Executive Director, G10 FX and FI Trading, Global Markets
Job Description
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
BUSINESS UNIT DESCRIPTION
CIBC Capital Markets and the Global Markets division are committed to excellence in meeting the demands of our clients and to creating exceptional value in support of their business goals. That commitment is evidenced by the manner in which we execute our trading and distribution strategies and by our delivery of asset-related products. Global Markets provides a broad range of products and services including Global Markets origination and syndication, Foreign Exchange/FXO, Cash trading (including electronic and program trading capabilities), Options, Derivatives, as well as Commodity Structured Products. Our relationship management teams ensure that our clients have access to all of our product lines across the globe. This synergistic approach to coverage among our major accounts has had a dramatic, positive impact on the dynamics within the Global Markets business. It is this highly efficient business platform, coupled with our superior research capabilities, that has brought us to the forefront of our industry.
PURPOSE OF JOB
Leveraging market and product knowledge as well as client needs within the G10 macro space in order to maximize profitability within defined risk parameters. Further, acting as a centre of competence for external and internal stakeholder for G10 related products and markets.
MAIN OBJECTIVES
Maintain a relevant market position pricing and risk managing the full spectrum of G10 products to accommodate clients’ needs
Build and maintain a close relationship with the FX and FI sales desks
Understand and deal with client pricing requests in G10 products as and when required
Be part of the Global FX Trading teams and establish a close working relationship with relevant peers within the London, Hong Kong, New York and Toronto businesses
Keep up to date with market developments and communicate these insights in a timely fashion to bank peers and clients
CROSS-FUNCTIONAL RELATIONSHIPS
This job works with in-house marketers and traders;
This job works with risk functions (Credit and Market), compliance, documentation and legal;
This job works with quants on the development of new products, and counterparts within the financial services sectors, industry/business leaders, syndication groups, financial intermediaries and market constituents.
SKILLS / KNOWLEDGE REQUIRED
Exceptional market knowledge across G10 FX and FI.
Solid understanding of risk management, liquidity provision, pricing, managing client flow and interacting with clients
Profitable track record
PREFERRED BACKGROUND
Established trader with a proven track record in excess of 10 years’ experience trading FX and FI books, managing and taking risk, and revenue production.
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 [email protected]
- 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
Job Location
150 Cheapside, 1st Flr,LondonEmployment Type
RegularWeekly Hours
35Skills
Analytical Thinking, Business, Capital Markets, Customer Engagement, Financial Derivatives, Financial Modeling, Foreign Exchange (FX) Trading, Global Market, Investments, Leadership, Market Knowledge, Market Liquidity, Market Trading, Process Improvements, Product Knowledge, Profitability, Researching, Solution Strategies, Structured Products