Consultant, Business Risk Advisory

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

Reporting to the Director, the Business Risk Advisory (BRA) Consultant will ensure that an effective control environment is in place to support the CIBC Wood Gundy Branch network.  The BRA Consultant will be responsible for ensuring that CIBCWG is adhering to industry regulations, corporate policies, and acceptable standards of business ethics and conduct.  The BRA Consultant will act as a key contact for Wood Gundy advisors, Operations teams and business partners on escalated, systemic or complex Business Risk Advisory issues.

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.

The expected annualized base salary range for this role is $75,870 to $104,320.
The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles.

In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program.

We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.

How you’ll succeed

• Key Responsibilities & Focus - Major areas of activity include governance, monitoring compliance with applicable laws, legislation, regulations & CIBC internal policies/standards/guidelines. Respond to new and escalated Business Risk Advisory queries in an accurate and timely manner.  Identify and work with management to implement recommendations to address root cause. Day to Day activities include AML exceptions, WG Privacy, Private Placements, Estate issues, Trust Accounts, Legal enquiries, POAs, Security Risk Rating, Fraud and WG Conflicts of Interest and other Wood Gundy exceptions.

• Point of contact - Act as a key contact for Wood Gundy advisors, Operations teams and business partners on escalated, systemic or complex Business Risk Advisory issues.  Obtain assistance from Tax, Legal, Compliance and Director as required to address root cause. Perform / coordinate the various centralized supervision functions such as the supervision of OTCs and Social Media Direct Messages.  Follow up on any questionable transactions.  Identify, analyze and implement courses of action to ensure all regulatory requirements and timelines are met.

• Collaboration - Develop and maintain relationships with internal auditors, Wood Gundy Compliance, Branch Managers and Regional / Managing Directors in order to support, coach, mentor for risk matters. Partnering with Director, proactively lead and represent the Business Risk Advisory Department on key business reviews, projects and audits.  Coordinate priorities as required to ensure BRAE action items are completed in an accurate, timely, diligent and thorough manner.

• Coach - Educate, support, coach and mentor WG branches and business partners on day to day technical issues. Identify and resolve Business Risk Advisory issues, helping colleagues adhere to CIBC policies, standards, guidelines and controls

• Documentation & Performance Analysis - Retrieve, consolidate and analyze Business Risk Advisory Metrics.  Assist with the allocation and reallocation of workload to meet changing priorities and to address opportunities. Coordinate the documentation and analysis of Business Risk Advisory policies, procedures, intranet site and communications.

• Create a positive work environment and be an effective role model by championing CIBC’s mission, vision and values.

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Who you are

• You demonstrate good Knowledge of the financial services industry gained through previous experience. You show solid understanding of the CIBC Wood Gundy business, along with the regulatory and compliance environment surrounding the branch network. You show intermediate knowledge of Microsoft Office applications is required, more advanced knowledge of Excel, Access and PowerPoint is beneficial.

• You’re a certified professional. You have successfully completed: Canadian Securities Course, Conduct and Practices Handbook; completion of other industry courses would be beneficial.

• You are a problem solver. Well-developed problem-solving skills necessary to develop unique or creative approaches and solutions to resolve complex issues / problems.

• You have the ability to manage several small to medium sized projects concurrently involving complex changes to technical or business environment. You work well under pressure, with tight deadlines, and sometimes competing objectives.

• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity. You show strong interpersonal skills in order to maintain strong working relationships with colleagues, Wood Gundy teams and other business partners.

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

• You are a strong communicator and possess solid written and verbal communication skills. You are proactive and service orientated.

#LI-TA

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 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*, defined benefit pension plan*, an employee share purchase plan, 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 Mailbox.careers-carrieres@cibc.com

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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, 12th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively