Director, Treasury Analytics

Job title: Director, Treasury Analytics

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.

To learn more about CIBC, please visit

Job Description

What You’ll be Doing

This is a unique opportunity that involves leadership and development of the Treasury Analytics functions and expansion of mandates. As the Director, Treasury Analytics will drive insights, identify inherent risk drivers of consumer products, and relate relate modeling risk specifications back to the business. You will dive into the underlying mechanics of the specific problems and translate complex concepts into program enhancements and specifications to Technology for development. Communicate complex problems and solutions to senior management and LOB.

Additionally, you will support the Senior Director, Treasury Analytics to conduct analysis to maintain analytics infrastructure developed in Treasury Analytics used to conduct analysis of how consumer behavior affects retail product cash-flows and the use of embedded options. You will assist in developing business requirements and conduct QA testing of Treasury systems and assist in applying advanced statistical models and financial engineering techniques to quantify and ensure minimal consumer behaviour risk. You will also assist in implementing and applying advanced analytics for optimization, reporting, P/L decomp and back-testing, and risk factor simulation to interpret and explain any resulting output.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

Systems and Support (Infrastructure) – Lead development and implementation of various strategic business initiatives. This includes liaise with various groups within CIBC to explain methodologies, and procedures developed within Treasury Analytics to assess analytic/data requirements for future business activities, and resolve any issues which arise. Lead the maintenance of pricing, risk and mathematical analytics library supporting integration across all Treasury systems that are used for Bank-wide benchmarking to validate pricing or risk. This will ensure consistency of risk measures across different risk platforms/measures and mitigate model risk.

Support the management and enhancement of Cash-Flow Modeling Books – Liaise with Treasury CFO group to interpret and explain cash-flow modeling P/L variability. Enhance PnL decomposition and signing off on daily cash-flow modeling P/L.

Financial/Derivative Analytics – Ensure pricing and risk analytics capture all hedgeable risks as is practical. This will include work to prototype pricing and hedge of fixed income derivatives. Maintain and develop analytics/methodologies for transfer pricing new retail products, assess new and existing retail product profitability, and cash-flow modeling book.

Consumer Behavior Analytics – Apply customer behaviour calibration techniques for Treasury Analytics parameter review. Incorporate consumer behavior models into the funds transfer pricing and hedging processes. Collaborate in the development, continuous improvement and ongoing expansion of an analytics library with appropriate tools, models and techniques for modeling of customer behaviour and interest rate risks.

Quantitative Analysis – Lead the implementation of sophisticated mathematical modeling, processes or algorithms to conduct analysis. Ensure operational effectiveness to deliver analytics capabilities, ensuring that outputs are correct and reproducible, and proper documentation to explain methods.

Who You Are

You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.

You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You have the ability to express modeling insights with an aptitude for explaining PnL and risk drivers. Creative problem solver and strong analytical skills.

You’re motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.

You can demonstrate experience. In ALM, Product Analytics, Risk Management. Experience in quantitative analytics within banking and/or other financial institutions in areas of valuation, hedging and risk measurement is an asset. Strong system and quantitative programming skills using C/C++/Python/R/SQL or high level languages. Experience working with banking retail products such as commitments, mortgages or GICs is an asset.

You can demonstrate knowledge. In financial economics, financial mathematics such as fixed income theory, statistics, treasury processes, risk management and balance sheet modeling techniques. You have knowledge of advanced GLM (including Cox regression), panel time series, and model selection.

You have a degree/diploma. Masters and/or Doctoral degree in mathematics, computer science, quantitative finance, engineering, statistics or related technical field with work experience in applied mathematical, statistical, and/or stochastic modeling.

Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

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

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 161 Bay Street, 39th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

Asset and Liability Management (ALM), Communication, Critical Thinking, Fixed Income Valuation, Hedging, Product Analytics, Python, Quantitative Analytics, Risk Management, Structured Query Language (SQL), Treasury Management

Company: CIBC

Expected salary:

Location: Toronto, ON

Job date: Sun, 13 Nov 2022 07:58:26 GMT

Job Source: Careerjet.ca

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