Sr. Financial Analyst, Product Control

CIBC; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Employee banking benefits

Job summary

CIBC in Toronto is seeking a disciplined Product Control professional to own the Daily Financial Estimates (DFE) and ensure accurate P&L reporting for management records. You will collaborate with Front Office, Risk, and Finance to decompose earnings by risk factors and explain drivers.

The role supports a hybrid work arrangement, with 1-3 days on-site and the rest remote. Candidates should have CFA Level 1 and 2+ years of experience in Product Control or related fields, plus strong Excel skills.

Qualifications

• CFA Level 1 with 2+ years in Product Control or related work.
• Experience in PnL reporting for Capital Markets and risk drivers.
• Familiarity with derivative products and cross-currency transactions.

Responsibilities

• Maintain and decompose P&L for DFE to support SDE.
• Collaborate with Front Office, Risk, and Finance for issues.
• Ensure the control framework operates efficiently in daily processes.

Skills

Balance Sheet Reconciliations

Investigating

Microsoft Excel

Education

CFA Level 1

MBA

Master's in Finance

Tools

Microsoft 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

What You'll Be Doing

The Daily Financial Estimates (DFE) Product Control Team is accountable for the integrity and timeliness of gross revenue for management records and reporting; namely Profit and Loss (P&L) reconciliation and decomposition to trader’s Same Day Estimates (SDE). You will embody the One Finance Vision and Guiding Principles.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Relationship management – possess good teamwork, partnership and relationship building skills sufficient to act in a collaborative manner given team members and stakeholders different backgrounds and experiences. You will liaise daily with Finance, Front Office and other Capital Markets stakeholder groups.
• Corroboration – provide supporting activities to Front Office, Risk Management and Finance, which includes decomposition of P&L by risk factors to ensure business partners understand the underlying drivers of P&L. Review and consolidate daily commentary and analyses for stakeholders
• Business focus – be accountable for the Daily Financial Estimate for a Capital Markets Trading Line of Business. The incumbent is accountable to ensure that the control framework is operating efficiently. You will act as the main point of contact for peer and stakeholders in Capital Markets CFO Group, Front Office, Global Operations, Finance, Risk Management, etc. to ensure resolution of all related issues.

Who You Are

• You understand that success is in the details . You notice things that others don't. Your critical, analytical thinking skills and sound judgement help to inform your decision making.
• You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
• You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• You’re a certified professional. You have accreditation and good standing in the CFA Level 1, with 2+ years of relevant Product Control or related work experience. MBA, FRM, Master's of Finance are a plus.
• You can demonstrate experience in concepts and processes for the PnL reporting of complex and/or sensitive nature; derivative products, customized securities, cross currencies, forwards, options and other vanilla and non-standard derivative transactions.
• You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

#LI-TA

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]
• 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, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Balance Sheet Account Reconciliations, Investigating, Microsoft Excel