Analyst, Trade Control

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 Job Description The Trade Control group provides control services to CIBC’s businesses through effective governance and control processes for all Cash Equity products in the North American & UK/EU regions. Individuals are required to monitor trade flows through various source systems and ensure new trade tickets are booked to feed Broadridge inventory positions in a timely and precise manner in order to ensure accuracy for Front Office and downstream parties as per Trade Control Policies & Procedures. What You’ll Be Doing The Analyst, Equity Markets Trade Control is accountable for providing day-to-day support for globally based trading, in Equity Markets products within Capital markets. Ensure all transactions advised by the Front Office have been completely and accurately booked into the requisite applications. Ensure direct external transactions are independently confirmed and verified in accordance with industry best practice. Monitor all trading activities and investigations of any discrepancies related to the trading and advise as required of any new business. Responsible for and takes ownership of the following functions: Reconciliations: Each day, numerous reconciliations need to be completed. They include reconciling trader inventories, exchange/depository trades, intercompany accounts and foreign exchange. Client Post-Trade Communication: In some cases, a client or their custodian may not settle an outstanding trade. Trade Control is responsible for liaising with the client to ensure the trade will get settled, or work with the business operations, the traders, back office and the client in the event that a buy-in is required to resolve the fail. Clearing cash or security balances in RAP/DAP accounts beyond regular settlement timeframes are also the responsibility of Trade Control. Business Support: Support the business management group with ad hoc requests and projects as required. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. How You'll Succeed Attention to detail – Accuracy is a must as errors can cost real dollars Communication skills – Much of what Trade Control does requires us to communicate with clients as well as internal business partners in resolving issues. Ability to work within tight timelines – Many functions in trade control are very time sensitive. Clear focus to complete tasks in a timely manner is required. Flexibility – There are times when multitasking is necessary. The ability to change direction at a moment’s notice will be needed. Who You Are You have industry experience with an operations and/or trade support background. Knowledge of Broadridge, CDS, DTC, SSCNet and CTM would be an asset. You work well within a team. You will be working in a dynamic team environment where sharing of skills and knowledge is critical. You take ownership of problems. You follow through on issues to their completion, keeping all relevant stakeholders informed. You are not afraid to make decisions and take appropriate action as necessary. Suggesting changes to processes to better them is strongly encouraged. Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. 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 health benefits program, defined benefit pension plan, an employee share purchase plan 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. 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. Job Location Toronto-161 Bay St., 4th Employment Type Regular Weekly Hours 37.5 Skills Business, Capital Markets 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 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.