Consultant, Risk Controls

Posted 7 Days Ago
Be an Early Applicant
Toronto, ON
1-3 Years Experience
Fintech • Payments • Financial Services
The Role
As a Consultant in Risk Controls at CIBC, you will manage records compliance, support governance and controls, execute internal control processes, provide audit support, and leverage data analysis to enhance operational efficiency in retail lending portfolios.
Summary Generated by Built In

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

You’ll have an opportunity to work within the Risk Analytics and Credit Decisioning which contributes to the profitable growth of the retail lending portfolios by ensuring the activities related to the execution of governance and internal control activities for the Retail Products portfolios are carried out as required.

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.

How you’ll succeed

  • Records management – Lead the records management program to ensure compliance to legislative and privacy regulations and internal Records Management policy. Engage and support Records Retention Coordinators across RACD to identify, store and retain records and convenience documents that contain PII data.

  • Governance and controls support- Engage and support stakeholders in the development of new and/or updating governance controls due to changes to credit risk strategies/guidelines to ensure the ongoing integrity and effectiveness of the existing controls process and procedures.

  • Reporting and analysis- Execute the monthly governance and internal control process for the retail lending portfolios with the purpose of determining if any exceptions/variances exist, identifying any operational credit risk issues, identifying any data integrity issues and taking action to have those rectified. Identify new opportunities to improve the existing reporting landscape. Lead the monthly deficiency management reporting to obtain status updates on deficiencies and action plans to mitigate the risks.

  • Audit and risk project engagement - Provide support required to fulfill internal and external Auditor requests (gather/write documentation and perform data analysis), including various annual attestations. In addition, provide Risk SME support to various declarations/project/initiatives and ad hoc requests.

Who you are

  • You demonstrate experience in Microsoft Word, Excel (including pivot tables), Outlook, PowerPoint

  • You have an undergraduate degree in business or related discipline.

  • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

  • You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

  • Values matter to you. You bring your real self to work, and you live our values – 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 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 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, 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-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Auditing, Client Management, Governance Controls, Identifying Opportunities, Internal Controls, Personal Initiative, Prioritization, Standard Operating Procedure (SOP)

Top Skills

Excel
The Company
Toronto, Ontario
43,351 Employees
On-site Workplace

What We Do

CIBC is here to help all our clients reach their goals.

We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want.

With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals.

This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada.

La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs.

Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez.

Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs.

Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada

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