What you'll be doingAs aSenior Analyst, Securities Lending, you will provide direct support to the Securities Lending Trading Desk. The Securities Lending Trading desk is responsible for the execution and optimization of revenue, through the lending and borrowing of securities within the equity market. You will be responsible for all support functions such as, but not limited to, daily recalls and buy-ins, coordination on returns ensuring they are matched off efficiently and accurately, collateral optimization, substitutions and exposure management, rate changes, contract compare, and rolling of term deals/evergreens. In addition, you will serve as a liaison between Front Office and Back Office Operations, helping troubleshoot and resolve outstanding issues, and provide internal reporting. The incumbent will proactively analyze and recommend enhancements to existing business processes, clearly communicate rationale and negotiate solutions which will enhance operational effectiveness. Please note, there is a pre identified candidate for this opportunity. However, all candidates are welcome to apply.
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- Attention to detail & Analytical skills -Exceptional attention to detail, ensuring that all client agreements and trade commitments are adhered to. All trading activity is fully balanced and settled by specified SLAs without errors or breaks. Regularly participate in research and analysis of discrepancies between internal records, custodians and counterparties. Present opportunities that provide the ability to maximize profits and reduce costs for both Front Office and Back Office.
- Relationship-Building - Required to respond to client's inquiries and requests, providing professional high-quality customer service for the assigned portfolio to ensure client satisfaction. The incumbent will have frequent professional engagement with clients, traders, regulators, senior leaders and other support staff. You will be required to liaise and manage both internal and external relationships.
- Problem-Solving - Knowledge of approaches, tools, techniques for recognizing, anticipating and resolving organizational, operational or process problems. Identifies and documents specific problems, and alternative resolutions. Strong Technical skills, SQL, VBA, Excel, etc.
- Operational Functions - Knowledge of major functional processes and associated operating requirements. Seeks efficiencies in operational functions wherever possible. Experience with Global One, BFS/ADP, along with other industry-leading applications, as well as settlement depositories (CDS, DTC, etc) and tri-party agent-lending platforms.
- Effective Communication - Ability to effectively transmit, receive, and accurately interpret ideas, information and needs through the application of appropriate communication behaviors, tools and techniques. Communicates well downward, upward and outward.
Who you are- You can demonstrate experience 3+ years of experience in relevant industry roles, with a strong understanding of capital markets and the securities lending business. It's an asset if you have previous experience in Mid Office or Back Office support roles within securities lending.
- You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
- 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.
- 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 have a degree/diploma in Economics, Finance, Accounting, or another undergraduate degree.
- 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-161 Bay St., 5th
Employment TypeRegular
Weekly Hours37.5
SkillsAnalytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge