Analyst/Associate, Commodities Trading

About the Role

As a member of the Commodities Trading team, you will work in a fast-paced environment, contributing to the trading desk’s operations and assisting in trading and managing risk positions.

Responsibilities

• Learn about the trading of commodities and support the trading staff across all commodity products, including energy, metals, agriculture, and index products.
• Support desk operations, including end-of-day, end-of-month, and end-of-year processes, and help automate these processes using Python and VBA.
• Contribute to the growth of the business by assisting in the onboarding of new products through established risk assessment and onboarding processes.
• Gain a deep understanding of the commodities markets and develop subject matter expertise in trading to support staff and client transactions.
• Develop trading analytics and strategies, leveraging programming and statistical analysis.
• Engage with clients to understand their priorities, provide solutions, and offer forward-looking financial plans.
• Participate in marketing and outreach activities to grow your network and deepen relationships.

How You’ll Succeed

• Risk Management: Support the trading desk in risk management of commodities positions. Grow into a role where you will be relied upon to quote and trade commodities risk from clients.
• Collaboration: Work with stakeholders in middle and back office to ensure best practices.
• Technical Skills: Utilize various programming languages to develop trading strategies, automate processes, and perform analysis. A high level of proficiency in Python is preferred.
• Communication: Clearly communicate trade ideas and hedging solutions to the sales desk to support the client franchise.
• Client Engagement: Meet with clients, understand their needs, and provide tailored solutions.
• Relationship Building: Engage in outreach activities, deepen relationships, and connect clients with the right opportunities.
• Leveraging Technology: Become a technology expert and help clients utilize our digital tools.

Qualifications

• Undergraduate degree in a quantitative discipline and 0-2 years of experience.
• Comfortable with numbers and strong analytical skills.
• Strong understanding of one or more programming languages, with a high level of proficiency in Python preferred.
• Attention to detail and critical thinking skills to inform decision making.
• Passion for learning and growing your knowledge with a strong sense of curiosity.
• Goal-oriented with motivation to accomplish goals and deliver your best to make a difference.
• Ability to build relationships through respect and authenticity.
• Alignment with CIBC’s values: trust, teamwork, and accountability.

Benefits

• Competitive total rewards package.
• Expected salary range of $115,000 - $150,000 for the New York, NY market based on experience, qualifications, and location.
• Eligibility to participate in the relevant business unit’s incentive compensation plan, including a discretionary bonus component.
• Medical, Dental, Vision, Health Savings Account.
• Life Insurance, Disability, and Other Insurance Plans.
• Paid Time Off (including Sick Leave, Parental Leave, and Vacation).
• Holidays and 401(k).
• Special perks reserved for team members.
• MomentMakers: social, points-based recognition program.
• Wellbeing support.
• Purpose Day: a paid day off dedicated to investing in your growth and development.