Sr Business Governance Controls & Managing Director

Summary

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.

Responsibilities

As a Sr. Business Governance Controls & Managing Director, you will contribute to Commercial Banking goals and assist with the design and execution of line of business risk programs. The Business Risk Assessment and Measurement Lead will serve as a dedicated single point of contact to advise Commercial Banking on the assessment, mitigation and measurement of Financial, Strategic and Operational Risk.

The role is an individual contributor role on the Governance & Controls team within the first line of defense. The role will understand the Enterprise Risk Management (ERM) framework and act as the designated “Risk Steward” for Commercial Banking. The role will manage ERM activities with business segment heads to provide a holistic view of risk across Commercial Banking. 2025-LE-902

What You’ll Be Doing

• Leading and coordinating risk identification activities across front-line staff including organizing workshop and challenge sessions and inventorying / documenting and rating risks and mitigations on behalf of the business
• Leading or supporting development and annual review / recalibration of line of business specific risk appetite / segment risk statements / product risk statements with a focus on emerging credit, market, operational and strategic risks
• Working with front-line staff and Risk Management to propose appropriate metric thresholds based on any available analysis of historic, current or forecasted data
• Monitoring metrics owned by front-line staff based on required monitoring frequency
• Working with Governance & Controls team to respond to attestations, management and board threshold breaches (e.g. root cause analysis, action plan and timelines to address) and present information to management on behalf of the business
• Supporting Risk Management and front-line staff to ensure all new initiatives conform to risk appetite statements
• Identifying and building effective KPIs / KRIs to monitor front-line risks and define and source necessary data to develop and maintain KPIs / KRIs segment risk / risk appetite statements that monitor the right risks in the most meaningful way
• Championing data requirements and systems to support ongoing MIS and reporting enhancements
• Planning, scoping and executing targeted reviews in consultation with the Risk Management department
• Providing advice and training on ERM framework on a day-to-day basis to front-line employees
• Participating in special projects as needed

To successfully perform the work, you will be on-site full-time.

How You’ll Succeed

The successful candidate will exhibit CIBC’s values of trust, teamwork, and accountability. The successful candidate will have a thorough understanding of commercial banking processes and related risks and controls through a mix of audit (internal or external), regulatory agency (FRB, FDIC, OCC), and / or advisory / consulting experience with large financial institutions or consulting firms. An ideal candidate will possess the following :

Risk & Compliance

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring / assessments. We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes :

Benefits & Compensation

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $125,000.00 - $175,000.00 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s 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.

What CIBC Offers

What You Need to Know

Job Location

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Credit, Credit Analysis, Credit Monitoring, Finance, Risk Management

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