Director, Operational Risk

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

How youll succeed

• Independent Challenge Challenge the business lines operational risk and control assessments and recommendations including the review of operational incidents change initiatives risk assessments(CIRA) and risk & control self-assessments (RCSAs). As a second line of defense for the management of operational risk this role requires a deep understanding of assigned Functional Groups (Treasury Finance Risk Management and Internal Audit) as well as the ability to challenge senior employees of the Bank in a constructive manner.

• Advisory Support Collaborate with business units functional groups risk associates and control groups to ensure that operational risk and control policies procedures and standards are understood and properly implemented. As a subject matter expert facilitate and support managements use of various risk and control identification and assessment tools (e.g. external event reviews incident reports CIRAs RCSAs etc.). The role also provides input into refining and improving risk assessment tools and controls as part of a continuous improvement process utilizing industry standards as applicable.

• Proactive Oversight Identify material and emerging risks through proactive Risk Reviews and monitoring of Key Risk Indicators (KRI) and External Events utilizing industry knowledge and professional networks as appropriate. Effectively communicate areas or concern to ensure appropriate risk mitigation actions are taken.

• Partnership Build effective working relationships with assigned businesses as well as control groups and other risk associates. Add value to business partners by providing advice on the management of operational risk and controls including risk mitigation strategies. Promote a controls and operational risk culture which includes managing senior internal relationships to promote acceptance and implementation of operational risk and control framework programs.

• Leadership - Provide leadership to colleagues in GORM by: Setting appropriate context when assigning work; Building team and individual capabilities; Managing self and team performance; Creating a positive work environment; and Promoting compliance with policies standards guidelines and controls.

Who you are

• You demonstrate experience in Treasury Finance Risk Management and Internal Audit with a deep understanding of relevant operational risks obtained through a combined minimum of 5 years working in one or more of the following areas:

  • Corporate Treasury having exposure in processes and products (Capital Management Funding & Liquidity Management Trading Balance Sheet Hedging Financial/Regulatory Reporting etc.) technology systems used key sources of operational risks within respective processes or trade lifecycle

  • Financial Reporting or Accounting

  • Risk Management having exposure to risk management methodologies and effective challenge

  • Internal Audit or similar controls and governance role.

• Its an asset if you have experience with Operational Risk Management methodologies and tools such as Incident Reports CIRAs RCSAs and KRIs.

• Youre passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through personal effectiveness clear and concise communications respect for peers superiors and business partners and personal authenticity.

• You love to learn. Youre passionate about growing your risk/business knowledge and you know that there is no limit to what you can achieve.

• You understand that success is in the details. You notice things that others dont utilizing a combination of your risk management or business experience and product/process knowledge. Your critical thinking skills help to inform your decision making. Youre also able to see the big picture and understand how the details play in.

• Your influence makes an impact. You have a strong appreciation for business objectives and can balance them effectively with your risk oversight and independent challenge mandate. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

• Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.

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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* 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.

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