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
CIBC Bank USA seeks a Senior Auditor to assess and validate complex financial models to identify model risks, evaluate model design, and determine models’ operating effectiveness. Perform control testing of quantitative and qualitative models. Identify gaps and validate deficiencies according to established audit methodologies. Document audit results and communicate risks and impacts to stakeholders. Lead continuous monitoring activities. Leverage data analytics and artificial intelligence tools to improve audit efficiency. #LI-DNI
Position requires a Master’s degree in Statistics, Data Science, or a related quantitative field, and 3 years of model risk experience in the financial services industry. Experience must include at minimum: 3 years of experience with developing, validating, or auditing financial models; 3 years of experience with applying U.S. Model Risk regulatory guidance; 2 years of experience with risk rating models; 2 years of experience with managing projects and coordinating stakeholder communications; 2 years of experience with programming in Python, SAS, or R; and 1 year of experience with leveraging data analytics tools to review financial models. Part-time telecommuting is permitted.
Job location: New York, NY. RATE OF PAY: $125,000.00 - $130,000.00 per year. To apply, please visit https://www.cibc.com/en/about-cibc/careers.html and enter Job Requisition ID 2617258 . Alternatively, please send your resume, cover letter, and a copy of the ad to: CIBC, Attn.: H. Lazzaro, 300 Madison Avenue, New York, NY 10017.
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
NY-New York, 300 Madison Ave Fl 6Employment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Audit Management, Internal Controls, Operating Effectiveness, Risk Based Auditing, Risk Management and Mitigation, Work CollaborativelySkills Required
- Master's degree in Statistics, Data Science, or a related quantitative field
- 3 years of model risk experience in the financial services industry
- 3 years of experience developing, validating, or auditing financial models
- 3 years of experience applying U.S. Model Risk regulatory guidance
- 2 years of experience with risk rating models
- 2 years of experience managing projects and coordinating stakeholder communications
- 2 years of experience programming in Python, SAS, or R
- 1 year of experience leveraging data analytics tools to review financial models
- Legal eligibility to work at the specified location and, where applicable, a valid work or study permit
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
