Analyst/associate, Equity Markets Trade Control

7 months ago


Toronto, Canada CIBC Full time

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

What You’ll Be Doing

The Analyst/Associate is responsible and takes ownership for:
- Reconciliations: Each day, numerous reconciliations need to be completed. They include reconciling trader inventories, exchange/depository trades, intercompany accounts and foreign exchange.- Client Post-Trade Communication: In some cases, a client or their custodian may not settle an outstanding trade. Trade Control is responsible for liaising with the client to ensure the trade will get settled, or work with the business operations, the traders, back office and the client in the event that a buy-in is required to resolve the fail. Clearing cash or security balances in RAP/DAP accounts beyond regular settlement timeframes are also the responsibility of Trade Control.- Business Support: Support the business management group with ad hoc requests and projects as required.
- 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- Trade Verification - Verify all trade details against blotters, broker confirms, external trading platforms, trade tickets and trader’s files, in accordance with accepted daily control procedures designed to detect errors and omissions in trade capture. Attention to detail is a must-have skill.- Communication - Much of what Trade Control does requires skillful communication with clients as well as internal business partners in resolving issues.- Reporting - Running daily reports associated with the Trade Control group as part of the groups control processes.- Reconciliation - Reconcile trades between internal and external systems.- Business Acumen - Must cultivate a high level of knowledge of Capital Markets business products while partnering with peers to deliver timely results for numerous stakeholders.- Fast Paced - Work within a challenging, fast paced environment where time pressures demand a rapid response to requests and shifting priorities from the trading floor. Work in a dynamic team environment where sharing of skills and knowledge is critical.- Focused - Focused attention to detail when reviewing trade information in booking systems.- Record keeping - Organized approach to record keeping of daily controls for audit purposes.

Who You Are- You are a university graduate in the field of Mathematics or Economics or Finance or Commerce.- You have industry experience with an operations and/or trade support background. Knowledge of Broadridge, CDS, DTC, SSCNet and CTM would be an asset.- You have the technical knowledge: Intermediate Excel knowledge, specifically for reconciling datasets from different sources.- You are a strong communicator: Strong communication skills required when dealing with the back office, investigations officers, traders, marketers and middle office with regards to trade bookings and amendments.- You are a problem solver: Solid problem solving, analytical thinking and ability to use initiative while responding to non-routine queries.- You are passionate about people: Effective interpersonal skills, including good teamwork and relationship building.- You know the details matter: Confident and thorough, using good judgment, decision making and attention to detail.-
- You maintain Compliance with all CIBC regulatory training: while ensuring these programs and policies are applied consistently across the business. You will be personally responsible for compliance with all such regulatory and governance programs.- 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 p



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