Job Information
CIBC Executive Director, Portfolio Management Strategy and Solutions in Toronto, Ontario
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 (https://www.cibc.com/en/about-cibc.html)
What you’ll be doing
The Executive Director is responsible for recommending optimal investment portfolios at all relevant horizons for more than $200 B of assets under management in Treasury-managed fixed-income portfolios and HQLA Investment Portfolios.
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
Strategy- Leadthe portfolio construction and asset allocation across a global team of in-house portfolio managers and traders (Toronto, New York, Cayman, Chicago, International Treasury teams under the direction of VP, Hedge Execution and in collaboration with the SVP Funding & Liquidity. Maintain a total portfolio suite of performance benchmarks, cascading to portfolio managers and traders as appropriate
Stakeholder Relationships- Lead coordination of finite enterprise credit risk, interest rate risk, and capital allocation across teams to ensure optimal usage, acting as the primary liaison with Trading Credit Risk Management and Treasury Capital Management in support of strategic objectives
Solutions Oriented- Directly responsible for supporting and representing the portfolio management and trading team on all matters related to daily interest rate risk management and HQLA management infrastructure in internal forums. You will also provide business leadership to the technology and operational infrastructure that enables Treasury's daily risk management decisions, overseeing a project budget of $3-5 million.
Who you are
You have a minimum of 10 years experience. Comprehensive knowledge of banking products and capital markets instruments, with 10+ years of relevant experience required. At least 10 years of experience with process engineering, business requirements, and project leadership/management in infrastructure development in a trading, hedging, and/or asset management context required
Strong knowledge of the financial services industry . Strong working experience and knowledge of trading, accounting, and management reporting systems (or equivalent) required
Knowledge of Accounting. Knowledge of accounting and tax matters relevant to hedging interest rate and FX risk for a banking book balance sheet is an asset
Knowledge of CIBC’s internal structure by business and legal entity is an asset
You are a bold and authentic leader. Strong leadership and people management skills to motivate and develop talent both within the team, across Treasury and through Finance executives
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.
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
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, French proficiency, 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
Toronto-161 Bay St 11th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Cost Effectiveness Analysis, Customer Experience (CX), Employee Experience, Leadership, Process Changes, Project Delivery, Project Management Oversight, Results-Oriented, Strategic Objectives, Strategic Projects
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.