Senior Risk Manager Operational Resilience
Senior Risk Manager Operational Resilience
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$ 120000 - 140000
1 Vacancy
Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
JOB DESCRIPTION
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
Reporting to the Director of Operational Resilience within the Operational Risk Management this role will provide support in 2nd LOD review and challenge over the governance and of the Operational Resilience Program for CIBSs Combined U.S. Operations (CUSO) in accordance with US Regulations internal policies and industry practices.
The Operational Resilience Program sits within CIBCs Technology Infrastructure and Innovation (TI&I) group. The mandate of the Program is to identify and protect CIBC from threats and potential failures respond and adapt to as well as recover and learn from disruptive events to minimize their impact on the delivery of critical services through disruption. This involves effectively managing operational risk through a deep understanding of the endtoend delivery of CIBCs critical services including the underlying technology third parties premises people and data that support that service. The resilience posture of these critical services is further informed through scenario stress testing to identify points of failures gaps and areas requiring enhancements.
The 2nd LOD Operational Resilience team as part of the Operational Risk Management function supports the Program mandate by ensuring the maintenance continued enhancement and evolution of the Operational Resilience risk framework. Core responsibilities also include monitoring assessment and independent challenge of program and providing consultative support for all 1st LOD activities. The 2nd LOD Operational Resilience team also provides oversight for the Business Continuity Management program for the CUSO.
HOW YOULL SUCCEED:
Operational Resilience
- Challenge the Operational Resilience Program including ongoing maintenance and operation to ensure business objectives are met while complying with internal external and regulatory requirements in a highly regulated environment
- Assist in the understanding of CIBCs current Operational Resilience practices capabilities and roadmap
- Maintain and evolve a bestinclass Operational Resilience framework in tandem with developing regulatory requirementsand industry best practices
- Maintain a current understanding of regulatory trends and communicates to internal partners to ensure that regulatory changes in the resiliency area are understood and addressed within CIBC
- Support the Operational Resilience Program in collaboration with internal partners (including TI&I other Infrastructure partners SBU representatives functional groups and other areas of Risk Management):
- Review and challenge the identification of CIBCs Critical Business Services (CBS) and Critical Shared Service (CSS) and ensure a register of criteria ownership and key dependencies is maintained
- Review and challenge that CBSs are mapped endtoend and at an appropriate level of detail to identify technology people third parties facilities and single points of failure (SPOF) for each CBS
- Review and challenge impact tolerances for each CBS as defined by CBS owners
- Review and challenge disruption risk scenarios used to assess each CBS and their components
- Review and challenge operational resilience measures and metrics to ensure effective management of the enterprise operational resilience program
- Assist in the development of monitoring and reporting program across CBSs
- Ensure deficiencies are raised when warranted as per the Control and Deficiency Management Policy and issues are remediated in a fulsome and timely fashion
- Ensure that all processes utilized are efficient defined documented measured and maintained
- Maintain a strong communication network with all assigned areas to promote exchange of information and ideas
Business Continuity Management
- Challenge the Business Continuity Program (BCM) including ongoing maintenance and operation to ensure business objectives are met while complying with internal external and regulatory requirements
- Maintain and understanding of U.S. regulatory trends and best practices around business continuity and related operational risk management disciplines
- Assess BCM policy and standards against industry regulations and best practices
- Assess program of impact analysis planning and testing activities against internal policy and standards
- Develop manage and maintain KPIs and KRIs for the 2nd LOD function
- Monitor threats that could escalate into business continuity incidents and monitor the progression of actual incidents to provide status updates to key stakeholders
CROSSFUNCTIONAL RELATIONSHIPS:
- The role works in close collaboration with leaders across the organization when challenging/discussing risks related to Operational Resilience and Business Continuity Management.
- The role also partners with various risk management groups including parentbank risk owners and other governance functions and regulators to deliver on the accountabilities of the role.
WHO YOU ARE:
- Bachelors degree in business information systems risk management technology or equivalent work experience
- Minimum 5 years experience with business continuity technology cyber information security risks technology compliance or technology audits based on industry standard frameworks and/or regulatory requirements
- Industry relevant certifications such as CBCP preferred. Other certifications such as CISSP CISM CISA considered.
- Experience with risk reviews assessments testing and/or evaluation of control environment risk mitigations and compliance with various industry standards and regulatory requirements
- Strong communication (verbal and written) skills with ability to present technical information in clear and concise manner to a variety of audiences; including technology SMEs senior management and/or regulators
- Ability to work under pressure and creatively solve problems
WORK ARRANGEMENTS:
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 13 days per week onsite while other days will be remote.
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 $USD for the market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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) Holidaysand 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* defined benefit pension plan* an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social pointsbased 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 during the application or interview process please contact
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.
#LITA
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 pointsbased 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
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 attributebased 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
IL70 W Madison St 9th FlEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking Control Frameworks Decision Making Group Problem Solving Operation Risk Management Risk Analytics Risk Assessments Risk GovernanceRequired Experience:
Manager
Employment Type
Full-Time
