Consultant, OTC Derivatives, Regulatory Operations (6M Contract)

CIBC

  • Toronto, ON
  • Permanent
  • Full-time
  • 6 days ago
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 visitWhat You’ll Be DoingAs the Consultant, OTC Derivatives, Regulatory Operations, you will be joining the OTC Derivatives team within Capital Markets and Wealth Management Operations. You will provide leadership and oversight on the operational controls surrounding Capital Markets Regulatory Trade reporting. You will participate in control executions and project activities with emphasis on defining new required controls to ensure compliance with multiple regulatory jurisdictions. You will work with stakeholders to develop a product vision that satisfies requirements. You will present to business partners and executives on the quality of our regulatory performance. You will apply advanced analytical skills to analyze data from multiple external and internal data sources to identify potential gaps in reporting. You are confident, thorough and have the ability to use good judgment when making decisions involving a high degree of attention to detail.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.Kindly note this is a 6 months contract position.How You’ll Succeed
  • Subject Matter Expert - strong knowledge of data systems, operational processes and regulatory trade reporting requirements, including but not limited to SEC SBSD reporting, CFTC (Part 20, 23,43,45) and Canada (CIRO 2800-C, CSA). Create standards for capturing control deficiencies that quantify impact, create paths for escalation, and track until full resolution.
  • Extensive OTC Derivative Products Knowledge/Experience - Working knowledge of the structure of derivatives transactions from both a theoretical and practical viewpoint as well as the basic finance principles that underlie them. Possess a University Masters or Undergraduate degree in economics or business with 3-5 years of business related experience.
  • Reconciliations – 2+ years of reconciliation experience preferably working with Capital markets derivatives data, or experience reconciling trade economics and valuations for the purposes of regulatory reporting
  • Analytical Skills - 2+ years background in analytics leveraging state-of-the-art tools. Ability to use effective communication skills necessary to interpret and convey data that is often very technical.
  • Leadership and Training – Provide leadership and mentoring to analysts. Examine the impact of new regulatory obligations against existing workforce and technology designs. Develop and deploy formal training packages when rolling out new controls.
  • Communication & Collaboration – You have effective communication skills required to convey complex messages to business partners and executives. Understand that collaboration can transform a good idea into a great one.
Who You Are
  • You are digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends .
  • You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
  • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
#LI-TAWhat CIBC OffersAt 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.*Subject to program terms and conditionsWhat you need to knowCIBC 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 contactYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permitWe may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, 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.Expected End Date 2026-04-30Job Location Toronto-81 Bay, 28th FloorEmployment Type Temporary (Fixed Term)Weekly Hours 37.5Skills Analytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge

CIBC