Analyst, Model Risk Governance

3 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

In the role of Model Risk Governance Analyst, you will have the opportunity to join CIBC’s Model Validation group. You will help develop and support CIBC’s model risk management framework to ensure compliance with regulatory requirements (e.g., SR 11-7, E-23, and MRR, etc.). You will interact with model owners, model developers, business users and audit groups to establish and maintain sound processes and procedures for model submission, model inventory management, and ongoing model monitoring, including model conditions monitoring, model recommendations tracking and model performance review on a regular basis. You will also have the opportunity to support model validation work as needed, primarily on pricing models and regulatory capital models to support Capital Markets Risk Management in Parent Bank as well as regional offices (Luxemburg/APAC/CIBC Caribbean, etc.).
- 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- Problem Solving: Review the regulatory requirements and facilitate gap assessments on the current processes and procedures. Propose solutions to potential enhancements to ensure compliance.-
- Critical Thinking: Understand model risk and best practices on model risk governance and controls, and challenge the status quo.- Reporting: Assist in writing documents for policies, standards, processes, and procedures for model risk management. Help prepare reports or presentations to evidence and update on model risk controls and governance work.- Communication: Support the interaction with internal and external auditors to provide attestation or artifacts for governance and control on model risk management. Help communicate regulatory requirements to various stakeholders and senior management.

Who You Are- You can demonstrate experience and knowledge of the financial services sector (especially financial banks) and the regulatory requirements on model risk management. Experience in areas such as model validation, model risk, governance, regulatory compliance, and/or audit is a plus.- You have a degree. Bachelors and/or Masters in the areas of Economics, Mathematical Finance, Financial Engineering, Applied Mathematics, Statistics, or other quantitative areas.- You have good technical skills. Proficient with MS Office tools and some programming skills are an asset.- You love to learn. Maintain up-to-date knowledge regarding regulatory requirements on model risk management and industry best practices for processes and tools for model risk governance and controls.-
- Values matter to you. You bring your real self to work and 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 knowYou 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

Model Risk, Model Validation, Regulatory Compliance, Risk Control, Risk Governance, Risk Management

  • Director, Model Risk Governance

    2 weeks ago

    Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Director Model Risk Governance

    9 hours ago

    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we...

  • Director, Model Risk Governance

    4 weeks ago

    Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Director, Model Risk Governance

    2 weeks ago

    Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Director, Model Risk Governance

    2 weeks ago

    Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Director, Model Risk Governance

    9 hours ago

    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    Join a Challenger Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Risk Governance Model Manager

    2 weeks ago

    Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    We're a challenger bank that innovates the banking experience for Canadians. Our team is comprised of inquisitive and agile minds that find smarter ways of doing things.We have over 670,000 customers across Canada through Equitable Bank and Concentra Bank, with combined assets under management and administration exceeding $125 billion.The role supports model...

  • Functional Analyst Student, Model Governance

    6 months ago

    Toronto, Canada Canadian Tire Corporation Full time

    **Our Commitment to Students** At Canadian Tire, we are committed to providing students with a supportive and collaborative environment that fosters knowledge sharing and offers key experiences to help them develop their capabilities through projects and objectives. We believe in setting specific and measurable goals that align with our business objectives...

  • Credit Risk Modeling Analyst

    2 weeks ago

    Toronto, Canada MUFG Canada Full time

    **Do you want your voice heard and your actions to count?** Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...

  • Model Risk Governance Expert

    2 weeks ago

    Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    **About Us**At EQ Bank | Equitable Bank, we're redefining the banking experience for Canadians. With a presence in Canada since 1970 and serving over 670,000 people across the country, we're committed to innovation and delivering better options.We're proud of our recognition as one of the top banks in Canada on the Forbes World's Best Banks list since 2021,...

  • Analyst, Risk

    4 weeks ago

    Old Toronto, Canada nugget.ai Full time

    Location: Toronto (hybrid -> 3 times per week) Employment Type: Contract About the Role: The Threat Modeling Analyst is responsible for identifying threats and vulnerabilities across company systems and communicating the issues with the appropriate team – infrastructure, IT, risk, DLP, or any affected members. Responsibilities: Work cross-functionally...

  • Liquidity Risk Model Developer

    2 weeks ago

    Toronto, Ontario, Canada State Street Full time

    We are seeking a highly skilled Quantitative Analyst to join our Financial Engineering team at State Street. As a Liquidity Risk Model Developer, you will play a critical role in designing and developing custom models within the liquidity risk space.The successful candidate will have a strong background in quantitative analysis, with experience working with...

  • Manager, Governance and Risk Reporting

    5 months ago

    Toronto, Canada Canada Life Assurance Company Full time

    Manager, Governance and Risk Reporting **Description: - Permanent Full Time- We are looking for a **_Manager, Governance and Risk Reporting._** - The Manager, Governance and Risk Reporting will work closely with the Director, Information Security Management System and Technology Risk Leaders to visualize and influence the governance and oversight of risks,...

  • Risk Model Development Specialist

    2 weeks ago

    Toronto, Ontario, Canada State Street Full time

    Job SummaryWe are seeking a highly skilled Quantitative Risk Analyst to join our team at State Street. The successful candidate will be responsible for designing testable quantitative hypothesis for liquidity risk models, identifying deficiencies in existing models, and providing financial specifications for new risk management analytics functionality.About...

  • Risk Modeling Director

    1 month ago

    Toronto, Ontario, Canada OMERS Full time

    Empower Your Impact with OMERSAt OMERS, we're committed to creating a workplace where employees thrive. We're a purpose-driven, dynamic, and sustainable pension plan that embodies the values of our 600,000+ members. Our goal is to support the achievement of OMERS business objectives by overseeing the actions undertaken by Management to address key...

  • Risk Analyst

    5 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...

  • Senior Analyst, IT Risk Management and Governance

    6 months ago

    Toronto, Canada BFL Canada Full time

    We offer more than a job, we offer a career! We support our employees to shape their career by encouraging continuing education and investing in training and development. We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding. We inspire people...

  • Senior Risk Analyst and Model Development Specialist

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleWe are seeking a seasoned Risk Analyst and Model Development Specialist to join our Regulatory Capital Modeling team in Toronto, Canada. This is an exciting opportunity to work with a dynamic team of professionals who are passionate about creating innovative risk management solutions.

  • Market Risk Analyst

    6 months ago

    Toronto, Canada TD Bank Full time

    **Market Risk Analyst**: - 415701BR **Job Category - Primary** - Risk Management **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay Details** **Department Overview** Market...

  • Market Risk Analyst

    5 months ago

    Toronto, Canada TD Bank Full time

    **Market Risk Analyst**: - 424711BR **Job Category - Primary** - Risk Management **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay Details** **Department Overview** Market...