Job Information
CIBC Model Risk Management Capitals Markets Associate in Chicago, Illinois
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 (https://www.cibc.com/en/about-cibc.html)
Job Description
Key tasks include tracking model performance and KRIs to govern the model risk ongoing monitoring initiatives. These tasks will also assist in preparation of committee and other risk reporting. Employ academic and industry experience to effectively understand, review and challenge CIBC Capital Markets modeling assumptions, methodologies, and performance. Work with the team to solve complex problems and takes a broad perspective to identify solutions.
Preferred knowledge and skills include: 3-5 years of experience in risk management and/or financial services more broadly; knowledge of SQL, Python, SAS, or R is a plus; experience with model development or validation is a plus; excellent analytical, communication and interpersonal skills; knowledge of MS Office products (Access, Excel, PowerPoint).
Additional requirements include the following:
Familiarity with methodologies for quantifying and analyzing market risks;
Knowledge of VAR and PFE methodologies
Familiarity with methodologies for quantifying and analyzing market and credit risks.
Demonstrated interest in markets and macro trends and the ability to assess impact on
client portfolios
Strong interpersonal and communication skills with particular ability to translate technical
complex issues for a variety of audiences.
Bachelor’s degree with quantitative discipline including business, finance, engineering, mathematics, statistics, or economics. Master's degree is a plus.
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
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.
Job Location
IL-70 W Madison St, 9th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Capital Markets, Coding Languages, Identifying Solutions, Interpersonal Communication, Mathematics, Microsoft Office, Microsoft PowerPoint, Model Development, Model Risk, Problem Solving, Risk Management, Risk Reporting, Statistics, Validation
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.