Director, Business Controls

at  CIBC

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
You’ll join our Business Controls team reporting to the Senior Director, Governance and Controls Management. As a Director, Business Controls, you’ll work on an exciting team that leads various business control functions, establishing risk framework, risk detection, measurement and mitigation across all channels, segments, product and functional groups. You’ll lead a consulting team in the overall mandate of Business Controls by supporting the management of material, and systemic and emerging operational risks for Digital, Data and Strategy.
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

• Relationship Management – Act as a key relationship manager and be a key contributor to the operational risk strategy. Utilize high developed interpersonal and presentation skills to influence senior stakeholders in situations that require cooperation and/or consensus. Ensure senior management is kept apprised of material and emerging business risks by developing and recommending appropriate risk mitigation strategies. Provide proactive support to the assigned businesses throughout the various control processes such as GORM, Compliance, Internal Audits, development of Operational Risk Profiles, Incident management. Develop and deliver regular risk and control reporting to senior management.
• Risk Advisor – Provide operational risk advice including proactive risk/control deficiency identification and ongoing review of control process/procedures. Continuously improve the efficiency and effectiveness of the control environment and key control processes. Lead, manage and monitor various processes including control and compliance framework activities, Risk and Control Self-Assessment (RSA/CSA), Deficiency Management, Incidents, Change Initiative Risk Assessment (CIRA), RCIs and RGTs. Identify and assess the results of control testing/failures to determine the nature, extent and impact of the operational risk.
• People Management – Provide leadership and effective management of direct reports to influence employee commitment to the organization and their team by setting appropriate context when assigning work, building team & individual capabilities, managing performance with fair and accurate feedback and creating a positive work environment. Provide leadership and contribute to the success of the broader Business Controls team.

Who you are

• You can demonstrate experience. 3+ years’ experience in risk management, compliance, business controls, and/or audit function within the financial services industry. Extensive knowledge of risk management principles, practices, policies, and procedures including audit and business controls. You have a strong understanding of products and processes within Digital, Data, and Strategy. It’s an asset if you have people leadership experience leading a team and project management/project delivery experience.
• You are a caring and accountable leader. You’re passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define what’s possible.
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it’s the right thing to do.
• 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

Mailbox.careers-carrieres@cibc.com

• 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 tests (such as simulation, coding, French proficiency, MS Office). 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.

Job Location
Toronto-81 Bay, 24th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Business Controlling, Corporate Governance, Fraud Management, Leadership, People Management, Performance Management (PM), Risk Management, Team Development, Technical Knowledg

Please refer the Job description for details