Sr Business Governance Controls & Managing Director

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

Responsibilities:

As a Sr. Business Governance Controls & Managing Director you will contribute to Commercial Banking goals and assist with the design and execution of line of business risk programs. The Business Risk Assessment and Measurement Lead will serve as a dedicated single point of contact to advise Commercial Banking on the assessment mitigation and measurement of Financial Strategic and Operational Risk.

The role is an individual contributor role on the Governance & Controls team within the first line of defense. The role will understand the Enterprise Risk Management (ERM) framework and act as the designated Risk Steward for Commercial Banking. The role will manage ERM activities with business segment heads to provide a holistic view of risk across Commercial Banking. 2025-LE-902

What Youll Be Doing:

• Leading and coordinating risk identification activities across front-line staff including organizing workshop and challenge sessions and inventorying/ documenting and rating risks and mitigations on behalf of the business
• Leading or supporting development and annual review/recalibration of line of business specific risk appetite/segment risk statements/product risk statements with a focus on emerging credit market operational and strategic risks
• Working with front-line staff and Risk Management to propose appropriate metric thresholds based on any available analysis of historic current or forecasted data
• Monitoring metrics owned by front-line staff based on required monitoring frequency
• Working with Governance & Controls team to respond to attestations management and board threshold breaches (e.g. root cause analysis action plan and timelines to address) and present information to management on behalf of the business
• Supporting Risk Management and front-line staff to ensure all new initiatives conform to risk appetite statements
• Identifying and building effective KPIs/KRIs to monitor front-line risks and define and source necessary data to develop and maintain KPIs/KRIs segment risk/risk appetite statements that monitor the right risks in the most meaningful way
• Championing data requirements and systems to support ongoing MIS and reporting enhancements
• Planning scoping and executing targeted reviews in consultation with the Risk Management department
• Providing advice and training on ERM framework on a day-to-day basis to front-line employees
• Participating in special projects as needed

To successfully perform the work you will be on-site full-time.

How Youll Succeed:

The successful candidate will exhibit CIBCs values of trust teamwork and accountability. The successful candidate will have a thorough understanding of commercial banking processes and related risks and controls through a mix of audit (internal or external) regulatory agency (FRB FDIC OCC) and/or advisory/consulting experience with large financial institutions or consulting firms. An ideal candidate will possess the following:

• Seven or more years of experience in commercial banking financial services consulting or related work experience
• Demonstrated experience building and executing first line or second line of defense enterprise risk management programs
• Strong research analysis problem-solving and decision-making skills with ability to identify commercial banking risks and issues for escalation to management as necessary
• Excellent collaboration and relationship-building skills as the role will work closely with line of business and executive management as well as members of other risk functions (e.g. Credit Risk Operational Risk)
• Superior time management skills with ability to effectively prioritize to meet deadlines in a dynamic and rapidly-changing environment
• Strong oral and written communication skills and the ability to communicate with all levels
• Coaching mentoring and/or training of junior risk professionals
• Proficiency with Microsoft applications including Word Excel and PowerPoint
• Data analysis and visualization skills using Excel or other analysis software
• Bachelor Degree in accounting finance or other business-related discipline
• Credit risk experience are a plus.

Risk & Compliance:

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leaderships identification and mitigation of risks in their daily responsibilities not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

• Following all aspects of the CIBC Code of Conduct as well as all applicable CIBC policies frameworks guidelines processes and controls
• At all times acting in accordance with our Purpose and shared values to achieve our Banks strategic goals
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
• Completing all annual Corporate Mandatory Training and Testing modules as well as any additional business-specific modules as required and employing the learnings in daily activities and undertakings
• Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e. HR management Ethics Hotline Whistleblower etc.) upon observing activities that may be inconsistent with CIBCs policies frameworks guidelines processes and controls
• Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients team members or other stakeholders
• Escalating matters that can result in adverse market practices and outcomes thereby negatively impacting CIBCs reputation as a leading financial institution.

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $125000.00 - $175000.00 for the 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.

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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* 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.

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