CIBC

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

What You’ll Be Doing

The Enterprise AI Governance Office (AIGO) within the Enterprise Advanced Analytics and AI Hub at CIBC is responsible for ensuring that all AI activities at CIBC are governed in accordance with the Enterprise AI Framework and its associated processes and standards. AIGO develops, operationalizes, and continuously improves AI governance practices to manage AI-related risks, ensure regulatory readiness, and enable responsible innovation across the bank.

The Consultant, Enterprise AI Governance role involves supporting CIBC’s AI risk management practices by conducting and reviewing AI risk assessments, developing effective AI risk mitigation plans in partnership with business teams and other risk control groups, and by providing AI risk advisory services to the enterprise. The position will be responsible for ensuring that all AI solutions across the organization are appropriately risk-assessed, as required by the Enterprise AI Framework. The Consultant will work collaboratively with technology and business teams, control groups, audit, and oversight bodies to ensure that all CIBC AI Governance requirements are adhered to and are effective in managing AI-related risks.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Champion Trustworthy AI in solving business problems - Work with business units to understand their AI Governance needs, opportunities, and pain points. Work with risk and control teams to ensure AI related risks are adequately managed. Focus on relationship building and become a trusted partner for AI Governance within the bank. Contribute to the development of AI risk management thought leadership and related educational resources both within the organization and externally.

• Ensure AI Solutions are managed and delivered in a governed manner - Work with AI development, technology, and risk/control/compliance teams in identifying, assessing, and mitigating AI-related risks in accordance with AI risk management best practices, tools and techniques to comply with governance requirements and accelerate CIBC’s leadership in ethical and responsible use of AI. Develop AI-related risk mitigation controls with key partners and assist with ongoing risk reporting and risk reviews for the Enterprise.

• Translate Research into Actionable Insights - Monitor, research, and report on the latest trends and developments around AI risk management. Help ensure that all AI risk management processes, tools, and techniques are inclusive of the requirements necessary to meet the growing demands and advancements in AI by suggesting and making changes to the current state.

• Ignite Innovation, Drive Execution - Work as an internal consultant to drive results through the application of "governed" AI solutions. Provide support and help drive adoption of AI Governance across the organization by developing strategy and success metrics. Manage and participate in all AI Governance related bodies and committees.

Who you are

• You demonstrate technical fluency in AI/ML. You understand predictive modeling, NLP, computer vision, and generative AI, and you’ve worked across the production lifecycle assessing controls and evidence in regulated environments.

• You securely navigate AI risk frameworks and regulation. You’re fluent with NIST AI RMF, ISO/IEC AI risk standards (e.g., 23894, 42001), and model risk expectations in financial services, and you translate them into pragmatic, auditable controls.

• You uphold Trustworthy AI as a core principle. You apply data protection, fairness and bias mitigation, explainability, security-by-design, and third‑party risk practices to safeguard clients and the bank, and to support positive outcomes for society.

• You communicate with clarity and influence across diverse stakeholders. You distill complex topics clearly for diverse audiences, build strong partnerships, and drive outcomes through stakeholder management and influence without formal authority.

• You value professional accreditation and relevant education. You hold a degree in a relevant field (e.g., Data Science, Computer Science, Engineering, Statistics, Risk Management). Certifications such as IAPP AIGP, ISO/IEC 42001, ISO/IEC 23894, CertNexus CEET, IEEE CertifAIEd, or IAPP CIPT are assets.

• Values matter to you. You bring your authentic self to work and 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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-81 Bay, 21st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Artificial Intelligence Ethics, Cloud Governance, Governance Framework, Policy Compliance, Policy Development, Quality Assurance (QA) Standards, Regulatory Compliance, Risk Management and Mitigation, Standards Compliance

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

What You’ll Be Doing

The Enterprise AI Governance Office (AIGO) within the Enterprise Advanced Analytics and AI Hub at CIBC is responsible for ensuring that all AI activities at CIBC are governed in accordance with the Enterprise AI Framework and its associated processes and standards. AIGO develops, operationalizes, and continuously improves AI governance practices to manage AI-related risks, ensure regulatory readiness, and enable responsible innovation across the bank.

This Senior Consultant, AI Risk Management will support CIBC’s AI risk management practices by conducting and reviewing AI risk assessments, developing effective AI risk mitigation plans in partnership with business teams and other risk control groups, and by providing AI risk advisory services to the enterprise. The position will be responsible for ensuring that all AI solutions across the organization are appropriately risk-assessed, as required by the Enterprise AI Framework. The Sr. Consultant will work collaboratively with technology and business teams, control groups, audit, and oversight bodies to ensure that all CIBC AI Governance requirements are adhered to and are effective in managing AI-related risks.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Champion Trustworthy AI in solving business problems - Work with business units to understand their AI Governance needs, opportunities, and pain points. Work with risk and control teams to ensure AI related risks are adequately managed. Focus on relationship building and become a trusted partner for AI Governance within the bank. Contribute to the development of AI risk management thought leadership and related educational resources both within the organization and externally.

• Ensure AI Solutions are managed and delivered in a governed manner - Work with AI development, technology, and risk/control/compliance teams in identifying, assessing, and mitigating AI-related risks in accordance with AI risk management best practices, tools and techniques to comply with governance requirements and accelerate CIBC’s leadership in ethical and responsible use of AI. Develop AI-related risk mitigation controls with key partners and assist with ongoing risk reporting and risk reviews for the Enterprise.

• Translate Research into Actionable Insights - Monitor, research, and report on the latest trends and developments around AI risk management. Help ensure that all AI risk management processes, tools, and techniques are inclusive of the requirements necessary to meet the growing demands and advancements in AI by suggesting and making changes to the current state.

• Ignite Innovation, Drive Execution - Work as an internal consultant to drive results through the application of "governed" AI solutions. Provide support and help drive adoption of AI Governance across the organization by developing strategy and success metrics. Manage and participate in all AI Governance related bodies and committees.

Who you are

• You demonstrate technical fluency in AI/ML. You understand predictive modeling, NLP, computer vision, and generative AI, and you’ve worked across the production lifecycle assessing controls and evidence in regulated environments.

• You securely navigate AI risk frameworks and regulation. You’re fluent with NIST AI RMF, ISO/IEC AI risk standards (e.g., 23894, 42001), and model risk expectations in financial services, and you translate them into pragmatic, auditable controls.

• You uphold Trustworthy AI as a core principle. You apply data protection, fairness and bias mitigation, explainability, security-by-design, and third‑party risk practices to safeguard clients and the bank, and to support positive outcomes for society.

• You communicate with clarity and influence across diverse stakeholders. You distill complex topics clearly for diverse audiences, build strong partnerships, and drive outcomes through stakeholder management and influence without formal authority.

• You value professional accreditation and relevant education. You hold a degree in a relevant field (e.g., Data Science, Computer Science, Engineering, Statistics, Risk Management). Certifications such as IAPP AIGP, ISO/IEC 42001, ISO/IEC 23894, CertNexus CEET, IEEE CertifAIEd, or IAPP CIPT are assets.

• Values matter to you. You bring your authentic self to work and 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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-81 Bay, 21st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Artificial Intelligence (AI), Artificial Intelligence Ethics, Cloud Governance, Governance Framework, Machine Learning (ML), Regulatory Compliance, Risk Management, Risk Management and Mitigation

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

What you'll be doing

As a Quantitative Analyst in the Model Validation team, you will play a critical role in ensuring the integrity, reliability, and regulatory compliance of CIBC’s models. You will focus on validating models across various domains, including credit risk, Anti-Money Laundering (AML)/Fraud risk, market risk, operational risk, and capital adequacy, in alignment with the revised OSFI E-23 guidelines. Your expertise in quantitative analysis and regulatory frameworks will help safeguard the bank’s risk management practices and ensure sound decision-making.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Model Validation- Conduct independent validation of models used for risk management, stress testing, capital adequacy, and other business applications. Assess model performance, assumptions, and methodologies to ensure compliance with OSFI E-23 guidelines. Perform rigorous testing, including back-testing, sensitivity analysis, and benchmarking. Identify and quantify model risks, including limitations and weaknesses, and recommend mitigation strategies.

• Regulatory Compliance- Ensure all model validation activities align with the revised OSFI E-23 guidelines and other applicable regulatory requirements. Prepare detailed validation reports and documentation to support regulatory submissions and internal audits.

• Communication- Work closely with various stakeholders and senior management to communicate validation findings and recommendations. Provide technical expertise and guidance on model risk management best practices.

• Continuous Improvement- Stay updated on industry trends, regulatory changes, and advancements in quantitative modeling techniques. Contribute to the development and enhancement of CIBC’s model risk management framework.

Who you are

• You can demonstrate experience and knowledge of financial products (including the corresponding risk measurement models) and the regulatory requirements on model risk management. You have good programing skills, e.g. Phyton, SAS, Matlab and VBA etc. Knowledge of AI/ML/LLM models and applications would be an asset.

• You have a Bachelor’s or Master’s degree in the areas of Mathematical/Computational Finance, (Financial) Engineering, Applied Mathematics (Statistics/ Econometrics) and Computer Science (Software Engineering). 

• You love to learn. Maintain up-to-date knowledge with regard to various modeling technique (e.g., linear/logistic/non-linear regression models and machine-learning models), regulatory requirement on capital calculation and model risk management.

• You’re driven by collective success. You collaborate well in a team, learning from others and applying your skill set. You proactively seek new opportunities to define what’s possible. 

• 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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Decision Making, Group Problem Solving, Model Analysis, Regulatory Requirements, Risk Models, Risk Quantification

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

What you’ll be doing

As the Senior Quantitative Analyst, Model Validation, you will have the opportunity to conduct an independent validation of CIBC’s analytic Retail models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics, in particular, used for calculation of Economic and Regulatory Capital, IFRS 9, Stress Testing, Treasury, Account Management, Fraud, Anti-money laundering (AML).

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Model Validation and Problem Solving - Review the model's fundamental rationales and assumptions for soundness, as well as the theoretical underpinnings for consistency.

• Technical Expertise and Testing - Develop an independent benchmark, using suitable programming languages and tools, and then conduct various quantitative/qualitative tests to assess the accuracy, strength and weakness of the model.

• Reporting - Write a validation/vetting report that includes a description and analysis of both model and benchmark approaches, as well as model risk and limitation.

Who you are

• You have a degree. Master’s or Ph.D. degree in one or more of the following: finance, mathematics, applied mathematics, statistics, economics, econometrics, physics, computer science, engineering, etc.

• You can demonstrate experience. Model validation, model development, and/or internal audit experience. In-depth hands-on experience in Statistical modelling tools (e.g., SAS, Matlab, R and Python), strong qualitative and quantitative analytical skills from experience working with large data volumes.

• You can demonstrate knowledge. Of econometric/Statistical models, AIRB credit risk models (PD, LGD, EAD), IFRS 9/CECL, Fraud, AML, Scorecards, Adjudication, AI/Machine Learning, Stress Testing, etc.

• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity. Maintain up-to-date knowledge with regard to development and changing technology in risk management.

• You’re motivated by collective success. You collaborate well in a team, learning from others and applying your skill set. You proactively seek new opportunities to define what’s possible.

• 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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Decision Making, Group Problem Solving, Model Analysis, Regulatory Requirements, Reporting and Analysis, Risk Models, Risk Quantification

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

What you’ll be doing

As Senior Quantitative Analyst, Model Validation, you will have the opportunity to conduct an independent validation of CIBC’s analytic models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics, in particular, used for calculation of Economic and Regulatory Capitals, Default and Loss Risk Rating models, Treasury, IFRS 9, and Stress Testing.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.  Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you’ll succeed

• Problem solving - Review the model's fundamental rationales and assumptions for soundness, as well as the theoretical underpinnings for consistency.

