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Full-time
bachelor degree, postgraduate degree
Medical Insurance, Dental Insurance, Vision Insurance, Health Savings Account, Life Insurance, Disability Insurance
Posted 19d ago
Apply by Aug 19
~40 hrs/week
Responsibilities
The Director will focus on selling fixed-strike and light-exotic equity derivatives to insurance clients. They will execute strategic business plans for distribution across U.S. investor clients and partner with internal trading and risk teams.
Requirements
Candidates must possess deep knowledge of equity derivatives markets and bring an existing book of client relationships. A university business degree or equivalent experience is required, along with strong strategic thinking and negotiation skills.
Full job description
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.
The Director, Equity Derivatives Sales, will focus on insurance clients for fixed-strike and light-exotic options. This candidate should have existing client relationships that they can bring to our platform. This candidate would require a deep understanding of the equity and equity derivatives markets, trading experience, and client relationships. Lastly, the candidate will help us evolve our commercial strategy and therefore needs to be a strategic thinker capable of adapting to changes in the product and client landscapes.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How You’ll Succeed
Execute strategic business and financial plans for distribution of Equity Derivatives Sales products across U.S. investor clients.
Partner with trading, risk, origination, and other teams across the firm to enhance CIBC’s functional capabilities.
Keep up to date with market trends.
Who You Are
Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability.
Comprehensive knowledge of financial markets, specifically, Equity Derivatives functions and products.
Detailed working knowledge of the industry and market to assess impact of market conditions.
Excellent interpersonal and relationship building skills in order to develop and leverage relationships with clients, internal and/or external business partners.
Significant presentation/interactive skills sufficient to clearly articulate complex conceptual information/ideas on issues involving extensive interpretation and opinion.
Negotiating and influencing skills to shape decision-making processes at senior levels and resolve situations where compromise solutions are often negotiated.
Creativity skills sufficient to resolve complex problems and/or identify innovative alternatives or opportunities.
Comprehensive understanding of elements of profitability, risk, and cost control.
Knowledge of business/finance typically acquired through university business degree or equivalent combination of education and industry experience and relevant post-graduate education as specified by US-FIC.
Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC World Markets.
Attention to detail, strategic thinking capability with ability to identify and exploit trends and opportunities.
You embrace and champion change. You will continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
At CIBC, we offer a competitive total rewards package. This role has an expected salary of $225,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including 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), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
Subject to plan and program terms and conditions
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.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
CIBC is here to help all our clients reach their goals.
We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want.
With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals.
This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada.
La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs.
Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez.
Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs.
Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada.
Offices: CIBC Square, 81 & 141 Bay, Toronto, Ontario, CA
Retail BankingBusiness BankingWealth Managementand Wholesale BankingFinanceBankingBusiness DevelopmentCredit CardsFinancial ServicesVenture Capital
Based on 6696 listings with disclosed salaries, most sales jobs in New York pay between $65k–$195k per year. Individual offers vary with seniority, company size, and specialization.
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Are there remote or hybrid Sales jobs in New York?
Yes — 3990 of the 15131 open sales positions offer remote or hybrid work (1235 remote, 2755 hybrid).
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