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Derivatives Specialist

CIBC Mellon2 days ago
Toronto, Ontario, Canada
Mid Level
CONTRACTOR

About the role

Job Number: J0726-0244

Category: Derivative Operations

Employment Type: Contract

City: Toronto

Posting Date: August 5, 2026

Closing Date: August 19, 2026

Company Information

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

Position Overview

Process derivative type transactions and responsible for client servicing, daily cash management, reconciliation and reporting of overdraft and idle balances, foreign currency forecasting, processing wires and foreign exchange contracts, determine daily mark to market and resolution of cash and trade issues.

Responsibilities

Respond to client/advisor inquiries in order to build and maintain strong relationships. Interact with internal and external contacts to ensure client and advisor issues are addressed and keep supervisor informed in order to escalate issues when necessary. Process daily derivatives type transactions, perform daily management cash functions, process wires, foreign exchange and cash sweeps as directed by advisor, in accordance with established policies, procedures and time standards. Work with supervisor and team members in order to improve efficiencies, processes and controls in the Special Investments Group. Validate client and investment manager authorized signatures on all cash and securities instructions to reduce risk of unauthorized transactions. Maintain accurate and up-to-date pricing files, collateral, margin and mark to market to ensure accurate cash functions. Maintain daily reconciliation futures valuation spreadsheets for reporting purposes.

Qualifications

University degree Minimum 2 years progressive experience in the securities industry In depth knowledge of derivative strategies and initiatives Strong attention to detail, analytical with problem solving skills Excellent communication skills Well organized, good time management skills with ability to meet deadlines and function effectively under pressure

CIBC Mellon's Values

Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards

Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward

Be One Family: Challenge, empower and recognize your colleagues

Take Ownership: Speak up, speak out, and make things better

Job Specific Competencies

The salary band for this position ranges between $52,000 - $78,000 Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity. Please note, our recruitment process may include the use of AI-assisted tools. This posting is for an existing vacancy.

CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.

About CIBC Mellon

Financial Services
1001-5000
Founded in 1996

CIBC Mellon is dedicated to helping Canadian institutional investors and international institutional investors into Canada service their financial assets throughout the investment lifecycle. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon Corporation (BNY) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon delivers informed investment services for investment funds, pension plans, insurance companies, banks, foundations, endowments, corporations, and global financial institutions whose clients invest in Canada. As at June 30, 2024, CIBC Mellon had more than C$2.8 trillion in assets under custody and/or administration. CIBC Mellon is part of the BNY network, which as at June 30, 2024 had US$49.5 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.

CIBC Mellon is a licensed user of the CIBC trademark and certain BNY trademarks, is the corporate brand of CIBC Mellon Global Securities Services Company Inc and CIBC Mellon Trust Company and may be used as a generic term to refer to either or both companies.

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