Director, Business Controls - Real Estate Secured Lending (18 Month Fixed Term Contract)

CIBC; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading Canadian bank in Toronto is seeking a Director, Business Controls to manage risk frameworks and lead a consulting team. The role demands 5+ years in risk management within financial services, with a focus on leadership and stakeholder engagement. You’ll work in a hybrid model, combining on-site and remote work, and help drive their operational risk strategy.

Benefits

Competitive compensation

Banking benefits

Wellbeing support

Employee assistance programs

Qualifications

• 5+ years’ experience in senior business controls, risk, compliance, or audit functions in financial services.
• People leadership experience leading diverse, high performing teams.
• Strong knowledge in risk management principles.

Responsibilities

• Act as a key relationship manager and influence senior stakeholders.
• Provide operational risk advice and improve control processes.
• Lead and manage direct reports to foster engagement and team success.

Skills

People Leadership

Risk Management

Corporate Governance

Performance Management

Team Development

Technical Knowledge

Education

MBA or CPA designation

Job description

Overview

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 Director, Business Controls, you’ll join our Business Controls team reporting to the Senior Director, Business Controls. You’ll work on an exciting team that leads various business control functions, establishing risk framework, risk detection, measurement and mitigation across all channels, segments, product and functional groups. You’ll lead a consulting team in the overall mandate of Business Controls by supporting the management of material, and systemic and emerging operational risks. You’ll manage relationships and contribute to the operational risk strategy of the Real Estate Secured Lending (RESL) portfolio within Personal Lending.

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 – Act as a key relationship manager and be a key contributor to the operational risk strategy. Utilize high developed interpersonal and presentation skills to influence senior stakeholders in situations that require cooperation and / or consensus. Ensure senior management is kept apprised of material and emerging business risks by developing and recommending appropriate risk mitigation strategies. Provide proactive support to the assigned businesses throughout the various control processes such as Internal Audits, development of Operational Risk Profiles, Incident management. Develop and deliver regular risk and control reporting to senior management.
• Risk Advisor – Provide operational risk advice including proactive risk / control deficiency identification and ongoing review of control process / procedures. Continuously improve the efficiency and effectiveness of the control environment and key control processes. Lead, manage and monitor various processes including control framework activities, Risk and Control Self-Assessment (RCSA), and Change Initiative Risk Assessment (CIRA). Identify and assess the results of control testing / failures to determine the nature, extent and impact of the operational risk.
• People Management – Provide leadership and effective management of direct reports to influence employee commitment to the organization and their team by setting appropriate context when assigning work, building team & individual capabilities, managing performance with fair and accurate feedback and creating a positive work environment. Provide leadership and contribute to the success of the broader Business Controls team.

Who You Are

• You can demonstrate experience. 5+ years’ experience in a senior business controls, risk, compliance and / or audit function within the financial services industry with extensive knowledge and experience in risk management principles, practices, policies and procedures including audit and business controls. People leadership experience leading a team. Knowledge and understanding of products and processes within Personal Lending a strong asset. MBA degree and / or CPA designation considered an asset.
• You are a caring and accountable leader. You're passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible.
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
• 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 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 [e-mail]
• 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.

Other Details

• Expected End Date : 2027-04-09
• Job Location : Toronto-81 Bay, 23rd Floor
• Employment Type : Temporary (Fixed Term)
• Weekly Hours : 37.5
• Skills : Corporate Governance, People Leadership, People Management, Performance Management (PM), Risk Management, Team Development, Technical Knowledge

J-18808-Ljbffr