Assistant Data Risk Analyst Jobs in Illinois (NOW HIRING)

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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.

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The US Data Management Office (US DMO) is responsible for establishing data as a strategic asset for CIBC US Region, further enhancing data governance, building out our data and analytic capabilities, and developing the US Region data management strategy. Our strategy is to leverage data and analytics to build competitive advantage to enhance our client focus. To facilitate this, we will improve our data quality through focused data governance programs and processes, use new data technology to increase agility and reduce cost and become an analytics leader, focusing on continuous advancement.

What You'll Be Doing

This role is accountable for supporting and operationalizing the US DMO's data risk review and control environment. You will assist in the proactive identification, assessment and management of data risk across new initiatives, technology changes and third party engagements. Working closely with business and risk partners, you will help ensure that data risk is recognized, clearly documented, with appropriate mitigations put in place to reduce the risk. In addition, you will play a key role in the data risk incident process by ensuring that incidents are accurately logged, assessed, and tracked through remediation. If remediation stalls, you will escalate issues and keep leadership and risk partners informed with timely updates.

Success in this role requires strong judgment, operational discipline and the ability to drive accountability across stakeholders.

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 1-3 days per week on-site, while other days will be remote.

How You'll Succeed

• Contribute to Early Risk Identification and Assessment - Conduct data risk assessments for new initiatives, technology changes, and third-party engagements by gathering information, applying the operational risk taxonomy to identify risks, and documenting recommended mitigation actions. Track progress of assessments to ensure timely completion and escalate complex issues for further review when necessary.

• Support Data Sharing Governance - Support the end-to-end data sharing agreement process by gathering and validating information on data sharing use cases, guiding stakeholders through form completion and secondary review steps, and coordinating data owner sign-off on agreements. Track progress of annual data sharing attestations and follow up to ensure timely completion.

• Oversee and Execute Data Incident Management - Support execution of the data incident management program by reviewing submitted incidents, assist with initial assessment, update records as remediation actions are implemented. Monitor incident status, aging, and emerging trends; escalate delays in remediation as needed. Provide timely updates and transparent reporting to leadership and risk partners.

• Strengthen Data Quality - Conduct data reconciliation activities to ensure accuracy and consistency across systems. Identify and address data quality issues, and support initiatives to strengthen data integrity and governance.

• Drive Cross-Functional Engagement - Work closely with business, technology, and risk partners to collect information, clarify requirements, and support the implementation of risk mitigation actions. Participate in meetings and document outcomes.

• Develop Metrics and Reporting - Create and maintain metrics and reports on data risk assessments, data sharing, and incidents. Analyze metrics to identify trends, support leadership decision-making.

• Contribute to Process Improvements - Identify opportunities to streamline and automate data governance processes and risk management workflows to strengthen control effectiveness.

Who You Are

• You have a degree/diploma in business, information systems, risk management or a field. Minimum of 3-5 years of experience in data governance, risk management, audit or control oversight within a regulated environment.

• You are a strong communicator. Exceptional interpersonal, communication (oral and written) and problem-solving skills, including effective engagement with all levels of the organization, including senior management,

• You are self-driven and self-sufficient. You take ownership, are self-directed and self-driven with strong analytical, logical, reasoning and problem-solving skills.

• You are efficiency-driven. You identify opportunities to standardize documentation, automate workflows and strengthen continuous audit readiness while reducing manual effort.

• You are analytically strong. You apply structured reasoning to complex risk and control environments, distinguish symptoms from root causes and evaluate control effectiveness with sound judgment.

• You are risk-oriented. You understand control design and can challenge remediation plans, risk assessments, and control effectiveness evaluations.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You are innovative. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. You have a strong technical acumen, including proficiency in Excel, PowerBI, PowerPoint, and familiarity with AI technologies.

California residents - your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $90,,000 - $110,000 for the 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 Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidaysand 401(k), in addition to other special perks reserved for our team members.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

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