Senior Director, Trading Credit Risk
Top Benefits
About the role
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 Senior Director, NBFI & Private Credit within CIBC’s Risk Management group, you’ll play a pivotal role in overseeing counterparty credit risk (CCR) for Non-bank Financial Institutions (NBFI), Asset Securitization, and Private Credit lending. You’ll lead the management and adjudication of trading, financing, and lending facilities for a diverse set of counterparties, including private credit funds, banks, sovereigns, hedge funds, pensions, insurance companies, and central clearing counterparties (CCPs). Your expertise will help shape and implement strategies, policies, and procedures that maintain high credit quality standards across global portfolios spanning Canada, the US, Europe, and Asia Pacific. You’ll partner closely with senior business leaders, Global Markets, Corporate and Commercial Banking teams, and external regulators to ensure effective risk oversight and support CIBC’s commitment to prudent risk management. 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 Counterparty Credit Risk Oversight –Liaise the management and adjudication of counterparty credit risk ensuring effective identification, measurement, and monitoring in line with CIBC’s risk policies and standards within your designated portfolio. Policy Development & Implementation –Participate in the development, recommend, and implement sound credit policies and practices for NBFI and private credit portfolios, shaping strategies that reflect CIBC’s risk appetite and business objectives. Portfolio Management & Decision Making – Exercise delegated approval authority for credit facilities and transactions, provide recommendations for accounts beyond your authority, and deliver informed direction to senior credit risk managers. Industry Expertise & Client Engagement – Stay current with industry trends and participate in external activities, including client meetings and industry forums, to maintain deep knowledge and credibility with clients and stakeholders. Strategic Business Partnership – Work collaboratively with business heads and risk management executives to establish performance metrics, inform business strategies, and support the achievement of financial and risk management goals. Who you are You have deep credit and trading product expertise. You bring extensive practical experience in adjudicating complex credit facilities and transactions across NBFI, private credit, and trading products. You’re an industry specialist. You possess broad and deep knowledge of diverse industries, including pensions, hedge funds, asset management, insurance, and broker dealers, enabling you to effectively manage complex portfolios. You’re a strategic partner and communicator. You excel at conveying complex information, shaping business strategies, and influencing senior stakeholders both internally and externally. You’re analytical and solutions oriented. Your well-developed problem solving skills allow you to navigate and resolve complex issues with mature judgment and original approaches. You’re a collaborative leader. You foster teamwork, mentorship, and cooperation, working closely with junior employees and senior business partners to achieve shared goals. Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. #L1-TA 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-161 Bay St., 10th Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Credit Risks, Financial Markets, Group Problem Solving, Long Term Planning, People Management, Risk Monitoring, Risk Reporting, Trading Risk Management At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
Not the right fit? Search for Director, Trading Credit Risk jobs in Toronto, Ontario, Canada
About CIBC
CIBC is here to help all our clients reach their goals.
We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want.
With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals.
This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada.
La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs.
Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez.
Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs.
Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada.
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Senior Director, Trading Credit Risk
Top Benefits
About the role
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 Senior Director, NBFI & Private Credit within CIBC’s Risk Management group, you’ll play a pivotal role in overseeing counterparty credit risk (CCR) for Non-bank Financial Institutions (NBFI), Asset Securitization, and Private Credit lending. You’ll lead the management and adjudication of trading, financing, and lending facilities for a diverse set of counterparties, including private credit funds, banks, sovereigns, hedge funds, pensions, insurance companies, and central clearing counterparties (CCPs). Your expertise will help shape and implement strategies, policies, and procedures that maintain high credit quality standards across global portfolios spanning Canada, the US, Europe, and Asia Pacific. You’ll partner closely with senior business leaders, Global Markets, Corporate and Commercial Banking teams, and external regulators to ensure effective risk oversight and support CIBC’s commitment to prudent risk management. 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 Counterparty Credit Risk Oversight –Liaise the management and adjudication of counterparty credit risk ensuring effective identification, measurement, and monitoring in line with CIBC’s risk policies and standards within your designated portfolio. Policy Development & Implementation –Participate in the development, recommend, and implement sound credit policies and practices for NBFI and private credit portfolios, shaping strategies that reflect CIBC’s risk appetite and business objectives. Portfolio Management & Decision Making – Exercise delegated approval authority for credit facilities and transactions, provide recommendations for accounts beyond your authority, and deliver informed direction to senior credit risk managers. Industry Expertise & Client Engagement – Stay current with industry trends and participate in external activities, including client meetings and industry forums, to maintain deep knowledge and credibility with clients and stakeholders. Strategic Business Partnership – Work collaboratively with business heads and risk management executives to establish performance metrics, inform business strategies, and support the achievement of financial and risk management goals. Who you are You have deep credit and trading product expertise. You bring extensive practical experience in adjudicating complex credit facilities and transactions across NBFI, private credit, and trading products. You’re an industry specialist. You possess broad and deep knowledge of diverse industries, including pensions, hedge funds, asset management, insurance, and broker dealers, enabling you to effectively manage complex portfolios. You’re a strategic partner and communicator. You excel at conveying complex information, shaping business strategies, and influencing senior stakeholders both internally and externally. You’re analytical and solutions oriented. Your well-developed problem solving skills allow you to navigate and resolve complex issues with mature judgment and original approaches. You’re a collaborative leader. You foster teamwork, mentorship, and cooperation, working closely with junior employees and senior business partners to achieve shared goals. Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. #L1-TA 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-161 Bay St., 10th Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Credit Risks, Financial Markets, Group Problem Solving, Long Term Planning, People Management, Risk Monitoring, Risk Reporting, Trading Risk Management At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
Not the right fit? Search for Director, Trading Credit Risk jobs in Toronto, Ontario, Canada
About CIBC
CIBC is here to help all our clients reach their goals.
We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want.
With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals.
This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada.
La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs.
Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez.
Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs.
Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada.