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Business Effectiveness Partner

Company: Canadian Imperial Bank of Commerce
Location: Chicago
Posted on: April 3, 2024

Job Description:

Business Effectiveness Partner page is loaded Business Effectiveness Partner Apply locations Chicago, IL time type Full time posted on Posted 4 Days Ago job requisition id 2315730 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 Our People, Culture and Brand business leads the bank's Global Human Capital Strategy by partnering with the business to proactively drive value by unlocking the potential of our human capital and deploying it to the areas of greatest impact - helping our team members to thrive, connect, develop and prosper. Our team is focused on working with the business to create solutions that make CIBC a great place to work and bank. How you'll succeed The Business Effectiveness Professional is responsible for contributing to projects that impact the business through in-depth research analysis, interpretation, documentation, and advice on moderately complex business information. The role applies subject matter expertise to consult with the business on process improvements, leading the technical development to deliver high quality processes and procedures while ensuring compliance with CIBC requirements standards, work practices, processes, security standards and policies. The Business Effectiveness Professional uses independent judgement to provide guidance to project teams, applying a comprehensive, conceptual, and practical understanding of the area of specialization to a wide range of business and technical situations while analyzing business performance. The role participates in risk management and cost optimization projects, supporting the execution of a satisfactory risk plan that incorporates successful audit, and continuous audit and monitoring. Details on your work arrangement will be discussed at the time of your interview. Your responsibilities Risk Assessment : Identify and assess potential risks in the HR processes and operations. This includes risks related to recruitment, employee relations, compensation, benefits, and compliance with labor laws. Risk Mitigation : Develop and implement risk mitigation strategies and processes. This includes creating procedures to minimize the impact of identified risks.

  • Review procedures and standards and adjust or recommend changes to procedures and standards as appropriate.
  • Support the line of business in ensuring adherence to and proper implementation of various Business Line Risk Management practices around the following areas:
    • Policies, procedures, and standards
    • Risk identification/assessment
    • Internal controls & testing
    • Operational resilience
    • Reporting & communication
    • Training
    • Technology & data
    • Own the design, implementation, and modification of controls to mitigate risks, as applicable. Compliance : Ensure HR practices are compliant with federal, state, and local regulations.
      • Implement business-specific processes and procedures, as applicable, in alignment with existing frameworks, policies, standards, and risk appetites.
      • Own and manage respective business continuity risks within respective risk tolerances, in compliance with the policy, standards, guidelines, and processes.
      • Stay updated with the latest changes in labor laws and regulations. Training : Conduct training sessions for HR staff and managers on risk management strategies and compliance requirements. Reporting : Prepare regular reports on the status of risks identified and the effectiveness of the mitigation strategies implemented. Collaboration : Build and maintain working relationships with stakeholders across the different functions the team supports including but not limited to Internal Audit, Legal, Finance, and Operations to address cross-functional risks.
        • Define business requirements and confirm funding for services/products to be sourced.
        • Provide input to Governance and Controls teams and Internal Audit as needed to respond to Internal Audit reviews and findings. Who you are
          • You have a minimum of 5 years in with financial services industry with 3-5 years of demonstrated experience in risk management and human resources.
          • You have experience with labor laws and regulations.
          • You have strong written, verbal, and presentation skills; ability to articulate complex issues concisely and communicate effectively and comfortably with senior leadership.
          • You have strong initiative, energy, and confidence in completing projects with limited supervision.
          • You are excellent at relationship-building and stakeholder management skills.
          • You have an ability to execute tasks under aggressive targets and effectively manage change in plans.
          • You are a highly motivated, self-starter; able to work in a fast-paced, results-driven environment, and comfortable working in non-routine situations.
          • You have a BA/BS Degree in Human Resources or related field. 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:
            • Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
            • Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
            • Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
            • Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more. California residents - your privacy rights regarding your actual or prospective employment What 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*, 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
                • 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 .Job LocationIL-120 S LaSalle St Employment Type RegularWeekly Hours40SkillsAnalytical Thinking, Business Effectiveness, Client Relationship Management, Communication, Detail-Oriented, Presentations, Process Improvements, Process Management Similar Jobs (1) Business Risk Assessment and Measurement Lead locations Chicago, IL time type Full time posted on Posted 3 Days Ago 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.

Keywords: Canadian Imperial Bank of Commerce, Chicago , Business Effectiveness Partner, Accounting, Auditing , Chicago, Illinois

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