Director ( VP - Equivalent), US Trade Control, US Global Markets job opportunity at CIBC.



DatePosted 6 Days Ago bot
CIBC Director ( VP - Equivalent), US Trade Control, US Global Markets
Experience: 12-years
Pattern: full-time
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US Trade Control, US Global Markets

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degreeAssociate
loacation New York, NY, United States Of America
loacation New York, NY....United States Of America

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: US Global Markets, Fixed Income, Trade Control team: Supervise and coordinate the Primary Dealer Trade Support activities for US Fixed Income trading, ensuring all processes are executed accurately and efficiently. Oversee pre-auction inventory reconciliation for US Treasuries and Agencies, validating firm positions and resolving discrepancies prior to auction participation. Support all major US Treasury and Agency auction types by managing order preparation, submission, and post-auction reconciliation. Update and maintain firm and client auction orders in the Federal Reserve’s TAAP system, ensuring accuracy, completeness, and timeliness. Develop and refine standardized auction order templates to streamline order entry and reduce operational risk for both firm and client submissions. Monitor trade capture, allocation, and settlement processes, ensuring trades are properly booked and fed to downstream systems. Identify and resolve trade exceptions and reconciliation breaks between internal systems and external platforms (e.g., Broadridge & Bloomberg TOMS ). Act as a primary point of contact for front office, operations, technology, and external market utilities for all primary dealer trade support matters. Drive process improvements and automation initiatives to enhance operational efficiency and mitigate risk. Prepare and deliver operational and management reports related to trade support and auction activities. Participate in projects and system enhancements related to trade support, auction processes, and regulatory change. Foster a culture of compliance and continuous improvement, acting in line with CIBC’s values and standards. Support the onboarding and ongoing maintenance of client accounts and ensure accurate settlement information is provided. At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote. This role will take place on an open concept, fast-paced trade floor, which can at  times be an active, high-stress environment. In order to best meet the needs of our clients, early start times (e.g. 6:30am) may be required. How You’ll Succeed Operational Excellence: Ensure all trades are accurately captured, allocated, and settled, with robust controls and timely exception resolution. Auction Process Leadership: Oversee pre-auction inventory reconciliation, support all major US Treasury and Agency auction types, and ensure proper submission and reconciliation of orders in TAAP. Stakeholder Management: Act as the main liaison between the trading desk, sales, operations, technology, and external market utilities. Process Improvement: Identify opportunities for automation, efficiency, and risk mitigation, and lead implementation of enhancements. Team Leadership: Mentor, develop, and empower team members, fostering a high-performance, client-focused culture. Regulatory Adherence: Ensure all activities comply with CIBC and regulatory standards, and support timely and accurate regulatory reporting. Major Activities: Supervise daily trade capture, allocation, and settlement for US Treasuries and Agencies. Lead pre-auction inventory reconciliation to validate firm holdings and resolve discrepancies. Oversee firm and client auction order preparation, template development, and submission in TAAP for all relevant auction types. Reconcile awarded securities and allocations post-auction, ensuring prompt and accurate booking. Monitor and address trade reconciliation breaks between internal and external systems. Maintain strong understanding of desk-related technologies and support integration and process improvements. Act as escalation point for operational issues, trade exceptions, and regulatory matters. Prepare and present operational and management reports related to trade support and auction activities. Participate in and lead projects and change initiatives relevant to trade support, system integration, and regulatory change. Collaborate with cross-functional teams for client onboarding, process enhancements, and technology upgrades. Who You Are: Experienced: 7–12 years in Trade Support, Operations, or Middle Office for a US Primary Dealer, with direct experience in auction processes and systems (TAAP, Broadridge, Bloomberg TOMS, E-Confirm). Educated: Bachelor’s degree required; advanced degree or relevant certifications (e.g., Series 7, 63, 99) preferred. Product Knowledgeable: Deep understanding of Fixed Income products, US Treasuries, Agencies, Repo, and related auction processes. Technically Skilled: Advanced proficiency in trade capture, reconciliation, exception management, and order management systems; experience with process automation and data analytics is a plus. Strong Communicator: Excellent verbal and written communication skills; able to interact effectively with all levels of the organization and external stakeholders. Influential: Proven ability to provide direction, mentor colleagues, and drive results collaboratively. Analytical & Detail-Oriented: Able to identify and resolve trade problems quickly and accurately, with a focus on continuous improvement. Client & Service Focused: Consistently acts with integrity, accountability, and a commitment to CIBC’s values—trust, teamwork, and service. Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability. #LI-TA California residents — your privacy rights regarding your actual or prospective employment At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $145,000 – $180,000 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, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program. Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development. *Subject to plan and program terms and conditions What you need to know CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit . We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us. Job Location NY-300 Madison Ave., 5th Floor Employment Type Regular Weekly Hours 40 Skills Business Effectiveness, Business Processes, Critical Thinking, Customer Experience (CX), Customer Service, Leadership, Long Term Planning, Project Management, Proposal Writing, Strategic Objectives

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