Director, Financial Crisis Management

CIBC•Toronto, ON

1d•Hybrid

About The Position

As a Director, you will report to the Senior Director of the Financial Crisis Management Group. This position plays a pivotal role in advancing the ongoing modernization initiatives and ensuring regulatory compliance of CIBC’s financial crisis management plans. The incumbent will be accountable for leading the design and execution of a range of deliverables and capabilities that are integral to the Bank’s Recovery Plan and Resolution Plan regulatory submissions. The responsibilities of this role frequently involve collaborating with multiple internal stakeholders and subject matter experts to develop new capabilities, maintain alignment of existing capabilities with regulatory expectations, and ensure that all processes accurately reflect CIBC’s current operating environment. The role places significant emphasis on producing high-quality, detailed documentation; designing and executing tests to demonstrate crisis management capabilities; and developing/presenting materials to executives, stakeholders, and regulatory bodies. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Requirements

Extensive experience in financial services, with a focus on Treasury, Finance, and Risk Management.
Understanding of global regulatory requirements (Basel III, FSB), liquidity management, OSFI’s Recovery Planning and CDIC’s Resolution Planning requirements and related deliverables.
Excellent collaborator, utilizing superb communication and interpersonal skills to work effectively with cross-functional teams and regulatory authorities.
Strong organizational skills to support effective project planning and ensure alignment with regulatory requirements and organizational objectives.
Demonstrate a high degree of accountability by proactively addressing issues, following through on commitments, and delivering results that support organizational goals and regulatory requirements.
Analytical Thinking
Business Collaboration
Business Continuity Management (BCM)
Business Risk Assessments
Continuous Improvement Techniques
Group Problem Solving
Regulatory Requirements
Researching
Risk Management and Mitigation

Nice To Haves

Having experience in multiple banking functions (e.g., risk management, liquidity etc.) or a variety of roles within the financial industry is highly valuable.
Keen interest in the Treasury function, Liquidity Management.
Solid knowledge of financial products across all asset classes.

Responsibilities

Leading the design and execution of a range of deliverables and capabilities that are integral to the Bank’s Recovery Plan and Resolution Plan regulatory submissions.
Collaborating with multiple internal stakeholders and subject matter experts to develop new capabilities, maintain alignment of existing capabilities with regulatory expectations, and ensure that all processes accurately reflect CIBC’s current operating environment.
Producing high-quality, detailed documentation.
Designing and executing tests to demonstrate crisis management capabilities.
Developing/presenting materials to executives, stakeholders, and regulatory bodies.
Provide leadership within the Financial Crisis Management Group by overseeing the organization, coordination, and delivery of assigned areas of responsibility, which frequently involve facilitating cross-functional collaboration.
Develop and maintain strong relationships with internal partners and stakeholders across various business units to facilitate effective end-to-end process management, and deliverable completion.
Proactively staying informed of applicable regulatory guidance and industry developments to understand potential impacts to recovery and resolution capabilities.
Draft high-quality documentation to support recovery and resolution regulatory submissions, and executive-level presentations in PowerPoint to effectively communicate findings, methodologies, and recommendations to internal stakeholders and regulators.
Consistently manage multiple deliverables simultaneously, utilizing strong organizational skills to ensure deadlines are met and effectively coordinating contributions from various internal departments and project stakeholders.
Understand, and convey recovery and resolution requirements to support data analysis and quantitative analysis discussions.
Identify opportunities, and establish initiatives to further enhance recovery and resolution planning capabilities.

Benefits

competitive salary
incentive pay
banking benefits
a benefits program
defined benefit pension plan
an 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