Senior Manager – Liquidity and Funding Risk in Toronto, Ontario

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 the Senior Manager of Liquidity and Non-Trading Market Risk, you will assist the Senior Director, Liquidity and Non-Trading Risk by identifying and investigating internal and external risk factors regarding CIBC’s balance sheet, funding and liquidity, in light of policy and regulations in this space. You will also assist with assumption reviews around key liquidity metrics. You will also assist in understanding data sources better which are all inputs for calculating different liquidity and funding metrics. You will cultivate a broad knowledge of the bank, including a deep understanding of how CIBC’s balance sheet behaves during liquidity stress. You present findings to stakeholders in Risk Management, reflecting the team’s analysis, and taking follow-up questions away for further investigation.

At CIBC we enable the work environment most optimal for you to thrive in your role. Presently, 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

• Being a Finance and Risk Expert – You have a solid understanding of the balance sheet and the implications from liquidity and funding risk management. You understand the interaction between different measures of risk and the bank’s strategic decision-making. You are curious and look for ways to deepen the knowledge of those connections.

• Investigating issues to their resolution – You will investigate liquidity systems and models, and connect stress assumptions to the business reality of CIBC’s products. You will independently keep track of open questions, follow through your investigations by liaising with the business and Treasury, and present back to stakeholders to ensure your findings are integrated and understood.

• Running and Improving Processes – You will use strong analytical skills to run, maintain, improve, build, and most importantly explain the tools we use to measure CIBC’s liquidity risk. You will deliver your explanations concisely and effectively.

Who you are

• You can demonstrate experience in Risk Management, Treasury or Finance. You can work with several financial concepts, understanding the fundamentals of Bank’s liquidity, funding and balance sheet. You have extensive knowledge of SBU products and are able to explain the cash flows forecast from assets and liabilities with the assumptions you used. You can communicate well in writing and in presentations, and back your analysis up with a strong sense of the numbers. It’s an asset if you have worked with multiple financial stakeholders; you are able to build financial models and connect financial concepts; you have FRM and /or CFA, CPA designation; and you have advanced skills in MS Office and SQL

• You give meaning to data. You enjoy investigating complex problems, and making sense of information. You’re confident in your ability to communicate detailed information in an impactful way

• You know that details matter. You notice things that others don’t. Your critical thinking skills help to inform your decision making.

• You’re driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.

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

• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.

• You act like an owner. You thrive when you’re empowered to take initiative, go above and beyond, and deliver results.

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 [email protected]

• 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, French proficiency, 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

Toronto-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Credit Risks, Financial Markets, Group Problem Solving, Process Improvements, Risk Monitoring, Risk Reporting, Trading Risk Management

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.