Director, US Third Party Governance and Regulatory Support

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 Director of Third Party Risk Governance and Regulatory Support, you will lead our efforts in managing third-party risk and ensuring governance and compliance with regulatory requirements. You will be responsible for developing and implementing risk governance frameworks, policy and procedure that align with CIBC's strategic objectives. Your expertise in risk management will help us identify, assess, and mitigate risks associated with third-party relationships, ensuring that our business operations remain secure and compliant. Part of your role will also involve coordination and provision of governance to services that are provided by the Enterprise to the region or by other regions of the bank as a service consumer.

The role drives innovation across all areas of responsibility, applying expert interpersonal, communication, and problem-solving skills to lead the alignment of technology best practices and application strategies to help respective business lines achieve their targeted goals.

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

• Governance and Compliance: Develop and maintain a comprehensive third-party risk governance framework that aligns with regulatory requirements and industry best practices. Ensure that all third-party relationships are assessed for risk and compliance.
• Risk Assessment and Mitigation: Oversee and provide governance for the execution of risk assessments for third-party vendors, identifying potential risks and recommending appropriate mitigation strategies. Collaborate with business units to ensure that risk management practices are integrated into vendor selection and management processes.
• Stakeholder Engagement: Build and maintain strong relationships with internal stakeholders, including Enterprise TPGO, control groups, second line of defense, internal audit, regulatory affairs, and operational teams, to ensure a cohesive approach to third-party risk management. Communicate risk findings and recommendations to executive management and other key stakeholders.
• Regulatory Support: Stay informed about regulatory changes and industry trends related to third-party risk management. Provide guidance and support to ensure compliance with applicable regulations and standards.
  
  

Who You Are

• You are an experienced professional. You have 7-10 years of direct/related third party risk management experience with technology, cybersecurity operations and governance oversight. You are a strategic comprehensive leader with a background in Cybersecurity or related field, leading high performing teams, driving program evolution and continuous improvement. Your ability to communicate effectively with multiple levels of management ensures that risks are understood and addressed and you possess exceptional problem solving skills to creatively develop unique approaches and solutions that are necessary to address complex problems.
• You're motivated by collective success. You are passionate about building relationships and fostering collaboration across teams. Your authentic approach helps you build trust and influence outcomes.
• You can collaborate and communicate. You have strong communication skills with the ability to articulate complex technical concepts in a clear, concise manner through both written and verbal communications.
• You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You possess strong analytical skills, enabling you to assess complex risk scenarios and provide actionable recommendations.
• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
  
  

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $165,000 - $220,000 for the 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.

This position does not offer visa sponsorship.

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, 9th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Facilities Planning, Negotiation, Office Space Planning, Organizational Processes, Prioritization, Real Estate Management, Real Estate Portfolios, Real Estate Strategies, Regulatory Awareness, Regulatory Compliance, Regulatory Experience, Regulatory Knowledge, Service Level Agreement (SLA), Strategic Objectives