Sr. Director, Third Party Risk
Sr. Director, Third Party Risk
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
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 Sr. Director Third Party Risk Management will be responsible for the organizations enterprise services for Third Party Risk. The Sr. Director will ensure Third Party risk processes reflects regulatory expectations and emerging risks while maintaining alignment of strategy with CIBC business objectives and risk tolerance.
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
- Delivery - Oversee the delivery of the enterprise-wide Third Party risk management capability including risk assessments risk management reporting and consulting. Manage compliance programs to address new regulatory requirements and emerging expectations interfacing with the relevant business and compliance teams as required to obtain required funding and sponsorship. Direct and lead multiple projects and initiatives related to enterprise-wide Third Party risk management including use of tools to improve quality and efficiency of reporting.
- Planning (strategic and tactical) - Develop plans for improvement of the Third Party risk management processes and oversee the implementation of risk process automation as required to support the processes.
- Internal and external relationship management - Maintain relationships with technology business risk and compliance stakeholders ensuring that stakeholders are engaged at both the executive and management level. Establish and maintain key vendor relationship for the purpose of enhancing in house risk capabilities.
- Measurement & Reporting - Develop and oversee a set of metrics reports and service-level agreements (SLAs) to govern risk management activities. Manage content and presentation of third party risk reports ensuring consolidation of supplier and risk data from various internal stakeholders.
- Integration - Ensure effective integration of third party risk processes into other Enterprise Risk Management processes.
- Leadership and Team Management- Provide leadership and effective management of business unit staff to influence employee commitment to the organization to the team and to their job. Setting appropriate context when assigning work to ensure that individuals roles support the achievement of the business units priorities and CIBCs overall goals; Building team and individual capabilities by providing development opportunities such as job shadowing special projects and training. Managing performance by providing fair and accurate formal and informal feedback identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities. Creating a positive work environment and being an effective role model by championing CIBCs mission vision and values. Ensuring compliance with policies standards guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect and hiring the right people in the right jobs to align individual capabilities with job requirements and business unit goals.
- Strong communicator: You have the drive and ability to deliver risk content and messaging to Senior Leadership building innovative content and communication that demonstrates your command of language clarity of thought and orderliness of presentation. You have the ability to synthesize supplier risk content and simplify down to key messages.
Who You Are
- You can demonstrate experience in Risk management. You have knowledge of processes tools and techniques for assessing and controlling an organizations exposure to risks of various kinds; ability to apply this knowledge appropriately to diverse situations. You have knowledge and ability to use and administer the organizations practices standards and procedures. You have knowledge of technologies and technology-based solutions dealing with risk management. You have knowledge of processes tools techniques and practices for assuring adherence to standards associated with the reliability of supplier services provided to the organization. You can monitor the evolution the vendor management industry leading practices and regulatory environment understanding the impacts of the changes and ensure that appropriate risk mitigation plans are in can maintaining an enterprise communications and awareness strategy working with several diverse organizational stakeholders.
- You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best. Ability to apply and assess the impact of change management principles to initiatives of variable sizes and degrees of complexities on business financials and performance.
- You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.
- Youre passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
- 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 19th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Third Party Risk ManagementRequired Experience:
Director
Employment Type
Full-Time
