Algorithmic Trading Jobs (NOW HIRING)

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

CIBC's Electronic Trading Group is a leader in electronic execution, offering clients algorithmic equity trading products, direct market access (DMA) and advanced trading tools for strategy implementation and best execution. We are seeking an experienced US electronic and algorithmic trading salesperson to accelerate the growth and expansion of our US Electronic Trading platform. The successful candidate will be responsible for originating, developing, and managing new client relationships with US long/short hedge funds and institutional asset managers and will play a pivotal role in broadening our client coverage and elevating our platform's market presence.

How You'll Succeed

• Client Origination & Coverage:

  • Develop, implement and execute effective client acquisition, coverage, and growth strategies.

  • Proactively build and maintain strong relationships with US hedge funds and institutional asset managers.

  • Serve as a trusted advisor to clients, understanding their trading needs and delivering tailored electronic and algorithmic trading solutions.

• Sales Execution & Revenue Growth:

  • Drive sales growth by promoting CIBC's electronic trading capabilities, including algorithmic strategies, smart order routing, and analytics.

  • Collaborate with trading, technology, and product teams to deliver innovative, best-in-class client solutions.

  • Consistently achieve and exceed revenue and activity targets.

• Strategic Platform Development:

  • Provide market intelligence and client feedback to guide product development and platform enhancements.

  • Shape the strategic direction and go-to-market approach for the US electronic trading business.

• Global Collaboration:

  • Partner with global sales and trading teams to ensure seamless client coverage and execution.

  • Collaborate with the broader CIBC Capital Markets franchise - including High Touch Equities Sales Trading, Program Trading, Prime Brokerage, and Derivatives teams - to advance CIBC market share across all products.

• Compliance & Operational Management:

  • Champion a culture of responsible finance, sound governance and supervision, expense discipline and ethical conduct.

  • Liaise effectively with internal stakeholder groups including Legal, Operations, Compliance, Technology, Credit and Risk to manage all aspects of the business.

  • Ensure strict adherence to compliance and operational risk controls in accordance with company and regulatory standards.

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

Who You Are

• Experience:

  • Minimum of 8+ years of progressive sales experience in electronic and algorithmic trading within a major investment bank, broker-dealer, or trading platform.

  • Demonstrated track record of originating and managing relationships with US hedge funds and institutional asset managers.

• Technical & Market Knowledge:

  • Deep expertise in electronic trading products, market microstructure, and algorithmic strategies.

  • Established network and strong reputation among buy-side trading and investment professionals.

  • Exceptional communication, negotiation, and presentation skills.

  • Entrepreneurial mindset with demonstrated success in building and scaling businesses.

• Education:

  • Bachelor's degree required, preferably in Business, Mathematics, Engineering, Computer Science, or a related field.

• Certifications:

  • US regulatory registrations (Series 7, 63, etc.) required.

  • Canadian regulatory registrations (CSC, DFC, CPH, etc.) are an asset.

• Skills:

  • Highly proactive, motivated, and detail-oriented with the ability to work independently.

  • Excellent oral and written communication skills, with the ability to engage effectively at all levels of the organization.

  • Strong organizational skills and ability to manage multiple priorities and deadlines.

  • Flexible schedule, with the ability to travel regularly as required.

#LI-TA

California residents - your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary of $275,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's 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), Holidays, and 401(k), in addition to other special perks reserved for our team members.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

At CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential.

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.

• 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.

Expected End Date

Job Location

Employment Type

Weekly Hours

Skills