Address 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 Associate Portfolio Manager will be part of a team responsible for managing fixed income securities, such as money market, bonds, repo, floating rate notes.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview
Money Market Assets under management: 9 billion
How you'll succeed
- By being constantly in touch with the various outside dealers as to the money market rates and their list of inventories, the candidate is aware of any changes in the market that might be able to add value to the portfolio. That could include rate fluctuations or Central Bank decisions or the availability of new issues in the market.
- Negotiate price and amount for money market products
-Trade money market securities
-Manage information on interest rates, exchange rate fluctuations and capital markets to create investment opportunities
-Assist in portfolio construction by helping to formulate the CIBC Asset Management (CAM) Money Market strategy. The strategy is crafted in a semi-quarterly meeting of Money Market team.
-Prepare investment compliance, liquidity and duration reports for specialized money market portfolios
-Assist in the execution of Bonds, REPO, FRN transactions
-In the absence of the VP Money Market, the candidate will be responsible for trading in the Money Market portfolios based on the CIBC Global Asset Management (CGAM) Money Market Strategy. That specifically includes adhering to the client’s Investment Policy Statement (IPS) and pertinent legislation. At all times, respecting the targeted average term, sector term structure and strategy.
Who you are
-Bachelor Degree in Commerce
-Minimum of three (3) years of experience in trading fixed income securities
-You're fluent in French and English to serve our clients in the community
-High degree of autonomy
- CFA or CIM
-Problem solving ability and good judgement
- Capacity to meet deadlines and to work under pressure
- Attention to detail and good interpersonal skills
-Innovation through utilization of technology
-Work well in a team environment
-Knowledge of Bloomberg AIM and SS&C is an asset
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, points-based 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.
What you need to know
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
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.
Job Location Non-Trader-1000 Gauchetière O
Employment Type Regular
Weekly Hours 37.5
Skills
Investment Management
