Senior Compliance Officer, Advanced Oversight, Investigations & Regulatory Response, Commercial Banking & Wealth Management Compliance

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 the Sr. Compliance Officer reporting to the Senior Manager, Advanced Oversight, Investigations & Regulatory Response (AOIRR), you will be responsible for conducting targeted, risk-based reviews to identify and address potential Anti-Money Laundering (AML) and securities conduct risks in higher-risk portfolios. You will provide risk-based oversight, conduct reviews, and perform internal investigations of securities registrants across all businesses supported by the Commercial Banking & Wealth Management Compliance (CBWMC) team, as required to meet CIBC’s supervisory obligations and risk management expectations. In this role, you’ll support Commercial Banking & Wealth Management (CBWM) and Personal and Business Banking (PBB) in their interactions with regulators—including the Canadian Investment Regulatory Organization (CIRO) and the member securities commissions of the Canadian Securities Administrators—regarding regulatory investigations, business conduct compliance examinations, and other regulatory inquiries and reviews. You will work closely with internal compliance and business partners to support each of CBWMC’s registered Chief Compliance Officers (CCOs), delivering on key regulatory accountabilities under the guidance of the Senior Manager, AOIRR, and Senior Director, AOIRR.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Advanced Oversight & Investigations – Perform advanced oversight, monitoring and analysis to identify potential instances of material risk or conduct issues within CBWMC businesses; perform and coordinate internal reviews and investigations, relating to employee conduct and instances of potential non-compliance with internal or regulatory requirements, including complex and non-routine reviews in each of the various retail securities lines of business CBWMC supports in PBB, PWM, Telephone Banking and DFS.
• Regulatory Response – Facilitate proactive reporting of internal investigations, potential employee misconduct, instances of non-compliance and internal disciplinary action via METs, ComSet, Gatekeeper Report, or otherwise, as deemed necessary in accordance with regulatory requirements and expectations; assist in the management and response to regulatory investigations and examinations including responding to requests for information and liaising with regulators and internal business partners, as necessary, and support remediation plans relating to regulator-identified deficiencies and observations.
• Cross-functional Relationships – Fostering strong internal relationships – including with business management, CIBC governance partners, Internal Audit, Legal and other CIBC Compliance and Risk Management groups, is essential. Maintain strong relationships with external regulators such as CIRO and the various provincial securities commissions.
• Continuous Improvement – Assisting with updates to existing policies and procedures and/or the development of new policies as necessary to address areas of risk, regulatory developments and/or internal or regulatory deficiencies; identifying and addressing opportunities for improvement to enhance the efficiency and effectiveness of internal processes/methodologies.

Who you are

• You're a certified professional. Successful completion of the Investment Dealer Supervisor Course/Branch Manager’s Course and the Canadian Securities Course is necessary for this role. Conduct and Practices Handbook, Branch Compliance Officer’s Course, Options Supervisors Course, Partners, Directors, and Senior Officer’s Course are strong assets.
• You have a University Degree/ College Diploma or equivalent work experience.
• You can demonstrate regulatory knowledge in having solid understanding of the regulatory environment in which CIBC’s securities businesses operate, including retail investment dealer and mutual fund dealer activities.
• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making. You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
• 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 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, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Compliance Reporting, Compliance Testing, Decision Making, Regulatory Compliance, Risk Assessments, Strategic Advice