Analyst, OTC Settlements

What Youll Be Doing (position summary):

The Analyst, OTC Settlements is responsible for the timely, accurate, and controlled execution of trade confirmation, settlement, reconciliation, and investigation activities across a range of OTC derivative products supporting the Capital Markets and Treasury businesses.

The role independently manages complex operational issues and stakeholder coordination to support accurate end-to-end processing and effective risk mitigation. The position also contributes to operational improvement and change initiatives through business input, testing, and implementation support.

At CIBC India we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (including on-site and remote work) will be discussed at the time of your interview.

How Youll Succeed (responsibilities):

CROSS-FUNCTIONAL RELATIONSHIPS:

• Execute daily trade confirmation, settlement, and reconciliation activities for OTC derivative products accurately, timely, and in accordance with internal controls and operating procedures
• Independently investigate and resolve complex settlement discrepancies, reconciliation breaks, unmatched items, lifecycle event exceptions, and operational issues within established timelines
• Manage complex client inquiries and disputes professionally and proactively, coordinating with internal stakeholders to drive timely resolution and minimize operational risk
• Liaise with Front Office, Trade Control, Finance, Technology, and other relevant teams to validate trade economics, investigate booking or settlement issues, and ensure accurate downstream processing
• Support activities related to precious metals inventory management, invoice processing, and metal delivery tracking where applicable to business requirements
• Assess the impact of trade lifecycle events, accounting considerations, and operational dependencies to ensure accurate end-to-end settlement processing
• Maintain complete, accurate, and audit-ready records, documentation, and exception logs for settlements, investigations, escalations, and reconciliations
• Apply a strong risk and control mindset by ensuring all exceptions are properly investigated, documented, escalated, and resolved in line with policy and governance standards
• Participate in project and change initiatives by contributing to requirements gathering, process design feedback, test case preparation, UAT execution, and implementation support
• Identify opportunities to improve controls, streamline workflows, enhance system capabilities, and increase operational efficiency across OTC derivatives settlements processes
• Partners closely with internal stakeholders including Front Office, Trade Control, Finance, Technology, Treasury, Operations leadership, and other support teams to ensure accurate trade settlement, timely issue resolution, and effective exception management
• Builds and maintains strong working relationships with internal business partners, external counterparties, and service providers to support smooth operational execution and resolution of complex inquiries or disputes
• Works closely with project, change, and technology teams to provide operational input and subject matter expertise in support of system and process enhancements

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES:

• As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls

AUTHORITIES/DECISION RIGHTS:

JOB DIMENSIONS:

Experience: 5+ years of experience

• As a key contributor to the business unit, this job has the authority to recommend changes to business processes to enhance operational efficiency and effectiveness
• Supports end-to-end OTC derivatives settlement and post-trade operational activities across Capital Markets and Treasury, with responsibility for accuracy, timeliness, exception management, and control effectiveness
• Operates in a high-risk, time-sensitive environment requiring independent judgment to manage complex settlement issues, lifecycle event exceptions, reconciliation breaks, and client-related escalations
• Requires application of specialized knowledge of OTC derivative products, trade lifecycle events, and operational dependencies to assess impacts and drive resolution across multiple stakeholders
• Contributes to operational risk mitigation through strong documentation, control discipline, escalation management, and audit readiness

Who You Are (skills/qualifications):

KNOWLEDGE AND SKILL REQUIREMENTS:

About CIBC:

CIBC is a leading North American bank, with a history of more than 150 years of living our purpose - to help make your ambition a reality. Client relationships are at the centre of our strategy, and our growth is enabled by a highly engaged and connected global team. From digital banking to community impact, were proud to drive progress for our clients and our communities. Recognized for our culture, award-winning innovation and community investment, CIBC continues to evolve by putting people and progress at the centre of everything we do.

About CIBC India:

CIBC India is a technology and operations hub in Hyderabad, where youll be part of our highly engaged and global team, and play a central role in supporting our growth. Whether youre driving innovation in digital banking or streamlining client onboarding, youll be part of a culture recognized for excellence and investment in people. At CIBC India, people and progress are at the centre of what we do: youll develop skills, collaborate with industry leaders, and see your ideas realized in a culture that values progress and belonging. We provide cutting-edge resources, ongoing learning, and a supportive environment where people come first. If youre ready to create meaningful change and build your future, CIBC India is where your ambition meets opportunity.

• Bachelors degree in Business, Finance, Economics, or a related field
• 5+ years of relevant experience in Capital Markets operations, OTC derivatives settlements, reconciliations, trade support, or a related function
• Demonstrated experience handling complex OTC derivative products, lifecycle events, settlement exceptions, and reconciliation investigations
• Prior experience in Precious Metals inventory management at depositories, invoice processing, and metal delivery tracking is highly desirable
• Proven experience in managing complex operational exceptions, escalations, and stakeholder interactions within a high-volume Capital Markets environment
• Experience supporting business change or project initiatives, including requirements gathering, design input, testing, and UAT
• Strong knowledge of OTC derivatives products, settlement workflows, confirmations, reconciliations, lifecycle events, and exception management processes
• Good understanding of Capital Markets and Treasury operations, including trade capture, validation, accounting impacts, and operational controls
• Strong analytical and problem-solving skills, with the ability to investigate complex discrepancies, interpret transaction data, identify root causes, and implement effective resolutions
• Strong attention to detail and ability to manage multiple priorities accurately in a deadline-driven, high-risk environment
• Ability to exercise sound judgment and work independently when handling sensitive issues, escalations, and client-facing matters
• Strong stakeholder management, collaboration, and communication skills, with the ability to work effectively across internal teams and external partners
• Continuous improvement mindset, with the ability to identify process enhancement opportunities and contribute to system and workflow optimization
• Strong control and governance orientation, including documentation discipline, audit readiness, risk awareness, and adherence to policy requirements

What CIBC India Offers:

At CIBC India, your goals are a priority. We start with your strengths and ambitions and strive to create opportunities to tap into your potential. We aspire to give you a career that goes well beyond your compensation.

• We work to recognize you in meaningful, personalized ways including competitive fixed pay, performance-based incentive programs, a family-first benefits program, employer contributions for your retirement, attractive time off and leave offerings, 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 worldwide
• 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

Privacy:

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