Chicago, IL, USA
5 days ago
US Commercial Real Estate Governance & Controls - Risk Management Lead

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 will Be Doing

 

As a senior member of the US CRE Governance & Controls Team you will be responsible for planning, preparing, and presenting various risk assessments related to various aspects of US CRE’s portfolio and operational activities.  These assessments are typically conducted on an annual basis, but require many months of effort to complete.  There is a need to remain plugged into ongoing and emerging trends and risks impacting CIBC’s CRE portfolio and the broader US commercial real estate sector.  There is also the need to coordinate with, and synthesize inputs and address challenge from, various parties within US CRE and across the second line of defense – Credit Risk Management, Operational Risk Management, and Enterprise Risk Management.

 

You will also be responsible for understanding US CRE’s control environment, identify gaps and enhancements to the control environment, identifying and/or designing and helping to implement effective, sustainable controls, supporting the testing of controls, and working to address any issues identified because of testing.

 

You will collaborate with other members of the US CRE team to ensure the work you are responsible for is cognizant of, aligns with, supports, and adds value to other activities.  Other US CRE team members will collaborate with you in that same spirit to ensure there is cohesion and consistency in what is reported and communicated across the team.

 

You may be responsible for managing, guiding, and developing members of the US CRE Governance & Controls Team. 

 

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

 

How You will Succeed

·       Relationship Management – Establish and maintain effective, collaborative relationships with US CRE business partners and 2nd and 3rd Lines of Defense for all matters relating to risks and controls.  Always be supportive, responsive, and dependable.

·       Problem Solving – A willingness to think creatively and offer ideas and solutions; a desire to always seek to enhance and improve upon existing practices and deliverables.

·       Risk Assessment/Risk Consulting - Work closely with US CRE partners to proactively identify existing and emerging risks and control gaps.  Communicate risk and control messages, requests, or concerns clearly and succinctly to encourage understanding, accountability, and action.  Come with a well-informed point of view and be ready and willing to contribute.

·       Curiosity and a Desire to Learn – Be willing to learn new topics and master new skills.  Be ready to raise your hand rather than waiting on the sidelines.

·       Connect the Dots – Remain actively involved in, and aware of, work done elsewhere in the US CRE Team and practice connected thinking that remains cognizant of upstream and downstream impacts and dependencies.

 

Who You Are

·       You are passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

·       You are actively aware of risk management.  You can identify risks and propose mitigants.  You can convey the potential impact of risks and drive the necessary actions and behaviors.  

·       You demonstrate expertise in Commercial Real Estate, or have the desire, determination, and drive to very quickly build and nurture that understanding.

·       You give meaning to data. You enjoy investigating complex problems, and seeking out and making sense of data. You are confident in your ability to synthesize information and communicate informed viewpoints in an impactful way.

·       You understand that success is in the details. You notice things that others do not. Your critical thinking skills help to inform your decision making.  You take pride in your work. 

·       Values matter to you. You are open, honest, and ethical.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $165,000.00 - $215,000.00 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.

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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*, 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, 11th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Auditing, Business Risks, Corporate Governance, Emerging Risks, Enterprise Risk Management (ERM), Fraud Management, Identifying Risks, Leadership, Operational Risks, People Management, Performance Management (PM), Risk Management, Team Development, Technical Knowledge
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