Senior Director, Trading Credit Risk
About The Position
As Senior Director, NBFI & Private Credit within CIBC’s Risk Management group, you’ll play a pivotal role in overseeing counterparty credit risk (CCR) for Non-bank Financial Institutions (NBFI), Asset Securitization, and Private Credit lending. You’ll lead the management and adjudication of trading, financing, and lending facilities for a diverse set of counterparties, including private credit funds, banks, sovereigns, hedge funds, pensions, insurance companies, and central clearing counterparties (CCPs). Your expertise will help shape and implement strategies, policies, and procedures that maintain high credit quality standards across global portfolios spanning Canada, the US, Europe, and Asia Pacific. You’ll partner closely with senior business leaders, Global Markets, Corporate and Commercial Banking teams, and external regulators to ensure effective risk oversight and support CIBC’s commitment to prudent risk management. At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote.
Requirements
- Deep credit and trading product expertise.
- Extensive practical experience in adjudicating complex credit facilities and transactions across NBFI, private credit, and trading products.
- Broad and deep knowledge of diverse industries, including pensions, hedge funds, asset management, insurance, and broker dealers, enabling you to effectively manage complex portfolios.
- Excellent communication skills, ability to convey complex information, shape business strategies, and influence senior stakeholders both internally and externally.
- Strong analytical and problem-solving skills to navigate and resolve complex issues with mature judgment and original approaches.
- Collaborative leadership skills, fostering teamwork, mentorship, and cooperation.
- Must bring your real self to work and live CIBC values – trust, teamwork and accountability.
- Legally eligible to work at the specified location(s) and, where applicable, must have a valid work or study permit.
Responsibilities
- Liaise the management and adjudication of counterparty credit risk ensuring effective identification, measurement, and monitoring in line with CIBC’s risk policies and standards within your designated portfolio.
- Participate in the development, recommend, and implement sound credit policies and practices for NBFI and private credit portfolios, shaping strategies that reflect CIBC’s risk appetite and business objectives.
- Exercise delegated approval authority for credit facilities and transactions, provide recommendations for accounts beyond your authority, and deliver informed direction to senior credit risk managers.
- Stay current with industry trends and participate in external activities, including client meetings and industry forums, to maintain deep knowledge and credibility with clients and stakeholders.
- Work collaboratively with business heads and risk management executives to establish performance metrics, inform business strategies, and support the achievement of financial and risk management goals.
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
Senior
Education Level
No Education Listed
