Manager, Risk Insights and Reporting

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 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. The Operational Risk Management and Control Programs team is part of GORM and is responsible for developing and managing frameworks, policies, systems, tools and processes to ensure CIBC has a sound internal control environment, meets regulatory requirements and is effective in managing operational risks.

As a Risk Manager, you will provide support to lead the Scenario Analysis Program, the External Events Review and conduct a monthly regulatory scan. Scenario Analysis is key tool used in managing and measuring operational risk by obtaining expert opinion of business line management and Control Groups to identify potential operational risk events and assess their outcome, and where appropriate, identify actions to mitigate the risk exposures. An External Event Review (EER) is the examination of significant external losses to determine if such losses could occur at CIBC. In addition, you will perform a monthly regulatory review and stay abreast of regulatory changes that impact CIBC's Operational Risk Management Policy and Control Framework.

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

• Ownership - Responsible for managing all scenario data and performing specific Scenario Analysis and External Event Review activities (e.g., monitor, report, maintain pipeline of events).
• Gathering and validating scenario input data - Review internal loss data, external loss data, Risk and Control Self-Assessments (RCSAs), Incident Reports, Audit Reports, Change Initiative Risk Assessments (CIRAs), Controls and Deficiencies.
• Analyzing scenario data - Sort through loss data from CIBC, ORX, and other external event sources and review all information gathered to support decision-making on scenario selection and inform the frequency and severity discussions.
• Researching industry data - Discover new scenario topic themes (e.g., ORX News, ORX Scenario Library review), and ensure any coverage gaps are highlighted. Also, maintain the existing scenario library.
• Preparing and support facilitating scenario workshops - Work with colleagues within GORM to identify relevant loss scenarios and workshop participants. Prepare and distribute materials for the scenario workshops. Schedule, facilitate and take notes on workshop discussions. Ensure decisions, rationale, challenges and responses are recorded. Document the output from the scenario workshops and facilitate post workshop follow up activities with participants.
• Prepare regulatory updates on a monthly basis by researching websites of regulatory bodies and relevant publications, and communicate regulatory changes to GORM stakeholders.
• Efficient and organized - You will be working in a multi-tasking environment with tight timelines, balancing a number of priorities to ensure timely completion of deliverables.

Who You Are

• 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 give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.
• You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.
• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.
• You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
• You have a University Degree and work experience in the Financial Industry.
• You can demonstrate experience in working with Microsoft Word, Excel, and PowerPoint.
• You have deep knowledge of banking products and services, including regulatory requirements, and operational risk management processes and procedures.
• 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.
• Subject to 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 Mailbox.careers-
• 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 tests (such as simulation, coding, French proficiency, MS Office). 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.

Expected End Date

Job Location
Toronto-81 Bay, 31st Floor

Employment Type
Temporary (Fixed Term)

Weekly Hours
37.5

Skills
Analytical Thinking, Continuous Improvement Techniques, Control Frameworks, Decision Making, Emerging Risks, Group Problem Solving, Operation Risk Management, Risk Assessments, Risk Monitoring