Director, Liquidity Assumptions And Analysis

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The Director, Liquidity Assumptions and Analysis provides first line oversight, analysis, monitoring and reporting of liquidity and funding risk for CIBC’s US Region and Combined US Operations (CUSO). The optimal candidate will apply extensive technical expertise to maintain, update, and refine the assumptions used for stress testing, forecasting, and strategic business assessments to ensure the Liquidity risk framework of the US Region is sufficient and meets industry and regulatory standards. This position will own the core Internal Liquidity Stress Testing (ILST), Cash Flow Forecasting (CFF), and liquidity risk assessment of new products.

This is a Director position within US Liquidity Management group that involves provision of technical expertise to limit, monitor and report on liquidity risk of the CUSO. The candidate’s technical expertise and experience in working with senior managers will result in high quality analysis that supports the monitoring and management of the US liquidity risk appetite. The role will lead development and review of the assumptions in CIBC’s US Cash Flow Forecasting and US Liquidity Stress Testing models and manage a team of analysts to execute these model responsibilities.

Within this framework and in a fast paced, high profile environment, the candidate is accountable to:

• Support resolution of audit deficiencies and other initiatives as required.
• Support preparation of in depth analysis on liquidity exposures as required and prepare presentations to Management and other forums such as management committees.
• Serve as the lead subject matter expert on ILST assumptions, scenarios, and risk management.
• Contribute to the development, testing and implementation of the liquidity models along with other liquidity related initiatives, as required.
• Participate in projects to improve existing reporting applications and technology designs/processes as required.
• Assist in liquidity risk analyses and recommendations to support development of Liquidity Measurement & Management, and Contingency Planning strategies.
• Lead the forecasting process of liquidity metrics and ILST, including managing projection assumptions, documentation, and coordination with lines of business and the financial planning function.
• Support the implementation of effective process and control, in accordance to internal and external quality standards and requirements for liquidity reporting.
• Directly manage a team of analysts and partner with other Treasury colleagues across the bank globally to improve the US Liquidity Management practices.
• Own and maintain the expansive documentation and framework for ILST including the scenario narratives, assumptions book, and historical analysis.

Qualifications

• Expertise in Excel, proficiency in Word and Power point. Skills in other data tools such as Alteryx, Tableau, and SQL; financial modeling experience a plus.
• At least 7 to 12 years of work experience in the Financial Services industry, with at least 5 years in a Corporate Treasury orRisk Management function, preferably at a large banking organization subject to Reg YY.
• Experience directly with Internal Liquidity Stress Testing (ILST), Liquidity Buffer, and/or LCR modelling is a significant plus.
• Relevant experience with advanced liquidity risk management, banking, capital markets, and enhanced prudential standards for large financial institutions is required
• Ability to create professional PowerPoint decks to be presented to Senior Management.
• Successful candidates must exhibit CIBC’s values of trust, team work and accountability.
• Excellent attention to detail and a demonstrated ability to deliver results.
• Must have a university degree in Business/Accounting/Finance or related field.
• Relevant experience, expertise, and comfortability working with data, models, and complex balance sheet products in a spreadsheet and analytic tools.

What CIBC Offers

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:

• Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
• Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
• Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.
• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.

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What You Need To Know

• 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.
• 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 [email protected]

Job Location

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Analysis and Reporting, Liquidity Stress Testing, Management Reporting, Microsoft Excel, Microsoft Excel Data Analysis