Senior Credit Risk Manager Jobs in Ontario (NOW HIRING)

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
Wealth Credit Risk supports Private Banking delivering sound, client-focused credit risk management which balances strategic growth with prudent adjudication decisions. As the Director, you'll oversee the day-to-day credit adjudication function under the guidance of the Senior Director, helping ensure a consistent approach to high net worth lending decisions across the team. You'll help lead a broad team of Credit Risk Managers, supported by a smaller group of Team Leads, building capability, strengthening engagement, and driving consistent and sustainable performance. You'll work closely with Private Banking leadership aligning adjudication decisions with credit risk appetite while maintaining a client-first mindset in support. You'll also partner with internal teams on controls, regulatory expectations, and key initiatives to support effective processes and clear oversight across the credit risk function.
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

• Credit risk management oversight - Leading the day-to-day credit adjudication function, ensuring adjudication decisions are consistent, well reasoned, and aligned with established credit risk guidelines.

• People leadership - Coach, develop, and support Credit Risk Managers to build capability, strengthen engagement, and drive strong individual and team performance.

• Team leadership alignment - Collaborate with Team Leads promoting a consistent leadership approach across the team to support the effective execution of the credit risk management mandate.

• Business partnership - Work closely with Private Banking leadership to support strategic credit growth while maintaining pragmatic alignment with credit risk appetite

• Governance and controls - Partner across the business to ensure controls, processes, and risk practices align with regulatory expectations and internal standards.

• Initiative leadership - Contribute to and help lead business and risk initiatives that improve visibility, strengthen oversight, and support ongoing operational effectiveness.

Who you are

• You have a degree/diploma in business, finance, economics, or a related field. A master's degree in business, finance, or economics is an asset.

• You can demonstrate experience working with high net worth credit, It's an asset if you bring experience supporting Private Banking or high net worth credit clients.

• You have completed relevant financial services or credit-related coursework, including the Canadian Securities Course and Personal Financial Planning Course. It's an asset if you have completed Level I or higher of the Chartered Financial Analyst program.

• You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.

• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

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*, defined benefit pension plan*, an employee share purchase plan, 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we're actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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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