CIBC

Director, Technology Operational Risk

CIBC$125K — $150K *
Enterprise Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in IT risk management or technology governance
  • Strong background in cloud computing, cybersecurity, data governance, and IT service management
  • Ability to produce content for senior management on technical subjects
  • Recognized industry certifications like ITIL, CISM, or CISSP are assets
  • Excellent critical thinking and analytical skills to assess complex data and risk situations

Responsibilities

  • Provide oversight for identifying, measuring, mitigating, and monitoring technology risks
  • Communicate technology risk status and strategies to senior management and risk committees
  • Build and maintain productive internal relationships across technology and risk functions
  • Review operational practices and other relevant information to assess technology risks
  • Maintain awareness of industry practices and emerging technology trends

Benefits

  • Competitive salary and incentive pay
  • Banking benefits along with a comprehensive benefits program
  • Defined benefit pension plan and employee share purchase plan
  • Generous vacation offering and wellbeing support
  • Purpose Day initiative for personal growth and development time
Full Job Description
What you'll be doing

In this second line of defense risk management role, you will provide oversight over the identification, measurement, mitigation and monitoring of technology risk and ensure that CIBC continues to meets the key requirements of the Sound Practices for the Management and Supervision of Operational Risk. In this capacity, the Director will work in closely with technology and risk partners across the company to ensure a consistent and collaborative approach to managing technology risk.

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

  • Effective Communications - You demonstrate clarity of thought in both written and verbal communications. You develop and deliver strong reporting content, presentations and assessment summaries on an ongoing basis for senior audiences and risk committees up to and including the Board.
  • Relationships - Build and sustain strong internal relationships where you are viewed as a valued partner that offers sound and pragmatic guidance, demonstrates a deep understanding their environment and context and facilitates productive risk discussions and outcomes. You closely track status of key technology risk initiatives and programs to clearly understand, challenge and influence program objectives to ensure objectives are met and risk is reduced.
  • Risk management - You review operational practices, risk assessments, controls, deficiencies, metrics, and other relevant information to form an independent view of technology risks and perform effective challenge. You leverage a risk-based approach to understand and manage risk of technology-related activities to ensure alignment to operational risk management policies and framework and CIBC risk appetite. You leverage strong data and analytical skills to perform detailed research to produce risk insights on current and emerging technologies for distribution to various internal audiences. You generate impactful and insightful risk reporting to be presented to senior leaders within CIBC.
  • Technical expertise - You bring instant credibility by skillfully leveraging your strong breadth of technology experience and depth of knowledge in key areas such as cloud, data governance, cybersecurity and IT service management to deliver and communicate positive risk management outcomes with various audiences, including senior leaders.
  • Strategy and policies - Maintain an industry view of the broad technology landscape, understand best practices, regulations and performance benchmarks, monitor emerging technology trends and threats and interface with peers and thought leaders to define and influence technology risk policies and standards. Ensure that roles and responsibilities for the three lines of defense for technology risk are clear.
  • Independent oversight and assessment - Review operational practices, risk assessments, controls, deficiencies, metrics, and other relevant information to form an independent view of technology risks. Develop materials to communicate technology risk status, accomplishments, trends and issues to senior audiences through various forums such as senior management meetings and risk committees.


Who you are

  • You can demonstrate breadth of experience IT service management, technology governance and associated industry frameworks and regulations. It's an asset if you have technical experience in areas such as cloud computing, containerization, IT service management, and development practices (DevOps, Agile) and have been accountable for producing content for senior management on technical subject matter.
  • 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're a certified professional. Industry recognized technology certifications such as ITIL, CISM, CISSP are not mandatory but are considered assets.
  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to synthesize detailed information and communicate insights and conclusions in an impactful way.
  • 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 embrace and champion change. You 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.


#L1-TA

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

Job Location
Toronto-81 Bay, 31st Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Agile Methodology, Communication, Cybersecurity, Developing Others, DevOps, Emerging Technologies, Emerging Technology Trends, Information Technology (IT) Services, Leadership, Risk Management, Services Management, Technical Knowledge, Technological Experience, Technology Governance, Technology Landscape, Technology Risk, Technology Trends

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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