Top Benefits
About the role
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 Sr. Quantitative Analyst will be reporting to the Senior Director, Counterparty Credit Risk Methodology within the Quantitative Risk group of Capital Markets Risk Management (CMRM). In this role you will be responsible for providing first line of defence on the counterparty credit risk model used for counterparty trading limit monitoring as well as regulatory capital. This will include working with key front office and risk stakeholders on all aspects of counterparty credit risk management and associated control framework.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote. How You’ll Succeed
- Risk Modeling - Address quantitative needs of the counterparty credit risk model through active analysis of critical issues with risk measures and delivering quantitative solutions. Provide consultative services and presentations regarding pricing, valuation and risk measurement of financial products, as required. Support continuous enhancement of the CMRM models for pricing and risk measurement of derivatives and other complex products for counterparty credit risk as well as calibration of model parameters. Ensure that all models meet various regulatory and business requirements.
- Project Facilitation - Participate in projects across the Quantitative Risk group, ensuring deliverables are consistently met. Make recommendations based on the impact, effectiveness and feasibility of proposed valuation and risk measurement models and methodologies.
- Stakeholder Management - Communicate ideas effectively to stakeholders to ensure that model risk is understood, assimilated and managed well within CMRM risk management practices and CIBC risk appetite.
Who You Are
- You can demonstrate experience in defining and developing risk models to support the risk managers on decision making. You are well trained in quantitative techniques, capable of reading and critiquing the modern literature and to enhance cutting edge research independently. You have previous experience with developing and testing models as well as ability to code. It’s an asset if you have worked in Quantitative Risk modeling within Capital Market Risk.
- You have a degree in a quantitative field. Graduate degree (preferably doctorate) together with a strong knowledge of quantitative finance will enable you to work effectively in this role.
- You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
- You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.
- You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
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 Mailbox.careers-carrieres@cibc.com
- 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 Toronto-161 Bay St., 10th
Employment Type Regular
Weekly Hours 37.5
Primary Recruiter Erl Laxamana
Skills Analytical Thinking, Collaboration, Communication, Emerging Risks, Market Risk Management, Python (Programming Language), Reporting and Analysis, Researching, Risk Analytics, Risk Measurement, Risk Models
About CIBC
CIBC is here to help all our clients reach their goals.
We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want.
With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals.
This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada.
La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs.
Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez.
Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs.
Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada.
Top Benefits
About the role
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 Sr. Quantitative Analyst will be reporting to the Senior Director, Counterparty Credit Risk Methodology within the Quantitative Risk group of Capital Markets Risk Management (CMRM). In this role you will be responsible for providing first line of defence on the counterparty credit risk model used for counterparty trading limit monitoring as well as regulatory capital. This will include working with key front office and risk stakeholders on all aspects of counterparty credit risk management and associated control framework.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote. How You’ll Succeed
- Risk Modeling - Address quantitative needs of the counterparty credit risk model through active analysis of critical issues with risk measures and delivering quantitative solutions. Provide consultative services and presentations regarding pricing, valuation and risk measurement of financial products, as required. Support continuous enhancement of the CMRM models for pricing and risk measurement of derivatives and other complex products for counterparty credit risk as well as calibration of model parameters. Ensure that all models meet various regulatory and business requirements.
- Project Facilitation - Participate in projects across the Quantitative Risk group, ensuring deliverables are consistently met. Make recommendations based on the impact, effectiveness and feasibility of proposed valuation and risk measurement models and methodologies.
- Stakeholder Management - Communicate ideas effectively to stakeholders to ensure that model risk is understood, assimilated and managed well within CMRM risk management practices and CIBC risk appetite.
Who You Are
- You can demonstrate experience in defining and developing risk models to support the risk managers on decision making. You are well trained in quantitative techniques, capable of reading and critiquing the modern literature and to enhance cutting edge research independently. You have previous experience with developing and testing models as well as ability to code. It’s an asset if you have worked in Quantitative Risk modeling within Capital Market Risk.
- You have a degree in a quantitative field. Graduate degree (preferably doctorate) together with a strong knowledge of quantitative finance will enable you to work effectively in this role.
- You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
- You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.
- You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
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 Mailbox.careers-carrieres@cibc.com
- 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 Toronto-161 Bay St., 10th
Employment Type Regular
Weekly Hours 37.5
Primary Recruiter Erl Laxamana
Skills Analytical Thinking, Collaboration, Communication, Emerging Risks, Market Risk Management, Python (Programming Language), Reporting and Analysis, Researching, Risk Analytics, Risk Measurement, Risk Models
About CIBC
CIBC is here to help all our clients reach their goals.
We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want.
With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals.
This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada.
La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs.
Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez.
Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs.
Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada.