CIBC US

Director, Model Governance

CIBC US

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois, New York

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Salary

💰 $146,300 - $228,000 per year

Job Level

Lead

About the role

  • Lead the design and implementation of the model governance framework
  • Build and maintain model risk policies and standards
  • Oversee the model inventory including classification, documentation, and change management
  • Direct activities of the model risk committee and facilitate committee operations
  • Engage with stakeholders across the bank and serve as primary point of contact for model governance matters
  • Produce regular risk reports for senior leadership, risk committees, and the Board
  • Drive continuous improvement in model risk processes
  • Lead and develop a high-performing team

Requirements

  • Experience in model risk management
  • Experience in regulatory compliance
  • Experience in policy development
  • Experience with SR 11-7 or similar regulatory frameworks (asset)
  • Degree/diploma in a related field such as finance, risk management, or mathematics
  • Analytical skills
  • People leadership experience, including coaching and team development
  • Influential and relationship-building skills
  • Detail oriented and critical thinking skills
  • Ability to communicate detailed information effectively
  • Legal eligibility to work at the specified locations / valid work or study permit where applicable
  • May be asked to complete attribute-based assessment and other skills tests (simulation, coding, MS Office)
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