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 visit



What You\xe2\x80\x99ll Be Doing

Reporting to the VP, Retail and Business Banking Business Controls, the Senior Director, Governance and Controls is responsible for providing strategic leadership and direction to a team of risk professionals. The Senior Director provides business compliance and control advisory services to senior management and business groups, and stewardship of and governance over operational risk and controls. Working in close collaboration with senior leaders across the SBU and infrastructure groups, leads and directs the management of control design, control programs/frameworks, control testing, deficiency management, operational risk policies/procedures, & initiatives across their line of business portfolio. This role reviews both the internal and external landscapes, coupled with trends and issues in the businesses to identify items that will minimize risk of financial and operational loss.

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

• Strategic Leadership \xe2\x80\x93 Leading and/or sponsoring regulatory projects and governance initiatives to drive consistent and value-added outcomes across all the business lines, and ensure alignment with the business priorities and strategy. This includes, but is not limited to, project management and execution of regulatory/governance initiatives. Overseeing the design, review, and approval of all changes to key controls, non-key and KAR duty control testing programs; Sponsoring implementation of remediation plans for targeted control gaps or special projects; leading the development of effective governance policies and procedures
• Governance \xe2\x80\x93 Ensuring effective governance processes and controls are in place and that policies are adhered to and that the risk management and control framework is rigorous and consistent with CIBC\xe2\x80\x99s risk appetite. This includes keeping abreast of and interpreting Corporate-wide policies, industry and legislative requirements/ best practices, and monitoring regulatory changes in order to develop, manage, and execute enhancements to operational risk and business continuity programs. Proactively alerting to the emergence of operational risk issues in Canadian Banking day-to-day activities and make informed decisions to address potential non-conformity with key governance policies/procedures, and/or acceptable risk limits.
• Relationship Building \xe2\x80\x93 Providing leadership and effective management to influence employee engagement and commitment to the organization, to the team, and to their job by cultivating and managing a high performing team to deliver on and support the mandate. Setting appropriate context when assigning work to ensure that individuals\xe2\x80\x99 roles support the achievement of the business unit\xe2\x80\x99s priorities and CIBC\xe2\x80\x99s overall goals. Managing performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities;

Who you are

• You are a bold and authentic leader. You\'re passionate about developing and coaching to bring out the best in people. You have proven management and leadership skills sufficient to motivate a large diverse group faced with significant organizational and procedural change and increasing competitive challenges.
• You can demonstrate a proven history of working independently with strong problem solving skills to achieve objectives with a university degree with a minimum of 10-15 years of progressively responsible business experience.
• You understand that success is in the details. Your critical thinking skills help to inform your decision making. You have the ability to interpret and assess current and emerging risks in a multi-channel environment and develop and lead sound decisions, balancing competing needs.
• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard. You have proven ability to influence senior stakeholders in situations that require cooperation and/or consensus while managing senior internal and external relationships within the business unit/client groups to promote acceptance and implementation of new or revised policies and standards.
• Values matter to you. You bring your real self to work and you live our values \xe2\x80\x93 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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

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

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.

Job Location Toronto-81 Bay, 24th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

Business Controlling, Corporate Governance, Fraud Management, People Management, Performance Management (PM), Risk Management, Strategic Leadership, Strategic Objectives, Technical Knowledge

CIBC