Sr. Financial Analyst, Product Control

CIBC; Toronto; Hybrid; CAD 110,000 - 145,000; Full time

Job summary

CIBC's Daily Financial Estimates Product Control team seeks a detail-oriented professional to ensure accurate P&L reconciliation and timely breakdown of SDE for equity derivatives and markets.

The role supports a hybrid work arrangement (1–3 days on-site) and requires collaboration with Finance, Front Office, Risk Management and Global Operations to maintain robust control and trusted business insight.

Qualifications

• Current accreditation and good standing in a CFA program (Level 2) or equivalent, with 3+ years of Product Control work experience.
• MBA, FRM, MFin are a plus.
• Experience in PnL reporting of complex and/or sensitive derivative transactions.

Responsibilities

• Own Daily Financial Estimates for a Capital Markets trading line and ensure the control framework operates efficiently.
• Collaborate with Front Office, Risk Management and Finance to decompose P&L by risk factors and provide clear stakeholder commentary.
• Act as the main point of contact with Capital Markets CFO Group, Front Office, Global Operations, Finance and Risk Management to resolve issues.

Skills

Analytical Thinking

Communication

Finance

Financial Products

Group Problem Solving

Management Reporting

Microsoft Excel

Operations Management

Product Trainings

Relationship Building

Risk Management

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) for the Equity Derivatives and Equity Markets Lines of Businesses. 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 current accreditation and good standing in a CFA program (Level 2) or equivalent, with 3+ years of relevant Product Control work experience. MBA, FRM, MFin 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.
• 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, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Communication, Finance, Financial Products, Group Problem Solving, Management Reporting, Microsoft Excel, Operations Management, Product Trainings, Relationship Building, Risk Management