Canadian Imperial Bank of Commerce
Sr Consultant - Business Controls
Canadian Imperial Bank of Commerce, Chicago, Illinois, United States, 60290
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.
Please make sure you read the following details carefully before making any applications. 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 As a member of the US Commercial Banking Risk Governance team, you’ll support the risk management activities for the Client Banking Specialist and Treasury Management teams. This will include supporting the business in the identification of controls, participating in risk assessments, leading remediation of deficiencies, writing procedures, monitoring business processes, and reporting on business risk outcomes. This role will liaise with the second and third lines of defense on new/changes to risk programs, gathering evidence and support during exams, and providing subject matter expertise over the processes executed by the Client Banking Specialists and Treasury Management teams. At CIBC, we enable the most optimal work environment for you to thrive. You’ll have the flexibility to manage your work activities within a hybrid work arrangement, spending 2-3 days per week on-site, with other days remote. How You’ll Succeed Relationship Management -
Build and manage relationships with business partners and the 2nd and 3rd Lines of Defense regarding risk management. Represent Risk Governance on LOB initiatives.
Risk Assessment/Risk Consulting -
Identify risk exposures and control gaps proactively. Analyze risks, operational losses, root causes, and control gaps. Lead assessments and recommendations to mitigate risks. Ensure compliance with the CIBC CIRA process. Act as a risk SME, providing expert advice, and participate in complex projects to identify risk and control issues. Lead internal audits, exams, and reviews for the LOB.
Risk Subject Matter Expertise -
Understand and communicate requirements related to fraud, AML, compliance, data, and transaction risks. Translate risk requirements into processes and controls. Identify efficiency opportunities.
Control Framework Design/Execution/Management -
Ensure awareness and understanding of control framework requirements. Lead completion of RCSAs, KRIs, and act as Maintenance Officer for OPCs, FPCs, and RCM controls. Develop and present executive reports on governance and controls.
Who You Are You demonstrate experience in
Understanding account opening processes, key product delivery, and back-office settlement/fulfillment. Extensive knowledge of risk management, audit, and regulatory compliance principles and procedures. You demonstrate experience in
Commercial Banking, Capital Markets, or Wealth Management products and channels. You have a degree
in accounting, finance, or a related field, with a minimum of 5-10 years of experience. At CIBC, we offer a competitive total rewards package. The expected salary range for this role is $112,500 - $130,000, based on experience, qualifications, and location. The successful candidate may participate in incentive plans, including discretionary bonuses. We also provide comprehensive benefits, including Medical, Dental, Vision, HSA, Life Insurance, Disability, Paid Time Off, Holidays, and 401(k). California residents — your privacy rights regarding your employment #LI-TA What CIBC Offers We prioritize your goals by recognizing your strengths and ambitions, creating opportunities for growth. We offer a competitive salary, incentive pay, banking benefits, a benefits program, vacation, wellbeing support, and MomentMakers recognition program. Our spaces and tools foster innovation and collaboration. We support your development through initiatives like Purpose Day, a paid day off for personal growth. *Subject to plan and program terms and conditions. What you need to know CIBC is committed to inclusion and accessibility. If you need accommodations, contact Mailbox.careers-carrieres@cibc.com.
You must be legally eligible to work at the specified location(s) and have the necessary permits.
We may require assessments or skills tests as part of the application process.
Job Location IL-120 S LaSalle St
Employment Type Regular
Weekly Hours 40
Skills Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Compliance, Risk Assessments, Risk Governance, Risk Management, Work Collaboratively #J-18808-Ljbffr
Please make sure you read the following details carefully before making any applications. 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 As a member of the US Commercial Banking Risk Governance team, you’ll support the risk management activities for the Client Banking Specialist and Treasury Management teams. This will include supporting the business in the identification of controls, participating in risk assessments, leading remediation of deficiencies, writing procedures, monitoring business processes, and reporting on business risk outcomes. This role will liaise with the second and third lines of defense on new/changes to risk programs, gathering evidence and support during exams, and providing subject matter expertise over the processes executed by the Client Banking Specialists and Treasury Management teams. At CIBC, we enable the most optimal work environment for you to thrive. You’ll have the flexibility to manage your work activities within a hybrid work arrangement, spending 2-3 days per week on-site, with other days remote. How You’ll Succeed Relationship Management -
Build and manage relationships with business partners and the 2nd and 3rd Lines of Defense regarding risk management. Represent Risk Governance on LOB initiatives.
Risk Assessment/Risk Consulting -
Identify risk exposures and control gaps proactively. Analyze risks, operational losses, root causes, and control gaps. Lead assessments and recommendations to mitigate risks. Ensure compliance with the CIBC CIRA process. Act as a risk SME, providing expert advice, and participate in complex projects to identify risk and control issues. Lead internal audits, exams, and reviews for the LOB.
Risk Subject Matter Expertise -
Understand and communicate requirements related to fraud, AML, compliance, data, and transaction risks. Translate risk requirements into processes and controls. Identify efficiency opportunities.
Control Framework Design/Execution/Management -
Ensure awareness and understanding of control framework requirements. Lead completion of RCSAs, KRIs, and act as Maintenance Officer for OPCs, FPCs, and RCM controls. Develop and present executive reports on governance and controls.
Who You Are You demonstrate experience in
Understanding account opening processes, key product delivery, and back-office settlement/fulfillment. Extensive knowledge of risk management, audit, and regulatory compliance principles and procedures. You demonstrate experience in
Commercial Banking, Capital Markets, or Wealth Management products and channels. You have a degree
in accounting, finance, or a related field, with a minimum of 5-10 years of experience. At CIBC, we offer a competitive total rewards package. The expected salary range for this role is $112,500 - $130,000, based on experience, qualifications, and location. The successful candidate may participate in incentive plans, including discretionary bonuses. We also provide comprehensive benefits, including Medical, Dental, Vision, HSA, Life Insurance, Disability, Paid Time Off, Holidays, and 401(k). California residents — your privacy rights regarding your employment #LI-TA What CIBC Offers We prioritize your goals by recognizing your strengths and ambitions, creating opportunities for growth. We offer a competitive salary, incentive pay, banking benefits, a benefits program, vacation, wellbeing support, and MomentMakers recognition program. Our spaces and tools foster innovation and collaboration. We support your development through initiatives like Purpose Day, a paid day off for personal growth. *Subject to plan and program terms and conditions. What you need to know CIBC is committed to inclusion and accessibility. If you need accommodations, contact Mailbox.careers-carrieres@cibc.com.
You must be legally eligible to work at the specified location(s) and have the necessary permits.
We may require assessments or skills tests as part of the application process.
Job Location IL-120 S LaSalle St
Employment Type Regular
Weekly Hours 40
Skills Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Compliance, Risk Assessments, Risk Governance, Risk Management, Work Collaboratively #J-18808-Ljbffr