Senior Manager, Risk; First Line of Defense

Senior Manager, Risk (First Line of Defense)

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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  team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

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U.S. Technology Infrastructure and Innovation (US TI&I) spans the areas of Technology, Information Security, Third Party Governance Office, Fraud Management, Corporate Investigations, Deposit Operations, Loan Operations, Business Continuity Management, Operational Resiliency, Project Management, Data Management Office, Corporate Real Estate, Physical Security, and Risk & Governance. TI&I delivers operational excellence by effectively managing the technology and operations required to run the bank, enables the bank’s transformation by focusing on clients, innovating for the future and simplifying operations and supporting the bank’s growth objectives through flawless execution of strategic initiatives.

US TI&I Risk and Governance is a first line of defense team which supports the departments referenced above. The Senior Risk Consultant will work closely with US TI&I Management and 2nd and 3rd lines of defense (Risk, Compliance, and Internal Audit) to develop and implement well‑managed risk practices to ensure activities do not exceed the risk tolerance of the organization.

As a Senior Manager, Risk (First Line of Defense), you will be responsible for designing, implementing, managing and reporting on an Operational Risk based program for LOBs within US TI&I. Responsibilities will include leading Risk and Controls Self‑Assessments (RCSAs) and Change Initiative Risk Assessments (CIRAs), as applicable. You will be responsible for leading and managing day‑to‑day deficiency and risk issue remediation;

designing and implementing new controls and special projects, updating and maintaining a risk and control inventory, and remediating any gaps and inadequacies. You will also lead, coordinate, and liaise between US TI&I LOB Management and other lines of defense and collaborate with business units in developing and monitoring corrective action plans when responding to Audit, Compliance, Self‑Assessed, or regulatory examination findings.

You will also lead deficiency validation work once remediation is complete. You also provide risk guidance in developing, reviewing and maintaining operational risk and compliance policies and procedures as it relates to US TI&I Lines of Business.

The Senior Risk Consultant also maintains awareness of regulatory changes across the industry, analyzing how the changes will affect the line of business, and creating a strategy to implement such changes within US TI&I.

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.

• Executive relationship management – Works with and collaboratively consult with executive business partners in the LOB, while also collaborating with business partners in the 2nd and 3rd lines of defense for all matters relating to risk management. Manage relationships at director and senior director level, within the assigned LOB. Represent risk governance and controls for LOB initiatives.
• Risk assessment / risk consulting – Work closely with LOB partners to proactively identify risk exposures and control gaps. Analyze and synthesize risk exposures, operational losses, root causes and control gaps. Lead the assessment and recommendation of self‑assessed deficiencies to mitigate risk exposures and control gaps. Lead all Internal Audits, Compliance Exams, AML/CEEP, and GORM Reviews for the LOB regarding audit scope review & finalization, requests for information, fieldwork support and potential deficiency management.
  
  Lead deficiency validation documentation once remediation is…