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

JOB PURPOSE 

Reporting to the Executive Director, Head of Trading Documentation Europe and supporting the Managing Counsel & General Manager, Derivatives and Trading Documentation, the successful candidate will be responsible for:

Negotiation and execution of master agreements and other trading products to reflect CIBC's documentation standards, policies and procedures, as well as other documentation and advice in respect of the derivatives regulation on behalf of CIBC and its affiliates.Navigation of various online platforms to negotiate client facing contracts, and to also access, amend and maintain information in accordance with CIBC’s trading and collateral management guidelines and procedures.Regulatory compliance documentation, including EMIR / UK EMIR.Review of regulatory initial margin documentation.Management of  multiple relationships, including trading room personnel, relationship managers and risk officers up to and including executive level.Fostering positive working relationships with professionals in corporates and banks.

KEY ACCOUNTABILITIES

The successful candidate will be responsible for negotiating master agreements, including ISDA Master Agreements, give-up agreements, cleared derivatives execution documentation, as well as repurchase agreements, stocklending agreements, collateral arrangements and regulatory amendments with corporates and banks to support CIBC’s capital markets trading activities.Project finance hedging transactions are an integral part of the department’s work and either experience in or an aptitude to learn this area is essential. Guidance and training in project finance hedging will be provided.Responsibilities also include the communication and implementation of CIBC’s documentation policies and procedures with respect to trading products in accordance with the standards set by CIBC and various regulatory and industry bodies to assist in the development of solutions to manage regulatory change. It is essential to ensure the most appropriate documentation is utilized to mitigate credit and legal trading risk.

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES

The successful candidate will be a graduate and qualified lawyer with three or more years’ relevant post-qualification experience from a financial institution or law firm.Familiarity with trading documentation (ISDA Master Agreements, CSA, GMRA and/or GMSLA).Knowledge of credit risk policies and procedures.Familiarity with trading environment and banking organizational structure.Excellent oral and written communication skills to deal effectively with all levels of the organization.Proven negotiation skills. Ability to build effective working relationships with clients and colleagues at all levels.Effective organizational and time management skills to deal with multiple requirements and time constraints.Adaptability and flexibility to deal with a rapidly changing environment.

AUTHORITIES/DECISION RIGHTS 

Ensure documentation standards for credit risk of trading products conform to regulatory, legal and industry requirements.Be fully engaged in the drafting and negotiation of master agreements with a predominant focus on CIBC’s financial institution and corporate client base.Commitment to performing this role in a collaborative and transparent manner.Play an active role in the implementation of standards and policies for trading contracts in respect of business units and products globally.

JOB DIMENSIONS

Managing the objectives and priorities of different parties to negotiations (e.g. business management, traders, operations, collateral management and tax)Providing legal advice to traders, sales, operations, credit, risk and business management.Managing a large volume of trading documentation files.Handling the documentation of a range of derivatives and other product types and transactions.

KNOWLEDGE AND SKILLS

The successful candidate must be a problem-solver, self-motivated, results-oriented, efficient and have efficient working practices.A high individual performance level and the ability to work well in a team environment to achieve common objectives are essential.

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.comYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit

Job Location

150 Cheapside, London, UK

Employment Type

Regular

Weekly Hours

35

Skills

Adaptability, Adaptability, Client Base, Client Facing, Collateral Management, Communication, Compliance Requirements, Contracts, Credit Risks, Derivatives, Documentation Compliance, Documentations, Documentation Standards, Employee Relationships, Flexibility, Interpersonal Communication, ISDA, Legal Consulting, Legal Practices, Master Service Agreements (MSA), Negotiation, Organizational Structures, People Management, Prioritization, Regulatory Compliance {+ 8 more}