Job Information
CIBC Technology and Controls Risk Coordinator 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 PURPOSE
You will be a part of CIBC’s US Technology Regulatory Controls team supporting risk and control assessments on a wide range of technology domains and implementation of technology controls in adherence to regulations, company policies and standards. You will work with technology partners, 2LOD, compliance and audit partners to manage technology control-related issues to coordinate and ensure proper resolution, escalation and reporting.
You are organized, a self-starter, deadline driven, and have knowledge of risk treatment methodologies.
You have experience with technology risk programs, including IT governance, risk management, compliance, cybersecurity, cloud privacy, third party risk management, data and resiliency.
You will be part of a dedicated and outstanding team that focuses on promoting control awareness and properly manage risks within the US Tech organization.
KEY ACCOUNTABILITIES
Knowledge of and experience with audit, technology, risks and controls.
Lead policies and procedures refresh efforts to minimize regulatory exposure.
Support CIBC’ s Control Framework to ensure compliance to regulatory, legislative, and operational requirements, including the efficient and effective management of deviation and deficiency remediation.
Participate in business, governance, and regulatory projects.
Possess strong project management and organization skills to support Internal audits including information requests, and potential deficiency governance.
Gather documentation for external regulatory exams.
Recommend process improvements for governance of control testing programs. Review control testing results and recommend self-assessment of deficiencies.
Assemble routine reporting on the governance and controls environment.
Using automation and analytics, develop on-going technology risk reporting, monitoring key trends and defining metrics to regularly measure control effectives of technology.
Work with other leaders within CIBCs US technology management and all lines of defense to timely address control gaps for large complex programs (e.g., cloud, API, third-party vendor oversight, data governance).
Participate in efforts to reduce risk and foster a strong technology risk management culture.
Strong collaboration and relationship management skills, preferably including experience with executive level management.
Support internal and external audit remediation efforts and the development and sustainment of regulatory control mapping.
CONDUCT & CULTURE RISK
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC, the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals.
Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings.
Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls.
Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders.
Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution.
KNOWLEDGE AND SKILLS
Preferred Formal Education, or equivalent work experience: bachelor’s degree
Experience working in technology, minimum years of experience: min 5 years
Strong technical and analytical skills across IT audit, IT controls, cybersecurity, cloud and/or emerging technologies
Understanding of the components of a risk management, including governance, policy, organizational design, awareness and training, architecture, technologies, processes and controls
Professionalism and discretion when interacting with executives and clients with polished verbal and written communication skills.
Demonstrated large US bank experience
Knowledge of applicable laws, regulations, financial services and regulatory trends
Knowledge of risk management, audit & regulatory compliance principles, practices, policies and procedures, with experience writing controls and mapping controls to regulatory requirements
Solid relationship building and networking, influential, ability to inspire positive outcomes
Detail-oriented self-starter with strong data analysis and complex problem-solving skills
Confident in ability to synthesize information and communicate detailed information in an impactful way
Solid teamwork and accountability
Effective written and verbal communication skills, proficient technical writer
Knowledge of risk/compliance/audit competencies
Experience executing engagements at a financial institution, consulting or accounting firm, or commensurate experience in risk management, privacy, cyber or IT audit departments.
Critical thinker with the ability to identify more efficient processes (automation, continuous control monitoring, etc.)
3 years of experience in technology controls, risk management, or cybersecurity roles, with a proven track record of designing and implementing effective control frameworks.
Understanding of technology infrastructure, including networks, systems, databases, and applications.
Experience with risk assessment methodologies, regulatory compliance requirements (e.g., GDPR, SOX, PCI DSS), and industry standards (e.g., NIST, ISO).
WORKING CONDITIONS
This role operates within a hybrid office environment. (2-3 days weekly in office)
Travel required: None
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $60,000.00 - $100,000.00 for the Chicago market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
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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 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, 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-70 W Madison St, 10th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Business Controlling, Compliance Monitoring, Group Problem Solving, Regulatory Requirements, Risk Management Assessment, Waterfall Model, Work Collaboratively
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.