Associate, Asset Backed Securitization

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Job Description

What You’ll Be Doing

As a member of the Asset Backed Securitization (“ABS”) team, you’ll support the origination, structuring and execution of securitization products within the CIBC Global Credit Financing (“GCF”) business.  The Associate’s mandate is to provide exceptional service and support to Securitization, CIBC internal partners, and external clients, as they engage in activities that will help support the growth of the U.S. Securitization business at CIBC.

CIBC’s GCF team 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 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 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. With a strong focus on expanding our presence in the US market, our vision is to be our clients’ preferred capital markets banking partner across multiple products and services.

How You’ll Succeed

• Support the origination, execution, and syndication activities related to the Term ABS portion of the business.

• Collaborate with team members on various securitization activities, including ABS financing transactions.

• Prepare client presentations and data modeling.

• Assist in transaction support activities to help team members win and execute mandates.

• Relationship building - Work in deal teams to originate and execute on transaction mandates. This will include global interaction with other areas of the trading floor including structured products sales, trading, derivatives, and other capital markets areas at CIBC. This will also include interaction with the client, external rating agencies, investors, and other CIBC partners including Treasury, Risk Management, Finance, Legal, and Compliance. 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.

• Risk management - Evaluate collateral pools, legal agreements and transaction structures to identify risks and required mitigants.

• Financial modeling - Create and conduct financial modeling tasks for the deal team, including reporting on modeling results and making them understandable and presentable to clients.

• Client engagement - Prepare presentati