CIBC

Sr. Specialist, Operations Management

CIBC$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in capital markets operations or regulatory reporting.
  • Strong understanding of regulatory trade reporting requirements including SFTR, MiFID II, and EMIR.
  • Comprehensive knowledge of OTC derivative products and transaction structures.
  • Proficient in data analysis related to operational controls and reporting.
  • Proven ability to engage and communicate effectively with diverse stakeholders.

Responsibilities

  • Lead execution of operational controls for regulatory trade reporting.
  • Collaborate with stakeholders to align product vision with regulatory needs.
  • Analyze diverse data sources for gaps in trade reporting and compliance.
  • Establish standards for identifying and managing control deficiencies.
  • Deliver insights and recommendations to enhance regulatory compliance performance.

Benefits

  • Personalized recognition including competitive salary and incentive pay.
  • Comprehensive benefits program and defined benefit pension plan.
  • Employee share purchase plan and vacation offerings.
  • Wellbeing support and access to innovative technology.
  • Paid initiative for personal growth and development opportunities.
Full Job Description
What you'll be doing

As a Consultant, Regulatory Operations within the OTC Derivatives team in Capital Markets Operations at CIBC, you will play a pivotal role in ensuring robust operational controls and regulatory compliance for Capital Markets Regulatory Trade Reporting. You will provide leadership, subject matter expertise, and oversight of control processes, while collaborating with stakeholders to drive continuous improvement and operational excellence.

At CIBC we enable the work environment most optimal for you to thrive in your role. 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
  • Operational Controls & Compliance - Lead and oversee the execution of operational controls related to regulatory trade reporting. Participate in control testing and project initiatives, with a focus on designing and implementing new controls to meet evolving regulatory requirements across multiple jurisdictions.
  • Stakeholder Engagement - Collaborate with internal and external stakeholders to develop a clear product vision that aligns with regulatory requirements. Present findings, performance metrics, and recommendations to business partners and executives, ensuring transparency and accountability in regulatory reporting.
  • Data Analysis & Reporting - Utilize advanced analytical skills to assess data from diverse internal and external sources, identifying gaps and opportunities for improvement in trade reporting. Develop actionable insights to enhance data quality and compliance.
  • Control Deficiency Management - Establish standards for identifying and quantifying control deficiencies. Develop escalation paths and track issues through to full resolution, ensuring timely remediation and continuous improvement.
  • Product Knowledge - Demonstrate extensive knowledge of repurchase/reverse repo transactions (REPO), securities lending and borrowing (SLEB), and a broad range of OTC derivative products. Apply both theoretical and practical understanding of derivative transaction structures and underlying finance principles.


Who you are
  • You can demonstrate experience in capital markets operations or regulatory reporting with strong knowledge of data systems, operational processes, and regulatory trade reporting requirements, including SFTR (mandatory), MiFID II, and EMIR.
  • You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
  • You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
  • You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
  • 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-595 Bay St., 7th

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge

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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