Sr. Consultant, OTC Derivatives Documentation

CIBC; Toronto; On-site; CAD 110,000 - 140,000; Full time

Benefits offered by this job

Competitive salary program

Benefits program

Employee share purchase plan

Defined benefit pension plan

MomentMakers recognition program

Job summary

CIBC in Toronto is seeking a Senior Consultant for OTC Derivatives Documentation to support across Interest Rates, FX, Equities, and Commodities. You will analyze complex structures, interpret ISDA agreements, and resolve documentation issues while guiding junior staff.

You will influence documentation standards, mentor consultants, and contribute to automation initiatives across Legal, Trading, Risk, and Technology teams.

Qualifications

• Experience with OTC derivatives documentation and ISDA frameworks in Capital Markets.
• Ability to interpret complex derivative structures and pricing concepts.
• Strong communication and collaboration across teams to support documentation decisions.

Responsibilities

• Develop, review, and validate OTC derivatives confirmations and related legal documentation to reflect transaction economics and regulatory requirements.
• Analyze complex derivative structures, ISDA templates, pricing models, and booking logic to resolve documentation issues.
• Mentor consultants and contribute to the evolution of the documentation operating model.
• Collaborate with Legal, Trading, Risk, Technology, and Operations to enhance standards and automate processes.

Skills

Derivatives documentation

ISDA frameworks

Analytical problem solving

Stakeholder collaboration

Digital savviness

Attention to detail

Tools

Excel

Power BI

Tableau

VBA

Power Automate

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

Capital Markets Operations plays an important role in supporting CIBC’s ability to deliver expertise, insight, and execution across complex markets activity while managing risk and maintaining operational excellence. As a Senior Consultant, OTC Derivatives Documentation, you’ll support over-the-counter (OTC) derivatives documentation across Interest Rates, Foreign Exchange, Equities, and Commodities. You’ll analyze complex derivative structures, interpret International Swaps and Derivatives Association (ISDA) documentation, resolve challenging documentation issues, and work closely with partners across Capital Markets to ensure legal documentation accurately reflects the economic intent of each transaction. In this senior specialist role, you’ll help influence documentation standards, mentor team members, support automation initiatives, and contribute to the evolution of the documentation operating model. You’ll also collaborate with teams across Legal, Trading, Risk, Technology, and Operations to solve complex problems, improve processes, and support new product and documentation requirements.

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

• Documentation Expertise - Develop, review, and validate OTC derivatives confirmations and related legal documentation to ensure they accurately reflect transaction economics, meet regulatory requirements, and support a strong client experience.
• Analytical Problem Solving - Interpret complex derivative structures, pricing models, payoff profiles, booking logic, and valuations to resolve documentation issues and reconcile legal and economic intent.
• Operational Excellence - Manage competing priorities in a fast-paced environment while maintaining a high standard of accuracy, sound judgment, and attention to detail, and proactively identify and resolve discrepancies to strengthen operational risk controls.
• Innovation & Automation - Identify opportunities to improve documentation processes through automation, data analysis, and emerging technologies, and contribute to practical, scalable solutions that enhance efficiency and control.
• Partnership & Influence - Build trusted relationships across Trading, Legal, Technology, Risk, Compliance, Product Control, and Operations to support documentation decisions, improve standards, and advance strategic initiatives.
• Leadership Through Expertise - Mentor consultants, share knowledge, and contribute to the continuous improvement of documentation practices, team capability, and the future-state operating model.

Who you are

• You can demonstrate experience in. OTC derivatives documentation, including complex products and International Swaps and Derivatives Association (ISDA) frameworks, within a Capital Markets environment. It’s an asset if you have experience across Interest Rates, Foreign Exchange, Equities, and Commodities.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You love to learn. You’re passionate about growing your knowledge. You have a strong sense of curiosity.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
• You can demonstrate experience in. Excel, data analysis, or process improvement tools. It’s an asset if you have experience with Visual Basic for Applications (VBA), Power Automate, Tableau, Power BI, or artificial intelligence-enabled solutions.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and 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, 28th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Communication, Development Planning, Strategic Objectives