Senior Quantitative Analyst, IFRS Stress Testing Models

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.

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What youll be doing

As the Senior Quantitative Analyst IFRS 9 & Stress Testing Models you will work under guidance of the Director and will be part of a team responsible for the design development documentation and implementation of Forecasting and Stress Testing Models for the Banks credit portfolios (retail and wholesale).

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

• Design and develop You will contribute to the design development documentation implementation use and monitoring of forecasting & stress testing models for the Wholesale and Retail credit portfolios.

• Use of models You will estimate potential losses and regulatory capital requirements under forecasted/stress scenarios for the Wholesale and Retail portfolios at the bank or business level for the purposes of (i) IFRS 9 Expected Credit Loss under forward looking information (ii) Internal Capital Adequacy Assessment Process (ICAAP) (iii) regulatory stress testing exercises and (iv) the assessment of risk at the business level.

• Analytics You will work on various ad-hoc credit risk analytics.

Who you are

• You can demonstrate experience in credit risk quantification (PD LGD and EAD) and time series modeling. You are proficient with SAS and its statistical procedures and techniques. Its an asset if you have knowledge of other statistical and programing tools such as Python.

• You have a degree. . or Ph.D. in a quantitative (finance economics statistics mathematics computer science) field.

• 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.

• You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.

• Youre digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

• 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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