Job Information
CIBC CIBC - Senior Portfolio Analyst, Implementation Equity - Montreal - Bilingual in Montréal, Quebec
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 (https://www.cibc.com/en/about-cibc.html)
What You’ll Be Doing
CIBC Asset Management Inc. is one of Canada's largest asset management firms with over $120 billion in assets under management. We are leaders in providing a broad range of high-quality global investment management solutions to retail and institutional clients.
Our assets include those under institutional money management for pension funds, endowments and insurance funds, private wealth management, and those that are part of the CIBC family of mutual funds such as CIBC Mutual Funds and Renaissance Investments family of funds and the CIBC family of managed portfolio solutions such as Managed Portfolio Services (MPS), Personal Portfolio Services (PPS), Frontiers Pools, and Axiom Portfolios. CIBC Asset Management is part of the CIBC Wealth Management group.
At CIBC Asset Management, our goal is to help our clients achieve what matters to them. Our philosophy is based on the CIBC values of Trust, Teamwork, and Accountability and we achieve results for our clients through an in-depth disciplined investing approach based on rigor and research.
Under the direction of the Senior Manager, Implementation team, the Senior Portfolio Analyst joins a team that is responsible for the Equity & Fixed Income implementation activities of CIBC Asset Management (CAM), CIBC Private Investment Counsel (CPIC), Cayman and First Caribbean. The team creates optimized orders baskets by analyzing complex situations, they have to accurately recognize and minimize the different risk factors associated with the rebalancing & strategic changes process.
They support directly and indirectly traders, portfolio managers, global operations, and client servicing teams by providing them with accurate and timely information. The Implementation team collaborates closely with the different teams involved in the trading lifecycle and plays a key role in ensuring that our clients can achieve their financial goals.
They implementation team has a central role in minimizing the overall operational risks and ensuring that the that the overall trading process is completed efficiently and accurately. Whenever a potential issue is identified they take the necessary steps to ensure a quick resolution.
You will also be participating in different key initiatives and project that will lead to the elaboration and implementation of new or revised workflows for the team.
To deliver a great client experience, you are flexible to work on occasion on weekends (a few times a year) to implement larger tactical shifts across client accounts.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details of your work arrangements will be discussed at the time of your interview.
How You’ll Succeed
Trade Implementation (rebalancing) - Implement equity and fixed income rebalancing programs in Bloomberg based on models and rebalancing guidelines. Make sure that accounts are pre-trade compliant, by adjusting orders baskets when there is a breach. Using post-trade compliance reports, justify any remaining account breaches and discuss corrective action with the Portfolio Manager.
Trade Implementation (Strategic) - Based on Portfolio Manager’s instructions (internal or external) implement strategic trades for all accounts subscribing to a particular equities or fixed income model, while ensuring that all orders are pre-trade compliant.
Reporting - Produce various daily, weekly, monthly, or quarterly reports, and ensure that reports are accurate and released within the established deadlines. Update and maintain the assigned PM quote sheets on a daily basis. Provide PMs with any reports they require on an ad-hoc basis. Respond to other special queries from internal clients such as the PMs or the Servicing Managers for CPIC (i.e., tax loss selling, trading simulations).
Problem Solving – Become one of the main resource persons in the team. Take the lead when problems arise in order to find solutions to resolve the issue appropriately and quickly. If needed, follow the proper escalation process for resolving issues by reaching out to the respective internal/external teams.
Projects - Participate in key initiatives and projects that expend or improve CAM capabilities and processes, by defining business requirements and creating, performing, and documenting business test cases.
Who You Are
You love to learn. You are passionate about growing your knowledge, and you know that there is no limit to what you can achieve.
You understand that success is in the details. You notice things that others do not. Your critical thinking skills help to inform your decision making.
You embrace and champion change. You will continuously evolve your thinking and the way you work in order to deliver your best.
You can demonstrate experience in the financial services industry (minimum of 5 years, ideally back office, middle office, or business analysts), and you have a developed knowledge of Bloomberg AIM or of programming languages like VBA or Python. It is an asset if you have the CFA designation or successfully completed the Canadian Securities Course (CSC)
You have a degree/diploma in business, finance, or economics.
Values matter to you. You bring your real self to work, and you live our values – trust, teamwork, and accountability.
You’re fluent in French and English to serve our clients in the community.
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 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 conditions
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, 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
2024-09-25
Job Location
Non-Trader-1000 Gauchetière O
Employment Type
Regular
Weekly Hours
37.5
Skills
Asset Management, Continued Learning, Critical Thinking, Equities Trading, Fixed Income Trading, Problem Solving
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.
