Consultant, Risk Governance

CIBC•Toronto, ON

4d•Hybrid

About The Position

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. You’ll join our Governance Risk Controls team reporting into the Sr Consultant, Risk, Governance and Controls. As a Consultant Governance, Risk & Controls, you’ll work in growing area of the bank that manages operational risk, regulatory supervision, standardized testing, loss management, Global Technology, Data and AI. As part of the Governance & Controls team you’ll consult on material, systemic and emerging risks and support the implementation of integrated control improvement solutions across technology and distribution channels. In addition, you will be accountable for providing consultation on the development, analysis and implementation of process changes or other activities which support our partners achieve their strategic objectives while achieving compliance with the data management policies and standards. You’ll provide support of CIBC’s Control Framework to ensure compliance to regulatory, legislative, and operational requirements, including the efficient and effective management of deficiency remediation. You’ll act as the key relationship manager for the business and provide risk consultation and advise on governance initiatives for Global Technology, Data & AI (GTDAI).

Requirements

Experience in card and personal banking products line of business.
Understand key processes, including account opening, key product delivery processes and back office settlement/fulfillment processes.
Extensive knowledge of risk management principles, practices, policies and procedures.
Passionate about people. Find meaning in relationships, and surround yourself with a diverse network of partners.
Build trust through respect and authenticity.
Influence makes an impact. Know that relationships and networks are essential to success.
Inspire outcomes by making yourself heard.
Give meaning to data. Enjoy investigating complex problems, and making sense of information.
Confident in your ability to communicate detailed information in an impactful way.
Understand that success is in the details. Notice things that others don't.
Critical thinking skills help to inform your decision making.
Values matter to you. Bring your real self to work and live our values - trust, teamwork, and accountability.

Responsibilities

Relationship manager and collaborative consultant with business partners and 2nd and 3rd Lines of Defense for all matters relating to operational risk.
Manage relationships at peer or director level, as well as project and initiative managers, within the assigned LOB.
Represent Risk Governance on LOB initiatives.
Work closely with LOB partners to proactively identify risk exposures and control gaps.
Analyze and synthesize risk exposures, operational losses, root causes and control gaps.
Lead the assessment and recommendation of self-assessed deficiencies to mitigate risk exposures and control gaps.
Support the Change Initiative Risk Assessment (CIRA) process ensuring all high inherent risks are identified and compliant to the CIBC CIRA process.
Acts as the risk and controls Subject Matter Expert (SME), providing expert advice to Line of Business partners.
Participate in business, governance and regulatory projects, typically medium to highly complex initiatives, to identify risk and control issues.
Support all Internal Audits, Regulatory Compliance Risk Assessments , RCSAs and GORM Reviews for the LOB.
Provides consultation on audit scope review & finalization, requests for information, fieldwork support and deficiency management.
Provides ongoing risk advisory on management self-assessment processes, issue management, control design and implementation.
Participate in business, governance and regulatory projects to identify risk and control issues.
Consult on new initiatives from a risk and controls perspective.
Develop high level requirements for control processes and gaps within projects and new initiatives.
Analyze and/or develop changes to control processes or procedures.
Support all activities for the execution of the Control Framework requirements.
Support development of remediation action plans.

Benefits

competitive salary
incentive pay
banking benefits
a benefits program
defined benefit pension plan
employee share purchase plan
a vacation offering
wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development