Consultant, Credit 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

What youll be doing

Enterprise Risk Management (ERM) establishes and provides an independent risk perspective strategic direction and leadership for various groups in ERM. One of the groups is Risk Data Management Office whose purpose is to promote and improve the value of risk data as a strategic asset within Risk Management. The core accountability of the Risk Data Management Office (RDMO) is to provide governance and oversight to support various risk systems as well as to execute risk data management processes across retail and wholesale credit risk data market risk and trading credit risk and operational risk data

As a Consultant for Credit Data Warehouse and Risk Solutions Delivery teamyou will ensure that Risk systems and data provide sufficient insight to support core risk reporting and analytics needs and business decisioning. You will manage the Retail and Wholesale Credit Data Warehouse for Credit Risk Dataand will also partner with the enterprise business stakeholders (Risk Management Capital Markets PBB Finance Treasury Internal and External Auditors) and Technology & Operations to deliver data and project solutions for calculation of the regulatory and economic capital and enable core risk reporting analytics as well as drive data quality improvement opportunities to changing regulatory direction and practices. Also the successful candidate will write business requirements (user stories) perform user acceptance testing to production deployment to deliver business- and regulatory-driven initiatives drive operational efficiencies and at the same time help in modernizing the legacy risk systems.

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

• Understanding and documenting requirements Work closely with business partners to gather complex business requirements and facilitate solution design discussions to ensure you meet project needs. Actively participate in Agile sprint reviews and backlog refinement.

• Analytical thinking Strong analytical problem solving and decision-making skills. Your experience should be sufficient to interpret risk measures regulatory reporting guidelines / principles to deliver accurate and complete results to both internal and external clients.

• Regulatory acumen Excellent understanding of the regulatory landscape will result in producing quality timely and accurate changes to CIBCs systems.

• Relationship building You have well-developed communication skills to facilitate development of good working relationships within CIBC. You understand that different audiences have different communication needs / preferences and can tailor appropriately.

• Time management You recognize that multiple deliverables can have competing timelines and pro-actively plan out to distribute activities and to ensure all deliverables are within expected timelines. You understand that time management also includes being cognizant of others time as well.

Who you are

• You have experience in credit risk warehouse project delivery and data governance. Its an asset if you have knowledge of retail and wholesale credit businesses and have knowledge of Risk-Weighted Assets (RWA) and Expected Credit Loss (ECL).

• You can demonstrate experience in taking high level requirements from external regulators and translating them into system changes that fulfil both internal and external reporting.

• You have a strong understanding of Basel II/III/IV Framework methodologies relevant financial standards (IFRS-9) and BCBS 239 requirements for risk data aggregation & reporting Capital Adequacy Reporting guidelines set out by OSFI (particularly Credit Risk) as well as how these are used within the bank.

• You are familiar with relational databases and data analytical tools such as SQL VBA Databricks SAS Oracle Cognos Power BI

• You understand that success is in the details.You notice things that others dont. Your critical thinking skills help to inform your decision making. You understand that even small changes can have far-reaching impacts.

• You act like an owner.You thrive when youre empowered to take the lead go above and beyond and deliver results.

• You have a graduate degree in Finance or other applicable discipline with exposure to machine learning coursework (Math Data Analytics Economics Finance Data Science). Its an asset if you have a risk certification/accreditation such as FRM or CFA

• Values matter to you. You bring your real self to work and 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities were actively recruiting for unless stated otherwise.

• 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 test (such as simulation coding French proficiency).

• We use artificial intelligence tools during the recruitment process. 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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