Financial Analyst, Treasury Accounting

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 CIBC.com

What You’ll Be Doing

The role is responsible for complete and accurate accounting, investigation of variances, and supplementary reporting for CIBC both trading and non-trading businesses within Treasury as part of the Financial Liquidity Management team. The Senior Financial Analyst is responsible for providing professional, timely and efficient accounting and operational support to Derivative, Cash, and Treasury products team. The Senior Financial Analyst is responsible for preparing complete and accurate accounting and analysis, with the focus on monitoring and investigating investment transactions within trading systems to support accurate financial reporting.

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 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Problem Solving - Investigate and resolve differences between the ledgers and the source systems to ensure accurate reporting.
• Teamwork – Work with various teams including Product Control, Regulatory Reporting, and source system technical support groups for timely resolution of issues
• Financial Analysis - Prepare commentary and analyses for Finance to explain month over month and quarter over quarter fluctuations as well as month-end attestation packages to meet Finance and governance reporting requirements
• Organization – Complete all tasks in a timely manner to meet the deadline of month-end processes including accrual postings, performing SOX controls, and Meet and/or exceed all documented Service Level Agreements
• Innovative - Assist initiative teams and senior Product Control staff in the development of new reports, and testing of new systems and or processes to ensure accuracy and completeness

Who You Are

• You can demonstrate strong knowledge on the product life cycle for various financial instruments such as bonds, swaps, and purchase and resale agreements.  It’s an asset if you have advanced Microsoft Excel knowledge (pivot tables, sumifs, vlookups, etc).
• You have a degree in Accounting, Commerce, or Finance and/or 1-3 years of business related experience; pursing or enrolled in CPA, CFA or Masters.
• You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.
• You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

#LI-TA

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 benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, 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.

*Subject to plan and program terms and conditions

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 Mailbox.careers-carrieres@cibc.com

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting, Analytical Thinking, Conducting Investigations, Financial Analysis, Financial Products, Financial Reconciliations, Financial Reporting and Analysis, Group Problem Solving, Microsoft Excel, Regulatory Requirements