Market Risk Manager
About the role
Job Number: J0726-0056
Category: Risk Management
Employment Type: Full Time
City: Toronto
Posting Date: July 14, 2026
Closing Date: July 28, 2026
Company Information
CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.
We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.
We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.
Position Overview
As part of the second line of defense, the Credit and Market Risk team is essential in protecting CIBC Mellon from credit, market, and liquidity risks. The Market Risk Manager is responsible for reviewing and challenging the risk analytics and strategies developed by first line business units, ensuring their accuracy, integrity, and effectiveness.
Responsibilities
Communicate market exposures, risk concerns, and recommended mitigation strategies clearly and effectively to stakeholders at all levels of the organization. Partner with business units and senior leaders to identify, assess, monitor, and mitigate potential risk exposures within approved risk appetite. Act as a subject matter expert and provide expert advice and independent challenge on risk issues, business initiatives, transactions, and strategic decisions. Contribute to the development, enhancement, and maintenance of risk management policies, procedures, controls, and frameworks in alignment with regulatory requirements and industry best practices. Provide coaching, mentorship, feedback, and technical guidance to junior members of the team. Monitor market developments, emerging risks, and industry trends, and recommend enhancements to risk management strategies, reporting, and processes. Oversee market and credit risk activities CIBC Mellon is exposed to, ensuring all risks are identified, assessed, monitored, and mitigated in accordance with regulatory requirements and the company’s strategic objectives and risk appetite. Promote risk awareness and a strong risk culture across the organization by sharing expertise and providing guidance to colleagues and stakeholders.
Qualifications
Minimum of 5 years of experience in risk management, with demonstrated experience in market, credit, interest rate, and liquidity risk. Undergraduate or graduate degree in Finance, Economics, Mathematics, or a related discipline. Progress toward or completion of professional designations such as CFA, FRM, CSC, or other relevant investment and risk-related certifications is considered an asset. Proven knowledge of risk measurement methodologies, including fixed income valuation and risk sensitivities. Strong analytical, critical thinking, and problem-solving skills, with the ability to assess complex issues and provide sound risk-based recommendations. Strong verbal and written communication skills, with the ability to build effective working relationships across cross-functional teams, business partners, and stakeholders at multiple levels of the organization. Strong organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced, demanding environment.
CIBC Mellon's Values
Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards
Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward
Be One Family: Challenge, empower and recognize your colleagues
Take Ownership: Speak up, speak out, and make things better
Job Specific Competencies
The salary band for this position ranges between $98,000 - $148,000. Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity. Please note, our recruitment process may include the use of AI-assisted tools. This posting is for an existing vacancy.
CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.
Not the right fit? Search for Market Risk Manager jobs in Toronto, Ontario, Canada
About CIBC Mellon
CIBC Mellon is dedicated to helping Canadian institutional investors and international institutional investors into Canada service their financial assets throughout the investment lifecycle. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon Corporation (BNY) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon delivers informed investment services for investment funds, pension plans, insurance companies, banks, foundations, endowments, corporations, and global financial institutions whose clients invest in Canada. As at June 30, 2024, CIBC Mellon had more than C$2.8 trillion in assets under custody and/or administration. CIBC Mellon is part of the BNY network, which as at June 30, 2024 had US$49.5 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
CIBC Mellon is a licensed user of the CIBC trademark and certain BNY trademarks, is the corporate brand of CIBC Mellon Global Securities Services Company Inc and CIBC Mellon Trust Company and may be used as a generic term to refer to either or both companies.
Similar Jobs
Market Risk Manager
About the role
Job Number: J0726-0056
Category: Risk Management
Employment Type: Full Time
City: Toronto
Posting Date: July 14, 2026
Closing Date: July 28, 2026
Company Information
CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.
We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.
We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.
Position Overview
As part of the second line of defense, the Credit and Market Risk team is essential in protecting CIBC Mellon from credit, market, and liquidity risks. The Market Risk Manager is responsible for reviewing and challenging the risk analytics and strategies developed by first line business units, ensuring their accuracy, integrity, and effectiveness.
Responsibilities
Communicate market exposures, risk concerns, and recommended mitigation strategies clearly and effectively to stakeholders at all levels of the organization. Partner with business units and senior leaders to identify, assess, monitor, and mitigate potential risk exposures within approved risk appetite. Act as a subject matter expert and provide expert advice and independent challenge on risk issues, business initiatives, transactions, and strategic decisions. Contribute to the development, enhancement, and maintenance of risk management policies, procedures, controls, and frameworks in alignment with regulatory requirements and industry best practices. Provide coaching, mentorship, feedback, and technical guidance to junior members of the team. Monitor market developments, emerging risks, and industry trends, and recommend enhancements to risk management strategies, reporting, and processes. Oversee market and credit risk activities CIBC Mellon is exposed to, ensuring all risks are identified, assessed, monitored, and mitigated in accordance with regulatory requirements and the company’s strategic objectives and risk appetite. Promote risk awareness and a strong risk culture across the organization by sharing expertise and providing guidance to colleagues and stakeholders.
Qualifications
Minimum of 5 years of experience in risk management, with demonstrated experience in market, credit, interest rate, and liquidity risk. Undergraduate or graduate degree in Finance, Economics, Mathematics, or a related discipline. Progress toward or completion of professional designations such as CFA, FRM, CSC, or other relevant investment and risk-related certifications is considered an asset. Proven knowledge of risk measurement methodologies, including fixed income valuation and risk sensitivities. Strong analytical, critical thinking, and problem-solving skills, with the ability to assess complex issues and provide sound risk-based recommendations. Strong verbal and written communication skills, with the ability to build effective working relationships across cross-functional teams, business partners, and stakeholders at multiple levels of the organization. Strong organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced, demanding environment.
CIBC Mellon's Values
Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards
Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward
Be One Family: Challenge, empower and recognize your colleagues
Take Ownership: Speak up, speak out, and make things better
Job Specific Competencies
The salary band for this position ranges between $98,000 - $148,000. Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity. Please note, our recruitment process may include the use of AI-assisted tools. This posting is for an existing vacancy.
CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.
Not the right fit? Search for Market Risk Manager jobs in Toronto, Ontario, Canada
About CIBC Mellon
CIBC Mellon is dedicated to helping Canadian institutional investors and international institutional investors into Canada service their financial assets throughout the investment lifecycle. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon Corporation (BNY) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon delivers informed investment services for investment funds, pension plans, insurance companies, banks, foundations, endowments, corporations, and global financial institutions whose clients invest in Canada. As at June 30, 2024, CIBC Mellon had more than C$2.8 trillion in assets under custody and/or administration. CIBC Mellon is part of the BNY network, which as at June 30, 2024 had US$49.5 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
CIBC Mellon is a licensed user of the CIBC trademark and certain BNY trademarks, is the corporate brand of CIBC Mellon Global Securities Services Company Inc and CIBC Mellon Trust Company and may be used as a generic term to refer to either or both companies.