Executive Director / Director, GCF Trader

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

BUSINESS UNIT DESCRIPTION

We provide integrated capital markets products, investment banking advisory services, corporate lending and top-ranked research to corporate, government and institutional clients around the world. Our goal is to be the leading Capital Markets franchise in Canada and the lead relationship bank for key clients globally.

JOB PURPOSE

We are seeking a trader to join a Singapore-based securities financing desk with a primary focus on credit and illiquid assets, and a secondary focus on liquid securities. The role requires the trader to have an understanding of matched book repo management, interest rate risk, and credit risk. Primary markets include US, Canada, Japan, and Australia. The position is responsible for day-to-day funding, balance sheet optimization, liquidity management, and building asset and liability portfolios. Priority will be given to candidates with experience trading Canadian markets and knowledge of Canadian Banks.

KEY ACCOUNTABILITIES

• Key trading and risk management responsibilities for our APAC securities financing platform
• Repo market making and pricing for institutional counterparties while ensuring competitive pricing and efficient hedging
• Support APAC time-zone pricing in global securities financing books, including Canada and the US
• Collaborate with sales, risk, and operations teams to ensure seamless execution and risk management
• Provide market color and trade ideas to clients and internal stakeholders
• Contribute to the development and implementation of trading strategies to enhance revenue and market share
• Maximize profitability of APAC GCF
• Assist in building a comprehensive regional securities financing business

KNOWLEDGE AND SKILLS

• Minimum 5 years in a repo, credit, or rates trading role
• Strong understanding of fixed income markets, products, and client needs in the Asia time-zones
• Fluency in developments in fixed income technology
• Excellent communication, analytical, and relationship management skills
• Ability to manage complex market risk independently and collaboratively in a fast-paced environment
• Strong understanding of credit markets, credit risk, and portfolio management
• Language skills appreciated, but not essential
• Experience with APEX, Bloomberg appreciated

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 [email protected]
• 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

One Raffles Place Twr 2 #12-61

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Capital Markets, Customer Engagement, Financial Modeling, Fixed Income Investments, Global Market, Interest Rates, Investments, Leadership, Market Trading, Process Improvements, Researching, Solution Strategies