CIBC US · 1 day ago
Sr Consultant - Business Controls (Risk Governance)
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$112K/yr - $130K/yr
5+ years expCIBC is building a relationship-oriented bank for the modern world and is seeking a Senior Consultant in Business Controls for their US Commercial Banking Risk Governance team. The role involves supporting risk management activities, identifying controls, leading remediation efforts, and liaising with various lines of defense on risk programs.
BankingFinancial Services
Responsibilities
Support the risk management activities for the Client Banking Specialist and Treasury Management teams
Participate in risk assessments, lead remediation of deficiencies, write procedures, monitor business processes, and report on business risk outcomes
Liaise with the second and third lines of defense on new/changes to risk programs, gathering evidence and support during exams, and providing subject matter expertise over the processes executed by the Client Banking Specialists and Treasury Management teams
Manage relationships at peer or director level, as well as project and initiative managers, within the assigned LOB
Represent Risk Governance on LOB initiatives
Work closely with LOB partners to proactively identify risk exposures and control gaps
Analyze and synthesize risk exposures, operational losses, root causes and control gaps
Lead the assessment and recommendation of self-assessed deficiencies to mitigate risk exposures and control gaps
Lead the Change Initiative Risk Assessment (CIRA) process ensuring all high inherent risks are identified and compliant to the CIBC CIRA process
Act as the risk and controls Subject Matter Expert (SME), providing expert advice to Line of Business partners
Participate in business, governance and regulatory projects, typically medium to highly complex initiatives, to identify risk and control issues
Lead all Internal Audits, Compliance Exams, AML/CEEP, and GORM Reviews for the LOB regarding audit scope review & finalization, requests for information, fieldwork support and potential deficiency management
Understand and communicate requirements related to fraud, AML, compliance, data, and transaction processing risks
Identify efficiency opportunities within existing processes to ensure process control
Understand and communicate Control Framework requirements to LOB partners to ensure awareness and understanding and impacts
Lead the completion of CIBC Control Framework requirements, including Risk and Controls Self Assessments (RCSAs), Key Regulatory Indicators (KRIs)
Act as the Maintenance Officer for Operational Process Controls (OPCs), Financial Process Controls (FPCs) and Regulatory Compliance Management (RCM) controls
Develop & present Executive Reporting on the governance & controls environment of the sub LOB
Qualification
Required
Understanding of account openings, key product delivery processes and back office settlement/fulfillment processes
Extensive knowledge of risk management, audit & regulatory compliance principles, practices, policies and procedures
Experience in Commercial Banking, Capital Markets or Wealth Management products and channels
Degree in accounting, finance, or a related field
Minimum of 5 - 10 years experience
Benefits
Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave and Vacation)
Holidays
401(k)
A benefits program
A vacation offering
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
Company
CIBC US
CIBC US provides tailored commercial and personal banking services, private banking, wealth management and small business financial solutions.
1001-5000 employees
H1B Sponsorship
CIBC US has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (35)
2024 (42)
2023 (29)
2022 (11)
2021 (77)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
Brant Ahrens
Chief Administrative Officer
Recent News
2025-07-25
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