Associate, Securitized Products

What You’ll Be Doing

As a member of the Structured and Securitized Products ( SSPA ) team, you’ll support the origination, structuring and execution of securitization products within the CIBC Global Credit Financing ( GCF ) business, with a primary focus in the Residential Mortgage ( RESI ) product class.

The Associate’s mandate is to provide exceptional service and support to the Residential Credit Business, CIBC internal partners, and external clients, as they engage in activities that will help support the growth of the U.S. Securitized Products business at CIBC.

• Support the execution of all operational activities related to Residential Mortgage business
• Collaborate with team members on financing, settlement, portfolio monitoring & cash management operations
• Ability to train and oversee analyst-level individuals in an Operations-centric division
• Design effective controls and document clear, concise procedures
• Relationship building – Collaborate with deal teams & business leadership to execute on transaction mandates, interacting with structured products sales, trading, and other capital markets areas at CIBC, as well as external rating agencies, investors, and other CIBC partners including Treasury, Risk Management, Finance, Legal, and Compliance
• Risk management – Evaluate collateral pools, legal agreements and transaction structures to identify risks and required deliverables to operationalize in a controlled, automated manner
• Technology scalability – Collaborate with Technology stakeholders to continuously identify, track & deliver on enhancements within the platform that reduce cost, build controls & deliver on requirements set by key stakeholders
• Client engagement – Proactive and responsive operational point-of-contact for clients, processing transaction requests, exemplifying SME-level knowledge of the mortgage asset class & defining processes with clients to adopt an efficient working relationship that meets CIBC’s bank standards and data security policies

You have an undergraduate degree in Finance, Business, Economics, Science, Technology, Engineering or Math. Alternatively, you hold an undergraduate degree in another discipline along with an MBA or a Master’s degree in Finance, Economics, or a directly related field.

You can demonstrate at least 5 years of directly related experience, particularly in corporate finance theory, financial analysis, and valuation techniques.

You possess strong writing and oral communication skills, with the ability to explain detailed financial analysis, act like an owner, and be a results-oriented self-starter who shows a keen interest in the Securitized Products business. You are motivated by collective success, a team player who excels at working collaboratively with others in a group setting, and know that details matter. You have proven ability to pay close attention to detail and execute transactions within tight time frames with an analytic/systematic approach, and possess strong attention to detail, ability to multi-task, and efficient organizational skills to respond to shifting priorities on several simultaneous transactions.

You give meaning to data and have strong technical/computer and analytical skills. Proficiency in Microsoft Excel is required; SQL expertise or experience leveraging AI tools to write database queries is preferred.

Values matter to you. You bring your real self to work and embrace our values – trust, teamwork and accountability.

Expected salary range: $125,000 - $140,000 for the New York, NY 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 also may include a discretionary bonus component.

CIBC offers a full range of benefits and programs to meet employee 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). Additional total compensation and benefits details will be provided during…