Analyst, Interest Rates

CIBC US; Chicago (IL); On-site; USD 115,000 - 150,000; Full time

Benefits offered by this job

Health insurance

401(k)

Paid time off

Job summary

CIBC US in Chicago is seeking an Analyst to cover Fixed Income, Currency and Commodities with a client-focused approach. You’ll manage a portfolio, price and book trades, and coordinate with Commercial Banking to identify opportunities.

The role operates on a high-energy trading floor environment and requires strong analytical and relationship skills. Under supervision, you will execute transactions, monitor risks, and ensure compliance with policies.

Qualifications

• University degree in Business/Economics (or equivalent).
• 0-3 years of experience in the industry.
• Comprehensive knowledge of financial markets.

Responsibilities

• Execute sales transactions in line with risk parameters.
• Build client relationships and identify opportunities.
• Collaborate with Commercial Banking and cross-functional teams.
• Support a multi-product desk and price/book trades.

Skills

Client Coverage

Trading Desk

Risk Management

Market Trends

Client Onboarding

Sales

Regulatory Compliance

Team Collaboration

Communication

Problem Solving

Job description

What You’ll Be Doing

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

This Analyst position is primarily for Fixed Income, Currency and Commodity coverage. Under the guidance of the business leader, the individual will be responsible for client coverage out of CIBC - Chicago and support a multi-product desk. This role will include an assigned client portfolio and will require the pricing, execution, and booking of trades. It will also include serving as a productive team member and helping as a backup for others. An essential part of the function will be to ensure coordination with Commercial Banking. At CIBC, we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement will be discussed at the time of your interview. This role operates in a high-energy trading floor environment.

How You’ll Succeed

• Main Objectives: Executes the sales function, ensuring that all transactions are executed in accordance with established risk management strategies and risk parameters
• Contribute to the team orientated culture
• Enhance the ability to monitor, scrutinize, measure and mitigate risks
• Ensure adherence to policy
• Keep up to date with market trends

Within Mid-Market Solutions Group - US: Work closely with Commercial Banking to identify new clients & opportunities Actively promote/market new concepts, products and services Act as an information source on regulations, processes and procedures to other areas of CIBC and provide value-added consulting Ensure that recommendations and opinions offered to clients are in compliance with legislation and policies of CIBC Champion CIBC values, and provide support in a manner consistent with the highest quality standards and CIBC objectives Cross-Functional Relationships Partner with trading, risk, origination and structuring teams across the firm to enhance CIBC’s functional capabilities This job liaises with Commercial Banking

Who You Are

University degree in Business/Economics (or equivalent) with 0-3 years of experience in the industry Comprehensive knowledge of financial markets, Ability to generate creative (out-of-the box) insights that differentiate CIBC from competition Teamwork – work within the sales/trading organization Business unit must achieve annual revenue / notional targets in an extremely competitive environment Developing productive relationships with “clients”, both internal and external Maximizing new business opportunities, which requires a quick response to changing priorities and information Developing and maintaining current knowledge in one’s product area Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

Conduct and Culture Risk

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk. As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes: Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals Understanding and following the qualitative and quantitative components of our Risk Appetite Statements Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution

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

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

• Accountability
• Analytical Thinking
• Business
• Client Consultations
• Client Onboarding
• Client Prospecting
• Client Service
• Customer Engagement
• Global Market
• Hiring
• Identifying Opportunities
• Risk Management
• Sales
• Standard Operating Procedure (SOP)
• Total Rewards
• Wealth Management

Benefits and Compensation

This role has an expected salary range of $115,000-$150,000 for the Chicago 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 employees’ 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.

Inclusion & Accessibility

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.

Legal & Eligibility

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).

Company Culture

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.