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What you'll be doing
As the Director, Non-Trading Market Risk, you’ll join CIBC’s Liquidity & Non-Trading Market Risk team. You’ll provide strategic oversight on non-trading market risk measurements, including Economic Value of Equity (EVE) and Earning-at-Risk (EAR), ensuring robust analysis and clear recommendations for senior management. You’ll lead initiatives to evolve risk measurement and monitoring processes, collaborating with professionals across Capital Markets Risk Management (CMRM), Treasury, and business lines to drive innovative solutions. Your role involves developing a deep understanding of banking book behavioral assumptions and business strategies, providing effective challenges to strengthen risk management. You’ll deliver clear and impactful communication on complex risk topics to diverse audiences, perform comprehensive quantitative analyses to support reporting requirements, and foster team growth through leadership, coaching, and knowledge sharing.
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
Oversee Non-trading Market Risk Measurements – Providing oversight on non-trading market risk measurements such as Economic Value of Equity (EVE) and Earning-at-Risk (EAR) through in-depth analysis and to provide review summary and sign off recommendation to senior management
Support Non-trading Market Risk initiatives – To lead in the evolution of risk measurement and monitoring processes, working in ad hoc teams with other professionals within CMRM, Treasury and the various business lines to provide strategic and innovative thinking.
Provide Effective Challenges to Assumptions and Strategies – To develop in-depth understanding in and provide effective challenges to banking book behavioral assumptions and business strategies
Effective Communications - To provide conceptual thinking ability regarding complex risks, with effective communication to a wide range audiences
Provide Analytic Support – Perform comprehensive quantitative and/or model analyses to support the reporting requirement. Understanding of process flow and data elements required for appropriate capture of non-trading market risk
Helping the Team to Grow - Demonstrate leadership and effective team management by providing coaching, supporting and knowledge sharing to the team
Who you are
You can demonstrate experience. You have 7-10 years of in-depth knowledge and working experiences in asset and liability management (ALM), regulatory guidelines on interest risk of the banking book (i.e. OSFI B-12 IRRBB guidelines) and risk oversight functions.
You have a graduate degree in Quantitative Finance, Business, Financial Engineering or a related discipline. Professional certification (CFA, CPA, FRM) will be considered an asset.
You can demonstrate strong analytical and problem solving skills. You have the ability to proactively and creatively solve problems to move initiatives forward backed by strong analytical thinking and experience. You possess a high proficiency with Python, SQL or other programming tool will be considered an assets.
You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
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'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.
You love to learn. You're passionate about growing your knowledge and developing your skills, and you know that there is no limit to what you can achieve. You have a keen interest in the Treasury function, Liquidity Management, and you have solid knowledge of financial products across all asset classes. including Wholesale and Retail banking instruments.
Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
#L1-TA
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
CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.
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 test (such as simulation, coding, French proficiency).
We use artificial intelligence tools during the recruitment process. 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, 29th FloorEmployment Type
RegularWeekly Hours
37.5Primary Recruiter
Erl LaxamanaSkills
Market Risk, Risk Management, Risk Measurement