Associate, Funding and Liquidity Management, Australia

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 BUSINESS UNIT DESCRIPTION Treasury's mandate is to actively manage CIBC's Balance Sheet capital and funding resources as well as structural interest rate liquidity and FX risks in support of our bank's strategy. Treasury is an independent advisor to our operating businesses in the analytical pricing of products and strategies and has the accountability for establishing a value-added integrated fixed‑income investment management program optimized to support CIBC's Treasury management objectives. Treasury's active responsibilities include : Treasury is an independent advisor to our operating businesses in the analytical pricing of products and strategies and has the accountability for establishing a value-added integrated fixed‑income investment management program optimized to support CIBC's Treasury management objectives. JOB PURPOSE Ensure effective funding within the region. Deliver effective liquidity funding and cash management and prepare liquidity reporting as well as preparing management information packs. KEY ACCOUNTABILITIES The key accountabilities of the role include: REGULATORY COMPLIANCE Ensure compliance with local statutory liquidity regulations across the region (Australia and Asia Pacific) to maintain a comprehensive Treasury risk management framework including periodic reviews of various policies such as LCR maintenance and HQLA management (including effective operation of the ESA account). Regional liquidity and funding policies. Liquidity stress testing. Contingent funding and recovery planning. FUNDING AND LIQUIDITY MANAGEMENT Ensuring that the bank's cash / nostro accounts are effectively managed thus maximizing utilization of funds. Support the Head of Funding and Liquidity Australia to raise funding through wholesale markets while maintaining required regulatory liquidity levels. Execute Treasury products in a cost‑effective manner to ensure local requirements and risk parameters are fulfilled. NCD & Money market instruments FX Spot, FX Swaps and FX Arbitrage. Interest Rate and Cross‑Currency Swaps. Repo. HQLA Bond and Bill purchases. Continuous development of the investor base to diversify funding sources and enhance liquidity position for the Bank while avoiding concentration risk. Direct client interaction electronic and phone communication Client roadshows, conferences and presentations. Establish highly effective broker‑dealer relationships. Assist in analysing, setting up and executing funding strategy in conjunction with Treasury partners including Long‑Term Debt Issuance FRNs / Covered Bonds and other inter‑company loans. Managing the investments of the HQLA books (government bonds) whilst solving for maximizing returns whilst maintaining high levels of liquidity. OTHER Managing the interest rate and FX risk levels of Treasury. Managing local currency FTP rates and provide analysis and advice in relation to the usage of liquidity and associated transfer pricing implications for all aspects of the business. Maintain enhanced Treasury Management Information reports and presentations. CROSS-FUNCTIONAL RELATIONSHIPS The incumbent will have daily interaction with staff in Funding Liquidity Management (FLM) function, Risk management and frequent contact with senior staff in Middle Office Finance and Business Management. AUTHORITIES / COMPLIANCE REQUIREMENTS As an employee of CIBC the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls. Discharge all duties in accordance with the FAR Regime (Australia). KNOWLEDGE AND SKILLS Investment / commercial banking background with knowledge of cash and liquidity management position‑keeping and settlement procedures, minimum 2 years experience. Demonstrated local knowledge of Regulatory Rules and Regulations as well as relevant KYC / AML requirements related to Treasury. Strong Excel and PowerPoint skills (VBA skills preferred). Knowledge of investment products (e.g., bonds, equities, FX, money markets, interest‑rate swaps etc.). Ability to analyze transactions for the impact of cash flows and the General Ledger. Numerate accurate with the ability to work under pressure to tight deadlines. Self‑motivated with ability to take initiative and work efficiently with limited supervision. Willing and able to learn new skills. Advanced team consensus and relationship building skills. Conscientious with willingness to work additional hours where necessary. WORKING CONDITIONS This role operates within a normal office environment with little exposure to adverse working conditions. This role may need to work remotely (from home) from time to time. Work pressures caused by concentration on analytical work, conflicting priorities and project timelines can be significant in this type of role. Some out of hours work requirements will occasionally be present given a Global Bank environment with multiple time zone challenges. 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. 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 1 Macquarie Place, Suite 4501 Employment Type Regular Weekly Hours 38 Skills Corporate Treasury Finance Financial Reporting and Analysis Funding Liquidity Management Management Reporting Operations Processes Strategic Objectives Required Experience : IC Key Skills Portfolio Management, Wealth Management, Financial Services, Hybris, Microsoft Word, Banking, Cash Management, Data Management, Microsoft Powerpoint, Securities Law, Microsoft Excel, Internet Of Things Experience : years Vacancy : 1 #J-18808-Ljbffr