At a Glance
- Tasks: Lead risk management and develop control solutions for a modern banking environment.
- Company: Join CIBC, a relationship-oriented bank that values your strengths and ambitions.
- Benefits: Enjoy competitive salary, banking perks, wellness support, and a defined benefit pension plan.
- Other info: Flexible hybrid work arrangement with opportunities for personal growth and development.
- Why this job: Make a real impact in a dynamic team while building meaningful relationships.
- Qualifications: Experience in risk management and strong relationship-building skills are essential.
The predicted salary is between 81000 - 99000 $ per year.
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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.
What You’ll Be Doing
- You’ll work in a growing area of the bank that manages operational risk, regulatory supervision, standardized testing, sales monitoring and loss management for Canadian Banking, across Canada.
- As part of the Business Controls team, reporting into the Director, Business Controls you’ll lead the management of material, systemic and emerging risks across the PBB channels.
- You’ll develop and implement integrated control improvement solutions across all products and distribution channels.
- You’ll manage key controls to mitigate operational exposures and potential losses.
- You’ll provide support of CIBC’s Control Framework to ensure compliance to regulatory, legislative and operational requirements, including the efficient and effective management of deficiency remediation.
- You’ll act as the key relationship manager for the business.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2 days per week on-site, while other days will be remote.
How You’ll Succeed
- Relationship Building/Management: You will manage key relationships and collaborate with business partners, 2nd and 3rd lines of defense for all matters relating to operational risk.
- Risk Assessment/Remediation: You will work closely with the LOB partners to proactively identify risk exposures and control gaps, analyze and synthesize risk exposures, operational losses, root causes and control gaps and determine materiality.
- Risk Consulting: You will lead the completion of all CIBC Control Framework requirements, acting as the risk and control Subject Matter Expert (SME) providing expert advice to LOB partners.
- Analytical: You give meaning to data, proactively identify risk exposures and control gaps, and propose recommendations to mitigate risk exposures and control gaps.
- Control Framework Execution: You understand and communicate the Control Framework requirements to LOB partners to ensure they understand and are aware of accountabilities.
- Leadership: Peer mentoring and indirect people leadership influencing, coaching and negotiation with LOB, 2nd and 3rd Line of Defense.
Who You Are
- You’re passionate about people and find meaning in relationships, surrounding yourself with a diverse network of partners.
- You can demonstrate experience in PBB Channels with a deep understanding of key businesses and processes.
- Your influence makes an impact, inspiring outcomes by making yourself heard.
- You understand that success is in the details, noticing things that others don’t.
- You put our clients first, engaging with purpose to find the right solutions.
- You act like an owner, thriving when you’re empowered to take the lead and deliver results.
- Values matter to you; you bring your real self to work and live our values - trust, teamwork, and accountability.
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, defined benefit pension plan, an employee share purchase plan, 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.
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 Mailbox.careers-carrieres@cibc.com.
- CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.
- 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.
- We may ask you to complete an attribute-based assessment and other skills test.
- We use artificial intelligence tools during the recruitment process.
Job Location: Toronto-81 Bay, 23rd Floor
Employment Type: Regular
Weekly Hours: 37.5
Skills: Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively.
Sr. Consultant, Business Enablement and Governance in Toronto employer: CIBC
CIBC is an exceptional employer that fosters a dynamic and collaborative work culture in the heart of Toronto. As an Equity Research Associate intern, you will gain invaluable insights and hands-on experience in global markets while working alongside industry experts, all within a supportive environment that prioritizes employee growth and development. With competitive compensation and a commitment to nurturing talent, CIBC stands out as a rewarding place for aspiring finance professionals.