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



The Senior Vice-President, Commercial and Wealth Credit Risk is responsible for the adjudication of credit risk to the following Canadian businesses:

Commercial, Mid-Market & Independent Business

Commercial Real Estate Credit

Private Wealth Management business in Canada

Innovation Banking

The role is responsible for adjudication processes and oversight, the measurement, monitoring and control of credit risk within CIBC\xe2\x80\x99s Risk Appetite, and provision of independent, adjudication and oversight of the management of credit risk in CIBC\'s portfolios. The position oversees a team of adjudicators located in offices across Canada.

As an organizational leader, this role champions:

CIBC employee experience principles:

Always professional\xe2\x80\xa6 so our team members can excel and be their best professional self.

Radically simple\xe2\x80\xa6 so our team members can focus on what they need to do and make an impact.

Genuinely caring\xe2\x80\xa6 so our team members can feel valued for who they are and what they contribute.

CIBC leadership capabilities:

Envisions the future\xe2\x80\xa6to innovate purposefully to create new value and harness new capabilities in order to meet the evolving needs of our diverse stakeholders.

Inspires hearts and minds\xe2\x80\xa6to build an inclusive culture where we make bold choices, collaborate, and empower others to take chances and do what\xe2\x80\x99s right for our stakeholders.

Drives action and impact, together\xe2\x80\xa6to align with urgency around what matters, making decisions with speed and always making a real difference.

What You\xe2\x80\x99ll be Doing

Risk Management Oversight

Initial and ongoing credit approvals and risk rating assignments within CIBC\xe2\x80\x99s Risk Appetite.

Annual review of portfolio credits to include timely revisions to risk ratings and stipulation of follow-up action plans to existing or potential watch list credits.

Implementation and operationalization of credit risk management policies with respect to the Real Estate portfolio, including:

Leading business process changes and re-engineering strategies that impact adjudication units.

Developing and implementing effective compliance tracking processes enabling timely identification and resolution of accounts.

Proactively ensuring that risk-rating processes are adhered to on a timely basis.

Compliance and Governance

Annual review of and ongoing compliance with credit risk management policies (e.g., concentration limits with respect to obligor, industry, product, geography and underwriting).

Ensure all internal and external credit risk compliance and corporate governance issues are resolved.

Complete timely and accurate compliance / governance reporting.

Ensure credit risk initiatives and activities meet all internal and external governance requirements and within CIBC\xe2\x80\x99s Risk Appetite.

Ensure Risk Management adherence to the Reputation and Legal Risks Policy and Procedures.

Execution and Delivery

Position the adjudication groups with the necessary skills, competencies and attributes to enable functional execution as a high performance team in their specific business streams.

Build, develop and lead a cutting edge team to fulfill the team\xe2\x80\x99s mandate to ensure appropriate workforce management and succession planning strategies are implemented and maintained to ensure the highest standard of adjudication expertise and performance to meet the needs of originators and the Bank\xe2\x80\x99s customers.

Leading and negotiating the development, implementation and maintenance of a comprehensive Service Level Agreement with the origination and product groups that reflects the business goals of each specific area and enhances the overall performance of the credit portfolios and the credit management policies of CIBC.

Ensuring the development and maintenance of defined management reporting to ensure individual business leaders are informed regarding the performance of their portfolios and corrective actions are implemented as needed.

Ongoing and specific quarterly reporting and interaction with regulators and auditors, as required.

Participation in key business and corporate governance processes related to credit and other risk management activities such as membership in Credit Committee, Post Mortem Review Committee, as well as representation on credit business underwriting / deal committees as required.

Stakeholder Management and Leadership

Initiate, foster and maintain ongoing dialogue and partnership with key industry stakeholders, including small business, agriculture, professional associations and risk management professionals and other financial institutions.

Effective representation of CIBC relative to industry associations.

Keep abreast of regulatory developments related to scope of role.

Provide leadership and mentorship not only within risk management but also across the organization.

What We\xe2\x80\x99re Looking For

Extensive successful business experience with particular emphasis on banking activities such as corporate finance, commercial banking, and credit and market risk management.

Sound knowledge of the Canadian financial institutions and their competitive environment.

Excellent planning, analytic and administrative skills.

Excellent oral and written communication skills including presentation skills appropriate for presentations to senior executives.

Cooperative entrepreneurial team player with mature judgment, strong interpersonal skills and original approaches to problem resolution.

Sound knowledge of current regulations and guidelines affecting federally regulated financial institutions.

Deep understanding of the regulatory environment.

Strong partnership behaviour including ability to constructively represent contrary views.

Decision making under pressure; an ability to assimilate and interpret analyses and trends to reach conclusions regarding the type and magnitude of risk associated with various industry segments, geographic regions and products.

Sound people management and leadership experience.

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, 30th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

Credit Risk Management

CIBC