Consultant, Risk Governance

CIBC US; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Benefits program

Pension plan

Employee stock purchase plan

Vacation offering

Wellbeing support

MomentMakers

Job summary

CIBC is seeking a Consultant Governance, Risk & Controls in Toronto to advise on operational risk, regulatory supervision, and control improvements across technology and distribution channels. You will act as a risk SME, support audits, and collaborate with LOB partners to implement remediation and control enhancements.

The role offers hybrid work with 1–3 days on-site and opportunities to influence governance initiatives for Global Technology, Data & AI.

Qualifications

• Experience in Retail & Business Banking products and channels.
• Strong risk and control mindset with regulatory understanding.
• Ability to build trusted relationships with senior business partners.

Responsibilities

• Manage relationships with business partners and the 2nd/3rd lines of defense on operational risk.
• Lead risk assessments, identify gaps, and advise on remediation.
• Support governance projects and define high-level control requirements.

Skills

Relationship management

Risk assessment

Regulatory compliance

Communication

Education

Bachelor's degree

Job description

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

You’ll join our Governance Risk Controls team reporting into the Sr Manager, Risk, Governance and Controls. As a Consultant Governance, Risk & Controls, you’ll work in growing area of the bank that manages operational risk, regulatory supervision, standardized testing, loss management, Global Technology, Data and AI. As part of the Governance & Controls team you’ll consult on material, systemic and emerging risks and support the implementation of integrated control improvement solutions across technology and distribution channels.

In addition, you will be accountable for providing consultation on the development, analysis and implementation of process changes or other activities which support our partners achieve their strategic objectives while achieving compliance with the data management policies and standards.

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 and provide risk consultation and advise on governance initiatives for Global Technology, Data & AI (GTDAI).

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 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Relationship Management - 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 and initiative managers, within the assigned LOB. Represent Risk Governance on LOB initiatives.
• Risk Assessment/Risk Consulting - Work closely with LOB partners to proactively identify risk exposures and control gaps. Analyze and synthesize risk exposures, operational losses, root causes and control gaps. Lead the assessment and recommendation of self-assessed deficiencies to mitigate risk exposures and control gaps. Support the Change Initiative Risk Assessment (CIRA) process ensuring all high inherent risks are identified and compliant to the CIBC CIRA process. 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 medium to highly complex initiatives, to identify risk and control issues. Support all Internal Audits, Regulatory Compliance Risk Assessments , RCSAs and GORM Reviews for the LOB. Provides consultation on audit scope review & finalization, requests for information, fieldwork support and deficiency management. Provides ongoing risk advisory on management self-assessment processes, issue management, control design and implementation.
• Project Management – Participate in business, governance and regulatory projects to identify risk and control issues. Consult on new initiatives from a risk and controls perspective. Develop high level requirements for control processes and gaps within projects and new initiatives. Analyze and/or develop changes to control processes or procedures. Support all activities for the execution of the Control Framework requirements. Support development of remediation action plans.

Who you are

You can demonstrate experience in Retail & Business Banking products and channels. You understand key R&BB businesses and processes, including account opening, key product delivery processes and back office settlement/fulfillment processes. Extensive knowledge of risk management, audit & regulatory compliance principles, practices, policies and procedures.

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.

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.

• competitive salary
• incentive pay
• banking benefits
• a benefits program*
• defined benefit pension plan*
• an employee share purchase plan
• a vacation offering
• wellbeing support
• MomentMakers, our social, points-based recognition program

*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 [e-mail]

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.

Job Location Toronto-141 Bay, 16th Floor Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Communication, Initiating Change, Operations Processes, Personal Initiative, Regulatory Compliance 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 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.