Equity Finance Counsel

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 CIBC.com

What Youll Be Doing

As a member of the U.S. Capital Markets Legal team in New York, Counsel US Equity Finance, you will provide transactional and advisory legal services to equity finance businesses in the United States, including equity derivatives and prime services.

The role will include providing legal and transactional advice in connection with various equity finance, derivatives, and other transactions; providing regulatory advice in respect of requirements under applicable U.S. laws; drafting, reviewing and negotiating all manner of transaction documentation; structuring and negotiating transactions; advising and supporting clients in new product development; following and advising legal and regulatory developments affecting covered products and businesses; working with multiple stakeholders within the firm (risk, tax, accounting, compliance, etc.) as well as with the primary business personnel; and coordinating/supervising activities of external counsel.

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

How Youll Succeed

• Engage with equity finance teams to ensure that transaction execution and Legal risk management are being conducted in accordance with commercial objectives of the business and CIBC risk tolerance.

• Advise on a broad spectrum of equity finance products including equity margin loans, fund financing, synthetic and cash prime brokerage, convertible bond and capped call transactions, issuer share forwards, related hedging transactions, and other equity swaps and options.

• Advise on regulatory issues including under Section 13 and 16 of the Securities Exchange Act, Section 5 of the Securities Act, the Swap and Security-Based Swap Rules under Dodd-Frank, Reg M, Rules 10b5-1 and 10b-18, and related regulations as they relate to equity finance transactions.

• Advise equity finance teams to ensure that transaction execution and Legal risk management are being conducted in accordance with commercial objectives of the business and CIBC risk tolerance.

• Advise trade documentation team as to derivative agreements such as ISDA Master Agreements, CSAs, and MCAs for dealers and end users.

• Advise business teams as to the development of new products for equity finance clients.

• Be responsible for advising the relevant businesses on regulatory developments and legal issues arising within the relevant coverage area and will assist the businesses in managing legal and reputational risks of the firms transactions and activities in the relevant coverage area.

• Manage projects and contract negotiations to ensure accurate and timely completion of initiatives and execution of documents within a framework of tight deadlines.

• Participate in development of knowledge of market and industry practices through ongoing review of issuances by various banks and dialogue with peers at other institutions.

Who You Are

• 6+ years practicing attorney including experience working at a financial institution, experience at a top tier law firm.

• Strong knowledge of US securities laws, including the Securities Act, the Exchange Act, FINRA and CFTC rules and regulations, broker-dealer regulations, and Dodd-Frank Title VII provisions as applied to swaps regulated by the CFTC and SEC.

• Strong familiarity with relevant ISDA documentation including, Master Agreement, CSA, and Equity Definitions

• JD degree or foreign equivalent and be admitted to the bar in New York

• Experience with structured notes is a plus

• Excellent written and verbal English language skills

• Excellent legal analytical skills, with the ability to think creatively and identify innovative solutions as well as the ability to clearly articulate complex concepts and ideas

• The ideal candidate will have proven skills in legal and regulatory risk management

• Will possess excellent stakeholder management and relationship skills combined with the ability to withstand front office pressure and exhibiting excellent negotiation and influencing skills and the ability to balance risk with reward in a commercial environment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $250,000 - $260,000 for the New York, 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 also may 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), 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.

What CIBC Offers

At 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 conditions

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 [email protected]

• 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.

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