Senior Director, Counterparty Credit Risk - Hybrid

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 150,000 - 230,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Benefits program

Defined benefit pension

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition

Job summary

Canadian Imperial Bank of Commerce (CIBC) is seeking a Director of Counterparty Credit Risk Methodology in Toronto. You will lead design and governance of advanced methodologies, partnering with Front Office, Risk, Technology, Finance, and Audit to strengthen risk measurement and regulatory alignment.

You will manage cross-functional initiatives, mentor team members, and translate complex quantitative concepts for senior stakeholders.

Qualifications

• Advanced degree in a quantitative field (e.g., mathematics, statistics, financial engineering).
• 5+ years of experience in quantitative risk modelling or counterparty credit risk methodologies.
• Strong programming skills; Python required, C# & OO programming a plus.
• Experience with model governance, validation, and risk management.

Responsibilities

• Lead design, development, and implementation of counterparty credit risk methodologies and models.
• Oversee governance of model lifecycle including testing, calibration, and monitoring.
• Coordinate cross-functional initiatives across Front Office, Risk, Technology, and Finance.
• Communicate complex quantitative concepts clearly to senior leadership and governance forums.

Skills

Python

C#

Counterparty credit risk

Risk modelling

Leadership

Communication

Education

Master's or PhD in quantitative field

Tools

OO Programming

Job description

Canadian Imperial Bank of Commerce (CIBC) is seeking a Director of Counterparty Credit Risk Methodology in Toronto. You will lead design and governance of advanced methodologies, partnering with Front Office, Risk, Technology, Finance, and Audit to strengthen risk measurement and regulatory alignment.

You will manage cross-functional initiatives, mentor team members, and translate complex quantitative concepts for senior stakeholders.