Director, Operational Risk Management

6 months ago

Toronto, Canada CIBC Full time

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

What you’ll be doing

Global Operational Risk Management (GORM) is the 2nd Line of Defense group responsible for providing oversight of CIBC's global operational risk exposures through the Operational Risk Management and Control Frameworks including: people, technology, processes or external events. GORM has responsibility for oversight of the operational risk management function globally, including the Operational Risk Management Program and its related methodologies, policies, processes, guidelines, systems and tools. The Director, Operational Risk Management will facilitate the development, maintenance and monitoring the effectiveness of the operational risk framework, and supporting taxonomies, for the sound risk management practices across all of CIBC ’s business platforms and functions. Further this role works to coordinate with regional requirements, and alignment to Enterprise.

In addition this role will ensure an effective Enterprise operational risk programs framework is in place to set requirements for operational risk programs in place for Change Management, Scenario Analysis, External Events, and other operation risk programs; including Thematic Reviews to ensure programs are aligned to regulatory requirements such as OSFI E-21.
- 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
- Business acumen and relationship management
- Establish clear goals, objectives, and deliverables for the team based on GORM and Stakeholder priorities; monitor team progress and pivot to emerging priorities when needed. Stay abreast of regulatory changes and monitor compliance to policy and communicating overall GORM team for liaison with 1st LOD and other impacted parties.
- Strategic Planning
- Based on framework, help create strategic directions for programs externally or internally evolution, including setting direction, stakeholder engagement, tool evaluation, implementation, and monitoring. Identify and prioritize future practice requirements after consultation with a defined community of users including both 1LOD, 2nd line. Review and keep the supporting taxonomies up to date and aligned with industry benchmarks.
- Communication
- Provide expert advice on operational risk, leveraging insights from operational risk reporting and analytics, independent reviews and industry perspective to ensure operational risk program maintains a forward-looking view that considers both managed and emerging risks. Actively seek to simplify requirements where appropriate to enable consistent practices.
- Stakeholder Management
- Actively support business partners in all lines of defense such as programs, Portfolio Management operational leads, Control Groups and Second Line of Defense in implementing the operational risk program in a manner that aligns with strategic objectives. Prioritize and facilitate responses to queries and ad hoc requests coming from internal and external stakeholders.

Who you are
- You demonstrate experience. Regulatory compliance Oversight Function (OF) accountabilities, monitoring the regulatory landscape for changes in legislation and regulatory guidance pertaining to federally regulated financial institutions and ensure assessment, communication and documentation of CIBC’s compliance is completed, in alignment with CIBC’s Regulatory Compliance Management policy. This role will also interface with CIBC's subsidiaries on policy matters and oversight.
- You have well developed leadership capabilities. Builds and sustains strong internal relationships and is viewed as a valued partner that offers sound and pragmatic guidance, demonstrates a deep understanding of their environment and context and facilitates productive risk discussions and outcomes. The Director leverages strong communication, interpersonal skills and teamwork to build and sustain strong internal relationships within Risk Management, business units and other enterprise functional groups.
- You are confident in your insights. Maintains an industry view of the broad operational risk management landscape, understand best practice and performance benchmarks and monitor emerging trends and regulations. Provides guidance on the management of operational risk when consulted, including risk mitigation strategies.
- You put our clients and partners first. You engage with purpose to find the r

  • Strategic Risk Management Leader

    2 weeks ago

    Old Toronto, Canada Risk & Insurance Management Society Inc Full time

    OverviewFiera Capital is seeking a highly skilled and experienced Director of Investment Risk to join its team. Reporting to the Global Chief Compliance and Investment Risk Officer, the successful candidate will play a critical role in enhancing and executing a robust quantitative and qualitative focused investment risk framework.About the RoleThe Director...

  • Director, Investment Risk

    4 weeks ago

    Old Toronto, Canada Risk & Insurance Management Society Inc Full time

    Full-timeJob Location: Toronto or MontrealAt Fiera CapitalWe invest in creating a culture of purpose that makes our people feel valued, cared for, seen, and heard.Our approach to employee experience is tailored to your needs and ambitions:Your Inclusive Experience: We are committed to cultivating an inclusive, safe, and trusting work environment.Your Growth...

  • Associate Director, Operational Risk Management

    6 months ago

    Toronto, Canada Healthcare of Ontario Pension Plan (HOOPP) Full time

    Why you’ll love working here: - high-performance, people-focused culture- our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves- learning and development initiatives, including workshops, Speaker Series events and access...

  • Director, Operational Risk

    3 months ago

    Toronto, Canada Sun Life Full time

    You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Director, Enterprise Risk Management

    1 month ago

    Toronto, Canada University Pension Plan Full time

    ABOUT UPP UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 40,000 members across four universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for...

