Sr. Risk Analyst, Stress Testing

Sr. Risk Analyst, Stress Testing (Secondment/Contract)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 DoingAs Senior Risk Analyst, Stress Testing you’ll develop, implement and enhance CIBC’s analysis and reporting capability focused on Enterprise-Wide Stress Testing and the Internal Capital Adequacy Assessment Process (ICAAP). You will also coordinate with internal stakeholders to help determine the overall impacts on CIBC and liaise with regulators and industry associations with respect to stress testing, ICAAP and regulatory changes.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 SucceedAnalytical – You provide effective and timely delivery of Enterprise-Wide Stress Testing and ICAAP analysis and reporting to internal and external stakeholders, including senior risk executives. You develop, update and maintain our enterprise-wide stress testing methodologies and related documentation including policies and standards, focusing on Credit Risk Stress Testing, IFRS 9 Expected Credit Loss (ECL), and Pre-Provision Net Revenue (PPNR) models.Innovative – You proactively research regulatory needs and translate observations, emerging risks and best practices into methodology and model enhancements for internal and external (i.e. regulatory) stress testing.Relationship Building – You maintain a proactive working relationship with your peers, including Treasury, Finance and other Risk Management groups, to develop a detailed reporting and analysis capability including quarterly results, compliance to regulations, and reporting to other internal and external stakeholders.Who You AreValues matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.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 impactful way.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're a self-starter and driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.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 have a graduate degree in a quantitative discipline (e.g. Applied Mathematics or Statistics), proficiency with mathematical or statistical analysis software tools (SAS, SQL, and advanced Microsoft Excel skills) and 3+ years of in the financial services sector. You also have experience in the growing field of stress testing including model development and implementation (credit risk, IFRS 9 ECL, and PPNR), regulatory requirements (MST, DFAST and CCAR), and validation, with advanced communication skills sufficient to convey complex information and concepts into succinct opinions to a senior executive audience.What CIBC OffersAt 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 KnowCIBC 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 DetailsJob Location: Toronto-81 Bay, 29th FloorEmployment Type: RegularWeekly Hours: 37.5Skills: Analytical Thinking, Model Analysis, Regulatory Requirements, Reporting and Analysis, Risk Management, Risk Models, Risk Quantification, Statistical Analysis Software (SAS), Statistics, Stress TestingSeniority level: Mid‑Senior levelEmployment type: Full‑timeJob function: Finance and SalesIndustries: Banking #J-18808-Ljbffr