Director, US Model Validation at CIBC, Chicago, IL

Director, US Model Validation at CIBC in Chicago, IL. Full-time. $220,000 to $250,000 a year. Apply with swipeandhired.

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

Our US Model Risk Management team provides independent oversight to help ensure models are validated, monitored, and governed in line with CIBC policy, US requirements, and regulatory expectations. As Director, US Model Validation, you'll provide effective challenge on model validation activities and lead the US Model Performance Management function as part of the second line of defense. You'll review validation reports and outcomes to ensure conclusions, findings, and recommendations are rigorous, well-supported, and fit for purpose. You'll oversee model performance monitoring across the US portfolio, including issue identification, escalation, tracking, and remediation, to help ensure models remain appropriate for their intended use. You'll also lead and develop the team supporting US Model Performance Management while contributing to governance, audit, attestation, and regulatory review activities. Through your leadership and sound judgment, you'll help strengthen model risk oversight, elevate validation quality, and identify emerging risks and themes across the US business.

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 4+ days per week on-site, while other days will be remote.

How you'll succeed

Who you are

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $220,000 USD - $250,000 USD for the market based on experience, qualifications, and location of the position. 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. #LI-TA
**This position is not available for Visa sponsorship.**

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.

*Subject to plan and program terms and conditions

What you need to know

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Job Location
IL-Chicago, 120 S LaSalle St Fl 8
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Group Problem Solving, Implementation Planning, Leadership, Model Analysis, Risk Models, Risk Quantification, Stress Testing