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You will be updated with latest job alerts via email$ 100000 - 115000
1 Vacancy
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
As a Consultant Business Effectiveness you will be responsible for assisting with the oversight of the Private Personal & Digital Banking (PP&D) line of business. You will work closely with PP&D Teams to ensure effective oversight of limits and metrics management within the framework processes policies and procedures as well as assist lines of business with adhering to limits metrics and risk management principles.
At CIBC we enable the work environment most optimal for you to thrive in your role.Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How Youll Succeed
In coordination with the various business leaders within PP&D determine appropriate metrics and limits for proper oversight of the business.
In coordination with various business leaders within PP&D manage the Segment Risk Statement (SRS) metrics throughout the year including reporting on breaches and related action plans.
Lead annual limit and SRS refresh process for PP&D.
In coordination with Credit Risk Management and the head of Consumer Lending participate in the US Region portfolio limits for credit concentration annual limit refresh for retail/consumer credit.
Monitor SRS quarterly working closely with Business Effectiveness team resources providing data.
Participate in quarterly metric and risk meetings presented by the Governance and Control team.
Execute on risk identification management throughout the year.
Propose new limits and metrics as necessary.
Participate in special projects as needed.
Who You Are
Demonstrate a thorough understanding and extensive knowledge of data analysis metric management oversight and portfolio management principles with large financial institutions or consulting firms.
Five or more years of experience in bank portfolio management through limits metrics and procedures.
Experience in Bank Operations and Credit or Credit Risk is strongly preferred. Commercial credit background is a plus.
Bachelors degree in business administration finance or other business-related discipline.
Experience in conducting operational risk oversight.
Excellent collaboration and relationship-building skills as you will work closely with line of business and executive management as well as members of both first and second lines of defense functions (i.e. Enterprise Risk Consumer Risk Credit Risk).
Ability to develop effective recommendations for mitigating identified limit and metric breaches and assisting the lines of business with remediation.
Strong oral and written communication skills and the ability to communicate with all levels.
Proficiency with Microsoft applications including Word Excel and PowerPoint.
Data analysis and visualization skills using Excel or other analysis software..
Project management experience is a plus.
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $100000 - $115000 for the Chicago IL 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* 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 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-120 S LaSalle StEmployment Type
RegularWeekly Hours
40Skills
Business Controlling Client Service Compliance Monitoring Group Problem Solving Project Management Regulatory Requirements Risk Management Assessment Work CollaborativelyRequired Experience:
Contract
Full-Time