Associate, Quantitative Rotational Program (QRP)

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

Whatyoullbe doing

Join our Quantitative Rotational Program (QRP) as an Associate and make a real difference for our clients. This isa great opportunityto work under the leadership of our quantitative teams within Risk Management and Internal Audit. As a QRP Associate you will be provided with the opportunity to gain comprehensive experiences in developingvalidating implementingmanagingand auditingvarious typesof models.

Youllbe part of atwo-yearprogram that consists of four six-month rotations through various quantitative departments within CIBC that will provide you with the necessary experience and exposure to become an effective leader.

During your rotations you will be part of the Quantitative Risk Model Quantification and Model Validation within Risk Management Model Risk teams within our Internal Audit you have successfully completed the program you will beassistedin securing a permanent role preferably in one of the quantitative departments you worked with during your a QRP Associate you will be part of a team that focuses on designing tools and reports to make the analysis process more efficient and an opportunity to prepare management summaries describing the mathematical analytics of models validation techniques test results and model limitations including recommendations for further improvements.

Youllperformanalyzeand document thecalibrationand parametrization of the models useddefineandmonitorcontrols to ensure the appropriateness of the parameters used along with running back testing for models and analyze the impact of model behavior on risk management measures as well as the impact of changes in capital from the model performance and how they affect the business.You will also have a chance toassistin the development and testing of new modelling methodologies and effectively challenge these models through benchmark modelling and model validation. Additionally we will look to you to provide assurance with respect to governance the control environment and compliance with regulatory requirements around model risk management through participating model specific and model governance audits and managing small and less complicated audit assignments and initiatives.

Important Information

• You are a new graduate of a Mastersor PhD degree in related Engineering Mathematics Statistics Physics etc. or will graduate from a quantitative Masters or PhD program in 2026.

• Work Location: Toronto(exact location to be decided during interview).

• Duration of Program: 2 years (four 6-month rotations).

• Available start dates are inMarch Oct 2026 (exact date to be confirmed during interview stage).

• This job posting closes on Dec 14 2025.

• Please include your resume (no more than 2 pages) a cover letter (no more than 1 page) and your current/most recent unofficial transcript with your application.*Please upload all documents as ONE PDF file into the Resume section of your application.

Howyoullsucceed

• Project ManagementManageassignmentsthrougheffectiveplanning executioncollaborationand communication to ensuretimelydelivery of high-quality results.

• Risk FocusedUnderstand the importance of maintaining and evolvingprocesses and controltomitigatemodel risksarising froman ever-changing as a champion for existing processes working with key stakeholders and partners.

• Communication and Relationship Management Build and develop relationships with key business contactsgovernancefunctionsandoversight groupsto becomeatruepartnerto the business.

• Passion Prove yourriskfocus and passion bydemonstratingcontinuous improvementideas that will enable CIBCsmodel risk management practicesto stand out intodays competitivelandscape.

Who youare

• You candemonstrateexperience. Inthe use of mathematical statistics computer science and statistical techniques such as predictive modeling analytics machine learning and artificial intelligence (AI).

• You remained effective in continuous learning when developing knowledge in business areas e.g. regulatory capital fraud and anti-money laundering and advancing modelling techniques e.g. various types of AI models including generative AI large language models and natural language processing

• You give meaning to data.You enjoy investigating complexproblems andmaking sense of information.You communicate detailed information in a meaningful way.

• You know that details matter. 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.

• You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.

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

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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