Mark Sabapathy
About Mark Sabapathy
Mark Sabapathy is the Director of Global Operational Risk Management at CIBC, with extensive experience in fraud management and operational risk management in personal and small business banking.
Current Role as Director, Global Operational Risk Management at CIBC
Mark Sabapathy currently holds the position of Director, Global Operational Risk Management at CIBC. He has been in this role since 2021, where he leads efforts to manage operational risks on a global scale. His responsibilities include overseeing risk management strategies and ensuring that policies are in place to mitigate risks in CIBC's operations. His role is pivotal in maintaining the bank’s operational resilience and compliance with regulatory requirements.
Previous Roles at CIBC
Before his current role, Mark Sabapathy has held various positions at CIBC, showcasing a comprehensive career in banking and risk management. He served as the Senior Manager of Channel Optimization from 2019 to 2021. Prior to that, he held the title of Senior Manager Fraud Strategy from 2013 to 2019. Mark also gained experience as a Manager of Performance Analytics (2011-2013), Manager of Capacity Planning (2008-2011), Manager of Call Centre Sales Force (2006-2008), Sales Solutions Lead (2005-2006), Bilingual Sales and Service Specialist (2004-2005), and Personal Banking Representative and Teller (1999-2004).
Educational Background
Mark Sabapathy has a solid educational foundation that supports his role in risk management and strategy. He earned a Certificate in Strategic Marketing from Ryerson University in 2011. Additionally, he holds a Bachelor of Arts degree in English Language and Literature from Concordia University, which he completed in 2003. His education has provided him with essential skills in communication and strategic thinking.
Experience in Fraud Management
Throughout his tenure at CIBC, Mark Sabapathy has developed significant expertise in fraud management. He played a key role in shaping the Enterprise Fraud Risk Appetite for retail and business clients. His journey from Senior Manager Fraud Strategy to Director of Global Operational Risk Management demonstrates his robust background and commitment to enhancing the bank's fraud prevention capabilities.
Background in Operational Risk Management
Mark Sabapathy possesses extensive experience in operational risk management, particularly within the spheres of personal and small business banking. His career progression at CIBC—from roles like Manager of Performance Analytics to Director of Global Operational Risk Management—illustrates his deep understanding of risk mitigation across various banking functions. His work ensures that CIBC operates within its risk appetite while achieving strategic objectives.