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US Broker Dealer Treasurer
US Broker Dealer TreasurerCibc • New York, NY, US
US Broker Dealer Treasurer

US Broker Dealer Treasurer

Cibc • New York, NY, US
30+ days ago
Job type
  • Full-time
Job description

US Broker Dealer Treasurer

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

In the capacity of the US Broker Dealer Treasurer, this role will oversee funding, capital and liquidity activities in the US Broker Dealer and support strategic initiatives by developing effective Treasury practices tailored to the Broker Dealer.

How You'll Succeed

  • Oversee analytics and reporting of Broker-Dealer funding, liquidity, and capital, including for intraday liquidity, forecasting and explanation of business activity within the US Broker-Dealer.
  • Collaborate with Finance leadership in support of strategic initiatives that improve the effectiveness of the Treasury function, while expanding Treasury's value-add to the growth of the US Broker Dealer. Identify and institute best practices in financial risk management, cash and investment management, funding, treasury planning and analysis.
  • Participate in balance sheet and collateral optimization efforts related to the US Broker Dealer.
  • Determine impacts to key liquidity and capital stress metrics, balance sheet usage, intraday liquidity usage and funding requirements.
  • Oversee ongoing development and implementation of process improvements and strategic technology initiatives working with partners in Operations, Finance, Treasury and other areas throughout the organization.
  • Provide regular updates of Broker Dealer liquidity, capital and funding to senior management.
  • Engage with regulators on all inquiries related to Treasury activities within the US Broker Dealer.
  • Ensure compliance with relevant internal and external policies. Stay abreast of changes to government / agency policies / regulations affecting treasury activities.

Who You Are

  • Possess experience in Treasury funding mechanisms, transfer pricing methodologies, statistical modelling and analytics and reporting
  • Portray knowledge of the inter-relationship of various components of the balance sheet and in-depth understanding on how funding mechanisms optimize / support business growth
  • Solid understanding portfolio theory, capital markets, economics and asset and liability management.
  • Have knowledge of strategic issues facing U.S. Region's businesses and ability to assess impact of Treasury activities on these businesses
  • Strong knowledge of financial institutions and the US financial services industry, the market, regulatory environment
  • Strong conceptual thinking and problem solving skills to effectively deal with complex issues and communicate these effectively to the business leaders
  • Exceptional communication skills in oral and written presentations to communicate information and credible conclusions to the senior leaders
  • Strong influential and relationship skills in order to build trust, credibility and confidence in the value of the advice and information provided
  • Demonstrated leadership and team building to ensure colleagues collectively achieve goals for the businesses supported and finance as a whole
  • Solid knowledge and proven ability to implement the practices and processes related for effective management of the Treasury function
  • At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200K - $225K for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's 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), Holidays and 401(k), in addition to other special perks reserved for our team members.

    This position does not offer visa sponsorship.

    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 Mailbox.careers-carrieres@cibc.com .

    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

    Corporate Treasury, Finance, Financial Reporting and Analysis, Funding, Liquidity Management, Management Reporting, Operations Processes, People Management, Strategic Objectives, Technical Knowledge

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    Dealer • New York, NY, US

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