Analyst, Securitization & Structured Products Administration
Job Overview
Job title: Analyst, Securitization & Structured Products Administration
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
Job Description
What You’ll Be Doing
The Capital Markets arm of CIBC provides integrated capital markets products, investment banking advisory services, corporate lending and top-ranked research to corporate, government, institutional and retail clients around the world. Our goal is to be the leading Capital Markets franchise in Canada and the lead relationship bank for key clients globally. CIBC Capital Markets consists of three lines of business; Global Markets, Global Investment Banking and Corporate Banking.
The Securitization & Structured Products Administration Group (SSPA) provides operational support for the Canadian Securitization Group of CIBC Capital Markets. SSPA currently employs approximately 20 staff across various functional groups that provide ongoing support for all aspects of our securitization programs. The incumbent’s mandate is to provide exceptional service and support to Securitization, CIBC internal partners, and clients.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How You’ll Succeed
Supporting the Director, Securitization & Structured Products Administration, the successful applicant will work in a dynamic and growing industry where demands are high, there will be ample opportunities for the applicant to learn and grow. This is a challenging position that requires the applicant to operate effectively under pressure. Due to the constantly changing business environment and complex nature of these products, the applicant must be flexible, adaptable, willing to learn, open to changes and be able to work independently at times with minimal supervision.
This team is responsible for a variety of key functions including:
Review or assist in the setup of new securitization conduits/programs;
Operationalize new securitization transactions, including documentation and structural review;
Develop and / or review the setup of monthly portfolio reporting templates and settlement models for new securitization programs;
Ensure that portfolio reports and settlement models reflect the requirements of the program’s legal documentation;
Prepare and / or review daily funding requirements, daily cash reconciliations, monthly program cash settlements, and portfolio monitoring of all securitization programs;
Prepare and / or review monthly reporting to rating agencies, investors and internal management reporting;
Prepare and / or review annual credit risk reviews for each program, monitoring limits and ensuring exposures are within thresholds;
Develop and maintain strong relationships with securitization clients and front office structuring team to ensure a clear understanding of the administration requirements and ensure timely and effective resolution of issues that may arise.
Liaise and work alongside all functional groups within SSPA and participate as an active member of the team;
Participate in special projects from time to time, as required
Who You Are
Experience and / or a degree in Business/Economics/Finance/Accounting;
Proficiency with Microsoft applications, particularly Excel, Word and Teams;
Service oriented with excellent communication (verbal and written) and interpersonal skills to deal effectively with various stakeholders;
Proven ability to pay close attention to detail;
Track record of meeting critical deadlines;
Can think and act independently to resolve issues with minimal supervision;
Can discern the need to escalate issues to senior team members;
Is frequently questioning the status quo of existing processes and thinking of ways to improve upon them;
Strong sense of ownership, ability to accept responsibility;
Understanding of Securitization;
Understanding of loan products (mortgages, auto loans/leases, credit card debt, lines of credit);
Understanding of interest rate derivatives;
Organized, responsible, and dedicated
Analytical/Systematic thinker
Service and results oriented
Values matter to you. You bring your real self to work, and you live our values – trust, teamwork, and accountability.
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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.
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
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 Toronto-161 Bay St., 9th
Employment Type Regular
Weekly Hours 37.5
Skills
Business Effectiveness, Human Resources (HR)
Company: CIBC
Expected salary:
Location: Toronto, ON
Job date: Thu, 10 Nov 2022 01:52:53 GMT
Job Source: Careerjet.ca