Stress Testing Aggregation and Reporting Manager

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 Do

The Stress Testing Aggregation and Reporting Manager for the US Region reports to Head of US Capital Stress Testing and Allowance for Credit Losses to ensure that stress testing processes and controls are executed in a timely manner.

How You'll Succeed

• Manage the execution of controls on a quarterly basis across all stress testing processes, compiling and storing all process and control related artifacts.
• Support the compiling of the documents for US Stress Testing Committee and its working groups and the US ACL Committee
• Manage the Stress Testing and Allowance for Credit Losses Assumptions, Limitations and Weaknesses templates and the documentation of overlays.
• Manage the development of stress testing review and challenge materials and all stress testing results, coordinating across stress testing development and execution teams Oversee stress testing and Allowance Credit Losses development initiatives.
• Support the Head of Stress Testing and Governance in managing and overseeing the various stress testing programs and initiatives

Who You Are

• 8+ years of experience in banking risk management, compliance or  internal audit, preferably in risk analytics or related areas
• Experience in risk management with large US or foreign banking organizations preferred
• Excellent project oversight and leadership skills
• Superior time management skills, with ability to effectively prioritize
• Strong relationship management and interpersonal skills
• Track record of successfully coordinate cross-function teams
• Excellent verbal and written communication and ability to effectively present information within and across team both verbally and in writing
• Proficiency in MS Office, especially MS Word, Excel, PowerPoint, SharePoint,
• Strong knowledge of US banking regulations, including Regulation YY
• Risk data and/or modeling, model risk management, IT experience is a plus.
• Bachelor’s Degree in Accounting, Finance or related field
• Ability to work independently in areas of difficult or complex nature
• Project management skills, including the ability to manage shifting priorities
• Strong analytical, written/verbal communication, interpersonal, and relationship building skills
• Exemplify a positive attitude, strong work ethic, team work and professionalism
• Ability to demonstrate CIBC’s core values (e.g. trust, teamwork, and accountability);
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability. 

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 $112,000 - $123,000 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, Data Integration, Data Quality, Delivery Management, Prioritization, Quality Improvement, Risk Analytics, Risk Management Strategies