Senior Consultant, Quantitative Risk Modelling
About the position
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 part of the US Credit Model Management team, you’ll play a pivotal role in advancing CIBC’s credit risk management capabilities. As a Senior Consultant, Quantitative Risk Modelling, you’ll leverage quantitative analytics and emerging technologies to deliver data-driven insights, drive innovation, and ensure robust risk controls. You’ll be responsible for the governance, monitoring, and performance evaluation of credit risk management models and analytics, ensuring they meet internal standards and regulatory requirements. You’ll work independently on complex assignments, collaborating with cross-functional teams to develop, refine, and implement best-in-class risk modelling practices. You’ll also partner with Head Office and Lines of Business to support model development and ensure alignment with organizational objectives. 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 3 days per week on-site, while other days will be remote. How you'll succeed
Responsibilities
• Credit risk modelling and analytics – Develop, maintain, and monitor quantitative credit risk models to support underwriting, portfolio management, and reporting. Analyze portfolio trends and risk exposures to inform management decisions and support regulatory requirements.
• Stakeholder engagement and communication – Serve as a trusted advisor to business partners, providing expert insights on credit risk issues and model outputs. Clearly communicate technical concepts and recommendations to both technical and non-technical stakeholders, including senior management.
• Leadership and development – Provide guidance, coaching, and support to team members on credit model risk management practices. Promote a culture of accountability, integrity, and continuous improvement.
• Compliance and risk culture – Ensure all activities adhere to CIBC’s policies, regulatory requirements, and risk management frameworks. Proactively identify, escalate, and mitigate risks, and participate in audits and regulatory reviews.
Requirements
• You have a Bachelor’s degree in Business, Finance, Statistics, Mathematics, or a related quantitative discipline; advanced degree (e.g., MSc, PhD) preferred.
• You have 10+ years of progressive experience in credit risk management and quantitative modelling within financial services.
• You have demonstrated expertise in developing, maintaining, and monitoring credit risk models using statistical and machine learning techniques.
• You have deep understanding of relevant regulatory requirements (e.g., CCAR, Basel, SR 11-7) and industry best practices.
• You have technical expertise .
• You’re proficient with programming languages and analytical tools such as Python, R, SAS, SQL, DevOps and data visualization platforms.
• Values matter to you. You bring your real self to work and you live our values—trust, teamwork, and accountability.
Benefits
• At CIBC, we offer a competitive total rewards package.
• This role has an expected salary range of $130,000- $145,000 for the market based on experience, qualifications, and location of the position (salary range varies based on the location which will be discussed at the time of the interview).
• 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.
• 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.
Apply tot his job
Apply To this Job
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 part of the US Credit Model Management team, you’ll play a pivotal role in advancing CIBC’s credit risk management capabilities. As a Senior Consultant, Quantitative Risk Modelling, you’ll leverage quantitative analytics and emerging technologies to deliver data-driven insights, drive innovation, and ensure robust risk controls. You’ll be responsible for the governance, monitoring, and performance evaluation of credit risk management models and analytics, ensuring they meet internal standards and regulatory requirements. You’ll work independently on complex assignments, collaborating with cross-functional teams to develop, refine, and implement best-in-class risk modelling practices. You’ll also partner with Head Office and Lines of Business to support model development and ensure alignment with organizational objectives. 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 3 days per week on-site, while other days will be remote. How you'll succeed
Responsibilities
• Credit risk modelling and analytics – Develop, maintain, and monitor quantitative credit risk models to support underwriting, portfolio management, and reporting. Analyze portfolio trends and risk exposures to inform management decisions and support regulatory requirements.
• Stakeholder engagement and communication – Serve as a trusted advisor to business partners, providing expert insights on credit risk issues and model outputs. Clearly communicate technical concepts and recommendations to both technical and non-technical stakeholders, including senior management.
• Leadership and development – Provide guidance, coaching, and support to team members on credit model risk management practices. Promote a culture of accountability, integrity, and continuous improvement.
• Compliance and risk culture – Ensure all activities adhere to CIBC’s policies, regulatory requirements, and risk management frameworks. Proactively identify, escalate, and mitigate risks, and participate in audits and regulatory reviews.
Requirements
• You have a Bachelor’s degree in Business, Finance, Statistics, Mathematics, or a related quantitative discipline; advanced degree (e.g., MSc, PhD) preferred.
• You have 10+ years of progressive experience in credit risk management and quantitative modelling within financial services.
• You have demonstrated expertise in developing, maintaining, and monitoring credit risk models using statistical and machine learning techniques.
• You have deep understanding of relevant regulatory requirements (e.g., CCAR, Basel, SR 11-7) and industry best practices.
• You have technical expertise .
• You’re proficient with programming languages and analytical tools such as Python, R, SAS, SQL, DevOps and data visualization platforms.
• Values matter to you. You bring your real self to work and you live our values—trust, teamwork, and accountability.
Benefits
• At CIBC, we offer a competitive total rewards package.
• This role has an expected salary range of $130,000- $145,000 for the market based on experience, qualifications, and location of the position (salary range varies based on the location which will be discussed at the time of the interview).
• 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.
• 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.
Apply tot his job
Apply To this Job