CIBC

Senior Analyst, Market Risk Solutions

CIBC$80K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Business Analysis or a related quantitative role
  • FRM or similar professional accreditation in good standing
  • Strong grasp of Capital Markets products and pricing principles
  • Familiarity with market risk metrics, models, and regulations (e.g., FRTB, Basel III)
  • Proficient in SQL, VBA, Python, or R for data manipulation
  • Detail-oriented with strong critical thinking skills
  • Ability to effectively lead and collaborate with diverse stakeholders

Responsibilities

  • Assist in developing sustainable market risk capture solutions
  • Collaborate with CMRM and non-CMRM stakeholders to drive strategic risk initiatives
  • Engage in stakeholder analysis for market risk projects
  • Document current processes and propose improvements for market risk solutions
  • Manage a portfolio of market risk projects using Agile and Waterfall methodologies
  • Develop and maintain systems for market risk measurements and reporting
  • Support new business initiatives and ensure compliance with regulatory requirements

Benefits

  • Competitive salary and incentive pay
  • Comprehensive benefits program including a defined benefit pension plan
  • Employee share purchase plan
  • Flexible hybrid work arrangement (2-3 days onsite)
  • Vacation offering and well-being support
  • Personalized recognition and career growth opportunities with initiatives like Purpose Day
Full Job Description
What you'll be doing As a Senior Analyst on the Capital Markets Risk Management (CMRM) team, you'll assist the Director, Market Risk Solutions by providing subject matter expertise in developing robust and sustainable solutions for market risk capture within our market risk systems. You'll build and maintain strong working relationships across a matrix organization, collaborating closely with both CMRM groups (Trade Floor Risk Managers, Data, Governance, Reporting, Quantitative Solutions) and non-CMRM stakeholders (Risk Technology, Front Office and FO Technology, Model Vetting, Finance, Audit). Your expertise will help ensure our market risk processes are methodologically sound and operationally efficient, supporting the ongoing evolution of risk measurement at CIBC. You'll play a key role in driving projects forward, engaging stakeholders, and contributing to the strategic direction of market risk initiatives. Within CMRM, the Risk Measurement, Systems & Reporting (RMSR) group is accountable for developing and maintaining a disciplined approach to the governance, monitoring and control of the bank’s counterparty credit, market, liquidity, funding, insurance and pension risk taking activities, and the associated risk systems. Within RMSR, Market Risk Solutions group is responsible for: · developing and maintaining systems and processes for robust market risk and CVA regulatory capital calculations, and internal market risk measurement, reporting, and monitoring · supporting new business initiatives within CIBC Capital Markets · meeting the requirements for business information, including market risk reporting and limit monitoring · delivering on regulatory initiatives in Market Risk space 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 2-3 days per week on-site, while other days will be remote. How you'll succeedDomain Knowledge - You have a degree in a quantitative field; a relevant professional designation e.g. FRM is an asset. You have a solid understanding of Capital Markets products and their pricing principles, and of market risk metrics, models (sensitivities/VaR/Stress/Backtesting) and regulations, and regulatory capital calculations (e.g. FRTB, and Basel III CVA). You’re curious and will continue to grow your knowledge of Market Risk measurement as the field evolves. FRM designation is an asset. • Business Analysis - For assigned market risk related initiatives, you will identify and engage relevant stakeholders and perform thorough analysis while applying your existing and/or developing new market risk related knowledge. You will understand the issues, document the existing state, and the required changes. You will then propose and help build consensus on solutions, contribute to definition of business processes, plan and execute testing, and present testing results to stakeholders. • Project Delivery - You will be accountable for effectively managing a portfolio of Market Risk projects/change requests, addressing and overcoming technical and/or business obstacles as they arise. You will collaborate with various stakeholders within and outside of CMRM to ensure timely completion of testing, sign off and delivery of projects within the applicable project delivery frameworks (Agile & Waterfall). Who you areYou can demonstrate a minimum 3-5 years of experience in Business Analysis, Quantitative field or related role. • You’re a certified professional. You have current accreditation and good standing in FRM. • You’re analytical. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way. • You pay attention to detail. You notice things that others might overlook. Your critical thinking skills inform your decision making. • You’re innovative. You’re digitally savvy and experienced with relational databases. You’re comfortable manipulating large datasets using languages and tools such as SQL, VBA, Python, PowerShell, or R. You adapt easily to new technologies, including AI and machine learning trends. • You act like an owner. You thrive when empowered to take the lead, go above and beyond, and deliver results within your department and across the broader CMRM team. • Values matter to you. You bring your authentic self to work and 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, 29th Floor Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Emerging Risks, Market Risk Management, Reporting and Analysis, Researching, Risk Analytics, Risk Measurement

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%

Similar Jobs

More Jobs at CIBC

More Finance & Insurance Jobs

Find similar Senior Analyst, Market Risk Solutions jobs: