Senior Consultant, Operation Risk Methodolodgy and Taxonomies

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you’ll be doing

The Senior Consultant for Operation Risk Methodology and Taxonomies will play a critical role in supporting and validating the second line of defense (2LOD) in risk management. As the Senior Consultant, you will be responsible for developing and maintaining the framework and taxonomies that support operational risk management, conducting data analysis, and collaborating with various teams to enhance risk management practices.
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

• Maintain framework – Update and manage the Operational Risk Management and Operational Resilience Framework.

• Maintain taxonomies – Update and manage taxonomies, including Operational Risk Event, Cause, Impact, Process, and Product taxonomies, to support operational risk management.

• Independence – Ensure three lines of defence methodology is documented, communicated and followed.

• Support – Provide ongoing guidance and support on the operationalization of the framework and taxonomies.

Who you are

• You can demonstrate experience (3-5 years) in operational risk management or a related field and have knowledge of regulatory requirements and compliance monitoring. It’s an asset if you have experience in developing and managing frameworks and taxonomies.

• You can demonstrate strong analytical skills with the ability to interpret complex data.

• You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. 

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity

• 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.

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

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

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