The role is responsible for projecting daily cash balances for retail and Nostro accounts to ensure limits are maintained and overdraft costs are minimized
Job Summary
The role is responsible for projecting daily cash balances for retail and Nostro accounts to ensure limits are maintained and overdraft costs are minimized.
Candidates will calculate and accrue interest income and expenses while investigating discrepancies to safeguard revenue and maximize profitability.
CIBC offers a competitive total rewards package including medical, dental, vision, life insurance, disability plans, and a 401(k) match.
Matching Summary
The role is responsible for projecting daily cash balances for retail and Nostro accounts to ensure limits are maintained and overdraft costs are minimized.
Salary
Base: $94,400 - $115,000; Bonus/Equity: Eligible for incentive compensation plan with discretionary bonus; Benefits: Medical, Dental, Vision, HSA, Life Insurance, Disability, PTO, 401(k)
Skills & Requirements
Must-have
Bachelor's degree required
3+ years relevant experience
US and foreign settlement procedures knowledge
Microsoft Office suite proficiency
Strong analytical and investigative skills
Nice-to-have
Process improvement initiative experience
Disaster recovery testing participation
Automation tool familiarity
Collaborative stakeholder communication
Ability to work independently under pressure
Key Requirements
Bachelor's degree
3+ years of relevant experience
Knowledge of US and foreign settlement procedures
Proficiency in Microsoft Office suite
Understanding of basic accounting principles
Work Rights
Must be legally eligible to work in the specified location