Senior Risk Officer - Commercial and Industrial

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The Senior Risk Officer – Commercial and Industrial (C&I), U.S. Region reports to the U.S. Head of Risk Oversight & Segment Risk and is accountable for leading the Segment Risk Team’s activities covering C&I, and in supporting the U.S. Head of Risk Oversight & Segment Risk in all Day-to-Day Risk Oversight including Operational and Long Term Strategic needs within the Segment Risk Management Department, including but not exclusive to the following: 

KEY ACCOUNTABILITIES

Lead and direct activities related to Commercial Real Estate within Segment Risk, drive a culture of continuous improvement, through identification and implementation of resources and processes including:

• Risk Identification and Measurement Framework
• Risk Policy and Governance
• Risk Appetite
• Functional oversight including Information Security, Cyber Risk Management, Vendor Risk Management and Operational Resiliency
• Compendium Reporting (Advisory) Market Development

Lead and direct activities related to continuous improvement and expansion of Risk Oversight, through identification and implementation of resources and processes including:

• Enterprise and Operational Risk Frameworks/Policies review/challenge
• Change Initiative Risk Assessments
• Segment Risk Statements and Product Risk Statement reviews/challenges
• Control Risk Self Assessments reviews/challenges

Assist Head of Segment Risk with Integration of CIBC US Risk Management Organizational and Governance related activities, including strategy and long-term implementation.

Provide advisory support to the first line with emerging Enterprise-Wide Risk Management-related regulatory expectations from the FRB, FDIC and all other applicable agencies.

• Conduct risk-based 360 review of C&I, thereby developing a comprehensive compendium to effectively aggregate, monitor and report risks across C&I.
• Provide qualitative input into dashboard risk levels and outlooks.
• Enhance, execute and deliver an effective challenge framework that will consider a broad range of potential outcomes and actions to assess based on different scenarios on a continuous basis.

KEY CROSS-FUNCTIONAL RELATIONSHIPS

• Regular interaction and close partnering with CIBC Risk Management and Compliance groups 
• Close working relationship with the Chief Risk Officer in the U.S.
• Regular interaction with leaders across CIBC and  U.S. C&I Line of Business
• Interaction with U.S. Regulatory Agencies, External/Internal Auditors, Risk Management Association, etc.

PEOPLE LEADERSHIP ACCOUNTABILITIES

• Set appropriate context when assigning work to ensure that individuals’