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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)

Responsibilities:

As a Sr. Business Governance Controls & Managing Director, you will contribute to Commercial Banking goals and assist with the design and execution of line of business risk programs. The Business Risk Assessment and Measurement Lead will serve as a dedicated single point of contact to advise Commercial Banking on the assessment, mitigation and measurement of Financial, Strategic and Operational Risk.

The role is an individual contributor role on the Governance & Controls team within the first line of defense. The role will understand the Enterprise Risk Management (ERM) framework and act as the designated “Risk Steward” for Commercial Banking. The role will manage ERM activities with business segment heads to provide a holistic view of risk across Commercial Banking. **2025-LE-902**

**What You'll Be Doing** :

+ Leading and coordinating risk identification activities across front-line staff including organizing workshop and challenge sessions and inventorying/ documenting and rating risks and mitigations on behalf of the business

+ Leading or supporting development and annual review/recalibration of line of business specific risk appetite/segment risk statements/product risk statements with a focus on emerging credit, market, operational and strategic risks

+ Working with front-line staff and Risk Management to propose appropriate metric thresholds based on any available analysis of historic, current or forecasted data

+ Monitoring metrics owned by front-line staff based on required monitoring frequency

+ Working with Governance & Controls team to respond to attestations, management and board threshold breaches (e.g. root cause analysis, action plan and timelines to address) and present information to management on behalf of the business

+ Supporting Risk Management and front-line staff to ensure all new initiatives conform to risk appetite statements

+ Identifying and building effective KPIs/KRIs to monitor front-line risks and define and source necessary data to develop and maintain KPIs/KRIs segment risk/risk appetite statements that monitor the right risks in the most meaningful way

+ Championing data requirements and systems to support ongoing MIS and reporting enhancements

+ Planning, scoping and executing targeted reviews in consultation with the Risk Management department

+ Providing advice and training on ERM framework on a day-to-day basis to front-line employees

+ Participating in special projects as needed

_To successfully perform the work, yo_ _u will_ _be on-site full-time._

How You'll Succeed:

The successful candidate will exhibit CIBC’s values of trust, teamwork, and accountability. The successful candidate will have a thorough understanding of commercial banking processes and related risks and controls through a mix of audit (internal or external), regulatory agency (FRB, FDIC, OCC), and/or advisory/consulting experience with large financial institutions or consulting firms. An ideal candidate will possess the following:

+ Seven or more years of experience in commercial banking, financial services consulting, or related work experience

+ Demonstrated experience building and executing first line or second line of defense enterprise risk management programs

+ Strong research, analysis, problem-solving, and decision-making skills with ability to identify commercial banking risks and issues for escalation to management, as necessary

+ Excellent collaboration and relationship-building skills as the role will work closely with line of business and executive management as well as members of other risk functions (e.g. Credit Risk, Operational Risk)

+ Superior time management skills, with ability to effectively prioritize to meet deadlines in a dynamic and rapidly-changing environment

+ Strong oral and written communication skills, and the ability to communicate with all levels

+ Coaching, mentoring and/or training of junior risk professionals

+ Proficiency with Microsoft applications including Word, Excel, and PowerPoint

+ Data analysis and visualization skills using Excel or other analysis software

+ Bachelor Degree in accounting, finance or other business-related discipline

+ Credit risk experience are a plus.

Risk & Compliance:

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

+ Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls

+ At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals

+ Understanding and following the qualitative and quantitative components of our Risk Appetite Statements

+ Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings

+ Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls

+ Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders

+ Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution.

_At CIBC, we offer a competitive total rewards package. This role has an expected salary range of_ _$125,000.00 - $175,000.00_ _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._

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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-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Credit, Credit Analysis, Credit Monitoring, Finance, Risk Management

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.