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You will be updated with latest job alerts via emailWere building a relationship-oriented 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
What youll be doing
Global Operational Risk Management (GORM) is CIBCs 2nd Line of Defence group responsible for overseeing global operational risk exposures through the Operational Risk Management and Control Frameworks. As part of GORM the Operational Risk Management and Control Programs (ORMCP) team designs implements trains and builds awareness and monitor risk management practices to ensure operational risks are identified assessed and mitigated effectively.
As the Senior Risk Manager of the Risk Insights and Reporting team within ORMCP you will play a key role in risk identification programs supporting the process of assessing understanding and confirming risks on a business units operations transactions and emerging risks to ensure operational risks are proactively identified and managed. The Senior Risk Manager will lead and manage the Risk Review Program including efforts to continuously enhance the Programs approach tools and methodologies. This Program is utilized in GORM to identify and measure risks as well as assess the effectiveness of a business units operational risk management strategies and activities on specific topics. In addition the Senior Risk Manager will play a pivotal role in providing key support to the Scenario Analysis Program. Scenario Analysis is used to manage operational risk through robust knowledge obtained from expert opinion of business line management and subject matter experts to identify potential operational risk events and assess their outcome and where appropriate identify actions to mitigate the risk exposures. The Senior Risk Manager will execute the Program by performing end to end scenario analysis which includes conducting research interviews and workshops writing comprehensive reports and presenting the outcomes/findings to management. The Senior Risk Manager will also provide key support in managing and executing the Operational Risk Incident Reporting Program. Incident Reporting allows businesses a structured approach to analyze material operational risk incidents identify and assess the root causes of the operational breakdowns evaluate the effectiveness of existing controls and develop remediation actions. The incidents are reviewed at the Risk Assessment Review Committee (RARC) on a regular basis.
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 2-3 days per week on-site while other days will be remote.
How youll succeed
Collaboration and relationship building Foster strong relationships across GORM and with business partners to create a collaborative environment that drives actionable risk insights and recommendations. Work towards achieving business objectives while effectively mitigating risk. Proactively cultivate new relationships to develop innovative solutions that align with shared goals.
Initiative-taking and Analysis Proactive and take a forward-thinking approach to researching and analyzing data and trends identifying key themes and opportunities for improvement. Demonstrate in navigating ambiguous situations and unfamiliar topics by uncovering patterns establishing connections and generating actionable insights.
Effective communication Exhibit clarity of thought in both written and verbal communications. Facilitate productive risk discussions and driving meaning outcomes. Develop and deliver strong reporting and presentations tailored for business stakeholders and GORM management.
Critical thinking Leverage strong critical thinking to assess complex situations identify potential risks and develop actionable solutions. Use a structured approach to problem-solving and decision-making ensuring alignment with organizational goals and regulatory requirements.
Risk Management Demonstrate a sound knowledge of risk management principles and the factors that contribute to risk. Effectively assess measure and monitor risk in alignment with CIBCs guidelines ensuring a balanced approach to risk mitigation and business success.
Who you are
You can demonstrate experience in Risk Management. Its asset if you have experience in identifying trends and leading enterprise-wide programs and collaborating with diverse stakeholders.
You understand banking products services regulatory requirements and operational risk processes. Experience in Financial Analysis or Business Controls is an asset.
You act like an owner. You thrive when youre empowered to take initiative go above and beyond and deliver results.
You give meaning to data. You can demonstrate strong analytical problem-solving and influential skills You enjoy investigating complex problems and making sense of information. Youre confident in your ability to communicate detailed information in an impactful way.
You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.
Youre motivated by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
You love to learn. Youre passionate about growing your knowledge and you know that there is no limit to what you can achieve.
You embrace and champion change. Youll continuously evolve your thinking and the way you work to deliver your best.
Values matter to you. You bring your real self to work and you live our values - trust teamwork and accountability.
#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* 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.
*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 attribute-based assessment and other skills tests (such as simulation coding French proficiency 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
Toronto-81 Bay 31st FloorEmployment Type
RegularWeekly Hours
37.5Skills
Analytical Thinking Communication Control Frameworks Decision Making Group Problem Solving Management Reporting Operation Risk Management Regulatory Compliance Risk Analytics Risk Assessments Risk Governance Stakeholder ManagementRequired Experience:
Exec
Full-Time