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

CIBC Asset Management (CIBC AM) is one of Canada's largest asset management firms with approximately $180 billion in assets under management and possess over forty-five years of experience designing and implementing client solutions. We are leaders in providing a broad range of high-quality global investment management solutions to retail and institutional clients.

Our assets include those under institutional money management for pension funds, endowments and insurance funds, private wealth management, and those that are part of the CIBC family of mutual funds such as CIBC Mutual Funds and Renaissance Investments family of funds and the CIBC family of managed portfolio solutions such as Managed Portfolio Services (MPS), Personal Portfolio Services (PPS), Frontiers Pools, Axiom Portfolios.

At CIBC, our goal is to help our clients achieve what matters to them. Our philosophy is based on the CIBC values of Trust, Teamwork, and Accountability and we achieve results for our clients through an in-depth disciplined investing approach based on rigor and research.

The Senior Director, Risk Office at CIBC Global Asset Management (GAM) is an executive responsible for the quantitative elements of risk across all investment strategies and client segments. This role encompasses the development and execution of a robust risk management framework, performance computation and attribution, and the integration of advanced risk analytics tools.

At CIBC we enable the work environment most optimal for you to thrive in your role. 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

Risk Monitoring and Oversight: Oversee the identification, assessment, and monitoring of  market, credit, liquidity, operational and model risk categories. Implement and lead regular risk assessments, stress testing, and scenario analysis to proactively identify potential vulnerabilities and mitigate emerging risks.

Performance Computation and Attribution: Ensure the consistent application of performance measurement standards and attribution analysis across all portfolios, incorporating risk-adjusted return methodologies. Ensure all performance data is accurate and centralized within GAM’s data repository for the creation of internal and external reporting. Optimize performance attribution systems (i.e. Bloomberg Port) to enhance overall efficiency and accuracy of performance attribution reporting. Evaluate performance software solutions and AI platforms that can generate operating leverage for performance calculations and attribution analysis. Risk Tools and Models: Support the integration and application of existing risk tools and models (such as the Qi Risk Dashboards) across all GAM product lines. Provide detailed input and feedback into the development of new risk models and tools to enhance the organization’s risk analytics and portfolio construction capabilities.

Risk Governance and Compliance: Ensure that internal risk management policies and risk mitigation strategies are consistently applied across all investment strategies and channels.

Collaboration with Portfolio Managers: Partner closely with portfolio management teams to set risk limits and manage portfolio performance within agreed risk parameters. Provide in-depth risk analysis and guidance on risk-adjusted return methodologies, portfolio construction, and performance attribution. Monitor portfolio risks and work with managers to proactively adjust portfolios to stay within risk limits while maximizing returns.

Risk Culture and Education: Foster a strong risk-aware culture within GAM through the development and delivery of training programs, workshops, and continuous education on risk management best practices. Promote awareness of the impact of risk management on overall performance across all teams and functions, ensuring that risk considerations are integrated into decision-making at every level.

Strategic Leadership and Stakeholder Engagement: Engage regularly with key stakeholders across the business to ensure the alignment of risk strategies with business objectives. Support leadership in strategic decision-making by providing clear, actionable insights based on robust risk analytics and performance data.

Who you are

You have a graduate degree in quantitative field (Econ,Finance, Eng, Math, Physics)

You can demonstrate your experience. Minimum 15 years in quantitative analysis, portfolio management, risk management with at least 5 years as director of research. Systematic portfolio construction and Management- Fixed Income, Credit, Currencies and Derivatives. Risk Management – Market, Credit, and Liquidity. Quantitative Finance – Statistical Modeling, Optimization, and Operations Research.

You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define what's possible.Process Implementation – Data, Analysis, Modeling, Optimization, and Automation

You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. Data Science & Artificial Intelligence – Machine Learning Applications in Finance and Default Risk, econometric modeling, credit and liquidity risk assessment

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

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

Non-Trader-1000 Gauchetière O

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Financial Analysis, Group Problem Solving, Investment Policy, Investments, People Management, Portfolio Construction, Portfolio Performance Analysis, Professional Presentation, Researching, Risk Analytics, Risk Mitigation Strategies, Risk Models, Risk Strategies, Wealth Management