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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.

To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)

What You’ll Be Doing

US TI&I Risk and Governance is a first line of defense team which supports the departments referenced above. The Risk Manager will work closely with US TI&I Management and 2nd and 3rd lines of defense (Risk, Compliance, and Internal Audit) to develop and implement well managed risk practices to ensure activities do not exceed the risk tolerance of the organization.

A s a Senior Consultant, Operational Risk, you will be responsible for designing, implementing, managing and reporting on an Operational Risk based program for LOBs within US TI&I. You assist in the review of Control Testing scripts for Test of Design and Test of Effectiveness for operational key controls for US TI&I, plus lead, coordinate, and liaise between US TI&I LOB Managers/other lines of defense and collaborate with business units in developing and monitoring corrective action plans when responding to Audit, Compliance, Self-Assessed, or regulatory examination findings. You also provide risk guidance in developing, reviewing and maintaining operational risk and compliance policies and procedures as it relates to US TI&I Lines of Business, assess risk on behalf of the LOB through the Risk and Control Self-Assessment; Risk Identification; and Change Initiative Risk Assessment processes, as applicable. Additionally you are responsible to manage day-to-day risk issues; design and implementation of new controls and special projects, update and maintain a risk and control inventory remediating any gaps and inadequacies, mentor, coach, and evaluate performance of other US TI&I Risk and Governance Team members. You maintain awareness of regulatory changes across the industry, analyzing how the changes will affect the line of business, and creating a strategy to implement such changes within US TI&I.

_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 You’ll Succeed

+ **Relationship Management** - Relationship manager and collaborative consultant with business partners and 2nd and 3rd Lines of Defense for all matters relating to risk management. Manage relationships at peer or director level, as well as project and initiative managers, within the assigned LOB. Represent Risk Governance on LOB initiatives.

+ **Risk Assessment/Risk Consulting** - Work closely with LOB partners to proactively identify risk exposures and control gaps. Analyze and synthesize risk exposures, operational losses, root causes and control gaps. Lead the assessment and recommendation of self-assessed deficiencies to mitigate risk exposures and control gaps. Lead the Change Initiative Risk Assessment (CIRA) process ensuring all high inherent risks are identified and compliant to the CIBC CIRA process. Acts as the risk and controls Subject Matter Expert (SME), providing expert advice to Line of Business partners. Participate in business, governance and regulatory projects, typically medium to highly complex initiatives, to identify risk and control issues. Lead all Internal Audits, Compliance Exams, AML/ CEEP, and GORM Reviews for the LOB regarding audit scope review & finalization, requests for information, fieldwork support and potential deficiency management.

+ **Risk Subject Matter Expertise** – Understand and communicate requirements related to fraud, AML, compliance, data, and transaction processing risks. Be able to translate risk requirements into process and controls. Identify efficiency opportunities within existing processes to ensure process

+ **Control Framework Design/Execution/Management** - Understand and communicate Control Framework requirements to LOB partners to ensure awareness and understanding and impacts. Lead the completion of CIBC Control Framework requirements, including Risk and Controls Self Assessments (RCSAs), Key Regulatory Indicators (KRIs). Act as the Maintenance Officer for Operational Process Controls (OPCs), Financial Process Controls (FPCs) and Regulatory Compliance Management (RCM) controls. Develop & present Executive Reporting on the governance & controls environment of the sub LOB.

Who You Are

+ **You must demonstrate 5+ years of experience in** . Audit/Enterprise/Operational Risk Management/or Management Consulting. You have a deep understanding of the risk assessment framework and an experience performing risk assessments covering key risks and controls. A strong working knowledge of regulatory requirements to perform and ensure an appropriate level of testing, an experience within financial, operational, compliance and reputation risks is required. You bring solid project management skills with the ability to adapt to change quickly, multi-task and demonstrate flexibility in prioritization based on requested tasks. BS or MS (Risk Management, Business, Finance or similar) or equivalent professional/military experience is ideal. It is also an asset if you have experience auditing LOBs within US Technology.

+ **You give meaning to data:** You possess Data analysis and visualization skills using Excel or other analysis software. Additionally, you are comfortable performing ad-hoc statistical analysis using Pivot tables, VLOOKUP, complex formulas, and other advanced Excel functions to determine root causes and trends related to testing failures.

+ **You are a strong communicator** . Strong interpersonal, communication (oral and written) and problem-solving skills, including effective engagement with senior leaders of the organization.

California residents — your privacy rights regarding your actual or prospective employment

_At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $120,000- $150,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s 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._

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.

+ We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-70 W Madison St, 8th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Ideation, New Initiatives, Personal Initiative

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.