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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
As the Director Business Controls youll join our Business Controls team reporting to the Senior Director Business Controls. Youll work on an exciting team that leads various business control functions establishing risk framework risk detection measurement and mitigation across all channels segments product and functional lead a consulting team in the overall mandate of Business Controls by supporting the management of materialand systemic and emerging operational risks for the CIBC Wealth Management portfolio.
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 1-3 days per week on-site while other days will be remote.
How youll succeed
Relationship Management Act as a key relationship manager and be a key contributor to the operational risk strategy. Utilize highly developed interpersonal and presentation skills to influence senior stakeholders in situations that require cooperation and/or consensus. Ensure senior management is kept apprised of material and emerging business risks by developing and recommending appropriate risk mitigation strategies. Provide proactive support to the assigned businesses throughout the various control processes such as GORM Compliance Internal Audits development of Risk and Control Self-Assessments Incident management. Develop and deliver regular risk and control reporting to senior management.
Risk Advisory Provide operational risk advice including proactive risk/control deficiency identification and ongoing review of control process/procedures. Continuously improve the efficiency and effectiveness of the control environment and key control processes. Lead manage and monitor various processes including control and compliance framework activities Risk and Control Self-Assessment (RSA/CSA) Deficiency Management Incidents Change Initiative Risk Assessment (CIRA) RCIs and RGTs. Identify and assess the results of control testing/failures to determine the nature extent and impact of the operational risk.
People Management Provide leadership and effective management of direct reports to influence employee commitment to the organization and their team by setting appropriate context when assigning work building team & individual capabilities managing performance with fair and accurate feedback and creating a positive work environment. Provide leadership and contribute to the success of the broader Business Controls team.
Who you are
You can demonstrate experience. 5 years in a senior risk business controls compliance or audit function within the financial services industry with extensive knowledge and experience in risk management principles practices policies and procedures including audit and business controls. You have a strong understanding of products and processes within Wealth Management. People leadership experience is a strong asset.
Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define whats possible.
You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because its the right thing to do.
You are a caring and accountable leader. Youre passionate about developing and coaching to bring out the best in people. You have led diverse high performing teams.
Values matter to you. You bring your real self to work and you live our values - trust teamwork and accountability.
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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* 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 23rd FloorEmployment Type
RegularWeekly Hours
37.5Skills
Business Controlling Business Risks Communication Company Policies Consulting Corporate Governance Fraud Management Leadership Operational Risks People Management Performance Management (PM) Regulatory Compliance Risk Framework Risk Management Risk Mitigation Strategies Risk Strategies Team Development Technical KnowledgeRequired Experience:
Director
Full-Time