Consultant, Risk Analytics

Job summary

The Consultant will ensure the integrity of counterparty credit risk measures for capital markets products through daily quality assurance and control procedures. They will also collaborate with technology and risk management teams to implement system enhancements and maintain data integrity standards.

Job details

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 As Consultant, Risk Analytics, you will ensure the integrity of counterparty credit risk measures of capital markets products by carrying out daily quality assurance procedures and controls, and validating exposure changes. You will also partner with Risk Management Solutions and Technology to plan system enhancements in support of rising business and regulatory requirements related to the accuracy, completeness, and timeliness of counterparty credit risk data and exposure measurements. You will communicate with a broad range of key stakeholders on data issue findings and collaborate to find solutions. In addition, you will assist in the maintenance of controls related to the integrity of risk data and conduct ongoing data quality reviews and ensure that new initiatives meet the standards required to support the business unit’s objectives and overall controls. You will be cross trained extensively with other trading credit risk quality assurance colleagues to expand product knowledge, to enrich the understanding of CIBC counterparty credit risk system, and to provide seamless backup support. 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 2-3 days per week on-site, while other days will be remote. How you’ll succeed Experienced - Solid knowledge of capital markets, including OTC derivatives, security financing products, fixed income products and their valuation methodologies. Trading floor support and database knowledge gained through related experience is a plus. Knowledgeable - Strong knowledge of counterparty credit risk management terminology and principles. CFA and/or FRM designation is an asset. Analytical - Experience with data analysis tools (incl. data analytical skills using SQL, VBA programming languages) Who you are You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do. You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact. 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 give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way. You’re a certified professional. You hold the certification or are working towards a CFA and/or FRM. Finance background is an asset. You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best. 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. Job Location Toronto-81 Bay, 29th Floor Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Business Requirements, Communication, Data Integration, Data Quality, Deliverables Management, Prioritization, Quality Improvement, Risk Analytics, Test Planning

What you’ll do

The Consultant will ensure the integrity of counterparty credit risk measures for capital markets products through daily quality assurance and control procedures. They will also collaborate with technology and risk management teams to implement system enhancements and maintain data integrity standards.

Requirements

Candidates should possess solid knowledge of capital markets, including OTC derivatives and valuation methodologies, along with proficiency in SQL and VBA. A professional designation such as CFA or FRM is considered an asset for this role.

Benefits

• Competitive salary
• Incentive pay
• Banking benefits
• Benefits program
• Defined benefit pension plan
• Employee share purchase plan
• Vacation offering
• Wellbeing support
• MomentMakers recognition program
• Purpose Day

Listed skills

• SQL · Preferred
• Problem solving · Preferred
• Quality assurance · Preferred
• Regulatory Compliance · Preferred
• Data analysis · Preferred
• Risk Management · Preferred
• Communication · Preferred
• Critical Thinking · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Risk Analytics
• Capital Markets
• Data Analysis
• SQL
• VBA
• Counterparty Credit Risk
• Quality Assurance
• Regulatory Compliance
• Financial Valuation
• Critical Thinking
• Data Integrity
• Risk Management
• Communication
• Problem Solving
• Fixed Income
• Derivatives
• OTC (Over-The-Counter) Derivatives
• Product Knowledge
• Counterparty Risk
• Credit Risk
• Analytical Thinking
• Data Analysis Tools
• Quality Improvement
• Programming Languages
• Analytical Skills
• Analytics
• Management
• Business Requirements
• Chartered Financial Analyst
• Decision Making
• Data Integration
• Data Quality
• Finance
• French Language
• Innovation
• Regulatory Requirements
• SQL (Programming Language)
• Test Planning
• Visual Basic For Applications
• Prioritization

Job areas

• Finance & Accounting
• Data & Analytics
• Consulting
• Management & Leadership
• Credit Risk Analytics Consultant
• Risk Consultant
• Management and Organization Analysts
• Financial Risk Specialists

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