Analyst/Associate, QIS Cross Asset Volatility Structurer

CIBC Quantitative Investment Strategies Structuring Role

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.

What You'll Be Doing

The QIS Structuring Group sits within CIBC Global Markets. This role supports the design and development of Quantitative Investment Strategies (QIS) / systematic indices for Financial Institution and Retail channels, with a focus on delivering innovative, tailored volatility-based solutions. The successful candidate will bring experience in volatility-driven products and strategies and will work closely with partners across Capital Markets to help originate, structure, and commercialize client-focused systematic solutions. This position offers strong exposure to cross-asset markets and an opportunity to broaden technical and commercial expertise within Global Markets.

How You'll Succeed

Assist the Structuring Group with their daily activities and administrative tasks, including but not limited to the following:

• Proactively generate Cross-Asset Derivatives and Quantitative Investment Strategy (QIS) / Systematic Indices ideas for Financial Institutions and other institutional clients, with particular emphasis on volatility-based strategies across multiple asset classes.
• Research, design, construct and backtest systematic volatility strategies (including signals, portfolio construction, rebalancing, and risk controls), and support commercialization to institutional clients.
• Quickly and efficiently respond to derivative pricing and structuring requests from Sales and clients; pricing capabilities across multiple asset classes are an asset.
• Perform market and quantitative analysis in support of new product and index development (e.g., volatility surfaces, skew, correlation, carry/roll-down, liquidity and transaction costs).
• Knowledge of commodity markets is a strong plus and may be leveraged in cross-asset strategy development.
• Produce scenario, stress-testing, and performance attribution analysis to support internal review, governance, and client discussions.
• Create and maintain client-facing materials (e.g., factsheets, pitch content, methodology summaries, trade idea write-ups) in partnership with Sales.
• Collaborate and partner with other groups in Capital Markets (Sales, Trading, Risk, Legal/Compliance, Operations, Technology, Model Validation) to deliver best-in-class client solutions.
• Support QIS/index lifecycle processes, including methodology documentation, approvals, periodic reviews, and (where applicable) coordination with calculation agents/vendors.
• Contribute to process improvement and automation of recurring research and reporting workflows.

On your own initiative, develop product knowledge through directed or self-directed study. Be prepared to cross train when the appropriate time arises, as suggested by management. Share any developed skills, knowledge, ideas with management and other members of Global Markets. Attend learning sessions hosted by the Continuous Learning Program as required.

Who You Are

• Knowledge of business/economics typically acquired through a university degree and/or a combination of education and industry experience; STEM degrees (Mathematics, Engineering, Physics, Computer Science) strongly preferred.
• Demonstrated experience in derivatives and systematic strategies, ideally with a focus on volatility (e.g., variance/vol swaps, options strategies, dispersion/correlation, carry/roll-down), typically acquired through ~3+ years in structuring, trading, quant, or a closely related role.
• Strong understanding of global financial markets and the drivers of volatility across asset classes (rates, FX, equities, credit and commodities); commodity derivatives knowledge is a plus.
• Working knowledge of derivative pricing and risk (e.g., Greeks, volatility surfaces, smile/skew dynamics, correlation, convexity, funding/financing, transaction costs) and the ability to support timely pricing/structuring requests.
• Strong quantitative skills, including the ability to interpret model outputs, validate results, and communicate assumptions, limitations, and risks clearly.
• Ability to learn quickly, demonstrate competence rapidly, and add value to transactions and client relationships through insight, responsiveness, and sound judgement.
• Confidence and composure in a fast-paced, high-accountability environment; comfortable prioritizing under tight deadlines.
• Strong ability to multi-task, manage time effectively, and adapt to changing priorities while maintaining attention to detail.
• Strong interpersonal and stakeholder-management skills; effective partner to Sales, Trading, Risk, Legal/Compliance, Operations, Technology, and Model Validation.
• Strong written and verbal communication skills, with the ability to create clear client-facing materials and explain quantitative concepts to non-quant audiences.
• Technical skills: Python (preferred) and SQL (asset); familiarity with common analytics/backtesting workflows and data handling best practices.
• Strong problem-solving skills with the ability to work independently, take ownership of deliverables, and drive issues to resolution.
• High standards of professionalism, integrity, and risk awareness, including comfort operating within governance and control frameworks.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Conduct and Risk Culture

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership's identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

• Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
• At all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goals
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
• Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
• Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC's policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
• Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
• Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institution

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 View email address on click.appcast.io.

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

Analytics Insights, Business, Business Direction, Client Relations, Client Service, Finance, Global Market, Marketing Strategies, Portfolio Management, Sales, Structured Products