Senior Director, Funding and Liquidity Risk Management

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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

What youll be doing

The Senior Director Funding and Liquidity Risk Management has the mandate to lead the groups responsible for the second line of defense governing the following areas of oversight: Liquidity Risk and Funding Risk Intraday Liquidity Risk management Recover & Resolution planning Contingency funding planning and Subsidiary Oversight. The group actively partners with Treasury other Capital Markets Risk Management colleagues Capital Markets core strategic business units (SBUs) and other infrastructure groups to provide effective challenge and produce key reports and metrics for senior leadership and regulators to measure and validate CIBCs liquidity risk posture.

As the Senior Director Funding and Liquidity Risk Management you will participate and co-ordinate the risk management governance.

At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 2-3 days per week on-site while other days will be remote.

How youll succeed

• Communication You are expected to communicate with key stakeholders and collaborate for business requests.

• Strong leadership You will take a leadership and collaborative role in ensuring the integrity of risk data and the continued development of comprehensive processes to capture and download of market risk data for firm-wide consolidation.

• Relationship building - To work with individual traders Treasury team members and infrastructure units to ensure their understanding and commitment to evolving risk management methodologies. To conduct formal and informal training as required.

• Collaboration and partnership - Actively co-ordinate the implementation of systems and processes for the measurement and monitoring of market risks in Treasury and subsidiaries in Toronto and globally as part of a team.

• Project management You will lead complex group-wide projects contributing innovative thinking and an advanced analytical approach. You will also represent both Risk Management and CIBC at Canadian Bankers Association (CBA) meetings when topics relating to areas of oversight are tabled. This includes general discussions with peer institutions as well as CBA led reviews of regulatory updates and meetings with OSFI.

Who you are

• You can demonstrate experience. In highly specialized quantitative expertise business knowledge and experience to influence and support the development implementation and maintenance of liquidity risk appetite. You have experience in the following areas Liquidity funding balance sheet market risk audit governance recovery resolution intraday liquidity and other relevant areas.
• It is an asset. Advanced knowledge of the Canadian and global markets including practical knowledge of derivative instruments and the issues surrounding their pricing and liquidity risk management. A CFA/FRM/PRM designation is an asset.
• You have a degree. You have a University degree in finance mathematics physics engineering and/or related discipline.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.
• You know that details matter. You notice things that others dont. Your critical thinking skills help to inform your decision making.
• Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.

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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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities were 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 Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking Continuous Improvement Techniques Decision Making Liquidity Risk Long Term Planning Market Risk Market Risk Analysis People Management Regulatory Requirements Risk Management Framework

Required Experience:

Exec

Experience: years
Vacancy: 1