Governance & Controls Advisor - Private, Personal & Digital Banking

Governance & Controls Advisor - Private, Personal & Digital Banking

Location: Chicago, IL

Time Type: Full Time

Posted On: Posted Yesterday

Time Left to Apply: End Date: November 2, 2024 (20 days left to apply)

Job Requisition ID: 2417338

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.

What you'll be doing

As a Governance & Controls Advisor, you will support the US Private, Personal and Digital Banking (PP&D) strategy and self-governance through partnering with first and second lines of defense to enable effective risk management. In support of the PP&D management, you will assist with risk assessments designed to identify and measure financial and non-financial risks as well as with the development, design and enhancement of commensurate internal controls. In addition, you will support tracking and facilitating remediation of risk items, reporting incidents, facilitating risk awareness and reporting, and monitoring emerging and key risks that may impact the businesses ability to execute strategic vision.

How you'll succeed

• Collaborate with management to understand activities executed across each business (Private Banking, Personal Banking, Community Development, Client Support Center, Digital Banking and Consumer Lending), document processes and recommend enhancements designed to promote sound risk management.
• Contribute to the identification, documentation and maintenance of key and non-key controls owned/executed by the line of business.
• Review changes and promote adherence to applicable policies, standards and guidelines issued by Independent Risk Management and Control Groups.
• Work with management to develop remediation action plans designed to address control vulnerabilities and enhancements and perform sustainability testing and effective challenge.
• Provide advisory to the business line to support alignment to governance and controls leading practice; effectively challenge current/proposed business-specific processes to promote adoption of efficient, effective and risk-based approach.
• Lead and coordinate key risk deliverables for the business line including risk and control self-assessments of financial, non-financial and strategic risks, including, but not limited to operational and regulatory risks.
• Provide input and support for testing and monitoring activities and work with various risk partners to identify gaps and develop remediation plans.
• Serve as liaison to review requests for information (RFIs) and vet materials in connection with assurance including Internal Audit, Regulatory exams, 2LoD testing, etc.
• Identify and escalate emerging risks, issues and trends in the form of meaningful risk reporting to inform risk management decision-making.
• Build and maintain working relationships with stakeholders across the different corporate functions and senior management leaders.

Who you are

• You have seven or more years of experience in consumer banking, financial services consulting, or risk management.
• You’re a certified professional. Certification in the following fields preferred, but not required: Regulatory Compliance, Anti-Money Laundering, Fraud, Information Security or Privacy.
• You have demonstrated experience building and executing first line or second line of defense enterprise risk management programs.
• You possess strong interpersonal, written, verbal and presentation skills; ability to articulate complex issues concisely and communicate effectively and comfortably with senior leadership.
• You have superior time management skills, with ability to effectively prioritize multiple initiatives to meet deadlines in a dynamic and rapidly-changing environment.
• Strong knowledge of Microsoft applications (i.e., Microsoft Office, including PowerPoint, Excel, Visio).
• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
• 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*, 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
• 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 tests (such as simulation, coding, MS Office). 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 : IL-120 S LaSalle St

Employment Type : Regular

Weekly Hours : 40

Skills : Analytical Thinking, Continuous Improvement Techniques, Emerging Risks, Group Problem Solving, Leadership, Operation Risk Management, Regulatory Compliance, Regulatory Requirements, Risk Culture, Risk Management, Risk Management Framework

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 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.