Director, Financial Crisis Management

Toronto, ON, Canada

Job Description


We\xe2\x80\x99re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what\xe2\x80\x99s 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 visitWhat You\xe2\x80\x99ll Be DoingAs a Director, you will report to the Senior Director, Liquidity & Financial Crisis Management and help \xe2\x80\x93 and often lead \xe2\x80\x93 the design, coordination, management and delivery of large, multi-stakeholder projects. You will become an integral contributor to CIBC\xe2\x80\x99s Recovery & Resolution Plan deliverables, and will play a critical role in the development and maintenance of comprehensive contingency plans for the Bank\xe2\x80\x99s Financial Market Infrastructures (FMIs), ensuring alignment with regulatory requirements and industry best practices. You will also support the maintenance and enhancement of a comprehensive liquidity management framework to measure, monitor, and analyze liquidity risk for the bank.You will also apply technical expertise to ensure efficient, accurate and timely support of various financial crisis management initiatives, including testing design, coordination and execution and will be instrumental in modernizing CIBC\xe2\x80\x99s suite of crisis management plans to ensure our Bank\xe2\x80\x99s ability to manage stress.At CIBC we enable the work environment most optimal for you to thrive in your role. You\xe2\x80\x99ll have the flexibility to manage your work activities within a hybrid work arrangement where you\xe2\x80\x99ll spend 1-3 days per week on-site, while other days will be remote. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.How You\xe2\x80\x99ll Succeed

  • Diversity of Banking Experience \xe2\x80\x93 We see the whole Bank in the work that we do, and having experience in multiple areas of our Bank or a diversity of roles within the financial industry is beneficial.
  • FMI Contingency Planning \xe2\x80\x93 Lead the development and maintenance of comprehensive contingency plans for CIBC\xe2\x80\x99s critical FMIs, to ensure Bank\xe2\x80\x99s preparedness to maintaining continued access to clearing, payment, settlement and custody services during financial crisis.
  • Liquidity Management Governance and Controls \xe2\x80\x93 Ensure the timely and accurate delivery of liquidity metrics through execution and continued development of the governance & controls within the liquidity management framework.
  • Process Improvements \xe2\x80\x93 Establish initiatives to further the liquidity management framework, improving measurement, reporting and analysis.
  • Training and Awareness \xe2\x80\x93 Provide training and guidance to relevant stakeholders on contingency planning, liquidity management and relevant regulatory requirements to enhance organizational preparedness and awareness.
  • Writing and Presenting \xe2\x80\x93 Write and enhance the Bank\xe2\x80\x99s financial crisis management plans, create/summarize technical reports and presentations related to key regulatory and internal deliverables, ultimately presenting them to senior audiences, including bank executives, industry peers and regulators.
  • Technical Knowledge \xe2\x80\x93 An understanding of global regulatory requirements (Basel III, FSB), liquidity management, OSFI\xe2\x80\x99s Recovery Planning and CDIC\xe2\x80\x99s Resolution Planning requirements and related deliverables.
  • Relationship Management \xe2\x80\x93 Develop relationships with internal partners and stakeholders to ensure effective end-to-end process management and advisory with a high degree of accountability.
Who You Are
  • You can demonstrate extensive experience in financial services, with a focus on Treasury, Finance, and Risk Management. You have understanding of global regulatory requirements (Basel III, FSB), liquidity management, OSFI\xe2\x80\x99s Recovery Planning and CDIC\xe2\x80\x99s Resolution Planning requirements and related deliverables.
  • You have strong understanding of Financial Market Infrastructures, including their roles, functions, operations and interdependencies.
  • You love to learn. You\'re passionate about growing your knowledge and developing your skills, and you know that there is no limit to what you can achieve. You have a keen interest in the Treasury function, Liquidity Management, and you have solid knowledge of financial products across all asset classes.
  • It\xe2\x80\x99s an asset, if you have proven experience in contingency planning, crisis management, or risk management within the financial services industry, preferably with a focus on bank resolution planning.
  • You are an excellent collaborator. You have superb communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and regulatory authorities.
  • Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
  • You are a team player. Working collaboratively with your group\xe2\x80\x99s members is integral to efficient delivery of high-quality product.
What CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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 contactYou 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-161 Bay St., 11thEmployment Type RegularWeekly Hours 37.5Skills Banking, Crisis Management, Financial Analysis and Reporting, Funding, Liquidity Management, Liquidity Stress Testing, Management Reporting, Operations Processes, Regulatory Compliance, Relationship Management, Risk Management, Strategic Objectives, Taking Initiative, Technical Knowledge

CIBC

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Job Detail

  • Job Id
    JD2326208
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned