Director, Quantitative Risk Modelling (Risk Analytics & Credit Decisioning)
About The Position
As part of CIBC’s Client Credit Risk Analytics group, you’ll join a team dedicated to developing advanced credit risk strategies that support sustainable performance and enhance the client experience. As the Director, Quantitative Risk Modeling (QRM), you’ll lead the planning, development, and execution of optimization models and strategies used across Risk Analytics & Credit Decisioning (RACD) portfolios—including Credit Cards, Unsecured Lending, RESL, Small Business, and Indirect Auto. You’ll guide a talented team, identify opportunities to deploy machine learning and artificial intelligence solutions, and deliver sophisticated analyses and recommendations to senior management. You’ll ensure robust model governance throughout the model lifecycle and collaborate with partners across risk, product, operations, and technology to maximize CIBC’s ability to proactively respond to market situations and new business opportunities. Your leadership and expertise will be instrumental in balancing risk and revenue tradeoffs, driving innovation, and supporting CIBC’s commitment to responsible risk management. 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
- Expert in quantitative analysis.
- Advanced degree (M.Sc. or Ph.D.) in statistics, mathematics, applied sciences, or a related quantitative field.
- Progressive experience applying advanced machine learning and AI solutions to retail risk management within a large, multi-dimensional organization.
- Deep knowledge of credit products, credit risk models, and the economic conditions influencing retail lending.
- Strong skills in statistical software and programming languages such as Python, R, or SAS.
- Comfortable with data visualization tools.
- Excellent communication and collaboration skills, excelling at translating complex analytical concepts for both technical and non-technical stakeholders.
- Thrive in cross-functional environments.
- Bring your real self to work and live CIBC values – trust, teamwork, and accountability.
Responsibilities
- Drive Model Innovation – Investigate, develop, and implement leading-edge AI and machine learning tools and techniques to enhance credit risk strategies.
- Lead Analytics Projects – Manage optimization and modeling initiatives, developing models that maximize risk/revenue tradeoffs and identify new predictive data and client characteristics.
- Ensure Model Governance – Establish methodologies to assess predictive power, maintain model integrity, and document findings for internal and external stakeholders, including regulators and auditors.
- Foster Team Excellence – Provide leadership and guidance to business unit staff, influencing employee commitment and supporting professional growth.
- Collaborate Across Functions – Engage strategically with partners in risk, product, operations, technology, and finance to optimize risk/revenue tradeoffs and support business growth.
- Promote Compliance – Ensure all team members adhere to CIBC and Line of Business policies, standards, guidelines, and controls.
Benefits
- Competitive salary
- Incentive pay
- Banking benefits
- Benefits program
- Defined benefit pension plan
- Employee share purchase plan
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
Ph.D. or professional degree
