Executive Director I, Global Markets

About the role

Join CIBC’s Capital Markets team as an Executive Director, Cash Equities, where you’ll play a key role in expanding our Institutional Equities presence in the US market. As part of a dynamic and growing team, you’ll cover US cash accounts trading Canadian equities, prospect for and open new US accounts, and help shape the identity of CIBC in the US market for northbound flow. You’ll be responsible for cross-selling CIBC products, acting as a business analyst to support the development and enhancement of our trading products, and leveraging AI tools to drive performance. The role is on-site full-time.

Responsibilities

• Client Coverage & Relationship Management – Cover US cash accounts trading Canadian equities, build and maintain strong relationships with institutional clients, and prospect for new US accounts.
• Business Development – Identify and open new US accounts, cross-sell CIBC products, and find innovative ways to institutionalize CIBC within client segments.
• Strategic Contribution – Help create an identity for CIBC in the US market for northbound flow and contribute to the strategic direction of the Equity desk, especially in an AI-enhanced environment.
• Trading Execution & Risk Management – Trade different styles such as risk-arbitrage and special situations, traditional cash/block trading, and generate trading ideas based on research, sales input, and desk insights.
• Product Development & Integration – Act as a business analyst for technology, supporting the development and enhancement of trading products, and collaborate closely with the Program Trading Team.
• Innovation & Analytics – Leverage generative AI, Bloomberg, EMS & OMS platforms, and analytical tools such as Excel, Python, and Tableau to drive insights and performance.

Requirements

• At least 8 years of experience in institutional equities, with a proven track record covering US accounts trading Canadian equities.
• Strong, established relationships with US institutional clients and a demonstrated ability to build trust and credibility.
• Experience contributing to the broader direction of an Equity desk and positioning a firm for growth in the US market.
• Hands-on experience with generative AI, Bloomberg, EMS & OMS platforms; proficiency in Excel; experience with Python and Tableau is an asset.
• Ability to thrive in a collaborative team environment, integrate seamlessly with program trading teams, and adapt to evolving business needs.
• Bachelor’s degree in STEM, Business, Economics, or Philosophy; an MBA, MSc, or CFA designation is considered an asset.
• Alignment with CIBC’s values: trust, teamwork, and accountability.

Benefits

• Competitive total rewards package, including an expected salary of $275,000 for the New York, NY market based on experience, qualifications, and location.
• Eligibility to participate in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component.
• Comprehensive benefits: 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: a social, points-based recognition program.
• Banking benefits and wellbeing support.
• Purpose Day: a paid day off dedicated to personal growth and development.

Schedule

Full-time, 40 hours per week, on-site at NY-New York, 300 Madison Ave Fl 5.