Consultant, Business Controls

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

The Consultant, Business Controls will partner with first line of defense teams in the Office of the Chief Administrative Officer (CAO) to enable effective risk management across CAO activities. The Consultant, Business Controls will assist with operational and regulatory risk assessments, development and enhancement of internal controls, monitoring issue remediation status, and provide audit/exam support for teams within the US CAO, including Change Initiatives, Frontline Tools & Enablement, Communications, Centralized Governance & Controls, and Business Credit Controls.

How you'll succeed

• Risk Assessment: Work closely with line of business (LOB) partners to conduct risk assessments (e.g., Operational Risk and Control Self-Assessment and Regulatory Compliance Risk Assessment) to identify and measure applicable risks and map to appropriate internal controls. Support the Change Initiative Risk Assessment (CIRA) process by assisting CAO business sponsors in completing CIRA and implementing effective mitigations.

• Issue/Incident Reporting and Remediation: Understand activities and processes executed across each business and proactively identify and document risks and control gaps. For identified issues and incidents, work with management to assess root cause and identify action plans that address the root cause and mitigate the associated risk. Perform sustainability testing and effective challenge to support issue closure process.

• Risk Mitigation, Metrics and Reporting: Contribute to the identification, documentation and maintenance of controls owned/executed by the Office of the CAO. Participate in annual refresh of Risk Appetite Statement (RAS) and non-RAS business metrics; contribute to risk reporting to enable leadership team to assess and effectively manage business line risks.

• Risk Subject Matter Expert: Understand and communicate requirements related to compliance and operational risks. Be able to translate risk program requirements into process, risk, cause and control. Act as the risk and controls Subject Matter Expert (SME), providing expert advice to business partners, while identifying efficiency opportunities within existing processes.

• Exam Management: Serve as liaison for testing and examinations (e.g. Internal Audits, Compliance Exams, regulatory exams) reviewing requests for information, managing document collection and review, and assist with issue vetting and action plan development.

• Cross-Functional Relationships: Cultivate relationships with CAO management, Independent Risk Management partners, and Governance & Controls teams to promote collaboration and consistency in risk management execution. 

• Participate in special projects as needed.

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.

Who you are

• You possess 3-5 years of experience in compliance, operational risk, audit, or finance; preference for experience within a regulated financial services organization

• You have a Bachelor’s degree, ideally in Accounting, Finance, Business or Management

• You portray strong interpersonal, written, verbal and presentation skills; ability to articulate complex issues concisely and communicate effectively and comfortably with senior leadership

• You have relationship building and stakeholder management skills

• You are able to execute tasks under aggressive targets and effectively manage to change in plan

• You show strong initiative,