CIBC is seeking an experienced Equity Derivatives Trader to join our US Equity Derivatives Team in New York. This is a client-facing market making role, responsible for providing liquidity, pricing, and risk management in US-listed single stock options.

What You'll Do

Provide continuous, competitive two-way pricing in US single stock options for institutional clients.
Serve as a primary point of contact for clients, responding to inquiries and facilitating complex options trades.
Manage and hedge the desk’s risk exposures in real time, optimizing risk-adjusted returns within established limits.
Execute trades efficiently, ensuring best execution and adherence to regulatory and internal guidelines.
Work closely with sales, structuring, research, and technology teams to deliver tailored solutions and market insights to clients.
Stay current on market trends, regulatory developments, and product innovations in the US equity derivatives space.
Monitor and report daily P&L, risk metrics, and position exposures to desk management.
Ensure all trading activity is in full compliance with relevant regulations and internal risk controls.

What We're Looking For

Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field.
2–7 years of sell side experience trading US single stock options, ideally in a market making or client-facing role.
In-depth knowledge of options pricing models, volatility surfaces, and risk management.
Strong client relationship management and communication skills.
Proficiency with electronic trading platforms and analytical tools (e.g., Bloomberg, Excel, Python).
Proven ability to work effectively under pressure in a fast-paced, team-oriented environment.
Strong quantitative, analytical, and problem-solving skills.
Demonstrated track record in managing risk and generating P&L.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Nice to Have

Familiarity with market making technology is a plus.

Technical Stack

Bloomberg
Excel
Python

Team & Environment

You will be joining CIBC's US Equity Derivatives Team.

Benefits & Compensation

Compensation: $150,000-$225,000 for the New York, NY market.
Medical, Dental, and Vision coverage
Health Savings Account
Life Insurance, Disability and Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
Holidays
401(k)
Special perks and banking benefits
Competitive salary and incentive pay
Wellbeing support
MomentMakers recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development

At CIBC, we’re building a relationship-oriented bank for the modern world. We embrace your strengths and your ambitions, so you are empowered at work. We aspire to give you a career, rather than just a paycheck. CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong.