AMD, Governance and Controls Advisor

Canadian Imperial Bank of Commerce • Chicago, IL

2d • $105,000 - $112,000

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. To learn more about CIBC, please visit CIBC.com What You Will Be Doing As a member of the US CRE Governance & Controls Team, you will contribute to monitoring and reporting of risk in the US CRE portfolio. This will include data aggregation, analysis, and visualization; creation and design of reporting; and presentation of materials to senior management. Reporting encompasses internal portfolio data and external economic and market data. Persons in this role not only publish metrics but work to understand what drives the results—not just what happened, but why. Several of our key reports also undergo annual “refreshes” to determine whether their contents remain appropriate and useful. You will contribute to this process by reviewing metrics and data points (as well as our risk tolerances for each metric/data point) for relevance and statistical soundness. This process is our opportunity to ensure that reporting is responsive to current economic and market conditions and can be easily comprehended across a wide range of audiences. This process also entails collaboration within the US CRE line of business and across other areas of the bank. You will contribute to regular assessments of loans to determine whether any qualify as sustainable finance, in accordance with enterprise-wide goals for sustainable finance activity. You will also be responsible for understanding US CRE’s control environment, which can include incorporating and/or helping to design effective, sustainable controls for the reporting processes described above. Moreover, it will be essential to adhere to controls and to document compliance with them. You will also support the testing of controls and will work to address any issues identified because of testing. You will help maintain an inventory of reports and monitoring activities related to the management of risk. Given the need to remain familiar with trends and risks that could impact CIBC’s CRE portfolio and the broader US CRE sector, we encourage you to keep abreast of news in the industry and of economic data. You will collaborate with other members of the US CRE team to ensure the work you are responsible for is cognizant of, aligns with, supports, and adds value to other activities. Other US CRE team members will collaborate with you in that same spirit, to ensure there is cohesion and consistency in what is reported and communicated across the team. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. California residents — your privacy rights regarding your actual or prospective employment Who You Are You are passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through respect and authenticity. You are actively aware of risk management. You can identify risks and propose mitigants. You can convey the potential impact of risks and drive the necessary actions and behaviors. You demonstrate expertise in CRE—or have the desire, determination, and drive to very quickly build and nurture that understanding. You give meaning to data. You enjoy investigating complex problems and seeking out and making sense of data. You are confident in your ability to synthesize information and communicate informed viewpoints in an impactful way. You are creative. You can solve problems or answer questions when there’s no existing blueprint. You have a wide range of interests. You understand that success is in the details. You notice things that others do not. Your critical thinking skills help to inform your decision making. You take pride in your work. Values matter to you. You are open, honest, and ethical.

Requirements

• good writing and communication skills
• fluency in Excel and Powerpoint
• You are passionate about people.
• You find meaning in relationships and surround yourself with a diverse network of partners.
• You build trust through respect and authenticity.
• You are actively aware of risk management.
• You can identify risks and propose mitigants.
• You can convey the potential impact of risks and drive the necessary actions and behaviors.
• You demonstrate expertise in CRE—or have the desire, determination, and drive to very quickly build and nurture that understanding.
• You give meaning to data.
• You enjoy investigating complex problems and seeking out and making sense of data.
• You are confident in your ability to synthesize information and communicate informed viewpoints in an impactful way.
• You are creative.
• You can solve problems or answer questions when there’s no existing blueprint.
• You have a wide range of interests.
• You understand that success is in the details.
• You notice things that others do not.
• Your critical thinking skills help to inform your decision making.
• You take pride in your work.
• Values matter to you.
• You are open, honest, and ethical.

Nice To Haves

• Comfort with AI and Power BI
• creative thinking

Responsibilities

• monitoring and reporting of risk in the US CRE portfolio
• data aggregation, analysis, and visualization
• creation and design of reporting
• presentation of materials to senior management
• reviewing metrics and data points for relevance and statistical soundness
• assessing loans to determine whether any qualify as sustainable finance
• understanding US CRE’s control environment
• incorporating and/or helping to design effective, sustainable controls for the reporting processes
• adhering to controls and documenting compliance with them
• supporting the testing of controls and working to address any issues identified because of testing
• maintaining an inventory of reports and monitoring activities related to the management of risk
• keeping abreast of news in the industry and of economic data
• collaborating with other members of the US CRE team

Benefits

• At CIBC, we offer a competitive total rewards package.
• This role has an expected salary range of $105,000.00- $112,000.00 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), Holidays and 401(k), in addition to other special perks reserved for our team members.
• banking benefits
• a benefits program
• a vacation offering
• wellbeing support
• MomentMakers, our social, points-based recognition program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees