Market Data Analyst, Market Data Solutions

CIBC; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Pension plan

Employee share purchase plan

Job summary

CIBC is seeking a Market Data Analyst to join Capital Markets Risk Management. You will ensure data integrity, automate data processes, and help define requirements for strategic data platforms. The role demands strong SQL, Python and Excel skills, with a focus on risk factors and data governance.

You will collaborate with risk managers, solutions teams and vendors, supporting UAT and production changes within a hybrid on-site/remote schedule in Toronto.

Qualifications

• Strong foundation in statistics, time series, and financial derivatives.
• Solid proficiency in SQL, Python and Excel.
• Degree in a quantitative discipline; CFA or FRM is a plus.

Responsibilities

• Ensure data integrity and timely capture in risk systems.
• Perform ad-hoc market data analyses and support vendor onboarding.
• Document governance and data model changes, and generate ad-hoc data reports.

Skills

Data analysis

Statistics

Time series

Communication

Education

Bachelor's degree in mathematics/statistics/computer science or financial engineering

Tools

SQL

Python

Excel

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

Whatyou’llbe doing

You’ll work in a fast-paced environment to ensure Capital Markets Risk Management’s models continue to perform at the highest standards. As a Market Data Analyst you’ll work on applying and enhancing methods of assessing market data integrity, automating regular procedures and promoting timely data analysis. You’ll work with the wider Capital Markets Risk Management team to enhance and document our data models and help define requirements for our strategic market data platforms.

At CIBC we enable the work environment mostoptimalfor you to thrive in your role.You’llhave the flexibility to manage your work activitieswithin a hybrid work arrangement whereyou’llspend2-3 days per week on‑site, while other days will be remote.

Howyou’llsucceed

• Daily Market Data Integrity –You’llproactivelyensure thatmarket riskdatais captured in CMRM’s systems in a complete andtimelymanner.Wherepotentialgapsor errorsexist,you’llwork with Risk Managers to understand the impact andappropriate resolutions, and with Solutions teams toimplement protection against reoccurrence.You’llensure that data received from internal and external sources are properly captured,processedand delivered to downstream systems.
• Ad‑hoc Market Data reviews – You’ll perform analysis on available historical data using a variety of techniques, and clean or enhance the data available where required. When new risk factors are introduced, you’ll assist in the research and introduction of these factors, including the process of introducing new vendors where required
• Communication –You’llwork toidentifyimpactful data movements and adjustments, record these clearly, and to communicate these changes,and theimpact on risk calculations,to the risk managers.As data issues areidentifiedand resolved,you’llhelp track,agreeresolutionandacquirerelated approvals.
• Documentation and Governance –You’llwrite concise and specific procedure instructions, as well aspreparingdetailed governance documents to describe decisions that control critical day to day operations.You’llassistin providing daily summaries of production dataissues, andhelp provide ad‑hoc data reports as requested.You’llsupport analysis of new and alternative sources of data.
• Automationand Projects- You’llhelp improvethe automation of regular processes and controls, with a focus on enhancement of existing methodologies.You’lldevelopimprovementsthat reduce operational risk and increase efficiency whileretainingcritical human decision making and expertise.You’llhelp define the requirements for changes to our Market Datasystems, andperform UAT testing on enhancements prior to production.
• Controlsand Governance– You understand the importance of effectiverisk management through operational stability,documentationand procedure.You will follow CIBC’sgovernanceprocesses, andrecommend improvements to Control procedures asappropriate.

Who you are

• You understand data and statistics : You have a clear understanding of the criticality of data in valuations and the importance of statistical patterns in modelling that data. You have a solid foundation in statistics, time series analysis, and financial derivatives, with strong technical proficiency in SQL, Python and Excel
• You bring capital markets and technical knowledge: You understand market and credit risk concepts such as VaR, Monte Carlo simulation, Basis risk, as well as being familiar with Capital Markets products including Money Markets, FX Commodities, Equities, Credit, Derivatives, Futures, and OTC products.
• You have a degree in a quantitative discipline , such as mathematics, physics, statistics, computer science, or mathematical finance / financial engineering. It’s an asset if you have CFA or FRM accreditation.
• You’re motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
• You’re an effective communicator. You communicate clearly and confidently, both in writing and in conversation. verbal and will be adept at breaking complex issues into simple outlines.
• You know that details matter. 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 toworkand you live our values – trust,teamworkand 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]

• 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

Toronto-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Financial Derivatives, Group Problem Solving, Investigating, Market Risk, Microsoft Excel, Python (Programming Language), Regulatory Requirements, Reporting and Analysis, Researching, Risk Management Framework, Risk Management Information Systems, Structured Query Language (SQL)