Senior Analyst, Treasury Analytics and Special Projects recruitment

APPLICATION INSTRUCTIONS:
1. Resumes must be submitted online only, through http://www.cibc.com/ca/inside-cibc/careers.html. Quoting job reference number J0312-0612.  All interested candidates must submit their profile by clicking on the "apply" button below; please do not email your application to the recruiter or hiring manager.
2. Posting Deadline is April 16, 2012.  Late submissions will not be accepted.
3. CIBC thanks all applicants for their interest, however, only those selected for an interview will be contacted.
4. Please note that if you are selected for an interview, due to volumes of applicants, you may not be contacted immediately.
5. Meeting the minimum requirements of the vacancy will not guarantee an interview.
6. If you are not selected for an interview, you will receive an e-mail advising you that the position has been filled.

JOB PURPOSE

Responsible, at a senior level, for ensuring accurate and comprehensive financial modeling and forecasting analysis is completed in a timely manner. The portfolio is complex requiring a high degree of judgment and effective interaction with senior management as part of on-going responsibilities. The incumbent is expected to take a leadership role in the financial analysis and reporting duties of the group.

The incumbent is responsible for assisting in detailed analysis, including financial modeling and forecasting, on various strategic and tactical initiatives in support of senior management and ALCO decision making. Provides analyses and communicates the impacts on the business of changes due to accounting policies and guidelines.

KEY ACCOUNTABILITIES

Required to provide specialized analysis and forecasting of a complex subject matter.

• Apply subject matter expertise, creativity, and lateral thinking to assist with analysis on strategic projects with total bank implications within tight time constraints.
• Conduct research and participate in the development of business cases for new initiatives, and ensure alignment with business, financial, and performance targets, as well as consideration for other internal groups’ views.
• Assist in the preparation of total bank sources and uses of funds analysis for balance sheet management and senior executive decision making.
• Research and keep abreast of new accounting guidelines and standards affecting Treasury and support the governance Finance groups in policy development and implementation. Conduct forecasts and sensitivity analyses for material changes in accounting policy.

CROSS-FUNCTIONAL RELATIONSHIPS

• Senior Managers/Managers/Analysts within Treasury, CIO and Wholesale Banking front-office, Treasury Middle Office, Governance Finance, Retail Markets LOB Finance, CAD, Business Management, and Risk Management to ensure that Treasury senior management and traders have accurate and complete management information with respect to risk positions, accounting / reporting requirements, daily / monthly / quarterly / year-to-date accrual and fair value PL.
• Work with Central Planning Finance to ensure that financial planning deadlines are met.
• Support Investor Relations as they prepare for the quarterly analyst call and address questions on a timely basis.

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES

• As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, guidelines and controls.
• As a manager of people, this job must ensure all employees within the business unit comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

AUTHORITIES/DECISION RIGHTS

• Identify and implement technology solutions that enhance the timely delivery of reports to management and reduce the risk of error or delays.
• Establish processes that meet the needs of the clients balancing various pressures from the lines of business through to the central reporting groups.

JOB DIMENSIONS

• Ensure collaboration with colleagues across all groups to ensure coordination of activities and initiatives across the Treasury team.
• Provide recommendations for managing expense levels within the business unit.

Requirements:
KNOWLEDGE AND SKILLS

• A professional accounting designation and/or a post graduate finance degree with strong overall knowledge of financial institutions.
• Advanced knowledge related to planning and financial modelling.
• Advanced communication skills to convey complex conceptual information.
• Well developed presentation skills to summarize detailed and complex financial information to varied audiences.
• Problem solving skills sufficient to creatively develop new approaches and solutions necessary to resolve complex business and financial problems.
• Thorough understanding of CIBC's financial and management accounting ledgers and the tools to access them (i.e., CFR, CMR / Essbase, DVP).

WORKING CONDITIONS

• This role operates within a normal office environment; however, there may be a need to work beyond normal working hours as required.