Manager, International Settlements

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary

incentive pay

banking benefits

defined benefit pension plan

an employee share purchase plan

a vacation offering

wellbeing support

MomentMakers, our social, points-based

Job summary

Canadian Imperial Bank of Commerce (CIBC) in Toronto seeks a Manager for International Equities Operations to lead a skilled team responsible for settlements, claims, and payments across international markets. The role focuses on SLAs, risk controls, budgeting, and strategic process modernization with emphasis on automation and collaboration.

The ideal candidate brings capital markets operations experience and strong leadership, with a track record of driving efficiency and client-focused

Qualifications

• Experience leading equities operations teams.
• Strong knowledge of capital markets operations.
• Ability to manage SLAs and risk/compliance.
• Experience with automation of processes.

Responsibilities

• Lead an experienced team across Equity Settlements, Claims and Payments.
• Ensure SLAs, risk management and budgeting are met.
• Drive modernization and automation of internal processes.
• Navigate complex, high-risk issues with sound decisions.

Skills

Leadership

Team management

Stakeholder collaboration

Risk awareness

Data analysis

Communication

Tools

Arrow

CDS

DTC

Broadridge ADP

Euroclear

Clearstream

Neolink

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 International Equities Operations team is responsible for providing efficient and accurate settlements for our Equities business for the firm in international markets. As the Manager, you will provide leadership to an experienced team with functions varying from Equity Settlements, Claims and Payments processing. Experience supporting Equities trading in Euroclear, BNP (Neolink), Clearstream will be key in the successful leadership of the team, ensuring all Service Level Agreements (SLAs), risk management/compliance obligations, budgeting and succession planning are managed effectively. As the incumbent, you will be responsible for leading and executing the future operational framework and modernization of our internal processes as we continue to grow in product offerings, geographies, client base with a focus on automation and collaboration. You will frequently be responsible for resolving complex, high-risk issues with sound decisions. At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you’ll succeed

• Lead with Effectiveness and Authenticity - Take the lead in a continuously improving and evolving environment. Strong focus on process efficiency and team development. Collaborating with internal partners to provide superior service to our clients and the business partners we support.
• People Leadership - Provide operational/process management expertise to ensure effective balances between service excellence, cost containment and risk avoidance. Manage production activities, including resource allocations, process adherence and compliance checks. Develop strategic direction for team and implement related goals and objectives. Provide in-depth advice and support on operational/product processes.
• Compliance and Controls - Manage risk within the department by ensuring compliance to policies, procedures and standards.
• Business Relationships - Manage effective partnerships and business relationships to facilitate communications and effective cooperation.
• Industry Knowledge & Education - Previous experience in Capital Markets & Wealth Management Operations, with an understanding of Securities Lending, Equity Trading, OTC Derivatives and Collateral Management.
• Technical Skillset - Ability to analyze and process data quickly and efficiently with a strong technical and analytical mindset. Experience with Arrow, CDS, DTC, Broadridge (ADP), Euroclear, Clearstream, Neolink, etc.

Who you are

• You are a bold and authentic leader.
• You're passionate about developing and coaching to bring out the best in people.
• You have led diverse, high performing teams.
• You're driven by collective success.
• You know that collaboration can transform a good idea int o great one.
• You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
• Your influence makes an impact.
• You know that relationships and networks are essential to success.
• You inspire outcomes by making yourself heard.
• 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 understand that success is in the details.
• You notice things that others don't.
• Your critical thinking skills help to inform your decision making.
• Values matter to you.
• You bring your real self to work and you live our values – trust, teamwork and accountability.

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

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 Location

Job Location Toronto-141 Bay, 21st Floor Employment Type Regular Weekly Hours 37.5 Skills Communication, Detail-Oriented, Group Problem Solving, Operational Efficiency, Operations Management, People Management, Relationship Management, Strategic Initiative

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.