Consultant, Business Effectiveness

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’ll Be Doing

As a Consultant, Business Effectiveness, you will be responsible for assisting with the oversight of the Private, Personal & Digital Banking (PP&D) line of business. You will  work closely with PP&D Teams to ensure effective oversight of limits and metrics management within the framework, processes, policies and procedures, as well as assist lines of business with adhering to limits, metrics, and risk management principles.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. 

How You’ll Succeed

• In coordination with the various business leaders within PP&D, determine appropriate metrics and limits for proper oversight of the business.

• In coordination with various business leaders within PP&D, manage the Segment Risk Statement (SRS) metrics throughout the year, including reporting on breaches and related action plans.

• Lead annual limit and SRS refresh process for PP&D.

• In coordination with Credit Risk Management and the head of Consumer Lending, participate in the US Region portfolio limits for credit concentration annual limit refresh for retail/consumer credit.

• Monitor SRS quarterly, working closely with Business Effectiveness team resources providing data.

• Participate in quarterly metric and risk meetings presented by the Governance and Control team.

• Execute on risk identification management throughout the year.

• Propose new limits and metrics as necessary.

• Participate in special projects as needed.

Who You Are

• Demonstrate a thorough understanding and extensive knowledge of data analysis, metric management, oversight, and portfolio management principles with large financial institutions or consulting firms.

• Five or more years of experience in bank portfolio management through limits, metrics and procedures.

• Experience in Bank Operations and Credit or Credit Risk is strongly preferred. Commercial credit background is a plus.

• Bachelor’s degree in business administration, finance or other business-related discipline.

• Experience in conducting operational risk oversight.

• Excellent collaboration and relationship-building skills as you will work closely with line of business and executive management as well as members of both first and second lines of defense functions (i.e. Enterprise Risk, Consumer Risk, Credit Risk).

• Ability to develop effective recommendations for mitigating identified limit and metric breaches and assisting the lines of business with remediation.

• Strong oral and written communication skills, and the ability to communicate with all levels.

• Proficiency with Microsoft applications including Word, Excel, and PowerPoint.

• Data analysis and visualization skills using Excel or other analysis software..

• Project management experience is a plus.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $100,000 - $115,000 for the Chicago, IL 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 Insu