Job Information
CIBC Associate, Centralized Governance & Controls in Toronto, Ontario
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)
What You’ll Be Doing
Capital Markets provides integrated services and products aimed at serving investors as well as corporate and institutional clients globally. The Capital Markets business is a recognized leader in the industry specializing in investment banking advisory services, corporate lending and research. These lines of business are achieving CIBC’s core purpose: to help make our clients’ ambitions a reality.
As an Associate, Centralized Governance & Controls, you will report to the Director, Centralized Governance and Controls (CGC) to ensure all governance & controls activities for Capital Markets are fulfilled. In addition, you'll assist with CIBC bank-wide projects and centralized processes.
At CIBC, we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site a minimum three days a week.
How You’ll Succeed
Product Initiatives: You'll facilitate onboarding of product initiatives across Capital Markets and Treasury across all regions via an established approval process. You'll be responsible to prioritize and facilitate the approval of time-sensitive one-off transaction requests by engaging appropriate stakeholders. You'll act as a liaison between product initiative sponsors and stakeholders including Risk Management, Finance, Operations, Regulatory Change Management, Technology teams, etc. to expediently address and resolve issues and inquiries. It will be your responsibility to manage and track the product initiative life cycle from submission to prioritization, testing and obtaining approvals. You’ll participate in status update meetings with stakeholders and update and generate slides for meetings as required. You'll also identify ways to automate and streamline processes by leveraging automation, including the use of macros or computer coding languages, including but not limited to SQL and Java.
Change Management : You'll assist the team to provide governance on Capital Markets change initiatives via the Change Initiative Risk Assessment (CIRA) process including providing feedback to businesses, managing key stakeholders and leading administrative functions including but not limited to material review, material distribution, minute taking, seeking approvals from required stakeholders, facilitating meetings with key stakeholders, and ensuring action items are completed prior to launch.
Project Management: You’ll support the Line of Business (LOB) on CIBC-wide project implementation, including the development of policy / procedures, development of project plans, business requirements, executive presentations, and training materials. You’ll also be expected to lead and facilitate meetings with key stakeholders to work towards a project plan with key milestones, to subsequently be socialized with executives. You'll also assist with the management of records, using approved repositories and ensuring the businesses are in adherence with company policy.
Executive Reporting : You’ll support in developing materials and reporting to provide valuable insights to the Capital Markets executive team, by aggregating data through the use of available tools (i.e. Microsoft Excel, macros, Power BI, etc.).
Audit, Reviews and Deficiency Management : You’ll assist with deficiency management oversight by supporting the team with aggregating reporting data, facilitating meetings with deficiency owners, working with businesses to identify solutions for an action plan and drafting and/or reviewing documentation for submission to Risk Management and other stakeholders.
Ad-hoc Centralized Processes support : You’ll support the greater Capital Markets business by helping to act as delegated support for functions such as tracking employee completion of CIBC’s Mandatory Training Program, facilitating the delivery of mandatory compliance trainings, tracking mandated risk leave and assisting as the single point of contact for all escalated matters including privacy incidents and client complaints.
Cross-Functional Relationships: This position interacts with partners inside and outside CGC including liaising on a regular basis with individuals in the various Capital Markets Lines of Business and other CIBC Strategic Business Units, the broader Capital Markets Chief Administrative Office, as well as infrastructure partners (e.g. Global Operational Risk Management, Compliance, Privacy Office, Audit), regarding CIBC’s governance and control initiatives and programs.
Who You Are
You have an Undergraduate degree ; MBA/CFA/CPA is an asset.
You have a minimum of 3-5 years’ experience working in a Capital Markets or a corporate development function. You bring strong knowledge of Capital Markets products and an understanding of key processes. Project management skills would be an asset.
Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise. You're able to very quickly acquire knowledge, to demonstrate competence and to add value to the maintenance of internal processes and client relationships. You bring excellent interpersonal and presentation skills with the Ability to summarize large quantities of data to provide insights to a senior executive team.
You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. You have excellent working knowledge of PC applications (Excel, Word, Power Point). Familiarity with the use of Power BI and the use of macros or computer coding languages, including but not limited to SQL and Java.
You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making. You haveexcellent analytical and conceptual skills. Efficient organizational skills to respond to shifting priorities on simultaneous projects.
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, 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
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, French proficiency, 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
Toronto-161 Bay St., 9th
Employment Type
Regular
Weekly Hours
37.5
Skills
Accountability, Analytical Thinking, Auditing, Business, Business Effectiveness, Capital Markets, Client Onboarding, Client Prospecting, Client Service, Customer Experience (CX), Detail-Oriented, Strategic Initiative, Teamwork
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.