Derivatives Specialist

Job summary

The Derivatives Specialist is responsible for processing derivative transactions, managing daily cash functions, and performing reconciliations. They also provide client servicing, handle foreign currency forecasting, and ensure accurate reporting of mark to market and collateral.

Job details

Job Number: J0926-0101 Category: Derivative Operations Employment Type: Full Time City: Toronto Posting Date: September 16, 2026 Closing Date: September 30, 2026 Company Information CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work. We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions. We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience. Position Overview The Derivatives Specialist, Derivatives Operations processes derivative transactions and is responsible for client servicing and daily cash management. Other duties include reconciliation and reporting of overdraft and idle balances, foreign currency forecasting, processing wires and foreign exchange contracts as well as determining daily mark to market and resolution of cash and trade issues. Responsibilities Respond to client/advisor inquiries in order to build and maintain strong relationships. Interact with internal and external contacts to ensure client and advisor issues are addressed and keep supervisor informed in order to escalate issues when necessary. Process daily derivatives type transactions, perform daily management cash functions, process wires, foreign exchange and cash sweeps as directed by advisor, in accordance with established policies, procedures and time standards. Work with supervisor and team members in order to improve efficiencies, processes and controls in the Derivatives Operations Group. Validate client and investment manager authorized signatures on all cash and securities instructions to reduce risk of unauthorized transactions. Maintain accurate and up-to-date pricing files, collateral, margin and mark to market to ensure accurate cash functions. Maintain daily reconciliation futures valuation spreadsheets for reporting purposes. Qualifications University degree Minimum 2 years progressive experience in the securities industry In depth knowledge of derivative strategies and initiatives Strong attention to detail, analytical with problem solving skills Excellent communication skills Excellent time management skills CIBC Mellon's Values Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward Be One Family: Challenge, empower and recognize your colleagues Take Ownership: Speak up, speak out, and make things better Job Specific Competencies The salary band for this position ranges between $52,000 - $78,000. A reasonable estimate of the pay range for this role is $57,000 - $65,000 at the time of this posting. Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity. Please note, our recruitment process may include the use of AI-assisted tools. This posting is for an existing vacancy. CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.

What you’ll do

The Derivatives Specialist is responsible for processing derivative transactions, managing daily cash functions, and performing reconciliations. They also provide client servicing, handle foreign currency forecasting, and ensure accurate reporting of mark to market and collateral.

Requirements

Candidates must hold a university degree and possess a minimum of 2 years of progressive experience in the securities industry. Strong analytical, communication, and time management skills, along with in-depth knowledge of derivative strategies, are required.

Listed skills

• Time management · Preferred
• Problem solving · Preferred
• Attention to detail · Preferred
• Communication Skills · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Derivative operations
• Cash management
• Reconciliation
• Foreign currency forecasting
• Wire processing
• Foreign exchange contracts
• Mark to market
• Client servicing
• Analytical skills
• Problem solving
• Communication skills
• Time management
• Attention to detail
• Derivative strategies
• Securities industry knowledge

Job areas

• Finance & Accounting
• Customer Service & Support