Associate, Securitization, Global Credit Financing

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading bank is seeking an Associate for its Capital Markets team in Toronto. The role involves supporting the origination and execution of Securitization products, fostering client relationships, and conducting detailed financial modeling. Ideal candidates will have relevant educational backgrounds and experience in a collaborative, fast-paced environment.

Benefits

Competitive salary

Incentive pay

Wellbeing support

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Qualifications

• 1-3 years of related business experience.
• Strong writing and oral communication skills.
• Knowledge of corporate finance theory and valuation techniques.

Responsibilities

• Assist in origination, structuring, and execution of Securitization products.
• Prepare presentations and conduct research on clients.
• Evaluate collateral pools, legal agreements, and transaction structures.

Skills

Business

Client Service

Communication

Data Analysis

Relationship Management

Education

Undergraduate degree or MBA/Masters in Finance, Commerce, Science, Technology, Engineering or Math

Tools

Excel

PowerPoint

Job description

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.com

What You’ll Be Doing

The Capital Markets arm of CIBC provides corporate, government and institutional clients with innovative solutions to help them raise capital, grow and invest actively throughout North America and key financial centres around the world. Our vision is to be our clients’ preferred capital markets banking partner across multiple products and services. Global Credit Financing (GCF) is a financing business focused on the origination, asset financing, and securitization activities of various debt based products for the Bank’s core clients. GCF is a product vertical under the Global Markets Financing and Financial Resource Management (GMF-FRM) which manages the allocation, deployment, and optimization of financial resources such as capital and balance sheet on behalf of and across the Global Markets Division.

You will support the origination, structuring and execution of Securitization products within the Global Credit Financing business in CIBC Capital Markets. The role operates in a fast-paced trading floor environment as part of a dynamic and hardworking origination team. The incumbent’s mandate is to provide exceptional service and support to Securitization, CIBC internal partners and external clients, with a focus on activities that will help support the growth of the Securitization business at CIBC. This includes: client presentations, data modeling and other transaction support activities that assist group members in winning and executing mandates.

Note: We will be open to hiring at an Associate level based the experience of the candidate.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.

How You’ll Succeed

• Relationship building - Work in deal teams to close transaction mandates. This will include global interaction with other areas of the trading floor including derivatives, fixed income trading, money markets, and debt syndication. This will also include interaction with the client, external rating agencies, and other CIBC partners including Treasury, Risk Management, Finance, Legal, Compliance, Tax. Together with other deal team members, attend due diligence sessions at client premises, record information obtained at the session, and prepare due diligence notes. Work closely with the various Global Markets teams as well as Investment Banking, Corporate Banking and Commercial Banking on exploring opportunities, developing market views, and bringing deals to the public or private markets.

• Risk management - Evaluate collateral pools, legal agreements and transaction structures to identify risks and required mitigants.

• Financial modeling - Create and conduct financial modeling tasks for the deal team, including reporting on modeling results and making them understandable and presentable to clients.

• Client engagement - Prepare presentations and conduct research on clients to assist senior team members in securing new mandates, which will involve researching, collecting, analyzing and organizing information in a manner that is presentable to clients.

Who You Are

• You have an undergraduate degree or MBA/Masters in Finance, Commerce, Science, Technology, Engineering or Math.

• You can demonstrate 1–3 years of related business experience or demonstrated ability to perform the role. Strong writing and oral communication skills, incorporating the ability to explain detailed financial analysis. Knowledge of corporate finance theory, financial analysis and valuation techniques.

• You act like an owner. A results-oriented self-starter who will show a keen interest in the Securitization business.

• You’re motivated by collective success. Team player who excels at working collaboratively with others in a group setting.

• You know that details matter. Proven ability to pay close attention to detail and execute transactions within tight timeframes with an analytic/systematic approach. Strong attention to detail and ability to multi-task. Efficient organizational skills to respond to shifting priorities on several simultaneous transactions.

• You give meaning to data. Strong technical/computer and analytical skills, including high proficiency in Excel and PowerPoint.

• Values matter to you. You bring your real self to work and you embrace 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 paid day off dedicated for you to use 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 [e-mail]

• 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 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

Business, Business Direction, Client Service, Communication, Customer Relationship Management (CRM), Customer Relationships, Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Market Analysis, Market Trading, Relationship Management