Senior Manager, Cyber Risk, Compliance & Reporting
Senior Manager, Cyber Risk, Compliance & Reporting
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Job Description
Were 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
The Senior Manager Cyber Risk Compliance & Reporting is an experienced professional responsible for fulfilling CIBCs second line of defense mandate to support effective management of cyber security risk & delivery of comprehensive cybersecurity risk reporting across the organization.
The role works closely with the First Line of Defense (1LoD) to gather analyze and report on cyber risks identified through controls deficiency management regulatory risk assessments and challenge risk mitigation/treatment plans. The role requires a deep understanding of risk reporting practices regulatory requirements and risk management practices with a primary focus on creating actionable insights through data-driven reporting. The successful candidate will collaborate with cross-functional teams to collect analyze and present key metrics ensuring alignment with CIBCs risk appetite as well as regulatory expectations. In addition the role involves review and reporting of cybersecurity risks related to regulatory landscape understanding the associated inherent and residual risk of various regulations such as (but not limited to) OSFI B-13 DORA GDPR and collaborating with relevant 1st LoD teams to advise on risk-based prioritization and drive remediation.
The role also expects strong interpersonal communication and problem-solving skills to present conclusions to senior audiences as well as keeping abreast with latest security threats and industry trends.
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. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How youll succeed
Cybersecurity Reporting
Develop and manage comprehensive reporting processes including dashboards Risk Appetite Statements (RAS) Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs).
Draft well-structured and insightful cyber risk statements emerging risk outlooks and risk appetite commentary.
Deliver meaningful insights into the organizations cybersecurity risk posture through data analysis and visualization.
Prepare board-level and executive reports detailing cyber risks compliance statuses and significant events affecting regulatory requirements.
Create and maintain reporting templates and processes to ensure consistency accuracy and efficiency in delivering insights to stakeholders.
Collaborate with internal teams to gather data on cybersecurity controls incidents and remediation efforts ensuring timely and accurate reporting.
Monitor and report on trends in cyber threats vulnerabilities and regulatory developments providing actionable recommendations to senior leadership.
Ensure reporting aligns with industry standards and regulatory requirements including OSFI B-13 DORA GDPR PIPEDA SWIFT CSP and NIST CSF.
Information Security Risk Policy and Control Reporting
Develop and maintain reporting on the effectiveness of cybersecurity risk policy and control mapping ensuring alignment with global standards such as NIST CSF 2.0 ISO 27001.
Regularly review and update reporting processes to reflect changes in the regulatory landscape organizational priorities and technological advancements.
Cyber risk Review & Challenge: Act as a 2nd LOD and be able to effectively challenge and provide guidance on a wide array of cybersecurity controls and design requirements such as Data security controls Vulnerability & Threat Management Identity & Access Management Logging & Monitoring for various security attestations and cyber risk assessment and maturity scorecard programs.
Regulatory Compliance Monitor regulatory updates and implement changes to align with financial institution regulations (e.g. OSFI SWIFT CSP).Ensure timely and accurate submission of regulatory filings (such as new and existing Regulatory Developments) related to cybersecurity and information risk.
Audit and Assessment Support: Support internal and external audits by ensuring accurate documentation of control environments risk management practices and compliance activities. Monitor remediation of audit findings ensuring timely resolution and sustainable control implementation
Policy Creation and Management: Develop implement and maintain information security and risk policies (ISRP AUP) ensuring alignment with global standards such as NIST ISO 27001 and COBIT and various Industry recognized frameworks. Regularly review and update policies to reflect changes in the regulatory landscape organizational priorities and technological advancements. Collaborate with internal stakeholders to ensure the effective adoption of policies and promote a culture of compliance.
Data-Driven Reporting: Demonstrate expertise in collecting analyzing and presenting cybersecurity data to provide actionable insights for decision-making.
Regulatory Awareness: Stay informed of regulatory requirements and ensure reporting processes align with expectations from bodies such as OSFI DORA GDPR and SWIFT CSP.
Innovation: Continuously improve reporting processes by leveraging automation data visualization tools and best practices.
Critical thinking skillsto evaluate the impact of identified security vulnerabilities and drive attack surface reduction.
Effective communications Demonstrates clarity of thought in both written and verbal communications and develops and delivers strong and simplified reporting content and presentations.
Relationships Builds and sustains strong internal relationships and is viewed as a valued partner that offers sound and pragmatic guidance demonstrates a deep understanding of their environment and context and facilitates productive risk discussions and outcomes.
Collaboration TI&I Operational Risk is a highly matrixed team building upon cross functional strengths of all teammembers. Therole leverages strong communication interpersonal skills and teamwork to build and sustain strong internal relationships within Risk Management Information Security technology business units and other enterprise functional groups.
Who you are
Years of Experience At least 10-12 years of experience in cybersecurity and information risk with expertise in cyber risk reporting and regulatory compliance.
It is an asset to have direct Cyber risk Insights and reporting experience within the financial industry.
Strong knowledgeof Cybersecurity risk reporting practices as well as cyber regulatory risk reporting.
Cooperative and innovativeentrepreneurial team player with mature judgment strong interpersonal skills and original approaches to problem resolution
Deals with ambiguityand is exceptionally adaptable and flexible
Thinking out of the boxto make processes more efficient focusing on bringing in automations and simplifications
You give meaning to data.You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
Managing multiple activitieswith varying complexity in a sophisticated matrix environment organization while under time constraints
Maintaining productive and collaborativerelationships with internal and external sources colleagues and others to obtain provide verify and discuss information and best practices
Values matter to you.You bring your real self to work and you live our values - trust teamwork and accountability
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 29th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Analytical Thinking Cyber Risk Data Cybersecurity Controls Cyber Security Governance Cybersecurity Policy Cybersecurity Risk Management Cyber Security Standards Group Problem Solving Information Security Metrics Reporting NIST Cybersecurity Framework (CSF) Regulatory Risk Risk Monitoring Risk Reporting Technical KnowledgeRequired Experience:
Senior Manager
Employment Type
Full-Time
