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 visitWhat you’ll be doingAs Senior Quantitative Analyst, Model Validation, you will have the opportunity to conduct an independent validation of CIBC’s analytic models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics, in particular, used for Anti-money laundering (AML), Fraud, Marketing, calculation of Economic and Regulatory Capital, IFRS 9, Stress Testing, and Treasury.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 succeedProblem solving - Review the model's fundamental rationales and assumptions for soundness, as well as the theoretical underpinnings for consistency.Technical expertise and testing - Develop an independent benchmark, using suitable programming languages and tools, and then conduct various quantitative/qualitative tests to assess the accuracy, strength and weakness of the model.Reporting - Write a validation/vetting report that includes a description and analysis of both model and benchmark approaches, as well as model risk and limitation.Who you areYou have a Master’s or Ph.D. degree in one or more of the following: computer science, finance, mathematics, applied mathematics, statistics, economics, and/or econometrics, physics or engineering.You can demonstrate experience and knowledge of developing and validating advanced AI/ML models, including deep learning, ensemble methods, and generative architectures (e.g., GANs, LLMs), with hands-on experience in model risk management, out-of-distribution testing, adversarial and hallucination detection, factual consistency checks, and establishing alert thresholds for human-in-the-loop governance.You can demonstrate experience and knowledge in AI/ML in banking contexts, such as fraud detection through anomaly models, anti-money laundering (AML), or personalized lending strategies. You have awareness of the regulatory, ethical, and operational challenges tied to applying advanced AI techniques (e.g., graph neural networks or reinforcement learning) in sensitive financial domains.You possess in-depth hands-on experience in Statistical modelling tools (e.g., Python, R, SAS, and MatLab).You love to learn. You're passionate about growing your knowledge. You maintain up-to-date knowledge with regard to development and changing technology in risk management.You’re driven by collective success. You collaborate well in a team, learning from others and applying your skill set. You proactively seek new opportunities to define what’s possible.Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.#LI-TAWhat CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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 contactYou 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, 31st FloorEmployment Type RegularWeekly Hours 37.5Skills Analytical Thinking, Artificial Intelligence (AI), Artificial Intelligence Algorithms, Artificial Intelligence Software, Artificial Intelligence Technologies, Decision Making, Group Problem Solving, Machine Learning, Machine Learning Model Development, MATLAB, MATLAB Programming, Model Analysis, Model Validation, Python (Programming Language), Regulatory Requirements, Reporting and Analysis, Risk Models, Risk Quantification, R Programming, SAS Language, Statistical Data Modeling
