Director, Third Party Risk

2 weeks 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 You’ll join CIBC’s Risk Third Party Governance Office (TPGO) within Information Security, leading a team of third party risk consultants working together towards achieving the same goal - protecting Our Bank, Our Clients, and Our Employees. As a Director, Third Party Risk, your goal is to ensure that CIBC’s third party risk methodology practices are executed to a high standard, and our business partners understand third party risks that we manage and monitor. You are responsible for developing, executing and maintaining sustainable processes, tools and services that support TPGO’s key risk assessment, measurement and monitoring functions. This includes overseeing third party due diligence activities managed by TPGO, including risk reports from start to finish, and monitoring and reporting of associated key risk metrics. To accomplish this, you need to be passionate about processes, people leadership, partnership, and adopting a continuous improvement mindset. - 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- Strategy and Vision: assess the current state of our processes and tools, and maintain a roadmap for improvements that are executed upon- Process and Service Management: maintain and execute on an inventory of processes and services. Build appropriate controls and checkpoints to ensure work product is accurate, complete and adheres to CIBC process documentation and methodology.- Relationship Building: establish and maintain relationships with the Risk Advisory community, to understand their needs and drive the evolution of our processes and services. Provide education and promote awareness and understanding of our risk methodology practices.- People Leadership: build, coach and motivate the team to accomplish the delivery of our team capabilities.Who you are- Third Party risk knowledge: you have a deep understanding (eg. >5 years of experience) of how key risk assessment processes (eg. Third party risk assessments, information security assessments, etc.) are executed and integrate with broader frameworks (eg. Technology delivery, Operational Risk Framework, Third Party Risk Management).- Tools: you understand risk register tools (eg. Coupa, Archer, eGRC) and provide thought leadership, business casing and project execution to better our tools and workflow. A security certification (eg. CISSP, CSIM, or equivalent) is an asset- You have demonstrated strong accountability in ensuring process documentation and associated work product artifacts are maintained and robust.- You can demonstrate experience in dealing with partners such as internal controls testing and audit, to demonstrate the function’s services are meeting partner expectations.- You have a continuous improvement mindset. You take a balanced “run” (operational) and “change” (evolution) approach to leading the team.- You are a bold and accountable leader. You have experience (eg. >3 years) developing and implementing strategic team goals, coaching employees and driving successful team performance.- Values matter to you. You bring your real self to work and you 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-81 Bay, 19th Floor Employment Type Regul



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