Job Information
CIBC Separately Managed Account (SMA) Investment Associate in Boston, Massachusetts
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 (https://www.cibc.com/en/about-cibc.html)
What you'll be doing
The Separately Managed Account (SMA) Investment Associate is responsible for performing research and oversight necessary to ensure the consistent implementation of the investment platform. In this role, you will demonstrate solid written, verbal, interpersonal, and analytical skills to review and ensure adequate documentation related to portfolio exceptions including concentrations, off-list holdings, and unique assets. In addition, you will act as a resource consultant and assist with efficient and effective investment implementation and management, working with business line management to identify investment implementation risks. You will also work with compliance, risk management and internal audit to remediate findings and report issues and findings to senior management.
How you'll succeed
Support the CIBC Private Wealth Management equity team in their daily management of separately managed accounts.
Responsible for trade order creation and strategy implementation for a wide range of client portfolios.
Monitor portfolio drift and work with internal teams to find solutions.
Support senior management and investment officers by performing duties such as research, reporting, and creating presentations.
Provide investment expertise to Relationship Managers, Business Development Officers, and Clients.
Help identify and sustain a balanced approach to managing risk by ensuring compliance controls and processes (regulatory, compliance, fiduciary) are integrated into day-to-day activities.
Contribute to a strong organizational culture through positive, collaborative behaviors resulting in client and employee engagement.
Pursue continuous improvement and be a problem solver by anticipating obstacles, developing plans to overcome, and looking for innovative ways to improve.
Who you are
You have a bachelor’s degree and minimum of two years of relevant investment experience.
You have experience working with order management systems and Schwab or Fidelity platform.
You can demonstrate a working knowledge of global markets, economics, and portfolio theory.
You have worked with FactSet and Excel.
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 know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.
You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You can demonstrate strong communication and presentation skills required to support the firm’s client service teams.
California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
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 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.
*Subject to plan and program terms and conditions
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 Mailbox.careers-carrieres@cibc.com
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
MA-100 Federal Street, 37th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Accountability, Analytical Thinking, Documentations, Large Group Presentations, Reporting Processes, Researching, Wealth Management, Work Collaboratively
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.