CIBC
What is CIBC Square?
The main purpose of Business Controls is to mitigate these
What are risks
This type of risk refers to potential financial losses due to market changes
What is market risk
KYC stands for this in banking
What is Know Your Client
Name 3 people who have a short commute and can walk to their office on a Wednesday
Who is
- Fran
- Patsie
- Jacky
- Carren
- Ryan
- Marta
CIBC's 3 key Canadian business segments
What are
Personal and business banking
Capital markets
Commercial Banking and Wealth Management
This regulatory body oversees financial institutions and sets key risk management expectations
What is OSFI
This risk arises from failure in internal processes, people or systems
What is operational risk?
What is Anti-Money Laundering
There are two people in CIBC that have the same first and last name but our team member has an "A" in their last name
Who is Ryan Mackinnon
CIBC is well know for sponsoring this annual event that raises funds for children's charities across Canada
What is CIBC Miracle Day
This process ensures that controls are designed effectively and operates as intended
What is control testing
This 2nd line of defence group is responsible for providing oversight of CIBC's global risk exposures
Provide full name
What is Global Operational Risk Management?
RCSA is a process used in risk management
Name a person who took a vacation overseas in F25
Double Jeopardy if you can name a country they went to
Who is
- Lisa (Austria)
- Carren (Japan, Korea, Philipines)
In 2023, CIBC launched this new feature to allow clients to customize their banking experience with AI-driven financial insights
What is CIBC insights?
Incident reports have recently migrated to this system
What is eGRC
What is the 4 step operational risk managment model used by GORM
What is
1. identification
2. measurement
3. mitigation
4. monitoring & reporting
RACD establishes and provides an independent risk perspective, strategic direction and leadership for certain teams.
What is Risk Analytics and Credit Decisioning
This team member loves outdoor hiking; they have hiked in Portugal, St Lucia, Morocco, Alberta, British Columbia, Ontario, New Foundland and Nova Scotia
Who is
- Tameena
The CEO of CIBC as of 2026
Who is Harry Culham
Business Controls partners closely with this second line of defense team to manage regulatory and compliance risks
What is GORM
Name the 2 taxonomies in the GORM resource centre
process taxonomy
product taxonomy
GOERM provides overall leadership to risk-wide business management and transformation activies
What is Global Operational and Enterprise Risk Management
Name 2 people who joined the team in Oct 2024
Who is
Anagha
Veanne
Mindy