At a Glance
- Tasks: Maximise profitability in G10 FX and FI trading while managing risk and client relationships.
- Company: CIBC Capital Markets, a leader in global financial services.
- Benefits: Inclusive work environment, competitive salary, and opportunities for professional growth.
- Other info: Collaborate with global teams across London, Hong Kong, New York, and Toronto.
- Why this job: Join a dynamic team and make an impact in the fast-paced world of global markets.
- Qualifications: 10+ years of trading experience with strong market knowledge and risk management skills.
The predicted salary is between 80000 - 100000 £ per year.
Business Unit Description
CIBC Capital Markets and the Global Markets division are committed to excellence in meeting the demands of our clients and to creating exceptional value in support of their business goals. That commitment is evidenced by the manner in which we execute our trading and distribution strategies and by our delivery of asset-related products. Global Markets provides a broad range of products and services including Global Markets origination and syndication, Foreign Exchange/FXO, Cash trading (including electronic and program trading capabilities), Options, Derivatives, as well as Commodity Structured Products. Our relationship management teams ensure that our clients have access to all of our product lines across the globe. This synergistic approach to coverage among our major accounts has had a dramatic, positive impact on the dynamics within the Global Markets business. It is this highly efficient business platform, coupled with our superior research capabilities, that has brought us to the forefront of our industry.
Purpose of Job
Leveraging market and product knowledge as well as client needs within the G10 macro space in order to maximize profitability within defined risk parameters. Further, acting as a centre of competence for external and internal stakeholders for G10 related products and markets.
Main Objectives
- Maintain a relevant market position pricing and risk managing the full spectrum of G10 products to accommodate clients' needs.
- Build and maintain a close relationship with the FX and FI sales desks.
- Understand and deal with client pricing requests in G10 products as and when required.
- Be part of the Global FX Trading teams and establish a close working relationship with relevant peers within the London, Hong Kong, New York and Toronto businesses.
- Keep up to date with market developments and communicate these insights in a timely fashion to bank peers and clients.
CROSS-FUNCTIONAL RELATIONSHIPS
This job works with in-house marketers and traders. This job works with risk functions (Credit and Market), compliance, documentation and legal. This job works with quants on the development of new products, and counterparts within the financial services sectors, industry/business leaders, syndication groups, financial intermediaries and market constituents.
Skills / Knowledge Required
- Exceptional market knowledge across G10 FX and FI.
- Solid understanding of risk management, liquidity provision, pricing, managing client flow and interacting with clients.
- Profitable track record.
Preferred Background
Established trader with a proven track record in excess of 10 years' experience trading FX and FI books, managing and taking risk, and revenue production.
Job Details
Job Location: 150 Cheapside, 1st Flr, London
Employment Type: Regular
Weekly Hours: 35
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.
Executive Director, G10 FX and FI Trading, Global Markets employer: Canadian Imperial Bank of Commerce
CIBC Capital Markets is an exceptional employer, offering a dynamic work environment in the heart of London that fosters collaboration and innovation. With a strong commitment to employee growth, we provide extensive training and development opportunities, ensuring our team members thrive in their careers while contributing to our clients' success. Our inclusive culture values diverse perspectives, making it a rewarding place for professionals seeking meaningful engagement in the fast-paced world of Global Markets.
Contact Details:
Canadian Imperial Bank of Commerce Recruitment Team
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