CIBC Capital Markets (Europe) S.A.
Luxembourg, LUXEMBOURG
STRATEGIC BUSINESS UNIT DESCRIPTION
JOB PURPOSE
Trading and managing risk on European/Global EQD Equity FinanceDelta-1 products to our clients globally, and developing the business and product suite in line with CIBC's risk appetite.
KEY ACCOUNTABILITIES
Delta One Trading
Execute and manage trades in equity derivatives (swaps, futures) with a focus on market-making, hedging, and risk management.
Monitor and optimize trading positions to maximize profitability while maintaining compliance with internal risk parameters.
Analyze market trends, liquidity, and volatility to inform trading strategies.
Stock Loan
Oversee daily stock loan operations, including the borrowing and lending of securities.
Manage inventory and collateral, ensuring efficient utilization and risk mitigation.
Build and maintain relationships with counterparties, custodians, and internal stakeholders.
Fixed Income Repo
Execute repo transactions in government bonds.
Monitor funding and collateral requirements to ensure optimal balance sheet management.
Assess market conditions and funding rates to identify trading opportunities.
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
• As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
AUTHORITIES/DECISION RIGHTS
• As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.
JOB DIMENSIONS
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KNOWLEDGE AND SKILLS
Qualifications
Bachelor's degree in Finance, Economics, Mathematics, or related field; advanced degree or relevant certifications (e.g., CFA) preferred.
5+ years of experience in trading Delta One products or Stock Loan and Fixed Income Repo.
Strong understanding of financial markets, trading systems, and risk management principles.
Proficiency with trading platforms, analytical tools, and Excel/VBA; experience with Python or other programming languages.
Excellent communication, analytical, and problem-solving skills.
Ability to work effectively in a fast-paced, dynamic environment.
Key Competencies
Deep product knowledge across Delta One and experience of Stock Loan and Fixed Income Repo
Strong quantitative and analytical skills.
Attention to detail and high level of accuracy.
Ability to manage multiple priorities and deliver results under pressure.
Collaborative mindset with strong stakeholder management skills.
WORKING CONDITIONS
• This role operates within a normal office environment.
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