At a Glance
- Tasks: Support the Delta-1 Trading team with pricing and risk management of equity derivatives.
- Company: Join CIBC, a modern relationship-oriented bank that values your strengths and ambitions.
- Benefits: Enjoy a collaborative environment with opportunities for personal growth and meaningful impact.
- Why this job: Be part of a dynamic team where your analytical skills can shine and make a difference.
- Qualifications: Undergraduate degree in a quantitative field; proficiency in Excel and programming (Python/VBA) required.
- Other info: CIBC promotes inclusivity and provides an accessible candidate experience.
The predicted salary is between 43200 - 72000 £ per year.
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.
Purpose of Job
Assisting London EQD Delta1 Trading team in the pricing and risk management of D1 products.
Main Responsibilities
- Assist in pricing and management/monitoring of Delta-1 risk within EQD London.
- Assist in tool, product and model development in order to facilitate clients deals and/or to improve risk-management workflows and processes.
- Assist in booking of trades.
- Analysing and liaising with Middle Office on daily p/l and book risk.
Skills / Knowledge Required
- An undergraduate degree, preferably in a quantitative discipline, with a proven record of success.
- Proficient in Excel, with knowledge of at least one programming language (e.g. python/VBA).
- Mathematical training and developed analytical skills.
- Effective communication skills and strong analytical skills, with good attention to detail.
- Collaborative mindset, strong interpersonal skills and a demonstrated commitment to acting with integrity.
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. 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: 150 Cheapside, London, UK
Employment Type: Regular
Weekly Hours: 35
Skills: Analytical Skills, Analytical Thinking, Business Direction, Client Service, Communication, Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Interpersonal Communication, Market Analysis, Market Trading, Microsoft Access VBA, Microsoft Excel, Price Management, Programming Languages, Python (Programming Language), Risk Management.
Analyst, Equity Derivatives employer: Canadian Imperial Bank of Commerce
Contact Detail:
Canadian Imperial Bank of Commerce Recruiting Team
Mailbox.careers-carrieres@cibc.com
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst, Equity Derivatives
✨Tip Number 1
Familiarise yourself with Delta-1 products and their pricing mechanisms. Understanding the intricacies of these financial instruments will not only boost your confidence during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your Excel skills, especially in areas like data analysis and modelling. Being proficient in Excel is crucial for this role, so consider taking online courses or tutorials to enhance your capabilities.
✨Tip Number 3
Network with professionals in the equity derivatives space. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at CIBC.
✨Tip Number 4
Prepare to discuss your analytical skills and past experiences in detail. Think of specific examples where you've successfully managed risk or contributed to a team project, as these will be key talking points during your interview.
We think you need these skills to ace Analyst, Equity Derivatives
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Analyst position in Equity Derivatives. Familiarise yourself with Delta-1 products and the skills required, such as proficiency in Excel and programming languages like Python or VBA.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your analytical skills, communication abilities, and any experience in risk management or trading environments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific reasons why you want to work at CIBC and how your background makes you a great fit for their team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented clearly.
How to prepare for a job interview at Canadian Imperial Bank of Commerce
✨Showcase Your Analytical Skills
As an Analyst in Equity Derivatives, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to solve problems or make decisions in previous roles. Highlight any relevant projects or coursework that demonstrate your quantitative abilities.
✨Demonstrate Technical Proficiency
Since the role requires proficiency in Excel and knowledge of programming languages like Python or VBA, be ready to discuss your experience with these tools. You might even want to prepare a small example or two that showcases your technical skills, especially in relation to pricing and risk management.
✨Emphasise Communication Skills
Effective communication is key in this role, especially when liaising with the Middle Office. Prepare to discuss how you've successfully communicated complex information to non-technical stakeholders in the past. This will show that you can bridge the gap between technical analysis and client service.
✨Exhibit a Collaborative Mindset
CIBC values teamwork and collaboration. Be ready to share experiences where you've worked effectively within a team, particularly in high-pressure situations. Highlight your interpersonal skills and how they contribute to a positive team dynamic, as this will resonate well with their company culture.