Director of CCAR

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

CIBC is seeking a highly skilled and experienced Director of CCAR to lead the development and implementation of the Comprehensive Capital Analysis and Review (CCAR) program as the bank transitions to a Category IV designation. This individual will play a critical role in establishing governance frameworks, controls, and processes to ensure compliance with regulatory requirements and alignment with industry best practices. The Director of CCAR will collaborate with cross-functional teams, senior leadership, and regulators to build a robust and sustainable CCAR program.

At CIBC we enable the work environment most optimal for you to thrive in your role.  You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 3 days per week on-site, while other days will be remote.

How You’ll Succeed

Support the CCAR Program Development and Execution

• Collaborate closely with the Head of the CCAR Program to design, implement, and execute the bank’s Comprehensive Capital Analysis and Review (CCAR) framework
• Assist in the development of stress testing methodologies, scenario design, and capital planning processes to meet regulatory requirements
• Ensure the timely and accurate preparation of CCAR submissions, including FR Y-14A, FR Y-14Q, and FR Y-14M reports, in coordination with cross-functional teams
• Provide insights and recommendations to enhance the effectiveness and efficiency of the CCAR program

Governance and Controls

• Support the Head of the CCAR Program in establishing and maintaining a robust governance framework to oversee CCAR-related activities
• Implement and monitor controls to ensure the accuracy, consistency, and integrity of CCAR processes and deliverables
• Assist in the development and documentation of policies, procedures, and standards to ensure compliance with regulatory expectations
• Partner with Risk, Finance, and other stakeholders to integrate CCAR requirements into the bank’s broader risk management and operational frameworks

Analytics and Insights

• Lead the development and execution of advanced analytics to support CCAR stress testing, scenario analysis, and capital planning
• Analyze large datasets to identify trends, risks, and opportunities that impact the bank’s capital adequacy and financial resilience
• Collaborate with modeling teams to validate and enhance stress testing models, ensuring alignment with regulatory expectations and business needs

• Provide actionable insights to senior leadership and the Head of the CCAR Program to inform strategic decision-making
• Develop dashboards, reports, and visualizations to communicate key findings and performance metrics to stakeholders

Regulatory Engagement and Compliance

• Work with the Head of the CCAR Program to prepare materials for regulatory reviews, audits, and examinations
• Support responses to regulatory inquiries and ensure alignment with evolving CCAR requirements and expectations
• Monitor regulatory developments and provide updates to the Head of the CCAR Program and other stakeholders on emerging trends and changes

Cross-Functional Collaboration

• Act as a key liaison between the CCAR team and other departments, including Finance, Risk, Treasury, and IT, to ensure alignment and coordination on CCAR-related activities
• Support the Head of the CCAR Program in fostering collaboration across teams to ensure the successful execution of the CCAR program

Team Leadership and Development

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