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Manager, Data & Cloud Risk Management
- CIBC (Chicago, IL)
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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
As the Manager, Data & Cloud Risk Management, you’ll serve as the Second Line of Defense for the Data & Cloud risk management portfolio. You will assist leadership in deploying operational risk management practices, ensure compliance with regulatory expectations, and oversee Data & Cloud risk activities across CIBC US. You’ll monitor and analyze Data & Cloud risks, report findings to key stakeholders, and provide critical input into risk committees. You will also engage with business units to promote a strong risk culture and mentor staff on emerging technology risks.
_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_ _1-_ _3 days per week on-site, while other days will be remote._
How you’ll succeed
+ **Risk Oversight & Governance -** Provide independent oversight of data and cloud risk management practices, including governance of cloud adoption, data usage, storage, transfer, and lifecycle management. Challenge first line metrics & reporting, risk assessments, controls, and risk acceptance decisions to ensure alignment with regulatory standards (e.g., FRB, OSFI, DCAMS, FFIEC, NIST, COBIT). Support the oversight of risk taxonomies, policies, standards, and risk appetite statements for data and cloud risk.
+ **Risk Identification & Assessment -** Review and challenge business unit Risk & Control Self-Assessments (RCSAs), Change Initiative Risk Assessments (CIRA) to ensure adequate coverage of data and cloud risks. Evaluate emerging risks (e.g., AI/ML data usage, multi-cloud strategies, cross-border data transfer) and escalate material concerns to senior stakeholders. Lead thematic risk reviews focused on topics such as cloud and data risk management topics.
+ **Monitoring & Oversight -** Oversee control activities related to topics such as data & cloud risk management. Develop independent monitoring routines to identify control gaps and trends in cloud/data incidents. Partner with enterprise oversight teams to ensure comprehensive coverage of cloud and data risk domains. Engage in annual maturity scorecard assessments based on industry expectations (e.g. DCAMs)
+ **Regulatory & Stakeholder Engagement -** Interpret and apply evolving regulatory expectations for data and cloud risk, ensuring bank practices remain compliant. Prepare risk reporting, issue escalation, and thematic insights for senior management, risk committees, and regulators. Serve as a subject matter expert in cross-functional forums (e.g., cloud governance councils, data risk steering groups).
+ **Risk Culture & Advisory -** Provide proactive challenge and credible advice to technology, operations, and business teams on safe cloud adoption and responsible data use. Influence risk culture by promoting awareness of data and cloud risks through training, guidance, and risk communication. Mentor staff within the ORM function to build subject matter capability in emerging technology risks.
Who you are
+ **You embrace and champion change.** You’re flexible and can pivot easily. You'll continuously evolve your thinking and the way you work in order to deliver your best.
+ **Your influence makes an impact.** You know that relationships and networks are essential to success. You lean in on executive guidance, and you inspire outcomes by making yourself heard.
+ **You understand that success is in the details.** You notice things that others don't. Your critical thinking skills help to inform your decision making.
+ **You're motivated by collective success.** You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
+ **You’re goal-oriented.** You’re motivated by accomplishing your goals and delivering your best to make a difference.
+ **You're digitally savvy.** You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
+ **Values matter to you** . You bring your real self to work and you live our values – trust, teamwork and accountability.
California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
_At CIBC, we offer a competitive total rewards package. This role has an expected salary range of_ **_$103,900 - $126,900_** _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. #LI-TA_
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, 9th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Continuous Improvement Techniques, Control Frameworks, Decision Making, Emerging Risks, Group Problem Solving, Operation Risk Management, Risk Assessments, Risk Monitoring
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.
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