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

As a part of the Bank’s Second Line of Defense, the Senior Credit Risk Manager’s primary purpose is to:

• Understand and manage the bank’s credit risk exposure based on its size, complexity, and risk profile

• Serve as a trusted business partner

• Ensure independent effective challenge over credit risk-taking activities

• Provide appropriate recommendations to manage and limit exposure to credit risks

• Remain informed of industry practices and regulatory expectations

• Monitor credit risk-taking activities and results against risk appetite

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 2 days per week on-site, while other days will be remote.

How You’ll Succeed

The Senior Credit Risk Manager role is an individual contributor accountable for:

• Engaging with Enterprise Risk Management and the Lines of Business on Foundational Risk Management topics, such as risk appetite, risk identification, known and emerging risks, and transverse risk stripe deliverables;

• Overseeing Counterparty Credit Risk exposure for CIBC Bancorp USA, Inc. and coordinating counterparty risk activities with the SVP, Trading Credit and Corporate Credit Risk at CIBC Inc.

• Liaising with various Lines of Business representatives to influence, direct, review and challenge credit risk-oriented change management activities;

• Directing internal audit, external audit and regulatory oversight activities in conjunction with the Credit Risk Management Policy & Governance team and Regulatory Affairs;

• Driving consistency in the Credit Risk Management control environment through control ownership and process documentation review, in coordination with the Credit Risk Management Policy & Governance team;

• Completing ad-hoc reporting or project work at the request of the U.S. Head, Non-Transactional Credit Risk.

Responsibilities may expand to keep pace with the Bank’s growth trajectory and associated maturation of the Credit Risk Management function.

Who You Are

• Minimum Bachelor’s degree in a related field such as Accounting, Finance or other business discipline
• Minimum of 10+ years’ experience in Wholesale (Commercial) Lending and Risk Management. Line of Business experience is an asset
• Working knowledge of counterparty credit risk management preferred
• Excellent analytical, communication and interpersonal skills that drive cross-functional execution
• Exceptional business writing skills with ability to synthesize large amounts of information
• Solid understanding of regulatory expectations and best practices of the financial industry
• Ability to self-start and work with minimal oversight
• Ability to manage multiple projects and/or initiatives simultaneously under tight deadlines
• Ability to demonstrate CIBC’s core values (e.g. trust, teamwork, and accountability)
• Team player with solid relationship-building skills
• Highly organized with keen attention to detail

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $120,000 - $150,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

At CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential.

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, 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.

Expected End Date

2025-09-30

Job Location

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Objectives, Credit Risk Management, Credit Risks, Emerging Risks, Project Management, Relationship Building, Risk Appetite