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
As part of the US Credit Model Management team youll play a pivotal role in advancing CIBCs credit risk management capabilities. As a Senior Consultant Quantitative Risk Modelling youll leverage quantitative analytics and emerging technologies to deliver data-driven insights drive innovation and ensure robust risk controls. Youll be responsible for the governance monitoring and performance evaluation of credit risk management models and analytics ensuring they meet internal standards and regulatory requirements. Youll work independently on complex assignments collaborating with cross-functional teams to develop refine and implement best-in-class risk modelling practices. Youll also partner with Head Office and Lines of Business to support model development and ensure alignment with organizational objectives.
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.
How youll succeed
Credit risk modelling and analytics Develop maintain and monitor quantitative credit risk models to support underwriting portfolio management and reporting. Analyze portfolio trends and risk exposures to inform management decisions and support regulatory requirements.
Stakeholder engagement and communication Serve as a trusted advisor to business partners providing expert insights on credit risk issues and model outputs. Clearly communicate technical concepts and recommendations to both technical and non-technical stakeholders including senior management.
Leadership and development Provide guidance coaching and support to team members on credit model risk management practices. Promote a culture of accountability integrity and continuous improvement.
Compliance and risk culture Ensure all activities adhere to CIBCs policies regulatory requirements and risk management frameworks. Proactively identify escalate and mitigate risks and participate in audits and regulatory reviews.
Who you are
You have a Bachelors degree in Business Finance Statistics Mathematics or a related quantitative discipline; advanced degree (e.g. MSc PhD) preferred.
You have 10 years of progressive experience in credit risk management and quantitative modelling within financial services.
You have demonstrated expertise in developing maintaining and monitoring credit risk models using statistical and machine learning techniques.
You have deep understanding of relevant regulatory requirements (e.g. CCAR Basel SR 11-7) and industry best practices.
You have technical expertise. Youre proficient with programming languages and analytical tools such as Python R SAS SQL DevOps and data visualization platforms.
Values matter to you. You bring your real self to work and you live our valuestrust teamwork and accountability.
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 $130000- $145000 for the market based on experience qualifications and location of the position (salary range varies based on the location which will be discussed at the time of the interview). 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) Holidays and 401(k) in addition to other special perks reserved for our team members. #LI-TA
*This job is not eligible for employment sponsorship*
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.
Job Location
IL-120 S LaSalle St 8th FlEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking Credit Risks Decision Making Group Problem Solving Model Analysis Regulatory Requirements Risk Models Risk Monitoring Risk QuantificationRequired Experience:
Senior IC