Toronto, ON, Canada
5 days ago
Sr. Consultant, TPGO Due Diligence (Financial Viability)

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

This role resides within CIBC’s Third Party Governance Office (TPGO) within the Technology, Infrastructure and Innovation team. TPGO is accountable for the design and operating effectiveness of the Bank’s TPRM Program, and for operationalizing and integrating the TPRM Program with procurement activities.

Working closely with other third-party risk management life cycle functions and stakeholders, the Senior Consultant, will provide management and guidance on the financial evaluations of third and fourth party suppliers to the Bank, globally. As a member of the Due Diligence team, you will ensure CIBC’s third party risk methodology practices are executed to a high standard, and our business partners understand risks that we manage and monitor. This includes supporting third party financial evaluation activities managed by TPGO, including risk reports from start to finish, and monitoring and reporting of associated key risk metrics and conducting and overseeing the key control for financial viability concerns.

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 1-3 days per week on-site, while other days will be remote

How you’ll succeed

Control Group/Risk Area Due Diligence: support the execution of financial evaluation assessments to enable awareness of existing or emerging financial risk pertaining to third party arrangements. Along with our key risk partners, you will help determine if the potential risks that are inherent to the product and/or service are appropriately mitigated by the Third Party or Bank’s processes and controls. Support the completion of control group due diligence activities and analysis (i.e., Supplier Business Concentration Analysis, Foreign Interference Risk, supplier executive meetings, LOB presentations, etc.) to provide an evaluation of the controls environment, and enable an assessment of the design effectiveness of such controls. This includes activities such as:

liaising with applicable line of business and third party to determine if the risk area is appropriately mitigatedinitiating the issues management process if requiredsupporting the design and development of control group risk reporting and metrics.supporting the control program by creating applicable action plans to address heightened risks and working with relationships managers and line of businesses for approval and implementation.

Relationship Building: establish and maintain relationships with the third party risk community, to understand their needs and support the evolution of our processes and services.

Data Focused: give meaning to data. You enjoy investigating problems, and making sense of information. You're confident in your ability to critically think about problems, and communicate detailed information in an impactful way.

Who you are

You have demonstrated experience in risk management. You have 5+ years of experience in supporting the execution of third party risk-based programs, or similar operational risk areas. Financial Services experience is a plus. A bachelor’s degree or equivalent experience.

Financial Statement review experience. You have 3+ years of experience evaluating and providing opinions based upon traditional GAAP or IFRS, and EBITDA (increasing franchise value) business model financial statements.

You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.

You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

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.

Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability

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, 17th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Due Diligence, Relationship Building, Third Party Risk Management
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