Manager, Environmental Credit Risk Management

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

Global Operational and Enterprise Risk Management (GOERM) is responsible for the oversight of all enterprise-wide operational risks globally and establishes and provides an independent risk perspective and ongoing strategic direction for various enterprise risk functions, while providing overall leadership to risk-wide business management and transformation activities.

As the Manager, Environmental Credit Risk Management within GOERM, you will also be responsible for embedding environmental risk insights into enterprise-wide decision making through the development of applicable risk policies/standards and the development of mitigation strategies. You will be responsible for evaluating environmental and related social risk exposures within CIBC’s credit activities.

The Manager,  Environmental Credit Risk Management will assist and participate in the implementation of corporate environmental programs internal to CIBC aimed at ensuring responsible environmental conduct through the implementation of sound environmental practices. You may also be called upon to assist in the development and management of CIBC-wide environmental governance and compliance programs.

• Administer policies to address environmental and social (E&S) risks inherent in lending activities, and work closely with risk and relationship managers to further develop processes to mitigate risks and reduce potential losses.

• Serve as a contact to risk and relationship managers for environmental and related social credit risk management transactional assessments.

• Evaluate E&S risk inherent and residual in individual and/or syndicated credit transactions, and advise credit risk colleagues on mitigation actions to minimize E&S risk.

• Provide technical expertise in the evaluation of client environmental risks.  These activities result in the direct provision of guidance and support in the structuring of credits in order to protect CIBC from unacceptable levels of environmental risk.

• Develop recommendations for modifications to internal environmental risk evaluations, as needed, to manage environmental risk exposures.

• Serve as secondary CIBC contact to external organizations/agencies related to the evaluation of credit and reputation risks arising from environmental and social issues. 

• Help to develop and deliver training relating to E&S issues and risk management.

• Consistent with CIBC Records Management Policy, manage the maintenance and analysis of database information related to all credit transactions for which Environmental Credit Risk Management support has been provided.

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 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Analytical thinking – Translate and interpret abstract or theoretical information with a high level of attention to detail, accuracy, and consistency.  Translate complex technical or scientific findings into clear, actionable insights for diverse audiences, including non-technical stakeholders.​

• Communication and collaboration –  Apply your excellent verbal and writing skills to effectively articulate ideas and opinions that involve analysis, interpretation, and assessment to others with different disciplinary backgrounds. Develop internal communications to promote CIBC’s environmental initiatives and achievements. Represent CIBC on industry committees and working groups established to develop standards that support the assessment of environmental risks and interact with environmental risk managers and peers at other major financial institutions for the purpose of exchanging information and collaborating on industry initiatives.  

• Leadership skills - Driven by collective success, understands the power of an inclusive team that enjoys working together to bring a shared vision to life. Actively engages and collaborates with teams across the bank to achieve results. Provide support and subject matter expertise for the effective management of environmental risks. 

Who you are

• You can demonstrate 5 years of experience, in environmental site assessment with a working knowledge of related industry-wide environmental policies and best practices. Experience with environmental and social assessments conducted for large-scale development projects would be an asset.

• You have a degree/diploma in preferably Engineering, Science or related field. It’s an asset if you’re fluent in French.

• You know details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.  You frequently engage with internal and external partners to align and execute on projects.

• You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

What CIBC Offers

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*, defined benefit pension plan*, an employee share purchase plan, 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 conditions

What you need to know

• CIBC 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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 Location

Toronto-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Collaborating, Communication, Reporting and Analysis, Translations