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

The position of Analyst, Risk Controls contributes to the profitable growth of the retail lending portfolios by ensuring the activities related to the execution of governance and internal control activities for the Retail Products portfolios are carried out as required. This includes management of the monthly and quarterly governance and internal control activities (for example – tracking of exceptions to Standards & Guidelines and Delegated Lending Authority (DLA), reviewing potential Credit Adjudication Underwriter breaches of DLAs, Material Credit Exception (MCE) reviews, Residential Mortgage Underwriting Policy reviews, and LTV validation, reviewing change management process control adherence, supporting system attestations, and managing the RACD and Risk Control team’s mailbox and SharePoint website. This role will also include supporting management requests for evidence/documentation from internal and external auditors and regulators (OSFI), including attestations.

Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

Strong analytical and problem-solving skills -   Develop new and/or update queries due to changes to credit risk strategies/guidelines to ensure the ongoing integrity and effectiveness of the existing controls process and procedures. Provide secondary review and validation of RMUP breaches, LTV, MCE, support ad-hoc analytics requests to provide deeper insight into the Retail Lending portfolios as requested from time to time. Work with Senior Manager to design reports/presentations and/or draw pertinent information needed.

Strong organizational and facilitation skills - Management of requests for supporting evidence/documentation from Internal Audit, external Auditors  and regulators (OSFI) and ensuring control deficiencies are addressed/resolved in a timely manner.

Effective interpersonal and relationship building skills - Providing project SME support to approved Risk Management and CIBC-wide initiatives/projects. General administration and business process requirements for the RRM team including management of Standards & Guidelines updates.

Who You Are

You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

You have a degree/diploma in Business/Commerce or a similar discipline with 2 years of related work experience.

You demonstrate working knowledge of decision support tools such as technical expertise in the following software: Microsoft Word, Excel, PowerPoint and SharePoint. It’s an asset if you have good knowledge of Retail Lending processes and products and systems used by CIBC Credit Adjudication.

You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

What CIBC Offers

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*, defined benefit pension plan*, an employee share purchase plan, 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.

*Subject to plan and program terms and conditions

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, French proficiency, 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.

Job Location

Toronto-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Compliance Monitoring, Compliance Programs, Credit Risks, Data Analysis, Decision Making, Management Reporting, Microsoft Office, Regulatory Compliance Management, Regulatory Reporting, Residential Mortgages, Risk Control, Risk Strategies