Risk Manager, Global Operational Risk Management

Job title: Risk Manager, Global Operational Risk Management

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

Job Description

What You’ll Be Doing

Global Operational Risk Management (GORM) is responsible for providing oversight of CIBC’s global operational risk exposures through the Operational Risk Management and Control Frameworks including people, technology, processes or external events. The Operational Risk Management team and Control Programs is part of GORM and is responsible for developing and managing frameworks, policies, systems, tools and processes to ensure CIBC has a sound internal control environment, meets regulatory requirements and is effective in managing operational risks. The group is also responsible for operational risk measurement including the calculation of operational risk capital in compliances with the regulatory requirements.

As the Risk Manager, in this second line of defense risk management role, you will provide support in implementing the Operational Incident Reporting process which establishes a consistent approach to identify and assess root causes of the operational breakdowns, effectiveness of existing controls and development of remediation actions. You will work closely with the business partners and GORM portfolio managers to ensure consistent enterprise-wide delivery of the program to assist the business lines to better understand their operational risks and prevent future recurrence of similar incidents. You will support facilitating presentation of incidents at the Risk Assessment Review Committee (RARC), an enterprise-level committee. In addition, you will play a key role in providing training and communication to the stakeholders when rolling out program enhancements, and proactively identifying areas for continuous program improvement.

How You’ll Succeed

• Efficient and Organized – You will be working in a multi-tasking environment with tight timelines, balancing a number of priorities to ensure timely completion of incident reports and presentation at RARC
• Analytical and Detail Oriented – You will be responsible for thorough review of incident notifications to ensure that required information is presented as per program guidelines, program related reporting & analytics, data migration & validation, and program tool design & testing when rolling out enhancements
• Collaborate – You will frequently liaise with business partners, and GORM portfolio managers to establish collaborative relationships, facilitate RARC committee meetings, provide expertise and training to all stakeholders, and communicate changes or issues identified.

Who You Are

• You can demonstrate experience in reporting processes and have good analytical skills using Excel and working knowledge of Microsoft Word, Outlook and PowerPoint. You are familiar with banking products and services, including regulatory requirements, and operational risk management processes and procedure. It’s an asset if you have any experience/ exposure in Financial Analysis or Business Controls.
• You have a University Degree and work experience in the Financial Industry.
• 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.
• You act like an owner. You thrive when you’re empowered to take the lead, go above and beyond, and deliver results.
• You’re passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity
• You love to learn. You’re passionate about growing your knowledge, and you know that there is no limit to what you can achieve.
• You embrace and champion change. You’ll continuously evolve your thinking and the way you work in order to deliver your best.
• 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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

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
• 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

Job Location Toronto-CC East 6th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

Company: CIBC

Expected salary:

Location: Toronto, ON

Job date: Sat, 18 Dec 2021 06:00:22 GMT

Job Source: Careerjet.ca

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