Director, Securities Lending
Canadian Imperial Bank of Commerce, New York, NY, United States
* Partner and coordinate with Securities Lending/Equity Finance teams in London, Toronto, and New York to identify and execute profitable financing trading opportunities across US, Canadian, European, and Emerging markets, while continuously managing risk.* Drive momentum for US expansion in Securities Lending/Equity Finance, Delta 1, Repo, Prime Brokerage, CFG, and Equity Derivatives by leveraging existing trading relationships and developing new counterparty relationships with hedge funds, agent lenders, pension funds, asset managers, and other sources of supply and funding.* Possess strong understanding of Securities Lending and Equity Finance, with comprehensive knowledge of activities across equities and fixed income; encouraged to think strategically and help structure creative solutions for client short coverage and financing needs.* Manage the daily Securities Lending Book, borrowing and lending global equities for a full suite of clients—including retail, institutional, pension funds, Delta One, and Prime Brokerage—ensuring the book is balanced, optimized, and aligned with market rates.* Collaborate with Prime Services partners to ensure seamless client experience, generate trade ideas, provide market commentary, and support sales and client interactions.* Support global Prime Brokerage expansion by marketing CIBC products and services to internal and external clients, including regular client meetings and participation in industry events and panels.* Work with Operations, Technology, Compliance, Tax, Legal, Credit, and Risk teams to control, report, monitor, and manage business risk daily.* Contribute to continuous improvement of trading systems and operational infrastructure to deliver front-to-back enhancements and grow the client franchise.* Lead front office liaison with the technology team during the migration from Global One to SFTC as the front office trading platform.* You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it is the right thing to do.* You are goal oriented. You are motivated by accomplishing your goals and delivering your best to be effective.* You are enthusiastic about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.* You love to learn. You are enthusiastic about growing your knowledge. You have a keen sense of curiosity.* Values matter to you. You bring your real self to work, and you live our values – trust, teamwork, and accountability.* Comprehensive knowledge of financial markets, specifically Securities Lending and Equity Finance and how and why they function, understand the full potential product suite offering and how all can be impacted by market conditions and the opportunities that can arise.* 10+ years of relevant financial industry experience in a similar position (Securities Lending, Equity Finance, Repo, Prime Brokerage)* US and Canadian Securities registrations where required or commitment to attain within 3 months of start date* Ability to deliver top tier client service to a wide suite of clients including Prime Brokerage, Banks, Brokers, and Retail network.* Strong understanding of liquidity ratios and balance sheet optimisation alongside trading structure solutions.* Experienced in collateral optimisation across counterparties and triparty agent to manage different capital & liquidity constraints (LCR, NSFR, RWA etc).* Experience with Loanet, Global One, Equilend,
and other external vendors.* Excellent writing and verbal communication skills, able to present complex material in a simple manner.* Ability to work as part of a team with other traders and salespeople.* Strong analytical and problem-solving skills* Ability to work well in a fast-paced environment with changing priorities* Negotiating and influencing skills to shape decision-making processes at senior levels and resolve situations where compromise solutions are often negotiated.* Creativity skills sufficient to resolve complex problems and/or identify innovative alternatives or opportunities.* Comprehensive understanding of elements of profitability, risk and cost control.* Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC .* Strategic thinking capability with ability to identify and exploit trends and opportunities* We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program\*, 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.At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us. #J-18808-Ljbffr
and other external vendors.* Excellent writing and verbal communication skills, able to present complex material in a simple manner.* Ability to work as part of a team with other traders and salespeople.* Strong analytical and problem-solving skills* Ability to work well in a fast-paced environment with changing priorities* Negotiating and influencing skills to shape decision-making processes at senior levels and resolve situations where compromise solutions are often negotiated.* Creativity skills sufficient to resolve complex problems and/or identify innovative alternatives or opportunities.* Comprehensive understanding of elements of profitability, risk and cost control.* Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC .* Strategic thinking capability with ability to identify and exploit trends and opportunities* We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program\*, 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.At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us. #J-18808-Ljbffr