Sr. Analyst, US Operational Risk Management

Canadian Imperial Bank of Commerce; Chicago, Northern (IL, KY); Hybrid; USD 83,000 - 95,000; Full time

Benefits offered by this job

Hybrid work arrangement

Competitive compensation package

Job summary

Canadian Imperial Bank of Commerce (CIBC) is seeking a Senior Analyst for US Operational Risk Management in Chicago. You will support recurring ORM activities, assist with data gathering, and contribute to governance, change management, and reporting across US ORM teams.

The role offers hybrid work with three days on-site and potential eligibility for incentive compensation. A bachelor’s degree and 3+ years of experience in consulting or financial institutions are preferred.

Qualifications

• Bachelor’s degree in a relevant field and 3+ years experience in consulting or financial services.
• Legal authorization to work in the United States.

Responsibilities

• Support recurring US ORM program execution activities, including RCSA program reporting and risk metrics.
• Participate in operational risk assessments and related program activities by gathering data and documenting outcomes.
• Contribute to project-based assignments across US ORM teams to gain exposure to different aspects of the program.
• Assist in development and maintenance of program materials, procedures, and training content.
• Build knowledge of US ORM framework, governance practices, and program requirements.

Skills

Analytical Thinking

Continuous Improvement Techniques

Control Frameworks

Group Problem Solving

Operation Risk Management

Risk Assessments

Risk Monitoring

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 The Senior Analyst, US Operational Risk Management, supports the execution, reporting, and continuous enhancement of the US Operational Risk Management program. This role is intended to provide broad exposure across US ORM through a combination of recurring accountabilities and project-based assignments supporting multiple ORM teams. The role will help build foundational operational risk management knowledge across areas such as portfolio management, risk assessments, program governance, change management, control testing, reporting and analytics, third party risk management, business continuity, operational resilience, cyber risk, data risk, fraud risk, and physical security risk management. 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 3 days per week on-site, while other days will be remote. The scope of this mandate includes all Combined US Operations including Commercial Banking, Commercial Real Estate, Private Wealth, Private, Personal, and Digital Banking, Capital Markets, and supporting infrastructure teams including US Chief Administrative Office & Technology, Data, and AI.

What You’ll Be Doing

• Support recurring US ORM program execution activities, including RCSA program reporting, operational loss metrics and related management reporting.
• Participate in operational risk assessments and related program activities by gathering data, preparing materials, documenting outcomes, tracking follow-ups, and supporting timely execution.
• Contribute to project-based assignments across US ORM teams based on business needs, providing the analyst with exposure to different aspects of the operational risk program.
• Support the development and maintenance of program materials, guidance, procedures, job aids, meeting materials, and training or change management content.
• Build knowledge of CIBC’s US operational risk framework, risk culture, governance practices, and applicable program requirements while developing the skills necessary to progress within US ORM.

Who You Are

Bachelor’s degree 3 + years of experience in Consulting or Financial Institution California residents — your privacy rights regarding your actual or prospective employment At CIBC

We offer a competitive total rewards package. This role has an expected salary range of $83,000 - $95,000 for the market based on experience, qualifications, and location of the position.

The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component.

What CIBC Offers

CIBC offers a full range of benefits and programs to meet our employee’s needs, including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

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*, 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 applications 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, 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 IL-Chicago, 70 W Madison St Fl 8

Employment Type Regular

Weekly Hours 40

Skills

• Analytical Thinking
• Continuous Improvement Techniques
• Control Frameworks
• Group Problem Solving
• Operation Risk Management
• Risk Assessments
• Risk Monitoring

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.