Risk Management Manager

US-IL-Chicago
3 months ago
ID
2017-4225
# of Openings
1

Overview

CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at cibc.com/US.

 

CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. 

 

CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance – so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.

 

Every year, CIBC is recognized for its business success, community commitment and employee initiatives.  We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.

 

CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran

 

Responsibilities

The Risk Team Lead/Manager will support the Bank’s Risk Management Program, including Incentive Compensation Risk Reviews, Model Risk Management (MRM), Risk Identification Assessments, and Operational Risk programs to help identify, measure, mitigate and report risk across the Bank’s business lines and operational management. The Risk Team Lead/Manager will assist the Director of Risk Management in the management of risk in collaboration with 1st, 2nd and 3rd line of defense business partners. This position is a key role in the Bank’s Risk Management Department and reports to the Director of Risk Management.

 

Responsibilities

  • Work closely with Director of Risk Management and Business Model Owners to ensure models meet the Bank’s MRM requirements, including standards, inventory, model risk ratings, and validation plans.
  • Provide input to the operational risk program to ensure it adequately identifies, measures, monitors and reports operational risks across the Bank.
  • Assist the Risk Management department in developing and managing data analysis tools and methods to track, monitor and report enterprise risk.
  • Lead the planning and execution of risk identification and risk assessments of business products, systems, processes and initiatives.
  • Advise business, technology and services partners on risk policies, industry standards and best practices to improve the business processes and operational risk environment
  • Develop, document, maintain and educate business, technology and services teams on risk policies and procedures.

Qualifications

  • Bachelor’s degree along with 7-10 years of experience of operational risk, compliance, or audit experience in a banking/financial services environment.
  • Excellent analytical skills that include model development, execution and validation.
  • Excellent oral and written communication skills, as well as the ability to present to senior management and critically review and edit business documents; a writing sample may be requested.
  • Experience leading risk and control assessments, root cause analysis and scenario analysis.
  • Ability to partner effectively with peers, senior management and business partners
  • Organizational and problem solving skills and attention to detail.
  • Investigative and questioning nature combined with sound business and technical skills.
  • Ability to work under pressure and organize, manage and prioritize multiple deliverables.

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