CIBC US · 2 days ago
ED, Application Development, Derivatives [Regions]
New York, NY
Full-time
Onsite
Senior Level
$180K/yr - $200K/yrCIBC is building a relationship-oriented bank for the modern world and is seeking an Executive Director for Application Development in Derivatives. The role involves leading the application support function for the xTrader platform, managing a team, and ensuring platform stability and high-quality service delivery.
BankingFinancial Services
Responsibilities
Own regional production support for xTrader in NYC: incident triage, escalation, stakeholder communications, and post-incident reviews
Lead and develop a team of 3 support professionals; set priorities, coach on troubleshooting, and drive consistent operational practices
Drive programmatic monitoring and alerting: define SLIs/SLOs, implement meaningful alerts, reduce noise, and improve detection via instrumentation and metrics (not manual checks)
Coordinate with global support and engineering teams: to resolve complex issues across trade booking, risk/P&L, and valuation/reference workflows
Use data-driven troubleshooting: analyze logs, database records, and workflows to identify root cause and prevent recurrence
Drive continuous improvement: reduce recurring incidents, improve runbooks, and automate common diagnostics/remediation steps
Bring a practical AI/agentic support perspective: identify where agentic tooling can accelerate triage, enrich incident context, suggest fixes, and automate routine support actions—while maintaining appropriate controls, auditability, and human oversight for front-office risk
Maintain strong front-office engagement: handle time-sensitive trading issues with urgency and sound judgment, including during market events
Ensure operational readiness: change management participation, release support, and appropriate controls for production changes
Qualification
Required
Proven experience leading an application support function at a major financial institution, ideally supporting front-office trading systems
Strong SQL skills for investigation, data validation, and issue resolution; working knowledge of VBA is preferred
Solid product knowledge across derivatives, including swaps, commodities, and options; comfortable discussing trade lifecycle and risk/P&L concepts
Demonstrated ability to operate under pressure, manage multiple priorities, and communicate clearly with senior front-office stakeholders
Strong judgment on operational risk, controls, and production discipline; able to introduce automation safely
Preferred
Working knowledge of VBA
Benefits
Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
Holidays
401(k)
Banking benefits
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
Company
CIBC US
CIBC US provides tailored commercial and personal banking services, private banking, wealth management and small business financial solutions.
Founded in 2017
1001-5000 employees
H1B Sponsorship
CIBC US has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (35)
2024 (42)
2023 (29)
2022 (11)
2021 (77)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
Brant Ahrens
Chief Administrative Officer
Recent News
2025-07-25
Company data provided by crunchbase