What you'll be doing

The Senior Director, Funding and Liquidity Risk Management has the mandate to lead the groups responsible for the 'second line of defense' governing the following areas of oversight: Liquidity Risk and Funding Risk, Intraday Liquidity Risk management, Recover & Resolution planning, Contingency funding planning and Subsidiary Oversight. The group actively partners with Treasury, other Capital Markets Risk Management colleagues, Capital Markets, core strategic business units (SBUs), and other infrastructure groups to provide effective challenge and produce key reports and metrics for senior leadership and regulators to measure and validate CIBC's liquidity risk posture.

As the Senior Director, Funding and Liquidity Risk Management, you will participate and co-ordinate the risk management governance.

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 succeed

• Communication - You are expected to communicate with key stakeholders and collaborate for business requests.
• Strong leadership - You will take a leadership and collaborative role in ensuring the integrity of risk data and the continued development of comprehensive processes to capture and download of market risk data for firm-wide consolidation.
• Relationship building - To work with individual traders, Treasury team members and infrastructure units to ensure their understanding and commitment to evolving risk management methodologies. To conduct formal and informal training as required.
• Collaboration and partnership - Actively co-ordinate the implementation of systems and processes for the measurement and monitoring of market risks in Treasury and subsidiaries in Toronto, and globally, as part of a team.
• Project management - You will lead complex group-wide projects, contributing innovative thinking and an advanced analytical approach. You will also represent both Risk Management and CIBC at Canadian Bankers Association (CBA) meetings when topics relating to areas of oversight are tabled. This includes general discussions with peer institutions as well as CBA led reviews of regulatory updates and meetings with OSFI.

Who you are

• You can demonstrate experience. In highly specialized quantitative expertise, business knowledge and experience to influence and support the development, implementation and maintenance of liquidity risk appetite. You have experience in the following areas - Liquidity, funding, balance sheet, market risk, audit, governance, recovery, resolution, intraday liquidity and other relevant areas.
• It is an asset. Advanced knowledge of the Canadian and global markets, including practical knowledge of derivative instruments and the issues surrounding their pricing and liquidity risk management. A CFA/FRM/PRM designation is an asset.
• You have a degree. You have a University degree in finance, mathematics, physics, engineering and/or related discipline.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.
• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.

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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, Continuous Improvement Techniques, Decision Making, Liquidity Risk, Long Term Planning, Market Risk, Market Risk Analysis, People Management, Regulatory Requirements, Risk Management Framework