Business Analyst, Market Risk Solutions (Toronto)

Business Analyst, Market Risk Solutions (Toronto)

04 Aug
|
Canadian Imperial Bank of Commerce
|
Toronto

04 Aug

Canadian Imperial Bank of Commerce

Toronto

What you'll be doing

As a Business Analyst on the Capital Markets Risk Management (CMRM) team, you'll assist the Director, Market Risk Solutions by providing subject matter expertise in developing robust and sustainable solutions for market risk capture within our market risk systems. You'll build and maintain strong working relationships across a matrix organization, collaborating closely with both CMRM groups (Trade Floor Risk Managers, Data, Governance, Reporting, Quantitative Solutions) and non-CMRM stakeholders (Risk Technology, Front Office and Front Office Technology, Model Vetting, Finance, Audit). Your expertise will help ensure our market risk processes are methodologically sound and operationally efficient, supporting the ongoing evolution of risk measurement at CIBC. You'll play a key role in driving projects forward, engaging stakeholders, and contributing to the strategic direction of market risk initiatives. Within CMRM, the Risk Measurement, Systems & Reporting (RMSR) group is accountable for developing and maintaining a disciplined approach to the governance, monitoring, and control of the bank’s counterparty credit, market, liquidity, funding, insurance, and pension risk-taking activities, and the associated risk systems. Within RMSR, the Market Risk Solutions group is responsible for developing and maintaining systems and processes for robust market risk and credit valuation adjustment (CVA) regulatory capital calculations, and internal market risk measurement, reporting, and monitoring; supporting new business initiatives within CIBC Capital Markets; meeting requirements for business information, including market risk reporting and limit monitoring; and delivering on regulatory initiatives in the market risk space. 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 in office and work from home) will be discussed at the time of your interview.

How you'll succeed

Domain knowledge - You have a degree in a quantitative field. A relevant professional designation, such as Financial Risk Manager (FRM), is an asset. You have a solid understanding of Capital Markets products and their pricing principles, market risk metrics, models (sensitivities, value at risk (VaR), stress testing, backtesting), regulations, and regulatory capital calculations,



including Fundamental Review of the Trading Book (FRTB) and Basel III CVA. You're curious and committed to growing your knowledge as market risk measurement continues to evolve.

Business analysis - For assigned market risk initiatives, you'll identify and engage relevant stakeholders and perform thorough analysis while applying your existing knowledge and developing new market risk expertise. You'll document the current state, define required changes, propose solutions, build consensus, contribute to business process design, plan and execute testing, and present results to stakeholders.

Project delivery - You'll manage a portfolio of market risk projects and change requests, addressing technical and business obstacles as they arise. You'll collaborate with stakeholders within and outside of CMRM to support timely testing, sign-off, and delivery within applicable project delivery frameworks, including Agile and Waterfall.

Who you are

You have relevant experience. You bring 1-3 years of experience in business analysis, a quantitative field, or a related role. You're a certified professional. You have current accreditation and good standing in Financial Risk Manager (FRM). It's an asset if you hold this designation. You give meaning to data. You enjoy investigating complex problems and making sense of information. You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making. You're digitally savvy. You have experience working with relational databases and manipulating large datasets using tools such as SQL, Visual Basic for Applications (VBA), Python, PowerShell, or R. You adapt easily to new technologies, including artificial intelligence and machine learning. You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results across your team and department. 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 weu2019re 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 chance to learn more about us. Job Location Toronto-81 Bay, 29th Floor Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Emerging Risks, Market Risk Management, Reporting and Analysis, Researching, Risk Analytics, Risk Measurement 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 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

📌 Business Analyst, Market Risk Solutions (Toronto)
🏢 Canadian Imperial Bank of Commerce
📍 Toronto

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