Senior Manager, Criminal Risk

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US Risk Management (RM) is led by the US Chief Risk Officer and is accountable on matters relating to the independent oversight of the management of risks inherent to CIBC’s activities in the US. These risks include, but are not limited, to ensuring that effective processes are in place for the identification, measurement, mitigation and monitoring of operational, reputation and legal, market, credit, investment and liquidity risk, collectively “CIBC Risk”, incurred by CIBC’s businesses, infrastructure and corporate governance groups. 

Global Operational Risk Management (GORM), within Risk Management, is responsible for providing oversight of CIBC’s global operational risk exposures and provide effective independent challenge to the operational risk management risk activities. GORM is the owner of the Operational Risk Management Policy and Control Framework.

US Operational Risk Management department is responsible for providing oversight and second line of defense challenge of operational risk exposures within all business units across the US Region.

What you’ll do

As the second line of defense, the Senior Manager, Criminal Risk, US Fraud Risk Management’s primary purpose is to understand the bank’s exposure to Physical Security & Safety (PS&S) and Fraud risk based on its size, complexity, and risk profile. You’ll serve as a trusted business partner and provide appropriate recommendations to manage and limit exposure to PS&S and fraud risks. You’ll monitor PS&S and fraud risk against risk appetite, and ensure independent effective challenge of PS&S risk and fraud risk.

How you’ll succeed

The Senior Manager, Criminal Risk, US Fraud Risk Management will be responsible for, but not limited to the following activities:

• Sustaining a PS&S second line of defense target operating model
• Fulfill the PS&S risk associate role over Change Initiative Risk Assessments, External Event Reviews, Incident Reports, and Risk and Control Self-Assessments
• Provide independent effective challenge aimed at the identification of PS&S sub-risk events and provide recommendations for remediating PS&S risks to acceptable levels
• Performing PS&S regulatory compliance management activities, to include but not limited to leading or administrating PS&S related Regulatory Compliance Risk Reviews and providing independent effective challenge over US PS&S compliance controls
• Provide quarterly independent effective challenge and an annual program maturity assessment over the US PS&S Third Party Risk Assessmen