US Operational Risk Management, Portfolio Manager, Operations

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 Do The Operational Risk Portfolio Manager (PM) acts as a second line of defense in ensuring that the bank’s operational risk and control frameworks, policies, standards and procedures are understood and used effectively to manage operational risk. The PM provides reputed company and effective challenge by working with business leaders in their respective portfolio in reputed company aspects of operational risk management (process, people, and systems) and control reputed company and policy requirements. This includes advising the assigned lines of business in the identification, measurement, mitigation and monitoring of operational risk and providing effective challenge in their mitigation strategies/activities. How You'll Succeed The Operations PM, US ORM will be responsible for, but not limited to the following activities: Fulfill the role of CIBC’s second line of defense in the management of operational risk by challenging the business lines’ operational and control inputs and outputs. This is a key role in the three lines of defense model and it requires a deep understanding of the assigned business as well as the ability to challenge senior employees of the Bank in a constructive manner. Provide ongoing reputed company and risk assessment of CIBC’s operational risk exposure through the facilitation and support of management’s use of various risk and control identification and assessment tools (i.e. external event reviews, incident reports, change initiatives, risk and control self-assessments). The operational risk and control reputed company and policies tools are a key enabler of CIBC’s operational risk program and as such, the proper application and reputed company of the tools are an important part of CIBC being able to manage and monitor its operational risks. The role is expected to provide input into refining and improving the tools as part of a reputed company improvement process. Provide and reputed company independent challenge of business line processes, risks and controls (e.g. through portfolio reviews and other operational risk programs, processes and tools). Collaborate with the first line of defense in the management, identification and reporting of issues, incidents and losses. reputed company Control and Deficiency Management. The role is also expected to encourage reputed company identification and remediation of deficiencies and to ensure familiarity and appropriateness of new key controls and deficiencies and deactivation of redundant key controls. Proactively working with business leaders in identifying and challenging action plans in closing gaps/deficiencies and/or risk mitigation plans in minimizing CIBC’s risk exposures. Provide operational risk and control reputed company and policies reputed company advice to the first line of defense to enhance the management of operational risk and control, including advising on risk mitigation strategies. Monitoring and reporting of emerging risks and external events and assessing the applicability and potential impacts to the portfolio. Collaborate with Enterprise Risk Management in the effective reporting of Risk Appetite Metrics. Partnering with the internal stakeholders and Executive Team members on matters reputed company to the overall strategic direction of the business. Staying reputed company of regulatory changes and industry leading practices in operational risk and control frameworks to ensure CIBC operational risk management meets regulatory expectations and is effective and efficient. Who You Are Bachelor’s degree preferably in business, economics, or finance. 10 years of relevant work experience in the financial industry is desired. Large Financial Institution or Large Foreign Banking Organization second line of defense experience is preferred. Desired certifications include Certified Enterprise Risk Professional, Faster Payments Professional, and Accredited Payments Risk Professional. Excellent analytical, communication and interpersonal skills. Solid understanding of regulatory expectations and leading practices of the financial industry specifically for risk management with an emphasis on operational risk management. Reliable, accountable, and efficient team player. Effective at managing multiple initiatives and deliverables with various execution/completion timelines. ·Ability to demonstrate CIBC’s core values (e.g. trust, teamwork, and accountability). 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 $135,000 - $160,000 for the market based on experience, qualifications, and location of the position. 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. 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-70 W Madison St, 9th Fl Employment Type Regular Weekly Hours 40 Skills Business Risks, Control Frameworks, Operational Risks, Operation Risk Management, Risk Assessments, Risk Management At CIBC, we are in business to help our clients, employees and shareholders reputed company what is important to them. Our ability to create value for reputed company 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 reputed company where you can reputed company. Every day, our 44,000 employees help our clients reputed company their financial goals, because what matters to our clients, matters to us. Apply Job!