Job Information
CIBC Risk Analytics Process Enhancement, Compliance Manager in Chicago, Illinois
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 (https://www.cibc.com/en/about-cibc.html)
As the Risk Analytics Process Enhancement, Compliance 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
What you'll be doing
RAI process enhancement - promote and facilitate achievement of higher robustness and efficiency via standardization, optimization, and automation to enhance risk analytics processes
Measuring / reporting the cost and benefits of RAI
Manage RAI compliance to satisfy Internal Audit, Model Risk Management, external audit and regulatory requirements
Coordinate response to risk analytics information requests, from both internal and external audit, regulatory examination and inquiry
Maintain 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 organizations
Work together with other team members to ensure compliance with regulation and internal policy and procedures in project executing and deliverables, including RCSA, record management
Act 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 program
Prepare 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 budget
Plan and help facilitate RAI team meetings and strategic planning sessions and other team building activities.
How you'll succeed
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 work
Communication 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 priorities
Familiar 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.
Who you are
Exhibiting CIBC’s values of trust, teamwork, and accountability
5-8 years of experience in banking risk management or internal audit, preferably in risk analytics or related areas
Experience in risk management with large US or foreign banking organizations preferred
Excellent project oversight and leadership skills
Superior time management skills, with ability to effectively prioritize
Strong process improvement skills
Strong relationship management and interpersonal skills
Track record of successfully coordinate cross-function teams
Excellent verbal and written communication and ability to effectively present information within and across team both verbally and in writing
Proficiency in MS Office, especially MS Word, Excel, PowerPoint, SharePoint,
Exposure to the regulatory landscape of the banking industry
Bachelor / master degree with a major in economics, statistics, finance, accounting, business administration or related are area is preferred
Risk data and/or modeling, model risk management, IT experience is a plus.
California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $110,000 - $150,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
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
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.