Trade Finance Associate - CIBC, Toronto

Role overview

The Capital Markets arm of CIBC provides corporate, government, and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America and key financial centers around the world. The Associate, Trade Finance is responsible for supporting the development and growth of the Capital Markets Trade Finance business, primarily focusing on transaction execution and portfolio management for the Traditional Trade desk.

To successfully perform the work for clients, you will be on-site full-time at the Toronto office.

Key duties

The position involves multiple responsibilities across transaction execution, sales support, and product development:

• Provide support and back-up to Executive Director, Traditional Trade in execution of Traditional Trade transactions.
• Assist in coordinating Letters of Credit, Guarantees, and other types of Traditional Trade transactions between clients, correspondent banks, Relationship Managers, TF Operations, and other teams.
• Prepare transaction pricing models, generate reports, and maintain transactions tracking records.
• Provide assistance and back-up as first point of contact for daily client queries.
• On a limited basis, provide support to Sales and Marketing in the development of client-facing sales materials and in updating websites and other Marketing initiatives.
• Support product development and process improvements, leveraging technology to support simplification and scaling of the business.
• Support efforts to work closely with the Operations team to process engineer transaction execution and on-boarding processes.
• Assist with the development of technology solutions.

What you'll bring

CIBC looks for goal-oriented, communicative professionals who want to make a difference for clients and support collective success:

• At least 1 year of trade finance experience and familiarity with different trade finance products and custom solutions in high growth markets.
• Advanced knowledge of multiple software applications, including Microsoft Excel, Word, Access, and PowerPoint.
• Ability to assess competing priorities, solve problems thoughtfully, and support informed decision-making in a fast-paced environment while working well under pressure.
• Excellent written and verbal communication skills, with the ability to build and maintain relationships with internal and external partners.
• Comfort presenting information clearly and professionally.
• Enjoy investigating complex problems, making sense of information, and communicating detailed data in a meaningful way.

About the employer

At CIBC, your goals are a priority, striving to create opportunities to tap into your potential and give you a career rather than just a paycheck. The bank recognizes employees through a competitive salary, incentive pay, banking benefits, a benefits program, a defined benefit pension plan, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers.

CIBC also cultivates a culture where you can express your ambition through initiatives like Purpose Day, a paid day off dedicated to investing in your growth and development.