Consultant, Risk Analytics

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

The US A-IRB Team, part of US Risk Analytics & Infrastructure, supports the users and stakeholders of the A-IRB rating framework at CIBC Bank USA and across CIBC US Operations. The A-IRB Team provides user support for commercial credit ratings processes, including addressing issues and questions from lines of business and other stakeholders, quality control reviews, support for model quantification, and data analysis and reporting for A-IRB ratings outcomes.

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.

What you’ll do:

•  Primarily responsible for developing data and providing analysis to support development, testing, and refinement of credit risk rating models
• May have the opportunity to support the other functions of the US A-IRB Team, including support for users/stakeholders of A-IRB rating models, and Quality Control Review
• Utilize independent judgement to determine methods and approaches to work, while liaising with other departments to establish collaborative relationships, provide expertise, and communicate analytical findings
• Generates queries and post-analysis that enable the development of risk business intelligence activities
• Look for opportunities to streamline and automate the data collection and analysis processes, including use of ML, AI, data scraping, and other emerging technologies

Who you are:

• Knowledgeable of credit risk rating concepts and the data used to rate and underwrite commercial credit obligors and facilities.
• Experience with advanced commercial credit ratings (A-IRB or dual risk ratings)
• Experience with abstract aspects of risk analytics, quantitative modelling, and model validation, in order to provide historical and current data that best supports model development.
• Have an understanding of documentation to support inquiries from auditors and regulators on analysis and data work, including how the historical data was gathered, filtered, modified, or interpreted, and why the choices made in developing data were appropriate.
• Have some experience in data analytics, and are knowledgeable about emerging technologies that could be used to improve data collection and analysis for supporting credit risk model development
• Bachelor’s degree is preferred with 3 – 7 years of experience in commercial credit underwriting.

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 $86,600 - $120,000 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.

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*, 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 [email protected]

• 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.

Job Location

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Requirements, Communication, Credit Ratings, Credit Risks, Data Aggregation, Data Integration, Data Quality, Data Query, Deliverables Management, Prioritization, Quality Control Reviews, Quality Improvement, Risk Analytics, Teamwork, Test Planning