Preparing for your next Quant Interview?
Practice Here!

Business Analyst, Capital Markets Risk Management

Business Analyst, Capital Markets Risk Management
Toronto, CA
66,000 - 98,000
Apply Now
Job Description

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

Job Description

What You’ll Be Doing

Within Capital Markets Risk Management (CMRM), the Risk Measurement, Systems & Reporting (RMSR) group is accountable for developing and maintaining a disciplined approach to the governance, monitoring and control of the bank’s counterparty credit, market, liquidity, funding, insurance and pension risk taking activities, and the associated risk systems.

As the Business Analyst, Capital Markets Risk Management, you will assist the Director, Market Risk Solutions by providing subject matter expertise in the development of methodologically robust and operationally sustainable solutions for market risk capture within the context of market risk system.

You’ll develop and maintain close working relationships within a matrix organization that emphasizes close interaction between CMRM (Trade Floor Risk Managers, Risk Reporting and Decision Support, Limit Monitoring, Quantitative Risk) and non-CMRM (Risk Technology, Front Office and FO Technology, Finance, Audit) stakeholders.

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. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

  • Capital Markets Domain Knowledge – Demonstrate your strong understanding of Capital Markets activities, products (e.g. derivatives and fixed income and their pricing principles), and market risk metrics, models and regulations (e.g. sensitivities (greeks), VaR (historical and MC, IRC, and FRTB regulation). Be curious and continue to grow your knowledge of Market Risk measurement as the field evolves.

  • Business Analysis – For assigned market risk related initiatives, identify and engage relevant stakeholders and perform thorough analysis while applying your existing and/or developing new market risk related knowledge. You will understand the issues, document the existing state and the required changes. You will then propose and help build consensus on solutions, contribute to definition of business processes, plan and execute testing and present testing results to stakeholders.

  • Market Risk Project Delivery – Effectively manage a portfolio of Market Risk projects/change requests, addressing and overcoming technical and/or business obstacles as they arise. You will collaborate with various stakeholders within and outside of CMRM to ensure timely completion of testing, sign off and delivery of projects within the applicable project delivery frameworks (Agile & Waterfall).

Who You Are

  • You can demonstrate experience. You have in-depth business domain knowledge and experience from the Financial and/or Banking Industry in relevant business or technology areas including Capital Markets & Risk Management. You have Business Analysis experience with a minimum of 1-3 years of robust requirements gathering and documentation skills & the ability to communicate effectively. You have experience with relational databases and are comfortable with manipulating large amounts of data using applicable languages and tools. You have good SQL query writing and advanced Excel skills. You are experienced with VBA, Python, Powershell, and/or R.

  • You have a degree/diploma. In Finance, Business, Commerce and/or related discipline.

  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

  • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help inform your decision making.

  • You 're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

  • You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results – both within our department and across the broader CMRM team.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

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.

  • 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.

  • 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.

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

Toronto-161 Bay St., 12th

Employment Type


Weekly Hours



Business Analysis, Capital Markets, Market Risk, Market Risk Analysis, Risk Analysis, Risk Management, Risk Measurement, RiskMetrics

Share this job
Share On
Apply Now