Director, Structured Equity Finance (SEF)

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

Who You Are

To continue the expansion of SEF and the portfolio of Corporate Equity Derivative transactions in North America for CIBC core Clients.  This will involve:

• Identify new transaction opportunities for CIBC leveraging existing client relationships, including with corporates, private equity funds, family offices, insurance companies, mutual fund companies and other asset managers

• Manage the approval, negotiation and execution processes of SEF transaction

• The primary focus will including NAV financings, margin loans, capped calls, bond hedge + warrant transactions and forward sales on issuers’ own shares

• Manage transaction bookings, hedges and risk management for SEF products

• Coordinate with EQD trading on the approval, execution and risk management aspects of vol-based Corporate Equity Derivative products

• Coordinate with Delta1 trading on the approval, execution and risk management aspects of linear Corporate Equity Derivatives

How You'll Succeed

Responsible for executing transactions within CIBC’s risk framework and achieving target returns associated with the SEF transaction portfolio. The candidate will be expected to comfortably manage the complete transaction lifecycle. This includes transaction origination, securing internal committee approvals, client negotiations and overseeing the transaction execution, booking and risk management.

Providing timely support to Capital Markets Sales Teams associated with SEF transaction opportunities, including partnering in pitches, transaction assessment and structural proposals.

Ensure close cooperation with other CIBC Capital Markets financing activities across Equity Derivatives, Prime Brokerage and Global Credit Finance, to maximize CIBC Client opportunities and cross product capabilities.

What You'll Be Doing

The experience required for the role will include:

• Undergraduate degree. Graduate degree/MBA preferred;

• Work experience with capital structures, financial accounts and how financial and equity markets work;

• Good team player;

• Attention to detail and proven financial analysis and structuring capability;

• Strong preexisting client relationships;

• Approximately 5-10 years of relevant SEF product experience at a bank including syndicated financings and volatility-based Corporate Equity Derivative transactional experience.

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

Working Conditions

• This role operates within a normal office environment with little exposure to adverse working conditions.

• The role will be located in CIBC Capital Markets Offices in New York.

• The role will involve travel to other CIBC Offices and meetings with Clients in association with Sales Teams.

At CIBC, we offer a competitive total rewards package.  This role has an expected salary range of $200,000 for the New York, NY market based on experience, qualifications, and location of the position.  The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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 salary