Director, ALM Treasury

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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.

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The Director, ALM Treasury is a seasoned professional responsible for conducting analysis to develop advanced models to accurately predict how customer behavior affects product cash flows including the impact of embedded options. The role applies leadership skills and technical expertise to direct the research of considerably complex business information, incorporating programming and analytical methodologies associated with data analytics. The Director, ALM Treasury provides leadership to a team in establishing operational objectives and work plans, applying sophisticated mathematical modeling, processes and algorithms to conduct analysis and risk factor simulation. The role exercises a high degree of independent judgement to support the development of incorporating consumer behavior analytics into pricing and risk across all Treasury systems. The role drives innovation across areas of responsibility, applying expert interpersonal, communication, and problem-solving skills.

Position Responsibilities

• The Director, ALM Treasury will assist in leading the completion the structural interest rate risk (SIRR) simulation modeling for the Bank's balance sheet to determine the effects of various interest rate scenarios on net interest income and net present value and their corresponding sensitivities;
• Provide leadership in conducting additional SIRR analysis, sensitivity testing and backtesting processes, developing reporting materials for senior management,  US Asset Liability Committee (ALCO), US Asset Liability Management Committee (ALMC), US Risk Committee and Board of Directors;
• Prepare monthly and quarterly reporting materials to support management reporting, external regulatory filings and regulatory, compliance and risk management requirements;
• Assist in developing ALM modeling assumptions and quantitative analysis;
• Assist in supporting liquidity, deposit and funding analysis;
• Assist in monitoring regulatory requirements related to structural interest rate risk management and liquidity;

Qualifications

• College degree BS/BA with concentration in business, finance, accounting or equivalent training/experience;
• Masters degree in Business, Finance or Financial Mathematics;
• Strong quantitative background and/or experience;
• Experience with interest rate risk management and modeling structural interest rate risk in QRM is preferred;
• Familiarity with financial analysis and modeling;
• Detail oriented, self-motivated, works independently and possesses a sense of urgency;
• Strong written and oral communication skills;
• Proficiency in all MS Office applications, particularly Excel and Powerpoint;
• Familiarity with various programming languages and applications, visual basic, MS Excel macros and Bloomberg

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $175,000.00 - $205,000.00 for the 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 may also 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.

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*, defined benefit pension plan*, an employee share purchase plan, 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. 

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At CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential.  

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.

Expected End Date

2025-03-31

Job Location

IL-Illinois - Virtual

Employment Type

Regular

Weekly Hours

40

Skills

People Management, Quantitative Analysis, Risk Management, Statistical Models Apply