Senior Consultant, Operational Risk

CIBCSavoy, IL
$100,000 - $120,000Hybrid

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'll be doing Technology Infrastructure and Innovation (TI&I) delivers operational excellence by managing the technology and operations that keep CIBC running smoothly. As part of the Governance and Oversight team—a First Line control group within the Three Lines of Defense model—you’ll help empower CIBC’s Control Framework and support the bank’s transformation by focusing on clients, innovating for the future, and simplifying operations. As a Governance & Oversight Advisor for US TI&I, you'll collaborate with strategic Business Units and Functional Groups to strengthen business resiliency and manage risk. You’ll steward processes for assessing the design and effectiveness of internal controls, advance CIBC’s risk management framework, and provide advisory services to Private Wealth Management (PWM) Operations. In this role, you’ll lead remediation of deficiencies, develop procedures, analyze operational losses, and present executive reporting on governance and controls for the business unit. 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

  • You have relevant experience. You bring at least 5 years of banking experience, with proven expertise in risk management and interpreting policies and procedures to ensure process accuracy and timeliness.
  • You’re analytical and detail-oriented. You can make sense of complex information, apply critical thinking, and maintain high attention to detail and accuracy.
  • You’re a strong communicator. You convey detailed information clearly and impactfully, both verbally and in writing.
  • You build relationships. You have effective relationship management skills, able to build networks and inspire outcomes across diverse teams.
  • You’re proactive and organized. You manage multiple priorities, exercise sound judgment, and take initiative to drive results.
  • Values matter to you. You bring a commitment to CIBC’s values of trust, teamwork, and accountability.

Nice To Haves

  • It’s an asset to have experience in private wealth management operations.

Responsibilities

  • Risk Management & Control Assessment – Support the business in identifying controls, participating in risk assessments, leading remediation of deficiencies, and developing procedures to monitor business processes.
  • Stakeholder Collaboration – Liaise with second and third lines of defense regarding new or changing risk programs, provide evidence and support during exams, and act as a subject matter expert for Private Wealth Management Operations.
  • Advisory & Relationship Building – Engage with internal clients to understand their priorities and advise on operational risk management solutions, building trusted relationships across all lines of defense.
  • Continuous Improvement & Process Analysis – Analyze processes and functional requirements, identify opportunities for efficiency, and recommend improvements to maintain an acceptable risk posture aligned with regulatory requirements.
  • Project & Reporting Leadership – Manage projects and timelines proactively, lead completion of CIBC Control Framework requirements, including Risk and Controls Self Assessments (RCSAs) and Key Regulatory Indicators (KRIs) and develop executive reporting on governance and controls for the business unit. Serve as Maintenance Officer for Operational Process Controls (OPCs), Financial Process Controls (FPCs), and Regulatory Compliance Management (RCM) controls.

Benefits

  • At CIBC, we offer a competitive total rewards package.
  • This role has an expected salary range of $100,000 - $120,000 USD for the market based on experience, qualifications, and location of the position (salary ranges for various locations will be discussed during the interview).
  • 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.
  • At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. We cultivate a culture where you can express your ambition through initiatives like 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

Mid Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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