Analyst, Model Risk Governance
4 months ago
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
-
Model Risk Governance Specialist
4 weeks ago
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full timeWe are a leading Challenger Bank, striving to transform the banking experience for Canadians. Our team is composed of inquisitive and agile minds that find innovative solutions to complex problems.Job DescriptionAs a Model Risk Governance Specialist at EQ Bank | Equitable Bank, you will play a crucial role in supporting stakeholders in fulfilling their...
-
Model Risk Governance Strategist
4 weeks ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout Equitable BankAt Equitable Bank, we're revolutionizing the banking experience by pushing boundaries and challenging conventional norms. With a rich history spanning over 50 years, we've grown to serve more than 670,000 Canadians through our flagship bank, Equitable Bank, and its subsidiary, Concentra Bank. Our combined assets under management and...
-
Director, Model Risk Governance
1 month ago
Toronto, Canada EQ Bank | Equitable Bank Full timeJoin 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...
-
Manager, Model Risk Governance
3 weeks ago
Toronto, Canada Canada Guaranty Full time**LOCATION & WORK ENVIRONMENT**: Hybrid position available in Toronto. **DEPARTMENT**: Risk **EMPLOYMENT TYPE &**AVAILABILITY**: Full-Time | Immediate **ANNUAL SALARY**: $100,000 - $120,000 **OVERVIEW** - Canada Guaranty is currently seeking a **Manager, Model Risk Governance** to join our growing Risk Management team. The Risk Management team has...
-
Director, Model Risk Governance
2 months ago
Toronto, Canada EQ Bank | Equitable Bank Full timeJoin 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
1 month ago
Toronto, ON, Canada Equitable Bank Full timeJoin 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 Director Lead
4 weeks ago
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full timeAbout UsAt EQ Bank | Equitable Bank, we're not a traditional bank. We're innovators who believe Canadians deserve better banking options.We're big believers in creatively transforming what's possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways to do things.With over $125 billion in combined assets under management...
-
Risk Governance Expert
3 weeks ago
Old Toronto, Canada TD Full timeWe are seeking a highly motivated Risk Governance Expert to join our Model Risk Management team at TD.Department Overview:The Model Risk Management (MRM) group is responsible for establishing and implementing enterprise model governance, risk and control strategies and policies. We oversee and ensure compliance with MRM requirements, ensuring the bank has an...
-
Data Governance Risk Strategist
4 weeks ago
Old Toronto, Canada TD Bank Full timeSenior Risk Analyst, Model Risk GovernanceLine of Business: Analytics, Insights, and Artificial IntelligenceCompensation Package: CAD $76,800 - $115,200 per annumDepartment Overview: The Model Risk Management (MRM) group is responsible for establishing and implementing enterprise-wide risk governance, risk, and control strategies and policies. They oversee...
-
Analyst, Quantitative Risk Modelling
3 days ago
Toronto, Canada CIBC Full timeWe’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...
-
Credit Risk Modeling Analyst
1 month 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...
-
Toronto, Ontario, Canada Bank of Montreal Full timeWe are seeking a highly experienced Senior Manager, Model Validation to join our team at the Bank of Montreal.Job Description:This is a full-time 13-month contract position that will require the successful candidate to work in our downtown Toronto office for a minimum of 2 days per week. The ideal candidate will have outstanding knowledge and relevant...
-
Risk Governance Expert
4 weeks ago
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full timeDiscover a rewarding career at EQ Bank | Equitable Bank, where innovation meets tradition.We are seeking an experienced Risk Governance Expert to join our team. This is a $120,000-$160,000 per year opportunity based in Toronto, ON.As a Risk Governance Expert, you will play a key role in maintaining the bank's Model Risk Management Framework (MRMF). Your...
-
Manager, Governance and Risk Reporting
6 months ago
Toronto, Canada Canada Life Assurance Company Full timeManager, 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,...
-
Associate Director
4 weeks ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** The Associate Director will be responsible for model governance, model inventory management, model performance testing, developing and managing control activities, assessing process completeness and compliance with internal and regulatory standards, and assisting with data and model monitoring activities. The Associate Director will report...
-
Associate Director
4 weeks ago
Toronto, Canada Royal Bank of Canada Full timeJob SummaryThe Associate Director will be responsible for model governance, model inventory management, model performance testing, developing and managing control activities, assessing process completeness and compliance with internal and regulatory standards, and assisting with data and model monitoring activities. The Associate Director will report to the...
-
Risk Analyst
7 months ago
Toronto, Canada INTECH Risk Management Inc. Full timeINTECH 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...
-
Quantitative Analyst
3 weeks ago
Old Toronto, Canada TD Full timeAt TD, we are seeking a highly skilled Quantitative Analyst to join our Model Validation team. As a key member of our team, you will be responsible for validating and approving analytical models used for risk management, pricing, hedging, and capital evaluation.About the RoleThis is an exciting opportunity to work in a dynamic environment where you will have...
-
Risk Management Expert
1 hour ago
Toronto, Ontario, Canada Equitable Bank Full timeAt Equitable Bank, we're redefining the banking experience for Canadians. We're a team of innovators who challenge traditional norms to create better options.We serve over 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and Concentra Bank, our wholly-owned subsidiary supporting credit unions with over six million members. Our...
-
Associate Director
3 weeks ago
Old Toronto, Canada Natural Factors Full timeJob SummaryThe Associate Director will be responsible for model governance, model inventory management, model performance testing, developing and managing control activities, assessing process completeness and compliance with internal and regulatory standards, and assisting with data and model monitoring activities. The Associate Director will report to the...
