CIBC

Manager, International Settlements

CIBC$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Capital Markets & Wealth Management Operations
  • Strong understanding of Equity Trading, Securities Lending, OTC Derivatives and Collateral Management
  • Experience with Euroclear, BNP (Neolink), Clearstream, Arrow, CDS, DTC, Broadridge.
  • Proven ability to analyze and process data efficiently with a technical mindset
  • Background in risk management and compliance practices.

Responsibilities

  • Lead and manage daily operations of the International Equities Operations team.
  • Develop and implement strategic goals for the team-focused on process efficiency and team development.
  • Ensure compliance with all operational policies, procedures, and service level agreements (SLAs).
  • Build effective partnerships with internal stakeholders to enhance business operations.
  • Resolve complex issues that arise in day-to-day operations, ensuring sound decision-making.

Benefits

  • Competitive salary and incentive pay
  • Comprehensive benefits program and defined benefit pension plan
  • Employee share purchase plan
  • Flexible vacation offering and wellness support
  • MomentMakers social recognition program focused on employee achievements
Full Job Description

What you’ll be doing

The International Equities Operations team is responsible for providing efficient and accurate settlements for our Equities business for the firm in international markets. As the Manager, you will provide leadership to an experienced team with functions varying from Equity Settlements, Claims and Payments processing. Experience supporting Equities trading in Euroclear, BNP (Neolink), Clearstream will be key in the successful leadership of the team, ensuring all Service Level Agreements (SLAs), risk management/compliance obligations, budgeting and succession planning are managed effectively. As the incumbent, you will be responsible for leading and executing the future operational framework and modernization of our internal processes as we continue to grow in product offerings, geographies, client base with a focus on automation and collaboration. You will frequently be responsible for resolving complex, high-risk issues with sound decisions.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you’ll succeed

  • Lead with Effectiveness and Authenticity - Take the lead in a continuously improving and evolving environment. Strong focus on process efficiency and team development. Collaborating with internal partners to provide superior service to our clients and the business partners we support.

  • People Leadership - Provide operational/process management expertise to ensure effective balances between service excellence, cost containment and risk avoidance.  Manage production activities, including resource allocations, process adherence and compliance checks. Develop strategic direction for team and implement related goals and objectives.  Provide in-depth advice and support on operational/product processes.

  • Compliance and Controls - Manage risk within the department by ensuring compliance to policies, procedures and standards.

  • Business Relationships - Manage effective partnerships and business relationships to facilitate communications and effective cooperation.

  • Industry Knowledge & Education - Previous experience in Capital Markets & Wealth Management Operations, with an understanding of Securities Lending, Equity Trading, OTC Derivatives and Collateral Management.

  • Technical Skillset - Ability to analyze and process data quickly and efficiently with a strong technical and analytical mindset. Experience with Arrow, CDS, DTC, Broadridge (ADP), Euroclear, Clearstream, Neolink, etc.

Who you are

  • You are a bold and authentic leader. You're passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.

  • You're driven by collective success. You know that collaboration can transform a good idea int o great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

  • Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

  • You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

  • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

  • We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-141 Bay, 21st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Communication, Detail-Oriented, Group Problem Solving, Operational Efficiency, Operations Management, People Management, Relationship Management, Strategic Initiative

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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