Senior Manager, Incentive Compensation Risk Analyst

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Risk Management is led by the Senior Executive Vice-President and Chief Risk Officer (SEVP & CRO) and is accountable for the independent oversight of risks inherent in CIBC’s activities and for the leadership and management of CIBC’s Risk Management department.

The US Risk Management function carries out the mandate of CIBC Risk Management at the regional level, ensuring compliance with applicable Parent Bank policies, while complying with local laws and regulations governing the Region and its individual legal entities.

Operational Risk Management, US Region develops, implements, and maintains an operational risk management framework and related policies and procedures for the US Region and its individual legal entities. This involves the regional implementation of global CIBC programs, where applicable.

JOB PURPOSE

The Incentive Compensation Risk Analyst, US Operational Risk Management is accountable for supporting the Head of Portfolio Oversight, US Operational Risk Management in the following oversight activities:

• Risk Analysis and Integration: Analyze risk data and trends to provide insights and recommendations for compensation adjustments.
• Risk Review: Support the annual risk review by gathering and analyzing necessary artifacts.
• Stakeholder Collaboration: Work closely with Human Resources to gather and analyze relevant data. Communicate findings and recommendations to US Operational Risk Management leadership.
• Reporting and Documentation: Prepare detailed reports on risk analysis activities. Assist in the development and sustainment of procedures.
• The scope of this mandate includes all Combined US Operations including Commercial Banking, Commercial Real Estate, Private Wealth, Private, Personal, and Digital Banking, Capital Markets, and supporting infrastructure teams including Technology, Infrastructure & Innovation.

KEY ACCOUNTABILITIES

Analysis and Industry Intelligence

Support the US Head of Portfolio Oversight with the execution of risk input into incentive compensation responsibilities, to include:

• gathering and analyzing data that will be leveraged and considered for risk input into incentive compensation.
• assessing the Combined US Operations (CUSO) incentive compensation practices against industry and US regulatory guidance.
• supporting the annual review of US compensation plans from a risk management perspective.

Policies and Standards

• Support the development, review and maintenance of the applicable policies, associated standards, procedures, and methodologies, <