Director, Trading Floor Market Risk Management

Director, Trading Floor Market Risk Management Join to apply for the Director, Trading Floor Market Risk Management role at CIBC 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 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 As a Director in Trading Floor Market Risk Management within Capital Markets Risk Management, you will oversee market risk and provide risk oversight with a focus on the Global FX trading desks. Your primary responsibilities include understanding desk trading and hedging strategies, providing effective risk challenge to the trading desk, and conducting daily and periodic monitoring of positions, risk, P&L, and capital. You will proactively monitor markets to anticipate potential risk impacts and collaborate with the Stress team to develop and enhance stress scenario analysis, strengthening the risk framework for the Global FX business. You will support the Head of Trading Market Risk for Global FX and work closely with other risk managers globally to deliver timely and accurate risk and product analysis to senior management. You will lead risk measurement enhancement projects, including internal risk measurement and FRTB Capital risk measures for your business line. Collaboration with partners in Capital Markets Risk, Trading, Technology, and Finance will be essential to ensure robust risk management, efficient communication, and process improvements. Additionally, you will work with the Quantitative Risk team to identify and address issues with risk models and continuously enhance existing models. Your strong quantitative, database, and coding skills will help streamline and automate risk oversight processes and reports, as well as support ad‑hoc risk analysis. How You’ll Succeed Problem solving and communication: Ensure effective and timely communication of desk P&L and risk changes. Closely monitor trading activities and limit utilization to help manage CIBC’s exposure to key risk factors. Provide effective challenges to trading desks: Provide effective challenges to the respective trading desks’ business strategies and risk management practices. Proactively identify key market risk factors/indicators and monitor risk metrics for the trading desks. Relationship building: Develop strong relationships with Capital Markets groups—including Traders, Sales, Marketers, Quantitative Analysts, Finance, Market Risk Solutions, and the Limit Monitoring Group—maintaining clear communication as a second line of defense. Continuous development of domain knowledge: Maintain and expand your expertise in Capital Markets activities, products, valuation and risk models, and risk sensitivities, with a focus on Global FX. Stay current with regulatory requirements and uphold rigorous standards for risk analysis, strategic thinking, and process documentation. Who You Are 5+ years of experience in market risk, trading, or a related risk field. Strong knowledge of capital markets products, especially Global FX (e.g., STIRT, FX options, or other derivatives), is a significant asset. Master degree in Quantitative Finance, Business, Economics, Engineering, Statistics, and/or related field. Digitally savvy: embrace innovative solutions, including AI, evolving technologies. Proficient in programming and database tools (Python, SQL, Bloomberg API, etc.), with a vision to streamline and automate oversight processes as well as ad‑hoc risk analysis. Passionate about people: value relationships and build trust through respect, authenticity, and accountability—both within your team and across CIBC. Enjoy solving complex problems and communicating detailed information in a clear, impactful way. Notice details that others don’t. Critical thinking skills help to inform decision‑making. Act like an owner: thrive when empowered to take initiative, exceed expectations, and deliver results within your team and across the broader CMRM group. 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. 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 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 Must be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. May ask you to complete 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., 5th Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Decision Making, Long Term Planning, Market Risk, Market Risk Analysis, Market Risk Management, People Management, Regulatory Requirements, Risk Management Framework Additional Information Seniority Level: Mid‑Senior level Employment Type: Full‑time Job Function: Finance and Sales Industry: Banking #J-18808-Ljbffr