Director/Executive Director, Equity Derivative Delta One Trading

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

What You’ll Be Doing

The Director/Executive Director for US Delta One trading operates under the guidance of the business leader, significantly impacts the firm’s bottom line (i.e., trading revenue, deal flow, managing capital, client impact, risk responsibility, business budget, external profile, etc.) and contributes to firm-wide priorities and business line initiatives.

How You’ll Succeed

• Structuring creative solutions to clients financing / market access needs using delta-one product suite.
• Daily management of derivatives products including life cycle, management of the market, set-ups etc.
• Trading on the Delta One swap desk for trading GC swap and Index products
• Creating, designing, and delivering new derivatives products.
• Implement and improve the market models.
• Interact on a daily basis with other internal teams such as support, technology, sales etc.
• Structuring creative solutions to clients financing / market access needs using delta-one product suite, both Listed and OTC
• Generation of trade ideas, flow color and other market commentary for Sales and client use.
• Executing hedges to delta-one derivative trades in the cash, options, and futures markets.
• Working with partners in Compliance, Tax, Legal, Credit and Risk to control and manage business risks.
• Working with support partners in Middle Office, Documentation, Client Service and Electronic Trading to ensure a seamless client experience on each trade.

Who You Are

• Comprehensive knowledge of financial markets, specifically, Equity Derivatives functions and products.
• A strong academic background in Finance/Economics.
• 10 plus years of relevant financial industry experience in a similar position ( Delta One, Listed Derivatives, Total Return Swaps, Index trading )
• Extensive knowledge and experience in Equity Derivative products.
• Excellent writing and verbal communication skills, able to present complex material in a simple manner.
• Ability to work as part of a team with other traders and salespeople.
• The ability to make quick decisions under pressure.
• Detailed working knowledge of the industry and market to assess impact of market conditions.
• Significant presentation/interactive skills sufficient to clearly articulate complex conceptual information/ideas on issues involving extensive interpretation and opinion.
• Strong quantitative skills.
• Strong programming and application skills: C++, VBA, Shell scripts, Excel, Access.
• Strong analytic and problem solving skills
• Strong interpersonal skills, results oriented and a team player
• Strong written and oral communication skills
• Ability to work well in a fast-paced environment with changing priorities
• Negotiating a