CIBC · 12 hours ago
Senior Consultant, Quantitative Risk Modelling
Chicago, IL
Full-time
Hybrid
Senior Level, Lead/Staff
$130K/yr - $145K/yr
10+ years expCIBC Bank USA is building a relationship-oriented bank for the modern world, seeking talented professionals dedicated to client service. The Senior Consultant, Quantitative Risk Modelling will advance credit risk management capabilities through quantitative analytics and emerging technologies, focusing on model governance, monitoring, and performance evaluation.
BankingCredit CardsFinancial Services
No H1B
Responsibilities
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
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
Provide guidance, coaching, and support to team members on credit model risk management practices
Promote a culture of accountability, integrity, and continuous improvement
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
Qualification
Required
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
Preferred
advanced degree (e.g., MSc, PhD)
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)
Wellbeing support
MomentMakers, our social, points-based recognition program
Company
CIBC
CIBC is a financial service company that offers business solutions.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$3.08B2026-01-09Post Ipo Debt· $700M
2025-09-22Post Ipo Debt· $326.24M
2025-07-09Post Ipo Debt· $750M
Leadership Team
Harry Culham
President and CEO | Président et chef de la direction
David Garnier Nova Scotia
Vice President
Recent News
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