Associate, Wealth Solutions Group, Global Markets

Posted 16 February 2023

Associate, Wealth Solutions Group, Global Markets at CIBC

Investment & Corporate Banking Full-time Toronto

Experience: Mid-Level
Education Required: Undergraduate or Masters degree: Commerce, Finance or STEM (Science, Technology, Engineering, Math)
Salary Range: Not Specified

Close date: 16 April 2023

Apply now

Position Description

What you’ll be doing

The Capital Markets arm of CIBC provides corporate, government and institutional clients with innovative solutions to help them raise capital, grow and invest actively throughout North America and key financial centres around the world. Our vision is to be our clients’ preferred capital markets banking partner across multiple products and services, both in Canada and where our core competencies can be exported. The Capital Markets mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada.

The Wealth Solutions Group within Capital Markets supports the distribution of Fixed Income, Money Market, Foreign Exchange, Structured Notes, Alternative Solutions, and Market-linked GICs to CIBC’s Wood Gundy Investment Advisors, Private Bankers, Retail Bank financial advisors and Third-party Investment Advisors.

The successful candidate will be primarily focused on distributing CIBC Structured Notes through various advisor distribution networks.

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.

Relationship Building

  • How you'll succeed - Working closely with sales, structuring staff, and traders to develop appropriate client solutions with timely execution. Liaising with other CIBC infrastructure groups (ISG, credit, treasury, tax, legal, client onboarding, etc) and resources, as appropriate, to deliver transactions. On your own initiative, develop product knowledge through directed or self-directed study. Be prepared to cross-train when the appropriate time arises, as directed by management. Share any developed skills, knowledge, ideas with management and other members of the Wealth Solutions Group.

  • Client Focus – Determine and provide product / rate information to our clients in a timely manner with exemplary service. Prospect and develop clients through outbound and follow-up calls, value-add transaction idea generation, client meetings/presentations and customized solutions, all the while providing trusted advice. Cross-sell other products, depending on our risk appetite and clients’ requirements, at all times making sound judgment. Monitor/track and analyze market activities and economic factors on an ongoing basis throughout the day to be able to respond to client requests with timely trade ideas.

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 compensation, 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.

Required Skill / Experience

Who You Are

  • Education. Undergraduate or Masters degree: Commerce, Finance or STEM (Science, Technology, Engineering, Math) preferred, with at least 3 years of similar or relevant business experience. Completion of the Canadian Securities Course and Conduct & Practice Handbook required with a CFA designation (or progress towards) considered an asset. A basic understanding / experience in VBA and Python programming considered an asset

  • Industry Experience. Established relationships with IIROC licensed investment advisors at full-service brokerages (i.e., CIBC Wood Gundy, RBC DS, etc.) considered an asset. A passion for understanding financial markets is a must, including a solid understanding of the current market environment. Ability to very quickly acquire knowledge, to demonstrate competence, add value to transactions and client relationships. Strong presentation skills, sufficient to clearly articulate complex conceptual information/ideas on issues involving extensive interpretation and opinion. Proven ability to develop viable product ideas and to lead product development process from idea generation through execution.

  • Communication Skills. Excellent communication and written skills in English, and French is considered an asset. Excellent interpersonal and relationship building skills required in order to develop, manage and leverage relationships with clients, and internal and/or external business partners.

  • Detail Oriented. Efficient organizational and project management skills, geared to respond to shifting priorities on several simultaneous initiatives, including roll-out of complex marketing plans for a territory.

  • Values matter to you. You bring your real self to work, and you embrace our values – trust, teamwork and accountability.

What is your reaction to the fact that the 61st session of the Commission on the Status of Women will be chaired by a man?