What you'll be doing

The Repo Operations team is responsible for providing efficient and accurate settlements for our Repo and Fixed income business for the firm in domestic and international markets. As the Manager, Repo Operations you will provide leadership to an experienced team with functions varying from Repo Settlements, Fixed Income Cash Settlements, Coupon Claims and Payments processing. Experience supporting Repo and Fixed income trading in CDS, DTC, Euroclear, Crest (BNP) and FED will be key in the successful leadership of the team, ensuring all Service Level Agreements (SLAs), risk management/compliance obligations, reconciliations, 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. Please note, a preferred candidate has been identified, however, all interested and qualified candidates are still welcome to apply.

At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 1-3 days per week on-site, while other days will be remote.

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, Repo 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, CDCC, DTC, Fed, Apex, Broadridge (ADP), Euroclear.

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 into a 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

Job Location
Toronto-141 Bay, 21st Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Business Operations, Mentoring Staff, Operations Management, Operations Support, People Management, Prioritization, Process Improvements, Resource Allocation