Associate, U.S. Product Controller Finance at Canadian Imperial Bank of Commerce

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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 What Youll Be DoingReporting to the Executive Director the Associate US Product Controller - Finance will contribute to the US Finance team by collaborating with Finance and Wholesale Bank personnel as well as partnering with other infrastructure groups on various initiatives including global projects. This role will provide analytical and initiative support to the Wholesale Bank and Treasury businesses in the US.How Youll SucceedProduce Daily P&L Reports: Ensure accuracy of Daily P&L reports for Capital Markets and Treasury businesses including analysis of revenue and fluctuations.Month-End Reconciliation: Reconcile Daily P&L with actual results and ensure completeness and accuracy of month-end and quarter-end reporting.Independent Price Verification (IPV): Review and communicate IPV results to stakeholders and manage the sign-off process.Accounting Compliance: Ensure reporting is in line with IFRS and US GAAP; reconcile balance sheets and income statements and resolve outstanding issues.Process Improvements: Continuously seek opportunities to automate and improve processes; maintain and update procedures and documentation.Cross-Functional Collaboration: Work with Front Office Risk Technology and other teams to resolve issues and contribute to new product onboarding and strategic initiatives.Who You AreEducational Background: Undergraduate degree in Economics Finance or Accounting complemented by 3-5 years of relevant business experience.Accounting Expertise: Strong understanding of accounting principles particularly IFRS and US GAAP with the ability to ensure compliance in financial reporting and reconciliation processes.Capital Markets and Treasury Products: In-depth experience with a broad range of Capital Markets products including but not limited to Fixed Income Margin Lending Securities Lending Options Futures and Derivatives. Familiarity with Treasury operations and financial instruments is essential.Analytical Skills: Ability to analyze complex financial data and assess the implications on accounting and reporting ensuring accuracy and integrity in financial statements.Multi-Perspective Analysis: Capacity to view issues from various perspectives (Line of Business Legal Entity Product Source System etc.) to provide comprehensive insights and solutions.Organizational Skills: Well-developed organizational and prioritization skills to effectively manage multiple tasks and projects in a fast-paced dynamic environment.Interpersonal and Communication Skills: Strong interpersonal communication and influencing skills to develop and maintain productive working relationships with stakeholders across Front Office Risk Management Technology and Finance.Team Player: Self-motivated team player with a flexible approach to problem-solving and a commitment to achieving team objectives.Leadership Qualities: Strong leadership skills are advantageous with the ability to guide and mentor junior team members.Responsibility and Pressure Management: Ability to accept responsibility and work effectively under pressure to meet tight deadlines.Control Orientation: Detail-oriented with a thorough and analytical approach to financial processes and controls.Technical Proficiency: Advanced proficiency in Microsoft Excel along with experience in automation tools such as Alteryx and Power BI. Ability to work with and manipulate large datasets from multiple sources leveraging these tools to enhance reporting and analysis efficiency.California residents your privacy rights regarding your actual or prospective employmentAt CIBC we offer a competitive total rewards package. This role has an expected salary range of $113000 - $150000 for the New York market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees needs; including Medical Dental Vision Health Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave Parental Leave and Vacation) Holidaysand 401(k) in addition to other special perks reserved for our team members.This position does not offer visa sponsorship.#LI-TAWhat CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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.We may ask you to complete an attribute-based assessment and other skills tests (such as simulation coding MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.Job LocationNY-300 Madison Ave. 6th FloorEmployment TypeRegularWeekly Hours40SkillsAnalytical Thinking Communication Deliverables Management Financial Consulting Financial Reporting and Analysis Governance Reporting Regulatory Requirements Risk AssessmentsRequired Experience:IC Key Skills Financial,AXA,Horticulture,Market Research,Chemistry Experience: years Vacancy: 1 Monthly Salary Salary: 113000 - 150000