At a Glance
- Tasks: Support and manage credit relationships for large European fund managers and banks.
- Company: Join CIBC, a relationship-oriented bank that values your strengths and ambitions.
- Benefits: Inclusive culture, competitive salary, and opportunities for professional growth.
- Other info: Collaborative team environment with a focus on innovation and client service.
- Why this job: Make a meaningful impact in the dynamic world of corporate banking.
- Qualifications: 2+ years in credit risk analysis and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ 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
Support and manage credit relationships for a portfolio focused initially towards large European fund managers and a number of European banks. In time, it would be expected that the candidate will adopt responsibility for other NBFI industries as well as banks in other jurisdictions. Work with trading floor businesses to structure credit facilities to mitigate credit risks inherent in derivatives and other trading floor business products.
Main Objectives
- Responsible for conducting in-depth counterparty, industry and portfolio analysis supporting the credit relationships for a portfolio initially focused towards large European fund managers and a number of European banks.
- Monitor the credit quality and global credit exposure of the portfolio by remaining current with counterparty’s financial condition, industry and economic trends.
- Build and maintain relationships with CIBC marketers/traders, and respond quickly to requests for credit facilities from the trading floor.
- Provide expertise in the area of credit risk associated with trading floor business products.
- Assist in the on-going monitoring of the terms and conditions of approved credit arrangements and appropriately identifying any relevant changes in the financial condition/business of a client.
- Participate in due diligence and provide support with regard to activities of many parties, including Legal, Documentation, trading room marketers and Risk Management.
- Provide sound, timely, and well-communicated recommendations for credit facilities supported by a thorough analysis and well-executed interpretation of relevant financial, industry, business, and market information.
- Ensure that the portfolio meets with appropriate risk management guidelines and remains current with the changing methodologies.
Skills / Knowledge Required
- Must develop and maintain a high level of knowledge of derivative and other trading floor business products, and partner with trading floor personnel to deliver timely results for clients.
- Must be able to assess factors which affect the risk profile of a customer quickly in order to make timely decisions and take appropriate action as necessary.
- Work within a challenging environment where time pressures demand a rapid response to requests from the trading floor.
- Focused attention to detail when reviewing financial information and preparing credit applications.
- Work in a team environment where sharing of skills and knowledge is critical.
- Minimum 2 years experience in credit risk analysis and related techniques in relation to fund manager/fund clients and/or bank counterparties.
- Sound knowledge of derivatives documentation, notably ISDA/CSA.
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, 1st Flr, London
Employment Type: Regular
Weekly Hours: 35
Skills: Analytical Thinking, Business Development, Client Service, Corporate Banking, Credit Applications, Credit Risk Analysis, Credit Risks, Derivatives Documentation, Due Diligence, Financial Derivatives, Financial Markets Analysis, Financial Modeling, Industry Research, ISDA, Portfolio Analysis, Risk Management, Risk Profile, Strategic Objectives, Wealth Management
Analyst, Trading Credit, Corporate Banking employer: CIBC Bank
CIBC is an exceptional employer that prioritises your growth and ambitions, offering a supportive work culture where your contributions are valued. As an Investment Advisor in London, you'll benefit from competitive compensation, comprehensive benefits, and unique opportunities for professional development, including Purpose Day—a paid day off dedicated to your personal growth. Join us to make a meaningful impact while enjoying a collaborative environment that fosters innovation and client-centric solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Analyst, Trading Credit, Corporate Banking
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like CIBC Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Analyst, Trading Credit, Corporate Banking
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to CIBC Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on CIBC Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at CIBC Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with CIBC Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at CIBC Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former CIBC Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
