Director, Alternate Solutions Group - Foreign Exchange (FX) Trading

CIBC US; Toronto; On-site; CAD 190,000 - 270,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Benefits program

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers program

Job summary

CIBC in Toronto is seeking a Director for ASG - Foreign Exchange Trading to lead FX trading activities, set pricing strategies, manage risk, and drive revenue growth across cross-border payments and FX offerings.

You will work with product, sales, treasury, technology, and risk teams to optimize performance, deliver market insights, and strengthen client value while ensuring strong governance and controls. On-site, full-time collaboration is required to execute timely strategies.

Qualifications

• Degree in Business, Finance, Economics, or related field.
• Significant FX trading, sales and trading, or capital markets experience.
• Proficient in interpreting market data and communicating insights.
• Digital savvy with SQL and AI understanding.

Responsibilities

• Lead FX trading activities across ASG's payment solutions, managing pricing, execution, and risk within approved limits and in line with business objectives.
• Develop and execute trading strategies that align with ASG’s mandate, goals, and growth priorities.
• Maintain a strong control environment by ensuring trading activity adheres to internal policies, regulatory requirements, and risk frameworks.
• Partner with sales, product, technology, and operations to bring FX capabilities to market and improve the end-to-end client experience.

Skills

Analytical Thinking

Business

Business Strategies

Client Consultations

Financial Markets

Financial Modeling

Global Market

Investments

Market Trading

Researching

Risk Management

Education

Bachelor's degree or higher in a related field

Tools

SQL

AI familiarity

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

Join the Alternate Solutions Group (ASG) within Payments as a Director, ASG - Foreign Exchange (FX) Trading, where you’ll help deliver innovative, technology-enabled capital markets solutions for clients around the world. ASG combines the pace and innovation of a financial technology organization with the scale, strength, and governance of a leading financial institution. As a Director, ASG - Foreign Exchange (FX) Trading, you’ll lead trading activities that support ASG’s global payments and foreign exchange solutions, with a focus on pricing, risk management, market insight, and revenue growth. You’ll work closely with product, sales, treasury, technology, and risk partners to optimize trading performance and enhance the client value proposition across cross-border payments and related FX offerings. In this fast-moving environment, you’ll use your market expertise and leadership skills to drive execution, strengthen controls, and support strategic business objectives across ASG’s product suite. 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

• Trading Leadership & Execution - Lead FX trading activities across ASG-supported payment solutions, managing pricing, execution, and risk within approved limits and in line with business objectives. Oversee daily trading performance and make informed market decisions that support revenue growth and client outcomes.
• Strategy & Business Performance - Develop and execute trading strategies that align with ASG’s mandate, goals, and growth priorities. Monitor market conditions, business results, and emerging trends to identify opportunities, improve performance, and support sound business planning.
• Risk Management & Controls - Maintain a strong control environment by ensuring trading activity adheres to internal policies, regulatory requirements, and risk frameworks. Partner with control, compliance, and treasury teams to support accurate reporting, effective governance, and timely escalation of issues.
• Partnership & Client Value - Build strong relationships with internal partners across sales, product, technology, and operations to bring FX capabilities to market and improve the end-to-end client experience. Translate market insights into practical solutions that help strengthen product offerings and meet evolving client needs.

Who you are

• You have a degree in Business, Finance, Economics, Mathematics, Engineering, and/or a related field.
• You have relevant trading experience. You bring significant experience in Foreign Exchange (FX) trading, sales and trading, or capital markets, with a strong understanding of market structure, pricing, risk management, and client-driven execution. It’s an asset if you’ve supported payments, cross-border solutions, or institutional FX products.
• You give meaning to data. You use market information, business results, and trading performance data to inform decisions and identify opportunities. You’re proficient in interpreting complex information and communicating it in a way that drives action.
• You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. You have proficiency with SQL and have an understanding and knowledge of AI.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• You’re passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.

What CIBC Offers

• competitive salary
• incentive pay
• banking benefits
• a benefits program*
• defined benefit pension plan*
• an employee share purchase plan
• a vacation offering
• wellbeing support
• MomentMakers, our social, points-based recognition program.

*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]. CIBC 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 Details

Job Location: Toronto-141 Bay, 11th Floor

Employment Type: Regular

Weekly Hours: 37.5

Skills: Analytical Thinking, Business, Business Strategies, Client Consultations, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching, Risk Management

At 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.