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 (https://www.cibc.com/en/about-cibc.html) **What you'll be doing** The Sr. Manager, Country Risk Analysis looks at evolving trends in the macroeconomic, geopolitical, socioeconomic, financial, technological, legal and regulatory environment that have a material impact on the risk and opportunity profile for CIBC businesses in countries where limits have been established and those that are regarded to be of importance to the Bank’s portfolio. Analysts at this level provide technical and professional advice/guidance on complex country-specific economic issues as well as global macro-economic trends and developments. The creativity, innovation and lateral thinking to analyze and develop new approaches and solutions as rapid globalization challenges conventional economic models are very important aspects of the job. _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. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview_ **How you'll succeed** + **Country Risk-** Provide input into the development, identification, monitoring and control of the Country Risk Process. Maintain a near “real time” risk profile for approximately 100 countries where Country limits have been established. Present rating recommendations, including supporting rationale, for assigned Countries to the Country Risk Rating Committee. Maintain an active surveillance list of Countries deemed to have a high probability of rating downgrade. Contribute to the designing, development and maintenance of a predictive model for Countries that do not carry an external rating. + **Stakeholder Management-** Partner with business and risk partners to limit losses arising from Country risk including implementation of appropriate risk mitigation strategies. Play a key role in the management of the end to end Country risk rating process that includes maintenance and/or monitoring of data integrity, including communication of any rating changes to internal business and risk partners in a timely manner. + **Monitor Compliance-** Monitor compliance with and/or exceptions to obligor default ratings caused by Country risk overrides. Provide input/assistance to develop other risk indicators related to country risk like ESG and AML Act as back up for country limit excess monitoring. **Who you are** + **You can demonstrate experience-** Extensive knowledge of the various analysis and interpretive methodologies used by external rating agencies and the ability to research, analyze and interpret this information in order to reach appropriate Country risk rating conclusions. The knowledge of risk management principles, the factors that contribute to risk and the ability to mitigate risk, particularly in a Country context. + **You have strong communication skills-** Well developed writing skills are required in order to convey complex risk issues in a brief and comprehensive fashion. Highly developed interpersonal and presentation skills. Ability to respond quickly to developments (ie, political changes, currency crises) in order to modify outlook and to advise executives. + **You are certified-** Graduate Degree in international economics and/or related discipline and/or at least 5 years of related work experience. + **You understand that success is in the details** . You notice things that others don't. Your critical thinking skills help to inform your decision making. + **You look beyond the moment.** You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible. + **You're driven to succeed.** You are motivated by accomplishing your goals and delivering your best to make an impact + **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 + 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 tests (such as simulation, coding, French proficiency, MS Office). 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, Country Risk Analysis, Group Problem Solving, Market Risk, Regulatory Requirements, Reporting and Analysis, Researching, Risk Management Framework At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.