Cibc
Finance
Sr.FinancialAnalyst,ProductControl
Neural analysis suggests this role is
optimal for Senior candidates.
“Sr. Financial Analyst, Product Control at Cibc. Skills: Product Control, P&L reconciliation, Independent Price Verification (IPV), Valuation Adjustment (VA), Equity Derivatives, Equity Markets. integrity and timeliness of gross revenue for management records. Daily Financial Estimates (DFE) on Profit and Loss (P&L) reconciliation and decomposition to trader’s Same Day Estimates (SDE)”
What You'll Achieve.
integrity and timeliness of gross revenue for management records; Daily Financial Estimates (DFE) on Profit and Loss (P&L) reconciliation and decomposition to trader’s Same Day Estimates (SDE); Independent Price Verification (IPV) and Valuation Adjustment (VA) on independent valuation on derivatives instruments; ensure resolution of all related issues
Industry & Context.
analytical thinking; critical thinking; sound judgement; investigating complex problems; making sense of information
legally eligible to work at the location(s) specified, valid work or study permit, attribute-based assessment, skills test (such as simulation, coding, French proficiency), use of artificial intelligence tools during the recruitment process
What They're Looking For.
Must Have
Product Control work experience, current accreditation and good standing in a CFA program (Level 2) or equivalent
Nice to Have
MBA, FRM, MFin
What You'll Do.
integrity and timeliness of gross revenue for management records
Daily Financial Estimates (DFE) on Profit and Loss (P&L) reconciliation and decomposition to trader’s Same Day Estimates (SDE)
Independent Price Verification (IPV) and Valuation Adjustment (VA) on independent valuation on derivatives instruments
decomposition of P&L by risk factors
Review and consolidate daily commentary and analyses for stakeholders
Oversee the independent price validation
accountable for the Daily Financial Estimate and Independent Price Verification for a Capital Markets Trading Line of Business
ensure that the control framework is operating efficiently
How You'll Work.
Team & Collaboration
liaise daily with Finance, Front Office and other Capital Markets stakeholder groups; provide supporting activities to Front Office, Risk Management and Finance; act as the main point of contact for peer and stakeholders in Capital Markets CFO Group, Front Office, Global Operations, Finance, Risk Management, etc.
Communication Scope
communicate detailed information in an impactful way
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. To learn more about CIBC, please visit [CIBC.com](https://www.cibc.com/en/about-cibc.html) **What You 'll Be Doing** The Product Control Team is accountable for the integrity and timeliness of gross revenue for management records and reporting; namely Daily Financial Estimates (DFE) on Profit and Loss (P&L) reconciliation and decomposition to trader’s Same Day Estimates (SDE) for the Equity Derivatives and Equity Markets Lines of Businesses, as well as Independent Price Verification (IPV) and Valuation Adjustment (VA) on independent valuation on derivatives instruments. You will embody the One Finance Vision and Guiding Principles. _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** * **Relationship management** – possess good teamwork, partnership and relationship building skills sufficient to act in a collaborative manner given team members and stakeholders different backgrounds and experiences. You will liaise daily with Finance, Front Office and other Capital Markets stakeholder groups. * **Corroboration** – provide supporting activities to Front Office, Risk Management and Finance, which includes decomposition of P&L by risk factors to ensure business partners, understand the underlying drivers of P&L. Review and consolidate daily commentary and analyses for stakeholders, Oversee the independent price validation. * **Business focus** – be accountable for the Daily
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