Director, ABS Financing, Global Markets (VP Level)

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.

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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 centers around the world. Our vision is to be our clients’ preferred capital markets banking partner across multiple products and services.

Global Credit Financing (GCF) is a financing business focused on the origination, asset financing, and securitization activities of various debt based products for the Bank’s core clients. GCF is a product vertical under the Global Markets Financing and Financial Resource Management (GMF-FRM) which manages the allocation, deployment, and optimization of financial resources such as capital and balance sheet on behalf of and across the Global Markets Division.

The successful candidate will support the origination, structuring and execution of. 

US asset-backed securitization (ABS) financing activities, and will play a key role in the build-out of CIBC’s US ABS franchise.  The role operates in a fast-paced trading floor environment as part of a dynamic and hardworking Securitization team. The incumbent’s mandate is to focus on activities that will help support the growth of the ABS financing business at CIBC.  This includes: client presentations, data modeling and other transaction support activities that assist GCF in winning and executing mandates.

How You’ll Succeed

• Client and Transaction Origination - Prepare presentations and conduct research on clients and liaise with the MD, US ABS Financing to help source new transactions and GCF clients for CIBC. Work closely with the various Global Markets teams as well as Investment Banking, Corporate Banking and Commercial Banking on exploring opportunities, developing market views, and bringing deals to the public or private markets.

• Transaction Execution - Lead deal teams that structure, execute and monitor securitization financing transactions in the US, which will entail:

  • Structuring and modeling the transactions – guide junior team-members in creating and conducting financial models, including reporting on modeling results and making them understandable and presentable to internal and external stakeholders;

  • Reviewing and commenting on legal agreements;

  • Completing due diligence on clients and transactions to help understand and mitigate risks;

  • Working with rating agencies, as required, to get the transactions rated;

  • Obtaining any necessary internal approvals; and

  • Monitoring of transaction performance post-closing

• Relationship building – Interact and build relationships with other areas of the trading floor including derivatives, fixed income trading, money ma