Consultant, Governance and Controls

Consultant, Governance and Controls page is loaded Consultant, Governance and Controls Apply locations Toronto, ON time type Full time posted on Posted Yesterday job requisition id 2409213

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

As a Consultant, Risk Governance, you’ll support the overall mandate of the Fusion & TI&I Risk Governance group. You’ll support the management of material, systemic and emerging risks by developing and implementing integrated control improvement solutions, across all products and distribution channels within Technology Infrastructure & Innovation (TI&I). You’ll support the management of key controls to mitigate operational exposures and potential losses and will support CIBC’s Control Framework to sure compliance to regulatory, legislative, and operational requirements, including the efficient and effective management of deficiency remediation. As part of supporting the relationship, you’ll be a key contributor to the operational risk strategy for the assigned Line of Business (LOB) within TI&I. In addition, you will be accountable for providing consultation on the development, analysis and implementation of process changes or other activities which support our partners achieve their strategic objectives while achieving compliance with the data management policies and standards

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

• Data Management - Knowledge with data management and data governance principles, practices, standard, processes.

• Relationship Management - Relationship manager and collaborative consultant with business partners and 2nd and 3rd Lines of Defense for all matters relating to operational risk. Manage relationships at peer or director level, as well as project and initiative managers, within the assigned LOB. Represent Business Controls on LOB initiatives.

• Risk Assessment/Risk Consulting - Work closely with LOB partners to proactively identify risk exposures and control gaps. Analyze and synthesize risk exposures, operational losses, root causes and control gaps. Support the assessment and recommendation of self-assessed deficiencies to mitigate risk exposures and control gaps. Lead the Change Initiative Risk Assessment (CIRA) process, typically for low to medium risk rated initiatives, ensuring all risks are identified and compliant to the CIBC CIRA process. Acts as the risk and controls Subject Matter Expert (SME), providing expert advice to Line of Business partners. Participate in business, governance and regulatory projects with medium to low complexity to identify risk and control issues. Support all Internal Audits, Compliance Exams and GORM Reviews for the LOB regarding audit requests for information, fieldwork support and potential deficiency management. Support the execution of annual audit plan activities and ongoing management self-assessment processes. Support Office of the Superintendent of Financial Institutions (OSFI) or other regulatory exam requirements, as and when required.

• Control Framework Design/Execution/Management - Understand and communicate Control Framework requirements to LOB partners to ensure awareness and understanding and impacts. Support the completion of all CIBC Control Framework requirements, including Risk and Controls Self Assessment (RCSA), Scenarios and Key Regulatory Indicators (KRIs). Act as the Maintenance Officer for Operational Process Controls (OPCs), Financial Process Controls (FPCs) and Regulatory Compliance Management (RCM) controls. Recommend new/changes to Key Accountabilities and Responsibilities( KAR), eGRC and non-eGRC control testing programs. Review KAR and control testing results and recommend self-assessment of deficiencies. Develop reporting and summary of control testing results

Who you are

• You demonstrate experience in Controls, Governance and Risk environment. You understand and are able to support and communicate the Control Framework requirements and support the development of new/changes to controls and Key Accountabilities and Responsibilities (KAR) programs, and are able to analyze, report on, and synthesize KAR and control testing results. You have extensive experience and working knowledge of governance, controls, risk management principles, practices, policies and procedures. It is also an asset if you have an knowledge of Data management and Analytics.

• 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.

• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

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

• 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.

**Prior to starting in this role, security checks, including a criminal record check must be successfully completed to the satisfaction of CIBC. An annual criminal record check may also be required.

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 .

Job Location

Toronto-CC East 12th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

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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. #J-18808-Ljbffr

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