New York, New York

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

Job Description

Associate, Securitization, Global Markets

What You'll Be Doing

The Capital Markets arm of CIBC provides corporate, government and institutional clients with innovative solutions to help them raise capital, grow and invest actively throughout North America and key financial centers around the world. Our vision is to be our clients' preferred capital markets banking partner across multiple products and services, both in Canada and where our core competencies can be exported. The Capital Markets mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada.

The incumbent will support the origination, structuring and execution of Securitization products within the CIBC Capital Markets. The role operates in a fast-paced trading floor environment as part of a dynamic and hardworking origination team. The incumbent's mandate is to provide exceptional service and support to Securitization, CIBC internal partners and clients, with a focus on activities that will help support the growth of the Securitization business at CIBC. This includes: client presentations, data modeling and other transaction support activities that assist group members in winning and executing mandates.

How You'll Succeed
  • Create and conduct financial models for cashflow analysis including waterfall, payment rules, and trigger effects. Provide reporting on modeling results and make them understandable and presentable to clients.
  • Prepare origination pitch books, teasers, and marketing materials and support the origination teams
  • Work in deal teams to execute transaction mandates. This will include global interaction with other areas of the trading floor including derivatives, fixed income trading, money markets, and debt syndication. This will also include interaction with the client, external rating agencies, CIBC Treasury, Corporate Banking and CIBC Risk Management, as well as liaising with the middle office and back office.
  • Together with other deal team members, attend due diligence sessions at client premises, record information obtained at the session, and prepare due diligence notes.
  • Perform data analysis on portfolio of assets with the ability to work on big data
  • Evaluate collateral pools, legal agreements and transaction structures to identify risks and required mitigants.
  • Participate in negotiation of asset financing termsheets and transaction legal documents
  • Prepare presentations and conduct research on clients to assist senior team members in securing new mandates, which will involve researching, collecting, analyzing and organizing information in a manner that is presentable to clients.
  • Work closely with the Global Distribution, Global Rates and Global Markets teams as well as Investment Banking, Corporate Banking and Commercial Banking on exploring opportunities, developing market views, and bringing deals to the public or private markets.
  • Work closely with Treasury, Risk Management, Finance, Legal, Compliance, Tax, and other business partners, as well as with Securitization & Structured Products Administration Group.
  • Monitor existing transactions and perform regular reviews of overall credit quality of the portfolio

Who You Are
  • Undergraduate University degree or MBA/Masters in Finance, Economics, Computer Science, , Engineering, Statistics or Math.
  • 2 - 5 years of related business experience or demonstrated ability to perform the role.
  • A results-oriented self-starter who will show a keen interest in the Securitization business.
  • Team player who excels at working collaboratively with others in a group setting.
  • Proven ability to pay close attention to detail and execute transactions within tight timeframes with an analytic/systematic approach.
  • Strong writing and oral communication skills, incorporating the ability to explain detailed financial analysis.
  • Strong attention to detail and ability to multi-task - output is consistently accurate, thorough and completed within deadlines.
  • Strong technical/computer and analytical skills, including advanced level in Excel with the ability to use pivot tables and macros and excellent PowerPoint skills. (programming skill is a plus)
  • Knowledge of corporate finance theory, financial analysis and valuation techniques.
  • Efficient organizational skills to respond to shifting priorities on several simultaneous transactions.
  • Values matter to you. You bring your real self to work and you embrace our values - trust, teamwork, work ethic and accountability.

What CIBC Offers

At CIBC, our people are our greatest asset. You'll become part of a diverse community that acknowledges everyone's unique talents, and empowers teams to do what's right for the client, and to do it well. As part of our team, you will:
  • Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
  • Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
  • Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
  • Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan

Conduct and Culture Risk

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership's identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
  • Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
  • At all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goals
  • Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
  • Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
  • Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC's policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
  • Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
  • Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institution

What you need to know
  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • 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

Job Location
300 Madison Avenue
Employment Type
Regular

Weekly Hours
40
Skills

New York, New York

CIBC U.S. provides tailored commercial, wealth management, personal, and small business financial solutions as well as cross-border banking services to clients with North American operations. We are backed by a 150-year-old Toronto-based, global financial institution with our U.S. headquarters in Chicago. We invest in our businesses, our clients, our people and our communities. We strive to build trusting and enduring relationships by putting our clients at the center of all we do. We use our values to guide our decisions, actions and interactions with our clients, our team members and our communities. Member FDIC | Equal Housing Lender.