Director ( VP - Equivalent), US Trade Control, US Global Markets
Listed on 2026-03-10
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Finance & Banking
Risk Manager/Analyst, Financial Analyst
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 team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
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What You'll Be Doing:US Global Markets, Fixed Income, Trade Control team:
Supervise and coordinate the Primary Dealer Trade Support activities for US Fixed Income trading, ensuring all processes are executed accurately and efficiently.
Oversee pre-auction inventory reconciliation for US Treasuries and Agencies, validating firm positions and resolving discrepancies prior to auction participation.
Support all major US Treasury and Agency auction types by managing order preparation, submission, and post-auction reconciliation.
Update and maintain firm and client auction orders in the Federal Reserve’s TAAP system, ensuring accuracy, completeness, and timeliness.
Develop and refine standardized auction order templates to streamline order entry and reduce operational risk for both firm and client submissions.
Monitor trade capture, allocation, and settlement processes, ensuring trades are properly booked and fed to downstream systems.
Identify and resolve trade exceptions and reconciliation breaks between internal systems and external platforms (e.g., Broadridge & Bloomberg TOMS ).
Act as a primary point of contact for front office, operations, technology, and external market utilities for all primary dealer trade support matters.
Drive process improvements and automation initiatives to enhance operational efficiency and mitigate risk.
Prepare and deliver operational and management reports related to trade support and auction activities.
Participate in projects and system enhancements related to trade support, auction processes, and regulatory change.
Foster a culture of compliance and continuous improvement, acting in line with CIBC’s values and standards.
Support the onboarding and ongoing maintenance of client accounts and ensure accurate settlement information is provided.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on‑site, while other days will be remote.
This role will take place on an open concept, fast‑paced trade floor, which can at times be an active, high‑stress environment. In order to best meet the needs of our clients, early start times (e.g. 6:30 am) may be required.
How You’ll SucceedOperational Excellence:
Ensure all trades are accurately captured, allocated, and settled, with robust controls and timely exception resolution.Auction Process Leadership:
Oversee pre‑auction inventory reconciliation, support all major US Treasury and Agency auction types, and ensure proper submission and reconciliation of orders in TAAP.Stakeholder Management:
Act as the main liaison between the trading desk, sales, operations, technology, and external market utilities.Process Improvement:
Identify opportunities for automation, efficiency, and risk mitigation, and lead implementation of enhancements.Team Leadership:
Mentor, develop, and empower team members, fostering a high‑performance, client‑focused culture.Regulatory Adherence:
Ensure all activities comply with CIBC and regulatory standards, and support timely and accurate regulatory reporting.
Activities:
Supervise daily trade capture, allocation, and settlement for US Treasuries and Agencies.
Lead pre‑auction inventory reconciliation to validate firm holdings and resolve discrepancies.
Oversee firm and client auction order preparation, template development, and submission in TAAP for all relevant auction types.
Reconcile awarded securities and allocations post‑auction, ensuring prompt and accurate booking.
Monitor and address trade reconciliation breaks between internal and external systems.
Maintain strong understanding of desk‑related technologies and support integration and process improvements.
Act as escalation point…
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