Manager, Non-Model Quantitative Methods

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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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The Manager of Non-Model Quantitative Methods is accountable for supporting the Director Model Governance in the following activities:

Own and evolve CIBCs enterprise-wide governance framework for non-model quantitative tools (Model Risk-Sensitive Applications or MRSAs) high-impact quantitative tools that fall outside the traditional model taxonomy but drive pricing valuation capital liquidity and stress-testing decisions or support existing models with key upstream or downstream tasks. You will provide strategic direction and advice to application owners and technology stakeholders interface with regulators and ensure that all MRSAs meet or exceed internal policy requirements and external regulatory expectations (e.g. OSFI E-23 SR 11-7 OCC 2011-12).

What Youll Be Doing

1. Strategic Governance & Framework Development

• Develop refine and socialize the bank-wide policy for MRSA identification classification independent review and controls for life-cycle management.
• Oversee risk-tiering criteria materiality thresholds review frequencies and escalation processes.
• Ensure alignment with broader MRM and Technology governance standards.

2. Oversight of Validation & Independent Review

• Review and challenge classification and risk rating of MRSAs.
• Oversee independent review processes covering conceptual soundness data quality processing logic and output accuracy.
• Coordinate and track independent reviews performed by the Model Risk Management team.
• Track ongoing compliance with independent review requirements escalating overdue reviews.

3. Regulatory & Policy Compliance

• Act as primary liaison for external and internal examiners on matters related to MRSAs.
• Prepare executive-level briefings board reporting and attestation packages demonstrating compliance.
• Track evolving regulatory guidance and lead MRSA related policy and procedures updates in response.

4. Risk Reporting & Issue Management

• Own the inventory of MRSAs ensuring completeness and real-time accuracy.
• Present quarterly risk dashboards and thematic findings to the Model Risk Management Committee.
• Execute timely closure of audit and regulatory findings related to MRSA.

5. Stakeholder Engagement & Advisory

• Partner with Front-Office Risk Treasury Finance and Technology leaders to embed control requirements early in tool development.
• Deliver targeted training and awareness sessions to promote a strong risk culture.

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES

• As an employee of CIBC the incumbent must comply with all applicable CIBC and Line of Business policies standards guidelines and controls.

AUTHORITIES/DECISION RIGHTS

• As a key contributor to the business unit this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.

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 3 days per week on-site while other days will be remote.

Who You Are

• Successful candidates must exhibit CIBCs values of trust team work and accountability
• 5 years experience in end-user computing technology management model risk management quantitative validation or financial risk engineering within a large financial institution.
• 5 years experience interpreting complex financial industry regulations and extensive experience with SR 11-7 compliance.
• Knowledge of credit risk market risk liquidity risk and financial products.

California residents your privacy rights regarding your actual or prospective employment

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $110000- $126900 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. #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* 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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