We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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 CIBC.com What you’ll be doing CIBC’s Strategic Business Coverage team is part of Enterprise Risk Management and is responsible for supporting the lines of business on risk-related matters. Strategic Business Coverage identifies and manages strategic risks inherent to products and services and longer term business plans. You will be responsible for supporting the bank in identifying and managing its strategic risks, reporting to the Global Head of Strategic Business Coverage. At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 3 days per week on average on-site, while other days will be remote. How you’ll succeed Business Evaluation – Critically evaluate business specific strategies and new initiatives for strategic risk factors. Help coordinate the annual alignment analysis of the US Strategic Plan and the established risk appetite. Risk Assessment – Participate in various risk assessment processes, including the quarterly emerging and known strategic risk identification process, including preparing materials, researching metrics and trends and bringing your perspective. Effective Challenge – Review and challenge business initiatives, including new products and services, strategic plans, as well as legal entity, segment and product risk appetite statements. Report - Deliver regular risk reporting to senior management and various governance committees. Collaborate – Work closely with the first line on the annual refresh of the strategic risk appetite statement and related strategic risk metrics. Proactively assess strategic risk KRIs and work with stakeholders on breach action plans. Stay Informed - Escalate changes in best practices or regulatory expectations for strategic planning or strategic risk management. Assist in performing gap analyses for notable events. Relationship Building - Foster relationships across US strategic business units, becoming an advisor on risk-related matters and provide support where needed, including regulatory engagement. Who you are You demonstrate experience in risk management and governance, including risk identification, risk appetite setting and monitoring and can advise on best practices. Specifically you have at least 7 years of industry-relevant experience (e.g., Compliance, Risk, Business Management). You also may have familiarity with commercial banking, private wealth, or capital markets businesses and related products. You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You have the ability to support the program by synthesizing data and presenting it in a digestible and concise manner. You're driven to succeed. You’re motivated by accomplishing your goals and delivering your best to make an impact. Being proactive comes naturally to you, and you anticipate questions and next steps to see projects through to completion. You see the bigger picture. You are comfortable taking on ad hoc projects and operating in the unknown. You may not have all of the answers up front, but that doesn’t bother you. You are resourceful and know how to navigate a large financial institution. You embrace and champion change. You’re flexible and can pivot easily. You'll continuously evolve your thinking and the way you work in order to deliver your best. You are comfortable working independently and possess an entrepreneurial mindset. Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability. #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, 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 Mailbox.careers-carrieres@cibc.com 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. Job Location Toronto-81 Bay, 29th Floor Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Enterprise Risk Management (ERM), Reporting and Analysis, Risk Appetite, Risk Assessments, Risk Management, RiskMetrics, Risk Policies, Risk Reporting, Strategic Risk Management At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
