Senior Risk Manager, Trading Market Risk - Global Equities

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As a Senior Risk Manager, Trading Market Risk in Capital Markets Risk Management, you will be managing market risk and providing risk oversight with the focus on the Equity Derivative trading desks. Your key responsibilities include understanding the desk trading and hedge strategies, providing the effective risk challenges to the trading desk, daily & periodical position/risk monitoring and PnL/risk/Capital explain on the change and risk drivers.

and proactively monitoring the markets to anticipate the potential risk impact.

You will assist the Director, Trading Market Risk and collaborate with other risk managers in delivering timely and accurate risk and product analysis to the senior management team. You will provide leadership in the risk measurement enhancement projects including internal risk measurement and FRTB Capital risk measures for your respective business line. You will work closely with partners in Capital Markets Risk, Capital Markets (Traders), Technology and Finance to ensure sound risk management and measurement, efficient communication and to assist on process enhancements.

Furthermore, you will work closely with Quantitative Risk Management to identify the issues with the risk models and continuously enhance existing models. You will also utilize your solid quantitative, database and coding skills to streamline and automate the risk oversight process/reports and perform ad-hoc risk analysis.

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.

• Problem solving and communication
  - You will ensure effective and timely communication of the desk PnL and risk change explain, closely monitor the desk trading activities and limit utilization, in doing so help limit CIBC’s exposure to these risk factors.
• Provide effective challenges to Trading Desks:
  Provide effective challenges to the respective trading desks’ business strategies and risk management practices. Proactively identify key market risk factors/indicators and monitor risk metrics for the trading desks.
• Relationship building
  - Develop excellent relationships with various Capital Markets groups – Traders, Sales, Marketers, Quantitative Analysts, Finance, Market Risk Solutions, and Limit Monitoring Group. Maintain clear and concise lines of communication which each stakeholder group as a 2nd line of defense.
• Continuous development of domain knowledge
  - Maintain and utilize your expertise of Capital Markets activities and products, valuation & risk models, and risk sensitivities focusing on Equity derivatives. Continue to grow knowledge of Market Risk management and measurement. Keep up to date with pertinent regulatory requirements (existing and emerging), and maintain the rigorous standards for risk analysis , strategic thinking and process documentation.

• You can demonstrate experience . 3+ years of experience in market risk, trading, and or related risk field. You process experience and strong knowledge of capital market products especially pertaining to Equity Derivatives or other asset class derivatives a strong asset.
• You have a degree/diploma. In Quantitative Finance, Financial Engineering, Financial Mathematics, Statistics, and/or related program.
• You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You have programming and database skills (Python, R, SQL, and Bloomberg API, etc.) and a vision to streamline/automate the oversight process and ad‑hoc risk analysis.
• You're passionate about people. You find meaning in relationships, and surround…