Director, Investment Risk – Global Operational Risk Management

CIBC; Toronto; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Benefits program

Pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition

Job summary

CIBC is seeking a wealth management professional to oversee investment risk across client portfolios and firm exposures. You will partner with governance groups to challenge risk topics and provide analysis on complex products and strategies.

The role requires CFA certification, ISDA/CSA knowledge, and a collaborative approach in a hybrid Toronto setting.

Qualifications

• You’re a certified professional. You are a CFA Charter holder, and have extensive experience in Wealth Management.
• You have knowledge of ISDA and CSA, policy development, risk management practices and controls, and regulatory requirements in Wealth Management.

Responsibilities

• Proactively identify, assess, monitor and mitigate investment risks across portfolios from individual holdings to firm‑wide exposures.
• Provide independent challenge and oversight of investment risk topics.
• Perform meaningful risk reviews and ad‑hoc analysis on investment risk subjects.
• Collaborate with governance groups to support complex investments, funds and strategies.

Skills

Investment risk

Relationship building

Analytical thinking

Collaboration

Regulatory knowledge

Education

CFA Charter holder

Tools

ISDA

CSA

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 be working closely with the Canadian Wealth Management business to ensure that investment risks are proactively identified, assessed, monitored and mitigated across portfolios ranging from individual client holdings to firm wide exposures.

• suitability
• product due diligence
• liquidity
• concentrations
• counterparties
• seed capital
• performance reporting
• conflicts of interest
• valuations

You will partner with other governance groups to provide independent challenge and oversight of investment risk topics as well as subject matter expertise regarding complex investments products and strategies.

• new hedge funds
• closed end funds
• structured notes
• other alternative investment products

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

• Independently challenge – provide effective challenge in the area of investment risk
• Relationship Building – partner with the business to achieve outcomes which protect our clients and our bank
• Analysis – provide meaningful analysis of investment risk subjects by performing risk reviews and ad‑hoc analysis on investment risk subjects
• Active Participation – be engaged and proactive in your approach to identification, assessment, monitoring and mitigation of investment risk

Who you are

You have strong knowledge of: Wealth business, with a focus on distribution of investment products and financial product analysis.

You can demonstrate industry experience: with ISDA and CSA, policy development, risk management practices, and controls, as well as knowledge in regulatory requirements in Wealth Management.

You’re a certified professional. You are a CFA Charter holder, and has extensive experience in Wealth Management.

Client‑Focused. 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.

Detail Oriented. 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.

Collaborative. You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

Analytical. 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 live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

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. *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-81 Bay, 31st Floor

Employment Type Regular

Weekly Hours 37.5

Skills Accountability, Collaboration, Financial Products, Investigating, Investments, Market Liquidity, Proactive Behavior, Risk Management, Teamwork

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.