CIBC

Senior Consultant, Risk Analytics

CIBC$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in risk data analysis or a related field
  • Strong knowledge of Wholesale and Retail Credit risk
  • Proficiency in data analysis tools including Power BI, Python, Databricks, Excel, and SQL
  • Understanding of Capital Adequacy Reporting (CAR) guidelines and Risk Weighted Assets (RWA)
  • Exceptional communication skills for conveying technical information effectively
  • Critical thinking ability to analyze complex problems and data
  • Adaptability to evolving technologies and innovative solutions

Responsibilities

  • Monitor regulatory developments and analyze their impact on the organization
  • Assist in the documentation of the Chief Risk Officer Self-Assessment Process (CRO SAP)
  • Optimize Risk Weighted Assets (RWA) through collaboration with various business partners
  • Communicate regulatory guidelines and actionable updates to the team
  • Facilitate risk discussions and develop presentations for senior management
  • Enhance data quality and contribute to process simplification
  • Build effective relationships with stakeholders to understand implications of CAR guidelines

Benefits

  • Competitive salary and incentive pay
  • Employee benefits program and banking benefits
  • Defined benefit pension plan and employee share purchase plan
  • Vacation offering and wellbeing support
  • Purpose Day - a paid day off for personal growth and development
  • Recognition program (MomentMakers) to reward contributions
Full Job Description
What you'll be doing

As a member of the Risk Data Assurance and Optimization (RDAO) team, the Senior Risk Data Analyst plays a critical role in Assuring that CIBC complies with Capital Adequacy Reporting (CAR) guidelines for both Retail and Wholesale Credit risk. You will assist in the documentation and delivery of the Chief Risk Officer Self-Assessment Process (CRO SAP), work with strategic partners (Treasury / Finance / Wholesale and Retail Businesses Lines) in optimizing Risk Weighted Assets (RWA) and provide insights into monthly changes in RWA across Wholesale / Retail Credit 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

  • Regulatory Monitoring and Communication - Monitor regulatory developments, analyze and assess the impact of changes, review complex documentation, and communicate relevant updates and actionable guidance to the team.
  • Focus on Innovation and Simplification. Strive for continual enhancement of data quality and contribute to process simplification.
  • Communication. Convey regulatory guidelines and technical information in understandable terms, both written and verbal to peers and senior management.
  • Collaborate Effectively - You demonstrate clarity of thought in both written and verbal communications. You will facilitate productive risk discussions and outcomes and will develop and deliver presentations and assessment summaries on an ongoing basis for senior audiences.
  • Subject Matter Expertise - Build effective working relationships with Risk Stakeholders and peers in order to understand CAR guidelines, Risk Weighted Assets and how this impacts Risk, Business Lines and CIBC.


Who you are

  • You have strong knowledge of: Wholesale and Retail Credit risk and the associated CIBC systems as well as the CAR guidelines and how they relate to the current calculation of RWA.
  • You give meaning to data. You enjoy investigating and solving complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
  • 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 digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
  • You have demonstrated experience in: Data Analysis tools (Power BI, Python, Databricks, Excel, SQL)
  • 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.


#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
Analytics

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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