Executive Director, Commodities and Fixed Income Risk Manager

Location: New York, NY; part-time telecommuting permitted

Salary: $188,178–$291,700 per year

Company

CIBC is a relationship-oriented bank serving clients through financial products, risk management, and banking services.

What you will do

• Analyze market risk for US commodities, bonds, and rates trading activities.
• Establish risk frameworks and processes to control and monitor market risks.
• Maintain awareness of risk profiles and market developments and communicate timely risk information to senior management.
• Design, build, and enhance risk models to capture market risks appropriately.
• Prepare risk analyses for new initiatives, financial products, and large trades.

Requirements

• Bachelor’s degree and at least five years of progressively responsible experience in market risk management within the financial industry.
• At least three years of experience quantifying and analyzing market risks using value-at-risk, stress testing, and risk sensitivities.
• At least three years of experience with the pricing and risks of linear and non-linear trading products.
• At least three years of experience using Bloomberg terminal APIs and other Bloomberg functionality.
• At least three years of experience in data analytics.
• Must be legally eligible to work at the specified US location and hold a valid work or study permit where applicable.

Culture & Benefits

• Competitive salary and incentive pay.
• Banking benefits, a benefits program, vacation, and wellbeing support.
• Recognition through a social, points-based program.
• Paid Purpose Day for personal growth and development.
• Inclusive and accessible candidate experience.

Hiring process

• Applications may include an attribute-based assessment and skills tests such as simulation, coding, or MS Office testing.
• Applicants should submit a resume and cover letter.