Manager, Repo Operations - Toronto, Canada - CIBC

CIBC
CIBC
Verified Company
Toronto, Canada

2 weeks ago

Sophia Lee

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Sophia Lee

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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 Repo Operations team is responsible for providing efficient and accurate settlements for our Repo and Fixed income business for the firm in domestic and international markets. As the Manager, you will provide leadership to an experienced team with functions varying from Repo Settlements, Fixed Income Cash Settlements, Coupon Claims and Payments processing. Experience supporting Repo and Fixed income trading in CDS, DTC, Euroclear, Crest (BNP) and FED will be key in the successful leadership of the team, ensuring all Service Level Agreements (SLAs), risk management/compliance obligations, reconciliations, budgeting and succession planning are managed effectively. As the incumbent, you will be responsible for leading and executing the future operational framework and modernization of our internal processes as we continue to grow in product offerings, geographies, client base with a focus on automation and collaboration. You will frequently be responsible for resolving complex, highrisk issues with sound decisions.
  • At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of onsite and remote work) will be discussed at the time of your interview._


  • How You'll Succeed

  • Lead with Effectiveness and Authenticity
  • Take the lead in a continuously improving and evolving environment. Strong focus on process efficiency and team development. Collaborating with internal partners to provide superior service to our clients and the business partners we support.


  • People Leadership

  • Provide operational/process management expertise to ensure effective balances between service excellence, cost containment and risk avoidance. Manage production activities, including resource allocations, process adherence and compliance checks. Develop strategic direction for team and implement related goals and objectives. Provide indepth advice and support on operational/product processes.


  • Compliance and Controls

  • Manage risk within the department by ensuring compliance to policies, procedures and standards.


  • Business Relationships

  • Manage effective partnerships and business relationships to facilitate communications and effective cooperation.
  • Industry Knowledge & Education
  • Previous experience in Capital Markets & Wealth Management Operations, with an understanding of Securities Lending, Repo Trading, OTC Derivatives and Collateral Management.


  • Technical Skillset

  • Ability to analyze and process data quickly and efficiently with a strong technical and analytical mindset. Experience with Arrow, CDCC, DTC, Fed, Apex, Broadridge (ADP), Euroclear.
  • Who You Are
  • Values matter to you. You bring your real self to work and you live our values trust, teamwork and accountability.
  • You are a bold and authentic leader. You're passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.
  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
  • Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
  • You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
  • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
  • 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, pointsbased 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.
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