• Technical expertise and testing - Develop an independent benchmark, using suitable programming languages and tools, and then conduct various quantitative/qualitative tests to assess the accuracy, strength and weakness of the model.

• Reporting - Write a validation/vetting report that includes a description and analysis of both model and benchmark approaches, as well as model risk and limitation.

Who you are

• You have a Master’s or Ph.D. degree in one or more of the following: computer science, finance, mathematics, applied mathematics, statistics, economics, and/or econometrics, physics or engineering.

• You can demonstrate experience in statistical modeling: logistic regressions, scorecards, survival models, deep understanding of credit risk concepts (PD, LGD, EAD), expert-judgment and override scorecards, modeling philosophy, benchmarking risk rating models and testing of sensitivity to selected risk variables, assessment of model degradation and data stability using metrics like Population Stability Index (PSI), Kolmogorov-Smirnov (KS) test, and in fairness/bias assessments, including demographic parity and equalized odds.

• You can demonstrate knowledge of relevant regulations and guidelines, including the US Fed SR 11-7 Supervisory Guidance on Model Risk Management and OSFI E-23 Guidelines.

• You have in-depth hands-on experience in Statistical modelling tools (e.g., SAS, R, Python).

• You love to learn. You're passionate about growing your knowledge.  You maintain up-to-date knowledge with regard to development and changing technology in risk management.

• You’re driven by collective success. You collaborate well in a team, learning from others and applying your skill set. You proactively seek new opportunities to define what’s possible.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

#LI-TA

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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Artificial Intelligence Algorithms, Decision Making, Group Problem Solving, Machine Learning (ML), Model Analysis, Model Validation, Python (Programming Language), Regulatory Requirements, Reporting and Analysis, Risk Models, Risk Quantification, R Programming, SAS Language, Statistical Data Modeling

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

What you’ll be doing

As Quantitative Analyst, Model Validation, you will have the opportunity to conduct an independent validation of CIBC’s analytic models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics, in particular, used for Anti-money laundering (AML), Fraud, Marketing, calculation of Economic and Regulatory Capital, IFRS 9, Stress Testing, and Treasury.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.  Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you’ll succeed

• Problem solving - Review the model's fundamental rationales and assumptions for soundness, as well as the theoretical underpinnings for consistency.

• Technical expertise and testing - Develop an independent benchmark, using suitable programming languages and tools, and then conduct various quantitative/qualitative tests to assess the accuracy, strength and weakness of the model.

• Reporting - Write a validation/vetting report that includes a description and analysis of both model and benchmark approaches, as well as model risk and limitation.

Who you are

• You have a Master’s or Ph.D. degree in one or more of the following: computer science, finance, mathematics, applied mathematics, statistics, economics, and/or econometrics, physics or engineering.

• You can demonstrate experience of developing and validating statistical models, including logistic regressions, scorecards, and survival models, with deep knowledge of relevant regulations and guidelines, including the US Fed SR 11-7 Supervisory Guidance on Model Risk Management and OSFI E-23 Guidelines.

• You can demonstrate experience and knowledge in credit risk concepts (PD, LGD, EAD), expert-judgment and override scorecards, model risk management, out-of-distribution testing, assessment of model degradation and data stability .

• You possess in-depth hands-on experience in Statistical modelling tools (e.g., Python, R, SAS).

• You love to learn. You're passionate about growing your knowledge.  You maintain up-to-date knowledge with regard to development and changing technology in risk management.

• You’re driven by collective success. You collaborate well in a team, learning from others and applying your skill set. You proactively seek new opportunities to define what’s possible.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

#LI-TA

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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Artificial Intelligence (AI), Decision Making, Group Problem Solving, Machine Learning (ML), Model Analysis, Model Validation, Python (Programming Language), Regulatory Requirements, Reporting and Analysis, Risk Models, Risk Quantification, R Programming, SAS Language, Statistical Data Modeling