Director, Trading Credit Risk

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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

What youll be doing

As Director NBFI & Private Credit within CIBCs Risk Management group youll support the oversight of counterparty credit risk for Non-Bank Financial Institutions (NBFI) Asset Securitization and Private Credit lending activities. Youll be responsible for adjudicating and managing trading financing and lending facilities for a diverse range of counterparties including private credit funds banks sovereigns hedge funds pensions insurance companies and central clearing counterparties (CCPs).

In this role youll contribute to the execution of credit risk strategies policies and procedures that support strong credit quality across global portfolios in Canada the U.S. Europe and Asia Pacific. Working closely with partners across Risk Management Global Markets Corporate Banking Commercial Banking and key control functions youll help ensure sound risk oversight and alignment with CIBCs risk appetite and regulatory expectations.

At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 3 days per week on-site while other days will be remote.

How youll succeed

• Counterparty Credit Risk Management Support the adjudication and ongoing management of counterparty credit risk exposures within your portfolio ensuring effective identification assessment and monitoring in line with CIBCs risk policies standards and delegated authorities.
• Policy Execution & Risk Discipline Contribute to the implementation of credit policies procedures and risk management practices for NBFI and private credit portfolios while providing input into policy enhancements based on market developments and portfolio trends.
• Portfolio Oversight & Credit Adjudication Exercise delegated lending authority for credit facilities and transactions within prescribed limits and prepare sound recommendations for more complex transactions requiring senior approval.
• Industry & Market Insight Maintain current knowledge of market developments industry trends and counterparty-specific risks across sectors such as private credit hedge funds pensions insurance asset management and broker dealers to support informed credit decisions.
• Partnership & Stakeholder Management Collaborate with business partners senior risk professionals and control groups to support transaction structuring portfolio monitoring and risk-based decision-making that aligns with business objectives and CIBCs risk appetite.

Who you are

• You have strong credit and product knowledge. You bring solid experience in counterparty credit risk lending and trading products with the ability to assess moderately to highly complex credit facilities and transactions across NBFI and private credit portfolios.
• You have relevant industry expertise. You understand the key risk drivers and business models across financial institutions and institutional counterparties including hedge funds pensions insurance companies asset managers and broker dealers.
• Youre an effective communicator and relationship builder. You can clearly present credit views and recommendations influence stakeholders and build strong working relationships across Risk front office and control partners.
• Youre analytical and solutions-focused. You apply sound judgment critical thinking and problem-solving skills to assess risk identify issues and recommend practical solutions.
• Youre collaborative and supportive. You work well in team environments contribute to collective outcomes and provide guidance and support to peers and junior team members where appropriate.
• Values matter to you. You bring your real self to work and live our values of trust teamwork and accountability.

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $170000 USD - $200000 USD for the market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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) Holidaysand 401(k) in addition to other special perks reserved for our team members. #LI-TA

**This position is not available for Visa sponsorship.**

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

• 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-New York 300 Madison Ave Fl 6

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking Business Credit Risks Financial Markets Group Problem Solving Leadership Long Term Planning Risk Monitoring Risk Reporting Trading Risk Management

Required Experience:

Director