Senior Commodities Counsel — Trading & Regulatory

Canadian Imperial Bank of Commerce; New York (NY); On-site; USD 140,000 - 185,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401(k) retirement plan

Paid time off

Wellbeing support

Job summary

Canadian Imperial Bank of Commerce (CIBC) seeks a Commodities Counsel to provide legal and regulatory advice for physical and financial commodities trading. Based in New York, you will support the Commodities team across energy, metals, power and environmental products, with emphasis on transaction structure and risk mitigation.

You will review master agreements (ISDA/NAESB/EEI), manage external counsel as needed, and advise on FERC/ISO licensing and relevant regulatory requirements.

Qualifications

• JD from an accredited US law school.
• New York State Bar admission in good standing.
• 5–7 years of counsel experience in a top law firm, financial institution, commodity trading firm, or US regulatory/self-regulatory org.
• Understanding of US regulatory landscape for coverage area.
• Strong interpersonal, communication, drafting and negotiation skills.

Responsibilities

• Provide day-to-day legal coverage for physical and financial commodities trading.
• Draft, review, and negotiate financing and hedging agreements, including loans, leases, prepays, repos, forwards, options and swaps, and related security documents.
• Support amendments to existing credit agreements as needed.
• Review commodity storage and transportation agreements as needed.
• Advise on enforceability risks associated with these agreements.
• Advise on CFTC, FERC, and other regulations with Compliance and Risk teams.
• Provide time-sensitive legal advice to sales and trading personnel.
• Analyze licensing and non-disclosure agreements for the commodities business.
• Support new trading initiatives in a rapid-paced environment.

Skills

Legal drafting

Regulatory compliance

Contract negotiation

Risk assessment

Interpersonal skills

Communication

Education

JD (US law)

Job description

Canadian Imperial Bank of Commerce (CIBC) seeks a Commodities Counsel to provide legal and regulatory advice for physical and financial commodities trading. Based in New York, you will support the Commodities team across energy, metals, power and environmental products, with emphasis on transaction structure and risk mitigation.

You will review master agreements (ISDA/NAESB/EEI), manage external counsel as needed, and advise on FERC/ISO licensing and relevant regulatory requirements.