Chicago, IL, 60684, USA
5 days ago
Sr. Analyst, Risk Analytics
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 (https://www.cibc.com/en/about-cibc.html) **What you’ll be doing** As a Risk Analyst, you will be an integral part of the Risk Analytics and Infrastructure group at CIBC directly reporting to the Risk Analytics Director. In this function, you will contribute to 1) generating and delivering model ready data for US Credit Risk model development, performance monitoring and execution covering Capital, Stress Testing and Allowance modeling, 2) Credit risk reporting development and design, 3) supporting Credit Line of Businesses’ process automation and enhancement, and collaborating with the Technology, Modeling, and Line of Business teams to enhance and maintain Business Intelligence (BI) reporting, modeling, and advanced analytics capabilities. 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** + **Collaboration -** Partner and collaborate with Technology, Modeling, and Credit Line of Business teams to design and implement interactive BI reporting capabilities to support Management and business units make informed, sound and fast decisions for portfolio management and strategy. Collaborate with the modeling, analytics, business and management teams to design advanced analytics solutions to generate insights and actions at faster pace. Coordinate with the US Data Management Office and Global (Parent) CIBC teams to adopt and implement the Data Governance policy and standards. + **Improve & Streamline -** Streamline and automate data reconciliation reporting processes for consistent use for Credit Risk model (PD, LGD, EAD, CECL & CCAR) development, model performance, analytics, and Regulatory reporting. Contribute to intelligent automations projects focused on assessing automation opportunities, building automation centers of excellence / operating models, or delivering automation implementation + **Communication -** Communicate findings to stakeholders and leadership teams with clear summaries and recommendations to inform next steps. Create appropriate documentation for stakeholders to follow data process or analysis enabling them for self-service reporting. Provide ad-hoc analytical support to Credit Risk Management and Lines of Businesses. + **Support -** Assist the Head of Risk Modeling Data in streamlining data, reporting BI capabilities and ongoing ad-hoc risk analysis. Support the head of Risk Modeling data in developing data / analytics results for business users, allowing them to identify trends and insights; also freeing data specialists from mundane queries and reporting + **Accountability -** Buildout, innovate and expand Credit risk data ownership and capabilities. Be responsible person for Credit risk data analysis, requirements, documentation, compliance across Credit Risk Analytics. Participate and collaborate in the creation of a culture that promotes data-driven decisions backed by investigation and collaboration around risk data. Ensure meeting all the Regulatory / Compliance / Accounting requirements with respect to the Credit risk data capabilities. Maintain awareness of upcoming or proposed industry regulatory actions and supervisory. Scan the horizon for emerging analytical skills, techniques, technologies and, where appropriate, tools / data build to ensure their timely introduction for competitive advantage. **Who You Are** + **You have a degree in** Mathematics, Statistics, Finance, Accounting, Data Analytics or related area. A Master’s Degree is preferred. You come with 1 – 3 years of experience in data analytics or related work experience. + **You’re proficient in** MS Office, especially MS Excel & Powerpoint. You can demonstrate experience in SQL (SQL Service, PostgreSQL, MySQL, as well a scripting language (Python). + **You’ve had exposure to** third-party Tools: Microsoft Azure, SAS, Tableau, Qlik, Looker, R Shiny, Power BI, Spotfire. Knowledge of cloud computing, machine learning algorithms, LLM is preferred. + **You love to learn.** You have excellent research skills and analytical / Data capabilities. You have a strong desire to gain further understanding of the commercial banking business and related data and analytical needs. You’re able to collaborate effectively and follow up to ensure achievement of deadlines, outcomes and results. + **You give meaning to data.** You have the ability to condense information and transform technical data into easily understandable concepts. Ability to effectively present information within and across team both verbally and in writing. Superior time management skills, with ability to effectively prioritize. + **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 (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html) At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $81,200 - $101,500 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 Mailbox.careers-carrieres@cibc.com + 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 Quality, Delivery Management, Prioritization, Quality Improvement, Risk Analytics, Risk Reporting, Test Planning At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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