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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.

To learn more about CIBC, please visit CIBC.com

What You’ll Be Doing Global Operational and Enterprise Risk Management (GOERM) is responsible for the oversight of all enterprise-wide operational risks globally and establishes and provides an independent risk perspective and ongoing strategic direction for various enterprise risk functions, while providing overall leadership to risk-wide business management and transformation activities. As the Senior Manager of Climate Risk Scenario Analysis within GOERM, you will be responsible for developing methodologies and analytical tools to quantify financial impacts of catastrophic risks, including physical climate risks, under a variety of climate scenarios and time horizons. You will manage climate scenario and geospatial analytics to meet and exceed OSFI B-15 Climate Risk Management expectations.

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

• Analytical thinking – Translate and interpret abstract or theoretical information with a high level of attention to detail, accuracy, and consistency. Oversee the collection, evaluation and integration of climate scenario data sources, hazard maps, damage functions, and geospatial datasets into robust data pipelines and ensure transparency and documentation of key assumptions. Generate detailed and portfolio-level risk metrics to assess climate-related exposures including supply chain disruptions, policy changes and opportunities. Build interactive geospatial dashboards that translate complex data into actionable insights for business decision-making. Translate qualitative climate data into quantitative financial metrics, such as potential losses, revenue at risk, or impacts on asset valuation, using appropriate tools and models. Assess business resilience by evaluating CIBC’s current strategy and business model under different climate futures and recommend adjustments to enhance long-term viability.
• Communication and collaboration – Apply your excellent verbal and writing skills to effectively articulate ideas and opinions that involve analysis, interpretation, and assessment to others with different disciplinary backgrounds. Develop internal and external communications to promote CIBC’s environmental initiatives and achievements. Represent CIBC on industry committees and regulatory forums related to climate models and data management. Partner with internal teams to develop and implement climate models and data into existing financial and risk models.
• Leadership skills - Driven by collective success, understands the power of an inclusive team that enjoys working together to bring a shared vision to life. Actively engages and collaborates with teams across the bank to achieve results. Provide support and subject matter expertise for the effective management of climate-related risks. Partner with internal teams to embed climate metrics into strategic decisions. Apply your expertise in environmental and climate risk
• Reporting – Support the development of content for internal and external reporting including CIBC’s Sustainability Report and external website. Ensure proper documentation, validation, and governance of models in alignment with data and model risk management standards.

Who You Are

• You can demonstrate 5-7 years of experience, in environmental risk or climate science with a working knowledge of industry-wide environmental policies, practices and regulatory frameworks. You have a background in quantitative fields such as statistics, data science, engineering, mathematics, financial engineering or climate science and expertise in climate and geospatial risk analytics. You are proficient in Python/R and QGIS/ArcGIS and have experience in risk assessment, scenario analysis and vulnerability analysis related to climate risks.
• You have a degree/diploma in preferably Engineering, Data Science, Mathematics or related field.
• You know details matter. 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 have hands-on experience developing and integrating climate models into business processes or digital products
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise. Highly organized, collaborative, and capable of influencing stakeholders through clear, fact-based insights.
• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.

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 Climate Analysis, Climate Change, Climate Change Policies, Climate Change Risk Assessment, Climate Modeling, Climate Science, Data Science, Environmental Reports, Environmental Risk, Environmental Strategies, Environment Management, Geospatial Analysis, Geospatial Data, Geospatial Modeling, Professional Presentation, Risk Management, Scenario Analysis, Statistics, Sustainability