Risk & Data Operational Risk Intern

Job Description

About Company

Lensa is a career site dedicated to helping job seekers find suitable employment opportunities within the US. It’s important to note that Lensa is not a staffing firm or agency and does not directly hire for the jobs it advertises. Instead, Lensa promotes job postings on platforms like LinkedIn on behalf of its direct clients, recruitment ad agencies, and marketing partners. For this specific role, Lensa partners with DirectEmployers to promote the job on behalf of CIBC. When you click “Apply Now” or “Read more” on Lensa, you will be redirected to the job board or employer’s site (CIBC’s, in this case), where any information collected will be subject to their terms and privacy notice.

CIBC is presented as a relationship-oriented bank for the modern world, committed to fostering a workplace where talented and passionate professionals are dedicated to doing what’s right for their clients. At CIBC, the culture is designed to embrace individual strengths and ambitions, empowering team members to make a meaningful impact and be truly valued for their contributions. The bank’s overarching goal is to help its clients, employees, and shareholders achieve what is important to them, guided by a business culture founded on the core values of Trust, Teamwork, and Accountability. With 44,000 employees, CIBC emphasizes its commitment to creating an inclusive environment where everyone feels a sense of belonging, and it strives to provide an accessible candidate experience.

Job Description

This posting is for a Risk & Data Operational Risk Intern position as part of CIBC’s Summer Internship Program.

Program Overview:
The internship is a dynamic, 10-week experience typically running from June through August. It is specifically designed to complement academic training and support career aspirations, centered around the core theme of Learn, Connect, Grow.

Work Arrangement:
CIBC emphasizes enabling an optimal work environment. The specific details regarding the proportion of on-site and remote work for this role will be discussed during the interview process.

As a Risk & Data Operational Risk Intern, You Will:

• Learn: Gain valuable hands-on experience by supporting the “Govern” team through impactful assignments. This will deepen your understanding of risk operations, data management, and analytics.
• Connect: Expand your professional network by engaging with a wide range of individuals across CIBC, including employees, fellow interns, and executive leadership.
• Grow: Benefit from structured mentorship and leadership guidance. You will also participate in community outreach initiatives, all while developing crucial technical and interpersonal skills essential for your future career.

Who You Are (Qualifications):

• Academic Standing: Maintain a minimum 3.0 GPA.
• Education: Currently pursuing a bachelor’s degree in fields such as data science, Data Analytics, Finance, Accounting, or a related field.
• Graduation Timeline: Expected to graduate between December 2026 and June 2027.
• Technical Skills: Familiarity with Microsoft Office systems, including Excel and Power BI.
• Soft Skills: Possess exceptional interpersonal, communication, and relationship-building skills.

How You’ll Succeed (Desired Competencies):

• Project Leadership: Demonstrate the ability to lead projects, develop project management skills, and effectively collaborate with various stakeholders.
• Attention to Detail: Exhibit strong analytical skills and a keen eye for accuracy.
• Risk Management Interest: Show a demonstrated interest in risk management functions and governance.

Compensation and Benefits:

• Hourly Rate: This role offers an expected hourly rate of $25.00 per hour for the State of Illinois market. The final rate may vary based on experience, qualifications, and the specific location of the position.
• Total Rewards: CIBC provides a competitive total rewards package.
• Intern Benefits: Interns are eligible for a range of benefits and programs, including 401(k) contribution, Paid Time Off (including Sick Leave and Vacation), Holidays, and other special perks reserved for team members.

Important Information:

• Visa Sponsorship: This position does not offer visa sponsorship.
• Eligibility: Applicants must be legally eligible to work at the specified job location(s) and, where applicable, possess a valid work or study permit.
• Inclusive Environment: CIBC is committed to an inclusive environment and an accessible candidate experience. If you require accommodation, you are encouraged to contact Mailbox.careers-carrieres@cibc.com.
• Application Process: As part of the application process, you may be asked to complete an attribute-based assessment and other skills tests (such as simulation, coding, or MS Office tests). The goal is to learn more about your potential and offer you insight into CIBC.
• California Residents: Specific privacy rights regarding actual or prospective employment are provided via a link in the original posting.

Job Details:

• Expected End Date: August 21, 2026 (likely indicating the end date for a Summer 2026 internship term).
• Job Location: IL-70 W Madison St, 10th Fl (Chicago, Illinois).
• Employment Type: Temporary (Fixed Term).
• Weekly Hours: 37.5 hours.
• Key Skills (mentioned): Communication, Data Analytics, Microsoft Excel, Project Management, Risk Management.