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

The Vice President, Operational Risk Management, Technology, Infrastructure and Innovation (TI&I) provides strategic direction, leadership, and management for the identification, measurement, and monitoring of operational risk for assigned business units, in addition to operational risk type and regulatory compliance management oversight. This role ensures effective internal control processes are in place and provides leadership in the assessment, remediation, and monitoring of operational risks.

In this capacity, the Vice President works closely with business unit leaders, peers in Risk Management, and other stakeholders to ensure a consistent and collaborative approach to operational risk management.

CIBC employee experience principles:

Always professional… so our team members can excel and be their best professional self.

Radically simple… so our team members can focus on what they need to do and make an impact.

Genuinely caring… so our team members can feel valued for who they are and what they contribute.

CIBC leadership capabilities:

Envisions the future…to innovate purposefully to create new value and harness new capabilities in order to meet the evolving needs of our diverse stakeholders.

Inspires hearts and minds…to build an inclusive culture where we make bold choices, collaborate, and empower others to take chances and do what’s right for our stakeholders.

Drives action and impact, together…to align with urgency around what matters, making decisions with speed and always making a real difference.

What You’ll be Doing

Strategic Oversight and Portfolio Management: provide an independent perspective on operational risk and controls within assigned portfolios in TI&I.  Partner with executive leaders to provide guidance, oversight, and effective challenge in the assessment and establishment of internal controls, ensuring alignment with CIBC’s Operational Risk Management Framework and Control Framework.  Provide reporting on the operational risk posture of TI&I and assigned operational risk types.

Operational Risk Oversight: oversee operational risk types, including Technology, Information/Cyber Security, Data, Third Party, Business Interruption and Project risk, through effective challenge in governance forums, through operational risk tools and practices, and risk review and control maturity assessments.  For assigned regulatory compliance oversight function responsibilities, stay abreast of regulatory requirements and ensure controls are in-place and operating effectively.  Provide operational risk oversight of additional topics, including CIBC’s AI governance and risk management practices, our Operational Resilience Program, and Emerging Risks as it relates to areas the VP is accountable for.

Collaboration and Relationship Building: establish deep working relationships across all of TI&I and key business teams, Risk colleagues including regional/subsidiary 2nd line of defense partner teams, and Control Groups.  Engage with regulators and industry peers as required.  Maintain and deliver services as per defined intercompany agreements.

People Leadership and Team Development: build team and individual capabilities by providing development opportunities.  Manage performance by providing fair and accurate feedback and aligning individual goals with business priorities.  Create a positive work environment and champion CIBC’s mission, vision, and values.

What We’re Looking For

You can demonstrate experience and advanced knowledge of fields including Cyber, Technology, Third Party, Data, Business Interruption and Project risk management.

You’re a certified professional. Advanced degree in Business or related field or equivalent professional experience with a minimum of 10-15 years of industry-related experience. 

You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

You’re focused on excellence. You are not satisfied with the status quo and are motivated to find the best and most effective way to execution.

You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.

You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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.

Expected End Date

2025-09-01

Job Location

Toronto-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Operation Risk Management, Risk Management