Director, Prime Brokerage In-Business Risk

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. reputed company members have what they need to reputed company 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 First-line-of-defense risk management for Cash Prime Brokerage, Synthetic Prime Brokerage, Securities Lending, and Correspondent Clearing Validate client margin calls, analyze changes in client equity and excess, review internal risk and margin reports, monitor client exposures versus approved risk limits Support Prime Services Sales, Transition, and Client Account Management teams: analyze prospective client portfolios and prepare margin term sheets, support business heads with negotiation of business and risk terms in legal documents, ensure approved clients are onboarded onto the Prime Brokerage platform with correct margin configurations and reporting, respond to live client margin inquiries and margin exception requests Support Prime Services financial resource manager to harmonize client margin and pricing decisions Monitor market trends and the evolving regulatory landscape. Identify strategic opportunities in the market and proactively manage risk Act as a special liaison to the Product Development team for technical risk and margin initiatives Expand the existing house margin reputed company for Global Prime Brokerage Enhance and expand the Prime Brokerage Risk Dashboard Support and collaborate with internal partners as required Model Validation: manage initial review of and ongoing performance monitoring for house margin rules Corporate Banking: support bankers with initial/annual client credit due diligence reviews (including portfolio decompositions & client commentary) Credit and Market Risk: exposure monitoring, risk limits Enterprise Risk: assist with Risk Identification, Risk Appetite programs Operational Risk: Assist with control identification, critical process identification, and operational reputed company exercises Liquidity Risk and Treasury: house liquidity stress test Business Management: audits, change initiative risk assessments for new product launches Who You Are Bachelor’s degree Programming experience in Python, VBA, SQL, and Bloomberg API Experience with risk management of equities, listed equity options, futures, convertible debt, and corporate bonds Knowledge of alternative asset management, margin lending, prime brokerage, Regulation T, Regulation U, FINRA Rule 4210, IIROC Rule 5000, Uncleared Margin Rules Regression testing, stress-testing, and VaR analysis 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 of USD$200,000 for the reputed company, 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 reputed company 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 reputed company. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We reputed company 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 reputed company it simple to bring together reputed company to create innovative solutions that reputed company 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 reputed company 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 [email protected] 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, reputed company 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 Analytical Thinking, Business Risks, Client Consultations, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching At CIBC, we are in business to help our clients, employees and shareholders reputed company what is important to them. Our ability to create value for reputed company 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 reputed company where you can reputed company. Every day, our 44,000 employees help our clients reputed company their financial goals, because what matters to our clients, matters to us. Apply Job!