Chicago, IL, USA
27 days ago
Risk Analytics Process Enhancement, Compliance Manager

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

Overview

CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth Management offers investment management, wealth strategies and legacy planning. CIBC works to help you make your ambitions a reality with a team that is committed to being always professional, genuinely caring and collaborates to find simple solutions as we build our relationship-focused bank for the modern world. 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 of our team members can excel.

Risk Analytics Process Enhancement, Compliance Manager:

As Risk Analytics & Infrastructure (RAI) process enhancement project manager, you will directly report to the Head of Risk Analytics Process Enhancement and be responsible for (1) development and maintenance of processes and standards critical to the team’s success; (2) project management for risk data and analytics enhancement project; (3) coordination & collaboration with others in risk management, audit, and lines of business across the 3 lines of defense to help ensure CIBC US meets relevant short-term and long-term regulatory expectations on risk analytics; (4) management of relationship and programs development with IT and corporate/enterprise data owners

Key responsibilities and accountability:
 

RAI process enhancement - promote and facilitate achievement of higher robustness and efficiency via standardization, optimization, and automation to enhance risk analytics processesMeasuring / reporting the cost and benefits of RAI Manage RAI compliance to satisfy Internal Audit, Model Risk Management, external audit and regulatory requirementsCoordinate response to risk analytics information requests, from both internal and external audit, regulatory examination and inquiryMaintain awareness of upcoming or proposed industry regulatory actions and supervisory guidance, industry range of practice and best practices, and ‘lessons learned’ from similar projects at other banking organizationsWork together with other team members to ensure compliance with regulation and internal policy and procedures in project executing and deliverables, including RCSA, record managementAct as project manager for risk analytics project/programs to ensure on time and successful execution in support of the organization’s short term and long term risk management strategy Understand and manage priorities of all stakeholders, manage competing and conflicting priorities to help achieve the best outcome for the organization Track and report the status of all related risk projects Escalate critical issues to ensure timely resolution and success of the risk analytics programPrepare and create RAI training materials, regulatory presentation decks and other documentation, key message decks, group communications, Collaborate with IT to ensure successful delivery of the team’s needs, on time, to spec, and within budgetPlan and help facilitate RAI team meetings and strategic planning sessions and other team building activities.

Qualifications
 

Exhibiting CIBC’s values of trust, teamwork, and accountability5-8 years of experience in banking risk management or internal audit, preferably in risk analytics or related areasExperience in risk management with large US or foreign banking organizations preferredExcellent project oversight and leadership skillsSuperior time management skills, with ability to effectively prioritize Strong process improvement skillsStrong relationship management and interpersonal skillsTrack record of successfully coordinate cross-function teamsExcellent verbal and written communication and ability to effectively present information within and across team both verbally and in writingProficiency in MS Office, especially MS Word, Excel, PowerPoint, SharePoint, Exposure to the regulatory landscape of the banking industryBachelor / master degree with a major in economics, statistics, finance, accounting, business administration or related are area is preferredRisk data and/or modeling, model risk management, IT experience is a plus.

Skill requirements

Executional excellence: You have the organizational skills, meticulous attention to detail, high sense of responsibility, and generalist skill set to take on a wide range of high priority tasks in support of the Chief Risk Analytics and Infrastructure Officer and Risk Analytics leadership team. You are dependable, and always deliver quality workCommunication skills: You excel in oral and written business communication that clearly convey process and compliance requirements, and demonstrate superior skills in writing thorough and effective policy, procedure, standards, and framework documents Facilitation skills: You design thoughtful processes/ meeting agendas and are skilled at chairing or facilitating meetings or sessions that make progress on high stakes discussions with senior stakeholders Ability to collaborate effectively and follow up to ensure achievement of deadlines, outcomes and results Ability to resolve conflicts and competing prioritiesFamiliar with bank risk management and reporting rules, regulations and guidance such as Basel II/III, FRB SR11-7, CCAR, CECL, FR Y-9C, Y-14, Reg YY, Reg W, OSFI E-23, MST, etc.

Authorities/Decision Rights

This job has the authority to recommend changes to business processes in order to enhance oversight, operational efficiency and effectiveness.

Compliance Requirements/Responsibilities
As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:

Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.


California residents — your privacy rights regarding your actual or prospective employment 

At CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential.  

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Expected End Date

2024-06-14

Job Location

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Bank Regulations, Communication, Compliance Requirements, Interpersonal Relationships, Waterfall Project Management
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