Quantitative Risk Analyst – Winter 2026 Co-Op

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

What You’ll Be Doing 

As a Risk Analyst, you will contribute to the profitable growth of personal lending portfolios by performing the activities that supports business growth. This includes creating and maintaining datasets,  performance monitoring and identifying data related opportunities for tuning rules and models.  The role will support the data infrastructure development and amalgamation of data for the purposes of driving strategic analytical decisions. The Risk Analyst will use statistical software such as Python, Databricks, Spark, SAS Enterprise Guide, and SAS Enterprise Mineras well as other modeling and visualization software to support the entire model life cycle including development, monitoring and recalibration within Fraud, AML and Retail Credit Risk.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Important Information

• You must be currently enrolled in post-secondary education to be eligible, however, you do not need to be in a registered Co-Op program to be considered for this role. Specialization in a quantitative discipline, such as Mathematics, Statistics, Computer Science, Finance, Economics major or similar is strongly preferred.

• Please include your resume (no more than 2 pages), a cover letter (no more than 1 page), and your most recent unofficial transcript with your application. These should all be uploaded into the Resume section of the application as one pdf document. Failure to include all 3 documents may result in rejection of your application.

• This role is based in Downtown Toronto within a hybrid work arrangement. Please note all employees must work within their current jurisdiction and must reside within Canada

• Duration of term: 8 Months - Winter + Summer 2026 (Jan - Aug)

• 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

• Please note, we have multiple positions available under this posting and you may be considered by more than one hiring team

How You’ll Succeed 

• Problem Solving – You are a keen problem solver and a self-starter, you are able to apply your academic knowledge to develop solutions to support the development and enhancement of processes.

• Analytical – You are analytical, able to draw insights and conclusions from qualitative data, applying structure to complicated concepts.

• Strong Communications – You have well developed interpersonal skills. You are able to take complex concepts and present them in easy to understand written and graphical formats, utilizing spreadsheets, presentation software and web tools. You present your insights, translating them into meaningful observations for varying audience types.

• Writing and presentation skills - you take pride in presenting your ideas to a range of audiences and you can craft compelling visual presentations to convey your message

• Adaptive – You are able to work independently with guidance from management and also in a dynamic team environment.

• Cross Collaboration – You recognize moments when reaching out to your colleagues for help makes achieving team goals easier; you are able to pick up tasks and help out, you are able work collaboratively with other team members when necessary.

​Who You Are 

• You are a university student in a quantitative discipline, such as Mathematics, Statistics, Computer Science, Finance, Economics major or similar.

• You possess expertise in data analytics, with a strong foundation in statistics and mathematics, complemented by advanced skills in relational databases such as SQL. Proficiency in statistical software, including Python, Spark, Databricks, and SAS is highly desirable, as is an understanding of consumer credit. With appropriate guidance, you are capable of evaluating complex data relationships, developing fact-based reports and presentations based on your analysis, and generating insights to recommend effective solutions to identified problems.

• You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity

• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

• 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support, and additional offers such as employee and family assistance programs 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.

*Subject to 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 [email protected]

• 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, 31st Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Computer Coding, Computer Coding, Credit Risk Analytics, Dashboard Reporting, Data Analysis, Data Engineering, Datasets, Financial Modeling, Group Problem Solving, Machine Learning, Microsoft Excel, Microsoft Office, Process Improvement Management, Process Improvements, Python (Programming Language), Python for Data Analysis, Quantitative Analytics, Reporting Processes, Risk Management, SAS Enterprise, SAS Statistics, SQL Databases, SQL Tools, Statistical Software, Statistics {+ 1 more}