Senior Consultant, Business Controls (7 Month Contract)

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

What You’ll Be Doing

As the Senior Consultant, Business Controls, you’ll work in growing area of the bank that manages operational risk, regulatory supervision, standardized testing, sales monitoring and loss management, for Personal & Business Banking, across Canada.  As part of the Governance & Controls team you’ll lead the management of material, systemic and emerging risks for Personal & Business Banking LOBs (specifically Borrowing Solutions).  You’ll develop and implement integrated control improvement solutions across all products and channels.  You’ll manage key controls to mitigate operational exposures and potential losses.  As a Senior Consultant, you’ll provide support of CIBC’s Control Framework to ensure compliance to regulatory, legislative, and operational requirements, including the efficient and effective management of deficiency remediation. You’ll act as the key relationship manager for the business.

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 

• Relationship Building/Management: Key relationship manager and collaborative consultant with business partners, and 2nd and 3rd lines of defense for all matters relating to operational risk. Manage relationships at peer or director level, as well as project/initiative managers within the assigned Line of Business (LOB).  Represent  Business Controls on business initiatives.

• Risk Assessment/Remediation: Work closely with the LOB partners to proactively identify risk exposures and control gaps, to analyze and synthesize risk exposures, operational losses, root causes and control gaps and determine materiality. Propose recommendations to mitigate risk exposures/control gaps. Lead the Change Initiative Risk Assessment  (CIRA) process, ensuring all material risks are identified and compliant to the CIBC CIRA policy and process. Manage all deficiencies for the LOB, ensuring closure dates are met and no deficiencies go past due. Lead the implementation of remediation plans for targeted control gaps/special projects.

• Risk Consulting: Lead the completion of all CIBC Control Framework requirements.  Act as the risk and control Subject Matter Expert (SME) providing expert advice to LOB partners.  Lead all Internal Audits, Compliance exams for the business.  Provide ongoing management of self-assessment processes. Participate in larger more complex business, governance and regulatory projects to identify risk and control issues, recommend solutions and develop control requirements.

Who You Are

• You can demonstrate experience in Personal and Small Business Banking products and channels, with a deep understanding of key businesses and processes within the Banking Centres and Small Business. You have extensive knowledge of risk management principles, practices, policies and procedures. You understand and have the ability to communicate the Control Framework requirements (Operational Risk Profile, Scenarios, Deficiency Management, Key Risk Indicators) to LOB partners to ensure awareness, understanding of accountabilities.

• You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

• You give meaning to data. 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.

• 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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.

Expected End Date

2027-03-31

Job Location

Toronto-81 Bay, 23rd Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively