Consultant, Business Risk Effectiveness

Not Interested
Bookmark
Report This Job

profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 14 hours ago
Vacancies: 1 Vacancy

Job Summary

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

In partnership with CBWM partners the role provides Subject Matter Expertise (SME) to Projects related to Governance Risk and Regulatory Controls for CBWM. Completinganalysis and proving project support while reporting to all levels of management to address changing and ongoing regulatory requirements and risks in conjunction with business needs of internal and external clients. You are curious and passionate about ensuring our CBWM Relationship Managers continue to be focused helping our clients achieve their ambitions while also meeting our regulatory and risk requirements. You are not afraid to challenge the status quo in a professional and productive way and want the opportunity todevelop creative solutions. The role exercises judgement in providing business support of needs for new regulatory initiatives and enhancements to business-as-usual actuals. The role will extend to participation in the development/execution of projects and progress updates to leadership.

The Consultant will also be relied as a subject matter expert identifying problems and resolutions and assessing the impact of proposed changes to CBWM. The role often operates in ambiguous situations and provides innovative original ideas accountable to broadly defined objectives. The ability to establish and maintain partnerships across CIBC is essential to success in the role.

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

  • Relationship Building - Build and maintain relationships with SMEs CBWM Partners and Enterprise-wide Governance Risk and Control teams.

  • Project Leadership - Act as the Subject Matter Expert (SME) for Governance and Controls providing support and collaboration on Project initiatives related to Regulatory changes. Partner with CBWM Leaders and Project stakeholders. Develop and execute on business unit specific strategy develop and maintain appropriate materials to support required deliverables.

  • Risk and Regulatory Management - Identify risk and control issues and participate in various regulatory and risk assessment activities and discussions. Develop detailed understanding summarize and efficiently understand the impact to our CBWM partners communicate assessments and impacts. Map business control processes support Regulatory initiatives and document various gaps and analysis.

  • Risk & Controls Consulting and Risk Remediation - Acts as risk and controls SME. Participates in governance and regulatory initiatives to manage risk and control issues. Consult on new initiatives from a risk and controls perspective. Support development of remediation action plans. Acts as SME where required to support deficiency owners in executing action plans. Compile Record and Submit evidence for deficiency or deviation closure.

  • Audit & Regulatory Governance (Internal / External) - Liaison with internal and external auditors. Gather audit and other examination evidence. Supports analysis required to respond to audit/exam findings. Coordinate meetings support all activities and act as the point of contact throughout the audit lifecycle. Support development of action plans post audit.

  • Know Your Client (KYC) Regulatory Requirement: Administration of KYC penalties associated with overdue KYCs for Wood Gundy Investment Advisors creating KYC penalty reports for Wood Gundy leadership team and billing team on a monthly basis and managing KYC penalty exception requests in alignment with regulatory obligations and internal risk management policies.

  • Reporting and Analytics - Perform analysis and produce reports periodically and ad-hoc.

  • Governance & Controls Framework - Contribute to development execution and maintenance of CBWM Business Effectiveness Governance Risk and Control Framework. May require providing additional support for activities related to Business Continuity Service Continuity Review of Standards etc. from time to time.

  • Process Optimization - You will act as a subject matter expert and collaborate with the Process Optimization Team to provide guidance in the design and implement of process changes across the Wealth Management businesses with a focus on simplification consolidation and/or automation of high impact opportunities to drive frontline productivity lift while ensuring processes remain aligned to our risk appetite and adhere to regulatory requirements.

  • Procedure and Knowledge Management - You will act as a subject matter expert and collaborate with senior members on the Business Effectiveness Team to develop and maintain effective procedures and knowledge management systems contributing to business risk effectiveness to ensure compliance and operational efficiency. Great effort will be to ensure the procedures are up-to-date simple and concise. Use of CIBC Artificial Intelligence (CAI) will assist to simply procedures or provide alternative solutions.

Who You Are

  • Youre passionate about people.You find meaning in relationships teamwork and enjoy collaborating with a diverse network of partners. You build trust through respect and authenticity.

  • You put our clients first. You engage with purpose to find the right solutions. You are curious and go the extra mile because its the right thing to do.

  • Youre driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.

  • Your influence makes an impact.You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

  • Youre a passionate change Leader. You have experience developing or customizing processes procedures tools and templates to help our business manage risk.

  • Youre an owner and an advocate: You take pride representing CBWM from a Governance and Controls perspective as a Single Point of Contact (SPOC) for various bank-wide regulatory programs. Influence stakeholders using a data-driven risk-based approach tocommunications.

  • You give meaning to data. You enjoy investigating complex problems and making sense of information. Youre confident in your ability to communicate detailed information in an impactful way.

  • 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 16th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking Business Effectiveness Client Service Communication Detail-Oriented Process Improvements Relationship Management Teamwork

Required Experience:

Contract

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 meaningf...
View more view more

Key Skills

  • Access Control System
  • B2C
  • Business Analysis
  • Data Structures
  • Affiliate Marketing
  • Loans

About Company

Company Logo

Bank on your terms with CIBC – whether it’s in person, over the phone or online, CIBC has you covered.

View Profile View Profile