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Director, Operational Risk Initiatives and Change Management, Global Operational Risk Management; GORM

Job in Toronto, Ontario, C6A, Canada
Listing for: CIBC
Full Time position
Listed on 2026-10-25
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Management
    Change Management, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 150000 - 210000 CAD Yearly CAD 150000.00 210000.00 YEAR
Job Description & How to Apply Below
Position: Director, Operational Risk Initiatives and Change Management, Global Operational Risk Management (GORM)

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. To learn more about CIBC, please visit

What you’ll be doing

Reporting to the AVP of Operational Risk Management and Controls Programs, the Director, Change Initiative Risk Assessment (CIRA), Operational Risk Programs, leads CIBC’s enterprise-wide CIRA Program within Global Operational Risk Management. The program provides a consistent, disciplined approach to identifying and assessing the inherent risks arising from change initiatives, evaluating mitigation plans and clarifying accountability across the three lines of defence, while supporting strong operational risk practices and alignment with regulatory expectations.

You will define the strategic direction for CIRA and lead the continued evolution of its methodology, governance, end-to-end processes and enabling technology. You will oversee program execution and regulatory initiatives, establish effective governance and challenge, and clearly communicate the strategy and execution plan to build alignment and executive support. You will also champion simplification, automation and change management, partnering with Advanced Analytics, technology and risk stakeholders to use AI to improve the quality, consistency, efficiency and capacity of risk assessments.

Building on CIRA Reimagined’s AI-enabled Applicability Assessment and generation of initial CIRA drafts, you will advance capabilities such as AI-enabled challenge, mitigation recommendations and model calibration, while ensuring risks arising from significant change are identified early, clearly understood and appropriately mitigated in alignment with the CIBC Way. At CIBC, we enable the work environment best suited for you to thrive in your role.

You will have the flexibility to manage your work within a hybrid arrangement, spending two to three days per week on-site and working remotely on other days.

How you’ll succeed
  • Program Leadership and Governance – Lead the enterprise-wide CIRA Program, including its strategy, methodology, governance, execution, guidance and continuous improvement, ensuring CIRA remains effective, practical and aligned with CIBC’s operational risk management approach.
  • Strategy, Transformation and Change – Set and execute the future vision for CIRA, translating regulatory expectations into practical, sustainable improvements. Continue to simplify and redesign the end-to-end process, supported by disciplined change management, to improve risk outcomes, engagement and the stakeholder experience.
  • Advanced Analytics and Digital Enablement – Partner with Advanced Analytics, technology and risk stakeholders to embed AI and automation into CIRA, building on the AI-enabled Applicability Assessment, drafting capabilities and emerging challenge and mitigation capabilities to improve efficiency, consistency and program capacity.
  • Risk Management, Compliance and Challenge – Strengthen how CIBC identifies, assesses, challenges and mitigates risks arising from change initiatives. Ensure the CIRA methodology supports appropriate risk identification, mitigation effectiveness assessment and residual risk determination. Maintain continuous audit readiness by monitoring compliance with CIRA standards, sustaining clear and complete evidence, promptly addressing gaps, and demonstrating that program requirements are operating effectively.
  • Stakeholder Leadership – Build strong partnerships across the lines of defence…
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