Director, Governance

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

Reporting to the Senior Director, Governance & Business Effectiveness, you will lead the execution of 1B activities for Risk Management, which may include control testing, deficiency validation, control and deficiency advisory, operational risk program support, control environment reporting and other governance support activities. You will manage a team responsible for assessment the design and operating effectiveness of controls for assigned Business Units, and oversee the identification, tracking and monitoring of deficiencies to ensure they are resolved in a timely and effective manner. You will also ensure robust documentation, updates, and ongoing maintenance of the control management process and control descriptions in alignment with the Control Management Policy and related standards.

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 2-3 days per week on-site, while other days will be remote.

How you'll succeed

• Act as a Subject Matter Expert -You and your team will review and provide feedback on existing process and procedural documentation to identify opportunities for improvement.
• Provide Strategic Advice - You will lead the team in: providing guidance on the documentation and design of an effective internal control structure in accordance with current governance, risk and compliance requirements, including Financial Process Control, Regulatory Compliance Management Control and Operational Process Control streams as per CIBC methodology; and managing, and monitoring various processes, including control framework activities, Risk and Control Self-Assessment (RCSA), Change Initiative Risk Assessment (CIRA), assertions, and governance activities such as inter-company services documentation and reporting, Business Managed Technology (BMT) support, and Privacy SPOC.
• Build Key Relationships - You will liaise with Risk Partners, where appropriate, on the design of key controls, to ensure they mitigate high inherent risks. You will be responsible for handling inquiries, clarifications and interpretations from GORM, Internal Audit and External Regulators.
• Strong Leadership - You and your team will act as a business partner, providing effective and value-added governance and control support to business functions within Global Risk Management and to ensure an effective and efficient control environment.
• Creative thinking – You will think differently, see opportunities where challenges and efficiency opportunities appear to exist, and propose and implement creative solutions.
• Project management – You will provide rigor and structure around the scheduling and organizing of the workflow. You are confident to work independently, plan effectively and lead initiatives to completion.

Who you are

• You can demonstrate 7+ years of experience in control testing in Risk Management, Governance & Controls, Business Effectiveness or Audit. It is an asset if you understand CIBC's control and deficiency management framework and requirements.
• You are a bold and accountable leader. You have experience developing and implementing strategic team goals. You have experience 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.
• 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 understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
• You can demonstrate experience in and have strong working knowledge of risk assessment, control concepts and methodologies that can be used in a regulatory compliance management context.
• You give meaning to data through analytics and reporting – Report to the senior executives on the status of the control environment which may include control testing results, deficiency remediation status and related KRIs.

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 know

• CIBC 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

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- CIBC is committed to clarity in our hiring process. All roles posted are opportunities we're actively recruiting for, unless stated otherwise.
- 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 test (such as simulation, coding, French proficiency).
- We use artificial intelligence tools during the recruitment process. 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 Location

Toronto-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Continuous Improvement Techniques, Emerging Risks, Group Problem Solving, Leadership, Operation Risk Management, Predictive Modeling, Regulatory Requirements, Risk Analytics, Risk Management Framework