CIBC→
Analyst, Global Trading Credit, Corporate Banking at CIBC · New York
Entry LevelOn-siteFull-timeNew York, NY$115k–$135k/yr
Skills
counterparty credit analysisfinancial statement analysisfinancial modelingindustry researchcredit risk assessmentderivatives knowledgetrading floor productscapital markets knowledgedata analysisexceldecision making
Job Description
Summary: CIBC is a relationship-oriented bank for the modern world, seeking talented professionals to join their team. The Analyst for Global Trading Credit will provide counterparty credit analysis for non-bank financial institutions, working closely with senior team members to manage credit relationships and monitor portfolio quality.
Responsibilities:
- Provide a broad range of analytical and research support to all the professionals within the Global Trading Credit Team located in New York
- Complete specific tasks including financial statement and data analysis, financial modeling and industry research. Analyst/Associates develop their skills through on the job training, mentoring and industry training
- Build and maintain relationships with CIBC World Markets marketers/traders, and responds quickly to requests for credit facilities from the trading floor
- Assist in the on-going monitoring of credit quality and global credit exposure of the portfolio by remaining current with counterparty’s financial condition, industry and economic trends
- Appropriately identify any relevant changes in the financial condition/business of a client
- Assist with due diligence activities and supports senior members on the team with regard to activities of many parties, including Legal and Documentation
- Provide sound, timely, and well-communicated recommendations for credit facilities supported by a thorough analysis and well-executed interpretation of relevant financial, industry, business, and market information
- Ensure that the portfolio meets with appropriate risk management guidelines and remains current with the changing methodologies
Required Qualifications:
- Strong undergraduate (business) degree required and 1-3 years related experience
- Unquestioned professionalism, ethics and reputation
- Approach to the workplace that is based on open communication and a team atmosphere
- Sophisticated analytical skills including extensive experience in analyzing financial statements in order to assess credit risks
- Ability to research and monitor large volumes of information from various sources, gather data and perform analyses on an ongoing basis
- Excellent oral and written communication skills to effectively communicate complicated concepts and financial data to senior management
- Excellent organizational and time management skills to deal with multiple and sometimes conflicting demands and time constraints
- Excellent adaptability and flexibility to deal with a rapidly changing environment
- Well-developed problem-solving and decision-making skills
- Strong Excel skills are a must
Preferred Qualifications:
- Post-graduate degrees and/or certifications, such as a CFA, MBA are viewed favorably, but are not essential
- Broad working knowledge of derivatives and other trading floor products
- Understanding of the credit risks associated with trading floor business products
- Solid understanding of specific industry, including fundamental market factors, and capital markets activity and influences
- Financial modeling experience is a plus
Required Skills: Counterparty Credit Analysis, Financial Statement Analysis, Financial Modeling, Industry Research, Credit Risk Assessment, Derivatives Knowledge, Trading Floor Products, Capital Markets Knowledge, Data Analysis, Excel, Decision Making
Benefits: Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, 401(k), Banking benefits, A benefits program, A vacation offering, Wellbeing support, MomentMakers, our social, points-based recognition program, Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
Benefits
Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
Holidays
401(k)
Banking benefits
A benefits program
A vacation offering
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development