This job has expired, please see additional jobs below
Interest Rate Sales
Canadian Imperial Bank of Commerce
Chicago, IL, United States
Job Details - this job has expired, please see similar jobs below
Description
JOB PURPOSE
This Director position is primarily for Interest Rate coverage. Based on the candidate, it may also include Foreign Exchange. Under the guidance of the business leader, the individual will be responsible for client coverage out of CIBC Bank USA - Chicago and support the overall derivatives desk. There will be an assigned client portfolio and require the pricing and execution of trades. It will also include serving as a productive team member and helping as a backup for others. An essential part of the function will be to ensure coordination with Commercial Banking.
KEY ACCOUNTABILITIES
1. Main Objectives
• Executes the sales function, ensuring that all transactions are executed in accordance with established risk management strategies and risk parameters
• Contribute to the team orientated culture
• Enhance the ability to monitor, scrutinize, measure and mitigate risks
• Ensure adherence to policy
• Keep up to date with market trends
2. Within Mid-Market Solutions Group - US
• Work closely with Commercial Banking to identify new clients & opportunities
• Actively promote/market new concepts, products and services
• Act as an information source on regulations, processes and procedures to other areas of CIBC and provide value-added consulting
3. Ensure that recommendations and opinions offered to clients are in compliance with legislation and policies of CIBC
4. Champion CIBC values, and provide support in a manner consistent with the highest quality standards and CIBC objectives
CROSS-FUNCTIONAL RELATIONSHIPS
• Partner with trading, risk, origination and structuring teams across the firm to enhance CIBC’s functional capabilities
• This job liaises with commercial banking
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
JOB DIMENSIONS
• Enterprise-wide accountability
• Responsibility within the US Region
KNOWLEDGE AND SKILLS
• Comprehensive knowledge of financial markets,
• Ability to generate creative (out-of-the box) insights that differentiate CIBC from competition
• Teamwork – work within the sales/trading organization
• Business unit must achieve annual revenue / notional targets in an extremely competitive environment
• Developing productive relationships with “clients”, both internal and external
• Maximizing new business opportunities, which requires a quick response to changing priorities and information
• Developing and maintaining current knowledge in one’s product area
• University degree in Business/Economics (or equivalent) with 5-7 years of experience in the industry
WORKING CONDITIONS
• This role operates within high-energy trading floor environment.