Sr. Analyst Asset Liability Management

3 weeks ago


Toronto ON, Canada Canadian Imperial Bank of Commerce Full time

Sr. Analyst Asset Liability Management page is loaded Sr. Analyst Asset Liability Management Apply locations Toronto, ON time type Full time posted on Posted 3 Days Ago job requisition id 2411116

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

The Senior Analyst, Asset Liability Management (ALM) is responsible for supporting senior management in managing structural interest rate risk on bank’s net interest income and economic value, both within the context of delivering consistent and sustainable earnings for bank shareholders. This role will require advanced financial, risk, and strategic analyses to identify and evaluate strategic opportunities related to the management of the bank-wide structural interest risk within the risk appetite. The Senior Analyst will be part of a group accountable for providing value-add strategic analysis, as well as generating insights and authoritative recommendations for senior management. 

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. 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

  • Reporting and Monitoring- Prepare in depth ALM reports to GALCO and ALMC through data compilation from multiple sources and ad-hoc analysis to effectively reflect bank’s structural interest rate risk, ensuring data accuracy and developing expertise in these sources. Support senior management in identifying daily ALM P&L and DV01 variation
  • Trading and Analysis- Execute interest rate swap trades of C$ and US$ Non-Interest Sensitive (NIS) assets/liabilities with Hedge Execution, ensuring trade accuracy through effective communication with Trade Control. Maintain and update NIS trading/reporting model. Work closely with FTP team in transferring P&L of NIS assets/liabilities to the LOB
  • Stakeholder Management- This role reports to the Senior Director, Asset Liability Management and will also work closely with the Directors, Asset Liability Management. This role also requires close partnership with Finance, FTP, Middle Office, all SBUs, Hedge Execution, and Risk Management.

Who you are

  • You have demonstrated experience. Minimum of 4 years’ experience within the industry, with strong overall knowledge of financial institutions. CFA, MBA or equivalent degree. Experience with Quantitative Risk Management (QRM) system, SQL, DVP, X-Trader and Bloomberg is beneficial. Excellent proficiency in PowerPoint, Excel and ability to work with large sets of data
  • Subject Matter Expert. Knowledge of key Treasury functions, asset-liability management, regulatory capital, FTP, and liquidity, would be an asset.
  • You are confident in your knowledge. Strong knowledge of the financial services industry, and regulatory environment sufficient to interpret/analyze issues related to the management of the structural interest rate risk and develop innovative solutions to the challenges affecting the bank.
  • You understand success in the details. Strong analytic and problem-solving skills to understand, explain, and resolve business issues.
  • You put our clients and partners first. Advanced presentation/interactive skills sufficient to convey complex conceptual information/ideas on issues requiring extensive interpretation, objectivity &/or opinion. Problem-solving skills sufficient to creatively develop unique approaches and solutions to complex problems. Excellent attention to detail and a demonstrated ability to deliver results
  • 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

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Creativity, Financial Advising, Financial Analysis and Reporting, Process Improvements, Regulatory Requirements, Risk Assessments Similar Jobs (2) Wealth Credit Risk Manager locations Toronto, ON time type Full time posted on Posted 10 Days Ago Senior Manager, Operational Risk locations Toronto, ON time type Full time posted on Posted 2 Days Ago

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. #J-18808-Ljbffr

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