CIBC

Manager, CB Strategic Business Coverage

CIBC$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in risk management, governance, or business management.
  • Familiarity with commercial banking, private wealth, or capital markets is a plus.
  • Strong ability to communicate complex data effectively.
  • Proactive approach to achieving goals with a resourceful mindset.
  • Flexibility and comfort with navigating uncertainties in a large institution.
  • Commitment to organizational values of trust, teamwork, and accountability.

Responsibilities

  • Critically evaluate strategies and initiatives for risk factors.
  • Participate in risk assessment and identify emerging risks.
  • Review and challenge business initiatives and risk appetite statements.
  • Deliver risk reporting to senior management and governance committees.
  • Collaborate on strategic risk appetite and key risk indicators (KRIs).
  • Stay informed on best practices and regulatory changes.
  • Foster relationships across business units to provide risk-related support.

Benefits

  • Personalized recognition programs including competitive salary and incentive pay.
  • Access to a defined benefit pension plan and employee share purchase plan.
  • Flexible work environment with a hybrid arrangement.
  • Paid time off for professional development through Purpose Day.
  • Wellbeing support and vacation offerings.
Full Job Description
What You'll Be Doing

CIBC's Strategic Business Coverage team is part of Enterprise Risk Management and is responsible for supporting the lines of business on risk-related matters. Strategic Business Coverage identifies and manages strategic risks inherent to products and services and longer term business plans. You will be responsible for supporting the Commercial Bank in identifying and managing its strategic risks, reporting to the Global Head of Strategic Business Coverage.

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 average on-site, while other days will be remote.

How You'll Succeed

Business Evaluation & Effective Challenge - Invest time to critically evaluate and effectively challenge Commercial Banking specific strategies, products, and new initiatives

Risk Assessment - Participate in various risk assessment processes, including the quarterly emerging and known strategic

Report - Deliver regular risk reporting to senior management and various governance committees highlighting risks unique to Commercial Banking and its impact to the broader organization.

Relationship Building - Foster relationships across US Commercial Banking, becoming an advisor and trusted partner on risk-related matters and provide support where needed,

Who You Are

You demonstrate experience in Commercial Banking, having worked in the business line itself or a business management team. Specifically, you have at least 7 years of industry-relevant experience and are familiar with commercial banking products, services and related risks.

You are familiar and deeply appreciate the importance of risk management and governance, including risk identification, risk appetite setting and monitoring and can advise on best practices.

You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You have the ability to support the program by synthesizing data and presenting it in a digestible and concise manner.

You're driven to succeed. You're motivated by accomplishing your goals and delivering your best to make an impact. Being proactive comes naturally to you, and you anticipate questions and next steps to see projects through to completion.

You see the bigger picture. You are comfortable taking on ad hoc projects and operating in the unknown. You may not have all of the answers up front, but that doesn't bother you. You are resourceful and know how to navigate a large financial institution.

You embrace and champion change. You're flexible and can pivot easily. You'll continuously evolve your thinking and the way you work in order to deliver your best. You are comfortable working independently and possess an entrepreneurial mindset.

Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability. #LI-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, 29th Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Compliance Program Management, Enterprise Risk Management (ERM), Group Problem Solving, Professional Presentation, Reporting and Analysis

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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