What you'll be doing

Reporting to the Senior Director, OSFI Assurance, the Senior Business Analyst, Liquidity Assurance will provide insight and recommendations on the development and implementation of assurance frameworks that align with the Office of the Superintendent of Financial Institutions (OSFI) regulations. This role is critical in ensuring compliance, risk management, and operational excellence within the organization. You'll collaborate with senior leadership and assurance professionals to support strategic initiatives, drive process improvements, and foster a culture of compliance and risk awareness. Your expertise will help build and maintain relationships with auditors, ensuring proactive engagement and communication.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

• Assurance Strategy - Develop and support the OSFI assurance strategy, ensuring alignment with organizational goals and regulatory requirements.
• Risk Assessments - Conduct risk assessments for liquidity reporting processes, including Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR). Present end-to-end reporting flows, identify potential risks, and prepare and present assurance findings and recommendations to risk, internal, and external audit teams.
• Process Improvements - Collaborate with senior leadership to identify areas of improvement and implement effective solutions to enhance compliance and operational efficiency.
• Training - Foster a culture of compliance and risk awareness throughout the organization through training and communication initiatives.
• Stakeholder Management - Build and maintain relationships with internal and external auditors, ensuring open lines of communication and proactive engagement.
• Inquiry Response - Answer inquiries regarding the liquidity reporting process, providing clear and accurate information to internal and external stakeholders.

Who you are

• You have a degree in Business or Accounting. An MBA and/or CFA is an asset.
• You bring over 5 years of relevant work experience in the banking industry. Your background includes familiarity with industry products and best practices. You have experience working with Bank data infrastructure and reporting systems. Your experience enables you to navigate and leverage these systems effectively. Experience and knowledge of CIBC liquidity reporting related systems including financial and management accounting systems, MST, QRM and other source systems is an asset. You have advanced SQL skills. You can work with SQL applications to analyze and manage data, supporting business objectives.
• Liquidity knowledge is an asset. Understanding liquidity risk management is beneficial for this role.
• You are proficient with business applications. Expertise in Microsoft Excel, PowerPoint, and Word supports your ability to deliver high-quality work.
• You put our clients first. You engage with purpose to find the right solutions and go the extra mile because it's the right thing to do.
• Your influence makes a difference. You know that relationships and networks are essential to success and inspire outcomes by sharing your expertise.
• 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

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