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
The Senior Manager, Legal Entity Regulatory Reporting (Compliance Management and Controls) - is responsible for the effective sustainment and enhancement of the regulatory controls supporting the Legal Entity Regulatory Reporting team, and is the primary support for the Oversight Function (OF) responsibilities for the teams in accordance with the Regulatory Control Management (RCM) Framework. The Senior manager will provide controls expertise in designing, enhancing and documenting applicable controls effectively and efficiently within the Legal Entity Regulatory Reporting team, and in monitoring the impact of the control environments in upstream teams on the Legal Entity Regulatory Reporting.
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
Relationship management – Build strong business relationships with stakeholders such as Regulatory Compliance, Global Operational Risk Management and the Technology and Operations groups by leveraging relationship management and collaboration skills to make an impact.
Strong communication skills and ability to influence – Ability to communicate requirements effectively, escalate issues on a timely basis and manage stakeholders towards a set of common objectives.
Regulatory compliance management – Identify controls that require documentary enhancement and work with stakeholders to support the quality of control documentation related to Regulatory Compliance. Work within the team to identify and document improvements and changes to the Regulatory Requirement Library.
Internal control management - Be the subject matter expert on Internal Control structure (types etc.). Identify areas of improvement, efficiencies and possible control deficiencies and work with stakeholders to develop and implement corrective actions. Participate in audits and reviews on regulatory internal controls.
Control Assessment - Carry out risk rating assessments for review with Compliance and GORM annually. Partner with internal colleagues (such as the SOX Maintenance Officer (SOMO) for Finance) to ensure an adequate control environment for regulatory reporting risks. Prepare recommendations for Accountable Officer attestations as they relate to RCM. Escalate potential issues to appropriate management level depending on severity. Monitor results of RCM control testing and support colleagues in effectively remediating regulatory issues and deficiencies.
Management reporting - Generate meaningful and timely reporting for Management on the progress of the review of controls and Regulatory Group Topic documents and track and maintain line of sight of the work required.
Who you are
You have a working knowledge of internal control programs including 5+ years of experience in financial services. Knowledge of Canadian regulatory reporting regulations (e.g. CIRO, OSFI, CDIC, Bank of Canada, Stats Canada etc.) would be an advantage
You have experience with a Regulatory Compliance Management Program. You understand internal controls, including how to identify and document them appropriately.
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 act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
#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, 26th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively