Manager, Investment Strategy

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading Canadian banking institution in Toronto is seeking a Manager, Investment Strategy to provide operational support and research for wealth management initiatives. Ideal candidates will hold a business degree and have a keen interest in financial markets along with strong skills in analysis and communication. This position offers competitive compensation and opportunities for professional development.

Benefits

Competitive salary

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Qualifications

• Effective communication skills, both verbal and written.
• Ability to summarize financial market activities clearly.
• Reliable, able to multi-task, and a team player.

Responsibilities

• Deliver operational and administrative support in portfolio management.
• Generate content for publications and respond to inquiries.
• Conduct research on North American equities and provide advice.

Skills

Analytical Thinking

Financial Analysis

Investment Products

Researching

Education

University degree in business or related discipline

Enrollment in or completion of CFA program

Tools

Microsoft Excel

Bloomberg

FactSet

Job description

Overview

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

CIBC Private Wealth’s Investment Strategy Group (ISG) focuses on managing the Investment Strategy Committee (ISC) Portfolios. It also acts as a trusted investment resource for CIBC Wood Gundy’s investment advisors by providing timely and insightful advice to CIBC Wood Gundy’s Investment Advisors on North American equities, fixed income and preferred shares directly or through the ISG’s conference calls and publications. This role is for a qualified individual with a demonstrated interest in the financial markets who is interested in a career in wealth management.

The Manager, Investment Strategy will play a pivotal role within the ISG at CIBC Private Wealth. This position is responsible for delivering operational and administrative support in portfolio management activities including portfolio reconciliation, maintaining trade calculators and providing support in the execution of ISC Portfolio trades. The role also involves generating content for our publications and providing timely responses to Investment Advisors’ inquiries and requests. Additionally, the role involves providing research coverage for a designated North American equity sector, using existing research partnerships to generate timely, fundamentally driven investment ideas for the ISC Portfolios. These efforts directly contribute to our commitment to delivering consistent, competitive risk-adjusted performance for our clients.

The ideal candidate is an effective communicator with strong multitasking capabilities and time management skills. Responsibilities include offering informed advice and insights on equities to CIBC Wood Gundy investment advisors, backed by thorough research and an in-depth understanding of financial markets. These recommendations are designed to assist advisors and their clients in achieving their investment objectives.

This individual will share insights both directly with investment advisors and through written contributions to ISG publications. Success in this role requires the ability to perform efficiently in a dynamic, fast-paced, and time-sensitive environment.

At CIBC we enable the work environment most optimal for you to thrive in your role. 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

• Operational support and advice - Contribute or lead administrative processes by attending to Investment Advisor inquiries in a timely manner, maintaining and updating spreadsheets and marketing presentations, updating web-based content and responding promptly to ad-hoc requests.
• Publications - Participate in the production of the ISG’s daily, weekly, monthly and quarterly publications and contributing content as needed regarding the financial markets and individual equities.
• Business expertise - Conduct research and analysis on a variety of North American equities and contribute fundamental investment ideas to the ISC investment process. Provide timely investment advice and commentary for CIBC Wood Gundy’s investment advisors.
• Relationship management – Maintain internal contact with CIBC Wood Gundy’s investment advisors and other CIBC departments including equity research, operations and technology.

Who You Are

• You hold a university degree in business or a related discipline.
• You have a keen interest in the financial markets as demonstrated by having enrolled in or having successfully completed the CFA program. Direct experience in equity analysis and prior experience working within the Canadian wealth management industry is an asset. You have strong verbal and written communication skills with the ability to summarize financial market activities clearly and concisely.
• Advanced technical knowledge - You are highly proficient in Microsoft Excel applications; you have strong working knowledge of Bloomberg and/or FactSet. Computer programming skills would be an asset.
• Strong work ethic - You are reliable and can multi-task; you work hard, learn quickly and are able to function well as a member of a team. You are naturally curious about the financial markets and are eager to learn.
• Values matter to you - You bring your real self to work and you live our values of trust, teamwork and accountability.

What CIBC Offers

What CIBC Offers

• 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-81 Bay, 12th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Financial Analysis, Group Problem Solving, Investment Products, Professional Presentation, Researching, Research Reporting, Wealth Management