  • Operational Risk Management Director

    3 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    At Royal Bank of Canada, we are seeking a seasoned professional to fill the role of Operational Risk Management Director. This exciting opportunity is part of our GRM Operational Risk Shared Services Team, responsible for developing, maintaining, and monitoring the effectiveness of our Operational Risk Management (ORM) Program.The ideal candidate will...

  • Director, Operational Risk and Resilience

    6 months ago

    Toronto, Canada Manulife Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...

  • Director, Operational Risk and Resilience Management

    2 months ago

    Toronto, Canada Manulife Full time

    The **Director, Operational Risk and Resilience Management (ORRM) **will report to and support the **Head of **Evolving Risk and Risk Intelligence (ERRI) **function. The Director will be responsible for delivering and overseeing various functional capabilities including but not limited to risk tooling and technology (i.e. Archer, GenAI etc.), operational...

  • Director, Technology Operational Risk

    6 months ago

    Toronto, Canada Canada Life Assurance Company Full time

    Director, Technology Operational Risk **Description: - Permanent Full Time- We are looking for a **Director, Technology Operational Risk** - The Director, Technology Operational Risk plays a key role in providing independent advice, oversight, and challenge of the first line of defense with respect to business unit operational risk and regulatory compliance...

  • Risk Analyst

    6 months ago

    Toronto, Canada INTECH Risk Management Inc. Full time

    INTECH Risk Management Inc., an award-winning team of insurance risk management consultants, is looking for a Risk Analyst (Insurance Broker) to join our Risk and Insurance Services team in Toronto, Canada. The Risk Analyst (Insurance Broker) will serve as a key support in the provision of outsourced insurance and risk management services to clients in North...

  • Director IT Security

    7 months ago

    Toronto, Canada Workplace Safety and Insurance Board Full time

    This role is accountable for institutionalizing critical IT cyber security and risk management activities; directly assessing and holistically managing all aspects of cyber security and IT risk brought to bear on the enterprise; and directing the planning and implementation of enterprise IT system, business operation, and facilitating defenses against...

  • Operational Risk Management Director, Enterprise Control

    3 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Royal Bank of Canada is seeking an experienced Operational Risk Management Director to lead the development and implementation of control management practices for the Enterprise. The successful candidate will have a proven track record in operational risk management, with expertise in control design, implementation, and maintenance.

  • Director, Operational Risk Practice Strategy

    6 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The GRM Operational Risk Shared Services Team is responsible for the development, strategic direction, maintenance and monitoring effectiveness of the operational risk program and associated tools and methodology. The primary purpose for the Director role is to ensure an effective Enterprise operational risk programs are in place for Change...

  • Manager Operational Risk Management

    6 months ago

    Toronto, Canada Canada Life Assurance Company Full time

    **Job Description**: This is an exciting time to join the Canada Operational Risk Management (ORM) team at Canada Life. The Canada ORM team is part of the broader 2nd line Risk and Compliance function. The group is looking to strengthen its independent risk oversight function to better support our business in appropriately managing risk. The ORM team is...

  • Director, Operational Risk Management

    7 months ago

    Toronto, Canada CIBC Full time

    Nous bâtissons une banque axée sur les relations pour un monde moderne. Nous recrutons des professionnels talentueux et passionnés qui ont à cœur de faire ce qu’il faut pour nos clients.  À la Banque CIBC, nous misons sur vos forces et vos ambitions pour vous donner le pouvoir d’agir. Les membres de notre équipe disposent de ce dont ils ont...

  • Manager, Member Risk

    4 days ago

    Toronto, Canada Member Risk & Resolution Full time

    Date Posted: 12/20/2024 Location: Ottawa/Toronto, Ontario, Canada Reference No.: 2024-743 Position Type: Full-time Permanent Salary Range: $115,742.00 - $136,786.50 (salary is generally in that range) **About us** We are an organization driven by purpose. We are dedicated to serving Canadians and strongly committed to protecting their hard-earned money...

  • Director of Risk Management

    6 months ago

    Toronto, Canada AtkinsRéalis Full time

    **AtkinsRéalis is a world leading design, engineering and project management organization. We create sustainable solutions that connect people, data and technology to design, deliver and operate the most complex projects. Join us to engineer a better future for our planet and its people.**: **DIRECTOR - RISK MANAGEMENT**: **AtkinsRéalis is currently...

  • Director, Risk Management

    6 months ago

    Toronto, Canada Infrastructure Ontario Full time

    IO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately. The team also manages the infrastructure lending program, which has supported more than $19 billion in local infrastructure development,...

  • Director, Enterprise Risk Management

    2 weeks ago

    Toronto, Canada University Pension Plan Full time

    ABOUT UPP UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 40,000 members across four universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for...

  • VP Director

    4 months ago

    Old Toronto, Canada Director File Full time

    We have VP Director Job openings for a senior leadership role responsible for overseeing and guiding the strategic direction of a specific department or division within the organization. This role involves setting objectives, managing teams, and ensuring the achievement of key performance indicators to drive the company’s success.Key...