What you'll be doingReporting to the Senior Manager of Product Control, the Senior Analyst's main role is to analyze financial data, specifically focusing on Profit and loss reporting as well as product pricing. The successful candidate will play a critical role in analyzing, reconciling, and reporting P&L mark to market valuation data on a daily and monthly basis all while ensuring compliance with regulatory standards. Additionally, the candidate will be contributing to the overall success of our finance team by taking part in automation and process improvement projects.
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- Relationship management - act in a collaborative manner with team members and stakeholders from different backgrounds and experiences. You will liaise daily with Finance, Front Office and other Capital Markets stakeholder groups.
- Corroboration - provide supporting activities to your team lead, Front Office, Risk Management and Finance, which includes decomposition of P&L by risk factors to ensure business partners, understand the underlying drivers of P&L. Review and consolidate daily commentary and analyses for stakeholders
- Business focus - accountable to ensure that the control framework for their Line of Business is operating efficiently. Along with your team lead, you will act as the main point of contact for peer and stakeholders in Capital Markets CFO Group, Front Office, Global Operations, Finance, Risk Management, etc. to ensure resolution of all related issues.
Who you are- You understand that success is in the details. You notice things that others don't. Your critical, analytical thinking skills and sound judgement help to inform your decision making. Coding or exposure to automation projects is a plus (Alteryx, Python, Databricks)
- You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
- You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
- You're a certified professional. You are a CFA candidate having passed L1, with 3+ years of Product Control or relevant work experience. MBA is a plus.
- You can demonstrate experience in concepts and processes for the P&L reporting of complex and/or sensitive nature; derivative products, customized securities, cross currencies, forwards, options and other vanilla and non-standard derivative transactions.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.
What CIBC OffersAt 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 LocationToronto-81 Bay, 26th Floor
Employment TypeRegular
Weekly Hours37.5
SkillsAccounting Policies, Accounting Processes, Alteryx, Analytical Thinking, Balance Sheet Account Reconciliations, Databricks Platform, Finance, Financial Reconciliations, Financial Reporting and Analysis, Group Problem Solving, Management Reporting, Python (Programming Language)