Analyst, Global Markets Trading at CIBC New York, NY

Comunidade Metodista; New York (NY); On-site; USD 115,000 - 135,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Wellbeing support

MomentMakers recognition

Job summary

CIBC is seeking an Analyst for Global Markets Trading in New York. The role focuses on credit research, relative value assessments, and revenue generation for the U.S. IG desk.

You will collaborate with Toronto colleagues and oversee analysts as the desk expands, contributing to the desk's P&L and research profile. The ideal candidate has a relevant degree and up to 2 years experience, with Series 7 and 63 licenses, strong market knowledge, and client-facing skills to drive ideas with sales and

Qualifications

• Undergraduate or graduate degree in Economics or Commerce and 0-2 years of related experience.
• Series 7 and 63 is required.
• Longstanding relationships with key buyside clients.
• Thorough understanding of the financial markets and market influences, including general current affairs.
• Interpersonal skills to deal effectively with clients and staff.
• Ability to relay complex news/developments concisely.

Responsibilities

• Assist the IG desk with company analysis and trade ideas; provide daily marketing product for sales to discuss with clients.
• Provide credit research and a relative value assessment across different credits and sectors.
• Collaborate with credit analysts in Toronto to share macro developments affecting multiple credits.
• As the U.S. IG desk grows, oversee analysts in additional sectors.
• Position correctly with the trading desk to maximize profit and differentiate CIBC.

Skills

Credit research

Market analysis

Client relations

Communication

Education

Series 7 license

Series 63 license

Job description

Analyst, Global Markets Trading job at CIBC. New York, NY.

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 Analyst role will be critical to assisting the IG desk with company analysis and trade ideas as well as providing daily marketing product for the sales force to discuss and distribute to clients. This information should have direct positive impact on the desk’s P&L. This candidate will be responsible for providing credit research and a relative value assessment across different credits and sectors. This role will also work closely with our two credit analysts in Toronto to share macro developments that could impact multiple credits. As the U.S. IG desk grows, the role will oversee analysts in additional sectors.

How You’ll Succeed

• Follow and analyze investment grade and crossover energy and utility credits.

• Review earnings and any significant news on a daily basis for credits.

• Work with the trading desk to position correctly and maximize profit.

• Work with sales and clients to provide information and investment ideas.

• Help to increase the credit skills of the sales team by conducting bi-monthly teach-ins.

• Work closely with DCM and support the group for underwriting mandates.

• Help differentiate CIBC and elevate our research profile.

Who You Are

Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

• Undergraduate or graduate degree in related field (Economics, Commerce) and 0-2 years of related experience.

• Series 7 and 63 is required.

• Longstanding relationships with key buyside clients.

• Thorough understanding of the financial markets and market influences, including general current affairs.

• Ability to deal with the inherent conflict between the sales and trading functions, and maintain a strong position in the face of opposition.

• Interpersonal skills to deal effectively with clients and staff.

• Ability to relay complex news/developments in a concise/clear manner.

• Ability to work under pressure.

#LI-TA

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000-$135,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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*, 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, 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

NY-300 Madison Ave., 5th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Business Direction, Client Service, Communication, Compensation Plans, Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Investments, Market Analysis, Market Trading