Sr. Financial Analyst, Treasury Product Control
Canadian Imperial Bank of Commerce (Canada)
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.ComWhat You'll Be Doing
As a Senior Financial Analyst, Treasury Product Control, you'll be mainly responsible for producing daily Risk and P&L reporting to Front Office, Finance, and Risk Management using multiple systems and sophisticated analysis and modeling techniques.Additionally, you'll be reviewing the accuracy of booked trades, investigating discrepancies and resolving a diverse number of issues/problems to ensure daily reporting requirements are met. You'll contribute to the achievement of departmental goals and objectives by supporting the execution and maintenance of key initiatives and projects when 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
Carry out Product Control activities and various ad-hoc requests - Provide timely and accurate analyses for business's profit and loss, risk and economic revenue reporting and any ad-hoc requests from business and Finance. This would include but not be limited to: applying daily control procedures to ensure accuracy of reporting, obtaining Front Office P&L sign-off;
confirming and reconciling closing market positions to ensure Front Office has accurate information for hedging its portfolios;
partner with Accountingby producing reconciliations as required;
meeting and/or exceeding all documented Service Level Agreements with business partners to ensure service excellence is achieved;
maintaining and understanding the various organizational controls and processes as they relate to assigned books to adhere to regulatory requirements;
reviewing and verifyingthat adequate supporting documentation exists to ensure month-end attestation package completeness;
coordinating resolutionof reporting issues across multiple teams to ensure accurate reporting and effective problem solving;
summarizing findings and any recommendations to management in a clear and concise manner and taking preventative action to head off anticipated problems;
Deliver on key initiatives - Conceive, plan and actively lead assigned project streams or responsibilities, providing SME and BA support, ensuring both internal projects and CIBC wide projects are partnered effectively, and executed upon.Automation - Gather business requirements from concerned team members, brainstorm how to best deliver improvements and/or provide recommendations to enhance efficiencies, and capture that through proper documentation. Stay current on tools and information available to contribute to improving the effectiveness of data analysis. Review current processes and proactively recommend enhancements for efficiency gains in order to provide more effective business support.Support the launch of new products - Work closely with Treasury Front Office, Technology, Accounting Policy, Treasury Controllership teams, Finance Modernization team and GPO, to support launch of new products and strategies. This would involve developing some understanding of potential economics and mechanics of the new products and strategies, identifying and documenting the implications for hedge accounting, technology and DFE processes, documenting and communicating resulting business requirements, and lead any testing for readiness.Develop and maintain relationships - Interact with teams across Finance and Front Office, as well as partner with other infrastructure groups on initiatives. Be proactive and self-disciplined - Try to anticipate challenges and stay committed to deliver quality results in a timely fashion.Conceptual and organizational skills - Being able to see the "big picture" in a complex environment and translate your understanding and insights into a workable project plan.Who You Are
You can demonstrate solid understanding and experience in working with Treasury products in a previous role in Finance, Accounting, Product Control environment, and have proficiency in data analytics and programming tools eg. SQL, Python, VBA, Alteryx. It's an asset if you have or are working towards a professional designation (CPA, CFA, FRM, MFin, etc.). Previous experience related to project management would be a plus.You give meaning to data. You possess superior analytical and enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way. You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.You’re driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.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 conditionsWhat 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 View email address on ca.hrm.tc is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. 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 test (such as simulation, coding, French proficiency). We use artificial intelligence tools during the recruitment process. 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-81 Bay, 26th FloorEmployment Type RegularWeekly Hours 37.5Skills Accounting, Analytical Thinking, Communication, Data Analysis, Financial Reporting and Analysis, Management Reporting, Microsoft Applications, Personal Initiative, Report Analysis, ResearchingAt 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 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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As a Senior Financial Analyst, Treasury Product Control, you'll be mainly responsible for producing daily Risk and P&L reporting to Front Office, Finance, and Risk Management using multiple systems and sophisticated analysis and modeling techniques.Additionally, you'll be reviewing the accuracy of booked trades, investigating discrepancies and resolving a diverse number of issues/problems to ensure daily reporting requirements are met. You'll contribute to the achievement of departmental goals and objectives by supporting the execution and maintenance of key initiatives and projects when 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
Carry out Product Control activities and various ad-hoc requests - Provide timely and accurate analyses for business's profit and loss, risk and economic revenue reporting and any ad-hoc requests from business and Finance. This would include but not be limited to: applying daily control procedures to ensure accuracy of reporting, obtaining Front Office P&L sign-off;
confirming and reconciling closing market positions to ensure Front Office has accurate information for hedging its portfolios;
partner with Accountingby producing reconciliations as required;
meeting and/or exceeding all documented Service Level Agreements with business partners to ensure service excellence is achieved;
maintaining and understanding the various organizational controls and processes as they relate to assigned books to adhere to regulatory requirements;
reviewing and verifyingthat adequate supporting documentation exists to ensure month-end attestation package completeness;
coordinating resolutionof reporting issues across multiple teams to ensure accurate reporting and effective problem solving;
summarizing findings and any recommendations to management in a clear and concise manner and taking preventative action to head off anticipated problems;
Deliver on key initiatives - Conceive, plan and actively lead assigned project streams or responsibilities, providing SME and BA support, ensuring both internal projects and CIBC wide projects are partnered effectively, and executed upon.Automation - Gather business requirements from concerned team members, brainstorm how to best deliver improvements and/or provide recommendations to enhance efficiencies, and capture that through proper documentation. Stay current on tools and information available to contribute to improving the effectiveness of data analysis. Review current processes and proactively recommend enhancements for efficiency gains in order to provide more effective business support.Support the launch of new products - Work closely with Treasury Front Office, Technology, Accounting Policy, Treasury Controllership teams, Finance Modernization team and GPO, to support launch of new products and strategies. This would involve developing some understanding of potential economics and mechanics of the new products and strategies, identifying and documenting the implications for hedge accounting, technology and DFE processes, documenting and communicating resulting business requirements, and lead any testing for readiness.Develop and maintain relationships - Interact with teams across Finance and Front Office, as well as partner with other infrastructure groups on initiatives. Be proactive and self-disciplined - Try to anticipate challenges and stay committed to deliver quality results in a timely fashion.Conceptual and organizational skills - Being able to see the "big picture" in a complex environment and translate your understanding and insights into a workable project plan.Who You Are
You can demonstrate solid understanding and experience in working with Treasury products in a previous role in Finance, Accounting, Product Control environment, and have proficiency in data analytics and programming tools eg. SQL, Python, VBA, Alteryx. It's an asset if you have or are working towards a professional designation (CPA, CFA, FRM, MFin, etc.). Previous experience related to project management would be a plus.You give meaning to data. You possess superior analytical and enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way. You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.You’re driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.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 conditionsWhat 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 View email address on ca.hrm.tc is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. 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 test (such as simulation, coding, French proficiency). We use artificial intelligence tools during the recruitment process. 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-81 Bay, 26th FloorEmployment Type RegularWeekly Hours 37.5Skills Accounting, Analytical Thinking, Communication, Data Analysis, Financial Reporting and Analysis, Management Reporting, Microsoft Applications, Personal Initiative, Report Analysis, ResearchingAt 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 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
#J-18808-Ljbffr
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