Derivatives Specialist

CIBC Mellon; Toronto; On-site; CAD 52,000 - 78,000; Full time

Job summary

CIBC Mellon in Toronto is seeking a Derivatives Specialist in Derivatives Operations to process derivative transactions and deliver client servicing and daily cash management. You will reconcile overdraft and idle balances, forecast foreign currency, process wires, FX contracts and related settlements.

Qualifications include a university degree and a minimum of two years progressive experience in the securities industry, with knowledge of derivative strategies, strong attention to detail,

Qualifications

• University degree.
• Minimum 2 years progressive experience in the securities industry.
• In-depth knowledge of derivative strategies.
• Strong attention to detail and analytical problem-solving.
• Excellent communication and time management skills.

Responsibilities

• Respond to client/advisor inquiries to build relationships.
• Interact with internal and external contacts to address issues and keep supervisor informed.
• Process daily derivative transactions and perform daily cash management tasks.
• Process wires, foreign exchange and cash sweeps as directed by advisor, per policies.
• Work with supervisor and team to improve efficiencies, processes and controls in Derivatives Operations.
• Validate client and investment manager authorized signatures to reduce risk of unauthorized transactions.
• Maintain pricing files, collateral, margin and mark to market for accurate cash functions.

Skills

Securities industry experience

Derivative strategies knowledge

Attention to detail

Communication skills

Time management

Education

University degree

Job description

Company Information

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

Job Number: J0926-0101

Category: Derivative Operations

Employment Type: Full Time

City: Toronto

Posting Date: September 16, 2026

Closing Date: September 30, 2026

Company Information

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

Position Overview

The Derivatives Specialist, Derivatives Operations processes derivative transactions and is responsible for client servicing and daily cash management. Other duties include reconciliation and reporting of overdraft and idle balances, foreign currency forecasting, processing wires and foreign exchange contracts as well as determining daily mark to market and resolution of cash and trade issues.

Responsibilities

• Respond to client/advisor inquiries in order to build and maintain strong relationships.
• Interact with internal and external contacts to ensure client and advisor issues are addressed and keep supervisor informed in order to elevate issues when necessary.
• Process daily derivatives type transactions, perform daily management cash functions, process wires, foreign exchange and cash sweeps as directed by advisor, in accordance with established policies, procedures and time standards.
• Work with supervisor and team members in order to improve efficiencies, processes and controls in the Derivatives Operations Group.
• Validate client and investment manager authorized signatures on all cash and securities instructions to reduce risk of unauthorized transactions.
• Maintain accurate and up-to-date pricing files, collateral, margin and mark to market to ensure accurate cash functions.
• Maintain daily reconciliation futures valuation spreadsheets for reporting purposes.

Qualifications

• University degree
• Minimum 2 years progressive experience in the securities industry
• In depth knowledge of derivative strategies and initiatives
• Strong attention to detail, analytical with problem solving skills
• Excellent communication skills
• Excellent time management skills

CIBC Mellon's Values

• Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards
• Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward
• Be One Family: Challenge, empower and recognize your colleagues
• Take Ownership: Speak up, speak out, and make things better

Job Specific Competencies

• The salary band for this position ranges between $52,000 - $78,000.
• A reasonable estimate of the pay range for this role is $57,000 - $65,000 at the time of this posting. Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity.
• Please note, our recruitment process may include the use of AI-assisted tools.
• This posting is for an existing vacancy.

CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.