Sr. Analyst, Credit Risk Quality Control

Sr. Analyst Business Controls page is loadedSr. Analyst Business Controls

Apply

locations

Chicago, IL

time type

Full time

posted on

Posted 9 Days Ago

time left to apply

End Date: November 1, 2024 (19 days left to apply)

job requisition id

2420775We’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.comKEY ACCOUNTABILITIESPerform various Quality Control reviews related to credit risk and commercial lending practices.Execute key controls related to the quality and accuracy of loan coding to ensure adherence to Bank policy and regulatory requirements.Coordinate and collaborate across the 3 lines of defense to help ensure CIBC US meets relevant short-term and long-term regulatory expectations.Compile data to support a variety of reporting requirements regarding credit risk and financial statement analysis. Generate other ad hoc reporting as required.Identify inefficiencies or inconsistencies and recommend enhancements to existing processes or new processes.Participate and collaborate in the creation of a culture that promotes analytics-driven processes.Conduct review work independently with limited input or instruction, but appropriately solicit consultation and guidance when needed.Participation in special projects, as appropriate, and displays a willingness to help the team achieve its objectives.COMPLIANCE

REQUIREMENTS/RESPONSIBILITIESAs an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.AUTHORITIES/DECISION RIGHTSAs a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.CONDUCT & CULTURE RISK

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual

monitoring/assessments.

We all are accountable for managing risk.As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent

with

our strong risk culture. This includes:Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controlsAt all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goalsUnderstanding and following the qualitative and quantitative components of our Risk Appetite StatementsCompleting all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakingsEscalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controlsSpeaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholdersEscalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institutionKNOWLEDGE AND SKILLSBachelor’s / Master’s degree with major in Accounting, finance, analytics, business, or related area5+ years of experience in commercial lending / credit or related work experience with knowledge of financial, accounting and legal processes and principles associated with commercial lendingExperience working in or with Audit and Risk preferredAbility to analyze large amounts of data; strong analytical thinking, problem-solving and decision-making skillsComfortable performing ad-hoc statistical analysis using pivot tables, vlookup, complex formulas, and other advanced Excel functionsAbility to collaborate and communicate effectively across teams, which includes risk managers, technology and data management teamsProficient in MS Office including Excel and Word. Experience with PowerBI and Tableau preferredStrong verbal and written communication skillsForward thinker, strong drive, and ability to work independently in a team-oriented environmentWORKING CONDITIONS

This role operates within a normal office environment

Travel required: NoAt CIBC, our people are our greatest asset.

You’ll

become part of a diverse community that acknowledges

everyone’s

unique

talents, and

empowers teams to do what’s right for the client and to do it well. As part of our team, you will

:Thrive:

Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home

.

Connect:

Work in a place where the right technology and infrastructure

foster

innovation, collaboration

,

and creativity

.

Develop:

Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training

.

Prosper:

Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program

s

,

retirement savings

, and

more.

California residents — your privacy rights regarding your actual or prospective employmentWhat CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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 LocationIL-120 S LaSalle St, 8th FlEmployment TypeRegularWeekly Hours40SkillsAudit Management, Business Loans, Commercial Real Estate Lending, Credit, Credit Risks, Ensure Compliance, Microsoft Office, Policy Procedures, Prioritization, Risk Management, Underwriting

#J-18808-Ljbffr