Senior Analyst - Analytics, Performance & Operations - Pension Investment Management

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

What You’ll Be Doing

As the Senior Analyst - Analytics, Performance & Operations, you will provide support to all areas of pension investment management and related functions. Your primary responsibilities include, but not limited to, daily investment administration and performing cash management activities, providing reports in a timely manner to support the department’s investment monitoring and oversight activities, as well as performing certain risk management functions relating to the Plan’s funded positions, balance sheet impact, hedging programs and liquidity capacity.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Compliance Monitoring - Monitor portfolio compliance against defined internal and external regulatory policies.
• Oversight Support of the Public Markets Portfolio - Support the Director, Public Markets by assisting with the manager monitoring processes, including manager reviews, oversight, evaluation, compliance monitoring and the collation ESG data from the investment managers.
• Operational Management - General operational management of the investment program including investment administration, cash management and ensuring control processes are upheld at all times .
• Governance Support – Support the periodical updating of investment policies, pension governance documents and the business unit’s process documentation.
• Liquidity Management - Maintain the liquidity and leverage reporting dashboard to ensure investments and strategies are maintained through market dislocation events.
• Perform Analytics and Modelling – Conduct in-depth analysis and modelling that supports top-down pension management recommendations, asset allocation decisions, portfolio construction optimization and development of bespoke asset class strategies. Maintain and enhance models of pension assets and liabilities.
• Reporting and Attribution Analysis – Support the quarterly investment reporting process including the production of investment returns, validating returns and related data (with the Pension Plan’s underlying investment managers and custodian), attribution analysis, identification of key performance drivers, portfolio positioning review, aggregation of risk positions across investments, and the generation of final reports. Run monthly pension reports including estimates of funded status, balance sheet impact, attribution of changes, and key risk sensitivities. Co-ordinate with other investment support and finance areas to ensure inputs for reporting are received and are accurate as required and to understand any issues on valuation, accounting etc. that impact reporting.

Who You Are

• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life. You will be comfortable collaborating with internal committees, pension actuarial and investment consultants and advisors, external subject matter experts and consultants, Treasury, Risk Management, Finance, Human Resources, Tax, Legal, Controllers, Audit, and counterparts at major financial institutions and pension plans.
• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference. You understand and appreciate that meeting stringent deadlines is of utmost importance in pension management.
• You can demonstrate experience. You have 5+ years of experience in a mid-size or large pension plan, an investment/actuarial consulting firm, or an investment management firm.
• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making. You are detailed oriented.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You have the ability to proactively and creatively solve problems to move initiatives forward backed by strong analytical thinking and experience.
• You can demonstrate knowledge. Broad knowledge of Defined Benefit pension plans and federal pension legislation. Good knowledge of and possess a keen interest in capital markets (especially equities, liquid alternatives and bonds).
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
• You have a degree/diploma. In Business, Finance, Actuarial Science and/or related disciplines. Having (or are working towards) a certification (CFA, FRM) or graduate degree (MBA), will be considered an asset.
• You can demonstrate strong computer skills. You have strong Excel capabilities and preferably VBA modelling skills. Possessing a sound working knowledge of Bloomberg. SharePoint and risk systems such as MSCI Barra will be considered an asset. As well, experience in creating high quality and sophisticated presentations on PowerPoint will be considered a valuable skill.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• 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 work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a health benefits program, defined benefit pension plan, an employee share purchase plan and MomentMakers, our social, points-based recognition program.
• 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.

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 [email protected]
• You 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

Toronto-161 Bay St 11th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Models