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 CIBC.com (https://www.cibc.com/en/about-cibc.html) **What you'll be doing** Global Operational Risk Management (GORM) is CIBC’s 2nd Line of Defence group, responsible for overseeing global operational risk exposures through the Operational Risk Management and Control Frameworks. As part of GORM, the Operational Risk Management and Control Programs (ORMCP) team designs, implements, trains, and builds awareness, and monitor risk management practices to ensure operational risks are identified, assessed, and mitigated effectively. As the Senior Risk Manager of the Risk Insights and Reporting team within ORMCP, you will play a key role in risk identification programs, supporting the process of assessing, understanding, and confirming risks on a business unit’s operations, transactions, and emerging risks to ensure operational risks are proactively identified and managed. The Senior Risk Manager will lead and manage the Risk Review Program, including efforts to continuously enhance the Program’s approach, tools, and methodologies. This Program is utilized in GORM to identify and measure risks, as well as assess the effectiveness of a business unit’s operational risk management strategies and activities on specific topics. In addition, the Senior Risk Manager will play a pivotal role in providing key support to the Scenario Analysis Program. Scenario Analysis is used to manage operational risk through robust knowledge obtained from expert opinion of business line management and subject matter experts to identify potential operational risk events and assess their outcome, and where appropriate, identify actions to mitigate the risk exposures. The Senior Risk Manager will execute the Program by performing end to end scenario analysis, which includes conducting research, interviews, and workshops, writing comprehensive reports, and presenting the outcomes/findings to management. The Senior Risk Manager will also provide key support in managing and executing the Operational Risk Incident Reporting Program. Incident Reporting allows businesses a structured approach to analyze material operational risk incidents, identify and assess the root causes of the operational breakdowns, evaluate the effectiveness of existing controls, and develop remediation actions. The incidents are reviewed at the Risk Assessment Review Committee (RARC) on a regular basis. _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** + **Collaboration and relationship building –** Foster strong relationships across GORM and with business partners to create a collaborative environment that drives actionable risk insights and recommendations. Work towards achieving business objectives while effectively mitigating risk. Proactively cultivate new relationships to develop innovative solutions that align with shared goals. + **Initiative-taking and Analysis** – Proactive and take a forward-thinking approach to researching and analyzing data and trends, identifying key themes and opportunities for improvement. Demonstrate in navigating ambiguous situations and unfamiliar topics by uncovering patterns, establishing connections, and generating actionable insights. + **Effective communication** – Exhibit clarity of thought in both written and verbal communications. Facilitate productive risk discussions and driving meaning outcomes. Develop and deliver strong reporting and presentations tailored for business stakeholders and GORM management. + **Critical thinking** – Leverage strong critical thinking to assess complex situations, identify potential risks, and develop actionable solutions. Use a structured approach to problem-solving and decision-making, ensuring alignment with organizational goals and regulatory requirements. + **Risk Management –** Demonstrate a sound knowledge of risk management principles and the factors that contribute to risk. Effectively assess, measure, and monitor risk in alignment with CIBC’s guidelines, ensuring a balanced approach to risk mitigation and business success. **Who you are** + **You can demonstrate experience in Risk Management. It’s asset** if you have experience in identifying trends and leading enterprise-wide programs and collaborating with diverse stakeholders. + **You understand** banking products, services, regulatory requirements, and operational risk processes. Experience in Financial Analysis or Business Controls is an asset. + **You act like an owner.** You thrive when you're empowered to take initiative, go above and beyond, and deliver results. + **You give meaning to data.** You can demonstrate strong analytical, problem-solving, and influential skills 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 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're motivated 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 love to learn.** You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve. + **You embrace and champion change.** You'll continuously evolve your thinking and the way you work to deliver your best. + **Values matter to you** . You bring your real self to work, and you live our values - trust, teamwork, and accountability. \#LI-TA **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 Mailbox.careers-carrieres@cibc.com + 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. **Job Location** Toronto-81 Bay, 31st Floor **Employment Type** Regular **Weekly Hours** 37.5 **Skills** Analytical Thinking, Communication, Control Frameworks, Decision Making, Group Problem Solving, Management Reporting, Operation Risk Management, Regulatory Compliance, Risk Analytics, Risk Assessments, Risk Governance, Stakeholder Management At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.