Director – Information Security - Ongoing Monitoring

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

The Third-Party Risk Management team helps CIBC manage supplier risk across the enterprise by providing oversight, governance, and ongoing monitoring of third-party relationships. As a Director, Information Security, Ongoing Monitoring, you’ll lead a team responsible for building and delivering capabilities that monitor the risk profile of CIBC’s existing supplier relationships on an ongoing basis. You’ll work closely with third-party risk management lifecycle partners and key stakeholders, including pre-contract due diligence teams, control groups, and vendor relationship managers, to help ensure supplier risk remains within CIBC’s risk tolerance. In this senior leadership role, you’ll define and execute a risk-based supplier monitoring program that aligns with CIBC policy and global regulatory requirements, while supporting consistent governance across lines of business. You’ll also act as a key advisor on supplier risk, remediation, regulatory matters, and program improvements, while coaching and developing your team.

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

• Lead ongoing monitoring – Define and deliver a risk-based ongoing supplier risk monitoring program that aligns with CIBC policies, regulatory requirements, and enterprise risk tolerance. Maintain supporting processes and procedure documentation to ensure consistency and effectiveness.
• Strengthen enterprise governance – Partner with lines of business and vendor relationship managers to support appropriate governance and oversight of third-party services. Provide direction and operational support to help teams effectively manage supplier relationships and monitor contract adherence.
• Maintain supplier risk insights – Oversee supplier risk profiles across the enterprise and maintain a global risk tiering approach for suppliers and arrangements. Use internal, external, and supplier information sources to identify areas of exposure and determine the appropriate monitoring model for each tier.
• Support remediation and regulatory readiness – Execute supplier risk assessments, partner with business units to develop remediation plans, and track issues through to resolution. Act as a point of contact for control testing, audit activity, and regulatory inquiries related to ongoing monitoring.
• Enable global program maturity – Keep current on applicable global regulations and ensure regional and subsidiary needs are reflected in the program. Work to harmonize regulatory expectations into a consistent enterprise approach and continuously improve the program based on industry trends and business needs.
• Lead and develop a high-performing team – Provide leadership, coaching, and mentorship to team members while fostering a collaborative, accountable, and high-performing environment aligned to CIBC’s purpose, vision, and values.

Who you are

• You can demonstrate 5 years of experience in third-party risk management, supplier risk monitoring, information security oversight, vendor governance, and working within a large, regulated environment. You have knowledge of risk management practices, supplier evaluation, and the broader information technology environment. It’s an asset if you have experience interpreting global third-party risk regulations and working across multiple jurisdictions.
• You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• You give meaning to data. You enjoy investigating complicated problems and making sense of information. You communicate detailed information in a meaningful way.
• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
• You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define what’s possible.
• You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

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 [email protected]

• 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-141 Bay, 16th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Collaboration, Communication, People Management, Regulatory Requirements, Risk Management, Risk Monitoring, Team Performance, Third Party Risk Management