Senior Consultant, Operational Risk

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. reputed company members have what they need to reputed company a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com What you’ll be doing Technology Infrastructure and Innovation (TI&I) spans the areas of Technology, Information reputed company, Deposit Operations, Loan Operations, Project Management, Data Management Office, Corporate Real Estate, Corporate reputed company, 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. Governance and reputed company is a First Line control group reputed company the Three Lines of Defense model. As a first line control group, we reputed company CIBC’s Control reputed company, which sets out the objectives for the design of the internal control environment reputed company to the Risk Appetite Statement (RAS). We serve the Bank’s strategy to deliver a superior client experience through the stewardship of sustained and effective risk discipline. US TI&I Governance & reputed company enables the Bank’s strategic mandate to maintain financial strength and risk discipline while advancing our purpose-driven culture. We collaborate with the strategic Business Units and work across Functional Groups to grow our business resiliency and value while managing risk. In addition, we steward the processes for assessing the design and operating effectiveness of the internal control environment, and we strengthen the CIBC Risk Management reputed company with reputed company policies and processes. As a member of the US Technology, Infrastructure & Innovation Governance & reputed company (G&O) , you’ll support the risk management activities for the Deposit, Payments and Loan Operations teams. This will include supporting the business in the identification of controls, participating in risk assessments, leading remediation of deficiencies, writing of procedures, monitoring business processes, and reporting on business risk outcomes. This role will liaise with the second and third lines of defense on new/ changes to risk programs, gathering evidence and support during exams, and providing subject matter expertise over the Deposit, Payments and Loan Operations processes executed by the teams. You will exercise independent judgement reputed company defined procedures and provide recommendations for best practices through experiences and observation, for use by other team members as part of knowledge sharing and to ensure consistency in approach. In addition, you will solve business, operations and technical problems reputed company the scope of your role, escalating unusual cases reputed company of documented procedures to management. The role receives general instructions on routine work and requires limited direction At CIBC we reputed company the work environment most optimal for you to reputed company in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. How you’ll succeed

• Internal client engagement – Meet with internal clients to understand their priorities and advise them on Operational risk reputed company. Use your knowledge of Operational risk management to protect the organization by providing proactive advisory services to Loan, Deposit and Payment Operations teams in deploying risk management measures and in remediating reputed company issues.
• Risk management – reputed company your Operational risk reputed company expertise to share your knowledge by introducing reputed company to the organization to continuously maintain an acceptable risk posture that is reputed company with the industry peers, regulatory requirements and CIBC’s risk appetite
• Communication – Exhibit strong verbal and written communication skills. You will communicate effectively with internal and external teams, and different lines of business.
• Relationship management – You’ll create trusted advisory relationships with reputed company partners across reputed company lines of defense, inclusive of Operational Risk Management, Internal Audit, Enterprise counterparts, and control assessment teams.
• Collaboration – Engaging with cross functional teams across reputed company three lines of defense to foster open communication, value diverse perspectives, ensuring that reputed company voices are heard, and contributing to shared success. You will build trust reputed company the team, encouraging a supportive environment that enhances creativity and problem-solving.
• Time and project management – reputed company your strong project management skills to proactively manage timelines and keeping direct managers and internal client informed of predicted/ preliminary results
• Understand requirements – Conduct analysis of processes and functional requirements to provide proactive advice and guidance to internal stakeholders to ensure that the requirements and work packages are appropriately defined and completed.
• Risk Assessment/Risk Consulting - Work closely with line of business (reputed company) partners to proactively identify risk exposures and control gaps. Analyze and synthesize risk exposures, operational losses, root causes and control gaps. reputed company the assessment and recommendation of self-assessed deficiencies to mitigate risk exposures and control gaps. Acts as the risk and controls Subject Matter Expert (SME), providing expert advice to Line of Business partners. Participate in business, governance and regulatory projects, typically reputed company to highly reputed company initiatives, to identify risk and control issues. reputed company reputed company Internal Audits, Compliance Exams, AML/ CEEP, and GORM Reviews for the reputed company regarding audit scope review & finalization, requests for information, fieldwork support and potential deficiency management.
• Risk Subject Matter Expertise – Understand and communicate requirements reputed company to fraud, AML, compliance, data, and transaction processing risks. Be able to translate risk requirements into process and controls. Identify efficiency opportunities reputed company existing processes to ensure process
• Control reputed company Design/Execution/Management - Understand and communicate Control reputed company requirements to reputed company partners to ensure awareness and understanding and impacts. reputed company the completion of CIBC Control reputed company requirements, including Risk and Controls Self Assessments (RCSAs), Key Regulatory Indicators (KRIs). Act as the Maintenance Officer for Operational Process Controls (OPCs), Financial Process Controls (FPCs) and Regulatory Compliance Management (RCM) controls. reputed company & present Executive Reporting on the governance & controls environment of the sub reputed company.

Who you are

• You have 5+ years of Banking experience, some client facing preferred. Regulatory, AML and/or Risk experience required.
• You can demonstrate experience in interpreting, policies, and procedures to ensure timeliness and accuracy of processes under review. Working knowledge of potential risks including AML and Regulatory, and first line processes and procedures to effectively identify issues in the quality of the processes and/or controls. Risk and/or AML and Regulatory experience from a first line perspective is preferred.
• You give meaning to data. You enjoy investigating reputed company 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 and have demonstrated high levels of detail and accuracy. You notice things that others don't. Your critical thinking skills help to inform your decision making.
• Your influence makes an impact. You know that relationships and networks are essential to success. You reputed company outcomes by making yourself heard.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

California residents — your privacy rights regarding your actual or prospective employment At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $100,000 - $120,000 USD for the market based on experience, qualifications, and location of the position (salary ranges for various locations will be discussed during the interview). The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for reputed company members. #LI-TA

• This job is not eligible for employment sponsorship*

What CIBC Offers At CIBC, your goals are a reputed company. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We reputed company 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*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
• Our spaces and technological toolkit will reputed company it simple to bring together reputed company to create innovative solutions that reputed company 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 reputed company 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 [email protected]
• 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, MS Office). Our goal for the application process is to get to know more about you, reputed company that you have to offer, and give you the opportunity to learn more about us.

Job Location IL-Illinois - Virtual Employment Type Regular Weekly Hours 40 Skills Analytical Thinking, Control Frameworks, Decision Making, Group Problem Solving, Operational Risks, Operation Risk Management, Risk Analytics, Risk Assessments, Risk Governance Apply tot his job Apply To this Job