Senior Manager, Real Estate Secured Lending Policy and Regulatory Initiatives

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Senior Manager, Real Estate Secured Lending Policy and Regulatory Initiatives

Apply locations Toronto, ON time type Full time posted on Posted 3 Days Ago time left to apply End Date: April 23, 2025 (10 days left to apply) job requisition id 2508641

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

Risk Management is led by the Senior Vice-President and Chief Risk Officer and is accountable on matters relating to the independent oversight of the management of risks inherent to CIBC’s activities. Retail Risk Management (RRM) oversees the management of credit and fraud risk associated with the retail lines of credit and loans, residential mortgages portfolios, and credit risk for the credit card portfolio. Responsibilities for RRM include credit adjudication, the optimization of lending profitability through the development of effective credit risk guidelines, loan loss mitigation strategies and asset/revenue protection measures.

As Senior Manager, Real Estate Secured Lending Policy and Regulatory Initiatives, you will: lead RESL policy discussions, enhancements and deployment of RESL policy changes; manage regulatory initiatives to ensure successful implementation and ensure regulatory compliance; lead and develop policy and regulatory documentation to ensure clear and accurate communication of policy; establish and provide oversight on business processes, risk controls and other success metrics.

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

• Communication – You have well-developed interactive skills sufficient to convey or present factual and conceptual information on issues that require detailed explanation and interpretation. You have good writing skills to effectively communicate material through interpretation, analysis and assessment to articulate conclusions. You will provide credit risk management expertise, guidance and counsel to business partners during projects especially as it relates to development of robust operational processes that minimize/avoid any future operational credit risk issues in order to lower the bank’s risk profile.

• Project management – You have the ability manage multiple and often competing priorities; and can deliver in a timely manner. You will also provide your expertise in setting priorities as well as in managing multiple teams to ensure deliverables are completed on time. This role will also be required to communicate timelines, dependencies, milestones and project impacts to stakeholders, partners, and senior leadership.

• Business analysis– You have the ability to identify and analyze problems, recommend and develop effective solutions. You have knowledge of statistics to support reporting and analysis responsibilities. You have experience with development of risk segmentation strategies for acquisition, as well as associated automated decision systems, tools and technologies (eg. Decision Manager, TRIAD, or other such automated systems). You will review monthly portfolio reports, determine key portfolio risk trends and provide synopsis with commentary to the Senior Director, Real Estate Secured Lending.

• Agile/adaptable - You will be able to prioritize current deliverables alongside ad-hoc business user, audit and urgent Executive requests. You have the ability to work under tight deadlines. You will be accountable for contributing to training within the Real Estate Secured Lending team aimed at enhancing the technical, business and risk knowledge of the team.

Who you are

• You can demonstrate experience in and haveworking knowledge of real estate lending policies and practices, both internal and industry-wide.

• You have expertise of Bank Act, OSFI B-20, Insurer, and other regulatory requirements pertaining to Real Estate Secured Lending, and have and working knowledge of these policies.

• 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 love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

• 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.

*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 Mailbox.careers-carrieres@cibc.com

• 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.

Job Location

Toronto-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Processes, Communication, Executive Communications, Executive Presenting, Executive Relationships, Lending Compliance, Lending Regulations, Personal Initiative, Policy Development, Policy Making, Prioritization, Public Speaking, Real Estate Lending, Real Estate Secured Lending, Regulatory Communications, Regulatory Compliance, Regulatory Policies, Risk Management, Secured Lending, Stakeholder Management