CIBC

Director, Quantitative Risk Modelling (Risk Analytics & Credit Decisioning)

Toronto, ON Full time

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

As part of CIBC’s Client Credit Risk Analytics group, you’ll join a team dedicated to developing advanced credit risk strategies that support sustainable performance and enhance the client experience. As the Director, Quantitative Risk Modeling (QRM), you’ll lead the planning, development, and execution of optimization models and strategies used across Risk Analytics & Credit Decisioning (RACD) portfolios—including Credit Cards, Unsecured Lending, RESL, Small Business, and Indirect Auto. You’ll guide a talented team, identify opportunities to deploy machine learning and artificial intelligence solutions, and deliver sophisticated analyses and recommendations to senior management. You’ll ensure robust model governance throughout the model lifecycle and collaborate with partners across risk, product, operations, and technology to maximize CIBC’s ability to proactively respond to market situations and new business opportunities. Your leadership and expertise will be instrumental in balancing risk and revenue tradeoffs, driving innovation, and supporting CIBC’s commitment to responsible risk management.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

  • Drive Model Innovation – Investigate, develop, and implement leading-edge AI and machine learning tools and techniques to enhance credit risk strategies.

  • Lead Analytics Projects – Manage optimization and modeling initiatives, developing models that maximize risk/revenue tradeoffs and identify new predictive data and client characteristics.

  • Ensure Model Governance – Establish methodologies to assess predictive power, maintain model integrity, and document findings for internal and external stakeholders, including regulators and auditors.

  • Foster Team Excellence – Provide leadership and guidance to business unit staff, influencing employee commitment and supporting professional growth.

  • Collaborate Across Functions – Engage strategically with partners in risk, product, operations, technology, and finance to optimize risk/revenue tradeoffs and support business growth.

  • Promote Compliance – Ensure all team members adhere to CIBC and Line of Business policies, standards, guidelines, and controls.

Who you are

  • You’re an expert in quantitative analysis. You hold an advanced degree (M.Sc. or Ph.D.) in statistics, mathematics, applied sciences, or a related quantitative field.

  • You’re a leader in risk modeling and AI. You have progressive experience applying advanced machine learning and AI solutions to retail risk management within a large, multi-dimensional organization.

  • You understand credit products and risk models. You bring deep knowledge of credit products, credit risk models, and the economic conditions influencing retail lending.

  • You’re technically proficient. You have strong skills in statistical software and programming languages such as Python, R, or SAS, and are comfortable with data visualization tools.

  • You’re a communicator and collaborator. You excel at translating complex analytical concepts for both technical and non-technical stakeholders and thrive in cross-functional environments.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

#L1-TA

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 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

81 Bay Street, Banking Centre

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Decision Making, Group Problem Solving, Model Analysis, People Management, Policy Implementation, Researching, Risk Models, Risk Quantification