Sr. Risk Specialist

Overview
CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients.

CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world.

In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth Management offers investment management, wealth strategies and legacy planning.
CIBC works to help you make your ambitions a reality with a team that is committed to being always professional, genuinely caring and collaborates to find simple solutions as we build our relationship-focused bank for the modern world.
Every year, CIBC is recognized for its business success, community commitment and employee initiatives.

We are proud of this success and are committed to creating an inclusive workplace and an environment where all of our team members can excel.
Responsibilities
The Risk Specialist will support the Bank’s Credit Risk Management/ Risk Analytics Departments, to help analyze, identify, mitigate and control data integrity risk across numerous data elements.

This position is a key role in the Bank’s Risk Management Department and reports to the Head of Quality Assurance.
Review both traditional and complex credit approval documents (credit underwriting/ loan presentations) for the purpose of:
Ensuring proposed loans structures are in compliance with the Bank’s credit policy;
Provide ongoing support to promote portfolio transparency;
Ensure Quarter End risk reporting processes are done efficiently and accurately;
Determining proper note code, collateral code and federal call code for each transaction to ensure accurate reporting to internal and external audiences.
Conduct quarterly/monthly reviews of one or more key Credit Risk data elements.

Provide support to other functions within the Credit Risk Management/ Risk Analytics Department.

Solve a range of straightforward problems.

Analyze possible solutions using standard procedures.

Participate/lead in projects associated with the department.

Qualifications
Knowledgeable in credit approval process, credit structure and ability to comprehend the Bank’s credit policy Familiarity with Federal Call Codes and other related loan codes and the awareness of how loan codes impact financial reporting Experience leading risk and control assessments, root cause analysis and scenario analysis.

Ability to partner effectively with peers, senior management and business partners Organizational and problem solving skills and attention to detail.

Investigative and questioning nature combined with sound business and technical skills.

Ability to work under pressure and organize, manage and prioritize multiple deliverables.

Strong critical thinking abilities Proficiency in Microsoft Excel, Outlook and Word required, including analytical skills and spreadsheet experience Excellent oral and written communication skills, as well as the ability to present to senior management Have the ability to work independently and within a team Bachelor’s degree along with 7-10 years of experience of credit risk, compliance, or audit/ SOX experience in a banking/financial services environment.