Associate - US Trade Control

What you'd do

• Execute and coordinate Primary Dealer Trade Support activities for US Fixed Income trading, ensuring work is completed accurately, on time, and in accordance with established controls.
• Perform pre-auction inventory reconciliation for US Treasuries and Agencies, validating firm positions, investigating discrepancies, and driving them to resolution.
• Own day-to-day US Treasury and Agency auction support, including order preparation, submission, and post-auction reconciliation.
• Update and maintain firm and client auction orders in the Federal Reserve’s TAAP system, ensuring accuracy, completeness, and timeliness.
• Develop and refine standardized auction order templates to streamline order entry and reduce operational risk for both firm and client submissions.
• Manage trade capture, allocation, and settlement processes, ensuring trades are properly booked and fed to downstream systems.
• Identify and resolve trade exceptions and reconciliation breaks between internal systems and external platforms, including Broadridge and Bloomberg TOMS.
• Serve as a day-to-day point of contact for front office, operations, technology, and external market utilities, resolving routine issues independently and escalating complex matters as appropriate.
• Drive process improvements and automation initiatives by identifying gaps, documenting requirements, and implementing enhancements that improve efficiency and reduce operational risk.
• Prepare and distribute operational and management reports related to trade support and auction activities.

What they want

• Experienced: 3–7 years of experience in Trade Support, Operations, Middle Office, or a related financial markets support function, including hands-on experience with Fixed Income products.
• Experience with US Treasuries, Agencies, Auction processes, TAAPS, Broadridge, Bloomberg TOMS, or E-Confirm is strongly preferred.
• Educated & Licensed: Bachelor’s degree required. FINRA Series 7 or 99 required or must be obtained after hire.
• Product Knowledgeable: Demonstrates solid working knowledge of Fixed Income products, US Treasuries, Agencies, Repo, and related auction processes, with the ability to apply that knowledge to day-to-day problem solving.
• Technically Skilled: Hands-on experience with trade capture, reconciliation, exception management, and order management systems; strong Excel skills, with reporting, process documentation, automation, or data analytics experience considered an asset.
• Strong Communicator: Excellent verbal and written communication skills; able to interact effectively with all levels of the organization and external stakeholders.
• Self-Directed & Collaborative: Manages daily responsibilities with limited supervision, takes ownership of deliverables, follows through reliably, and works effectively with colleagues across teams to achieve shared goals.
• Analytical & Detail-Oriented: Able to identify and resolve trade problems quickly and accurately, with a focus on continuous improvement.
• Client & Service Focused: Consistently acts with integrity, accountability, and a commitment to CIBC’s values—trust, teamwork, and service.
• 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.