Executive Director, Commodities and Fixed Income Risk Manager
At a glance
Director-level Risk & Financial Compliance role at CIBC. New York · full-time · $188,178–$291,700 base.
financeroles summary, based on the employer's posting.
What you'll do
- Assess market exposure across US commodities, bonds and rates trading
- Set up controls and monitoring processes for market risk, and track changing exposures and market conditions
- Give senior leaders timely, accurate updates on market risk
- Develop and improve models so they capture the relevant market exposures
- Assess risk for proposed business initiatives, new products and large trades
What you bring
- A bachelor’s degree and at least five years of progressively responsible financial-industry market risk work
- At least three years applying value-at-risk, stress testing and risk sensitivities to measure and analyze market exposure
- At least three years pricing linear and non-linear trading products and assessing their risks
- At least three years using Bloomberg terminal APIs and other features, plus three years in data analytics
Who this fits
This director-level role is based in New York, with part-time telecommuting permitted. You need to be legally authorized to work at the listed location.
From the employer
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
What you'll be doing:
CIBC World Markets Corp. seeks an Executive Director, Commodities and Fixed Income Risk Manager to analyze market risk for US commodity, bonds, and rates trading activities. Establish risk frameworks and processes to control and monitor against all market risks. Maintain continuous awareness of risk profiles and market developments. Facilitate effective dissemination of timely and accurate market risk information to senior management. Design, build, and enhance risk models to ensure market risks are appropriately captured. Prepare risk analyses in connection with business requests for new initiatives, financial products, and large trades.
Who are you:
Position requires a Bachelor’s degree, followed by 5 years of progressively responsible experience with market risk management in a financial industry setting. Experience must include a minimum of: 3 years of experience with quantifying and analyzing market risks by applying financial risk methodologies and metrics, including value-at-risk, stress testing, and risk sensitivities; 3 years of experience with the pricing and risks associated with linear and non-linear trading products; 3 years of experience with utilizing API and other functionalities of Bloomberg terminals; and 3 years of experience with data analytics. Part-time telecommuting permitted.
Job location: New York, NY. RATE OF PAY: $188,178.00 - $291,700.00 per year. To apply, please visit https://www.cibc.com/en/about-cibc/careers.html and enter Job Requisition ID 2613881. Alternatively, please send your resume, cover letter, and a copy of the ad to: CIBC, Attn.: H. Lazzaro, 300 Madison Avenue, New York, NY 10017.
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*, 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
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.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
Job Location
NY-New York, 300 Madison Ave Fl 5Employment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Decision Making, Long Term Planning, Market Risk Analysis, Market Risk Management, People Management, Regulatory Requirements, Risk Management Framework