Sr. Consultant, ALM

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The Senior Consultant, ALM is responsible for driving Treasury’s ALM duties including risk measurement, commentary and explain of changes in risk measurement, insights into balance sheet trends, strategic balance sheet positioning recommendations and enabling business strategies by providing expert, sound ALM expertise to our partners and broader Treasury team. The incumbent will be strategic partners with colleagues in Treasury, Finance, Risk, and Technology to ensure that our infrastructure meets the requirements for sound ALM measurement and management.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on‑site and remote work) will be discussed at the time of your interview.

• Measurement - Ownership of risk measurement requirements for key SIRR systems;
  Including DV01’s, Earnings at Risk and Economic Value of Equity. Provide expert guidance on new product initiatives or significant changes to existing product features that impact interest rate risk repricing characteristics. Business lead for providing requirements for Interest rate risk measurement to our analytic and technology partners. Provide guidance and leadership on valuations; including appropriate curves and parameters for SIRR measurement.
  
  Where required provide oversight to Finance and Technology teams responsible for the daily production processes and investigations with a view to identifying root causes and actively maintaining the inventory of backlogged work items for further prioritization.

• Balance Sheet Insights - Working with the Senior Director ALM Measurement & Insights and the ALM team; ensure content for executive & committee level content is at the appropriate level for voting member and executive consumption; with insights and analysis geared towards driving decisions.

• Decompositions and Explains - Actively lead efforts to ensure committee package includes useful analysis and reporting that promotes effective decision‑making, ongoing evaluation of risk and management strategies, and insights on emerging issues. Support ad‑hoc reporting and data analysis necessary to investigate unexpected changes in risk (retail product flow, analysis of mortgage/GIC/deposit activity) and performance (P&L, Economic Revenue) in collaboration with Finance, Risk, and Technology teams as appropriate.
  
  Provide SME level expertise in providing requirements for risk measure explanations and decompositions for primary SIRR measures such as EVE, EAR, DV01’s including primary drivers, trends and insights. As needed, develop working prototypes for risk reporting and non‑trading balance sheet risk position analysis that can be automated and/or transitioned to related teams that support regular, routine reporting. Work with our market facing desks, and ALMC voting members on providing analysis and insights into proposed positioning for medium to long term strategies.

• Regulatory and Internal Compliance - Support as a subject matter expert on Treasury infrastructure with respect to interfacing with internal Audit and or other parties as needed. Support the Senior Director on tracking and resolving in a timely fashion all relevant internal Audit and Regulatory compliance gaps with respect to liquidity and funding risks. Maintain awareness of market, regulatory and business developments and their implication to the bank’s non‑trading risk exposures and measurement.
  
  Ensure issues, risks and opportunities are identified and raised for senior management consideration and provide recommendations as appropriate. Establish training program for staff and supporting resources in other departments to ensure continuous development of knowledge…