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 Swap Dealer Compliance Officer, you will play a key role in supporting CIBC’s Global Swap Dealer Compliance program. You will collaborate with Front Office, Regulatory Operations, and Technology teams to develop and implement solutions that address regulatory requirements, including swap trade reporting. You will monitor and advise on global non-financial regulatory reporting, and provide guidance to CIBC’s global OTC Derivatives business on SEC, CFTC, and NFA rules, as well as technical aspects of swap regulations under the Dodd-Frank Act. Your responsibilities will include assisting with regulatory exams, internal audits, regulatory inquiries, and preparing the Swap Dealer Chief Compliance Officer annual reports. You will provide subject matter expertise on global OTC Derivatives trade reporting across all relevant jurisdictions, continually improve oversight programs, and implement automated trade reporting controls. You will liaise with various internal stakeholders, execute monitoring procedures to ensure compliance, and help develop and maintain policies and procedures related to swaps rules. Additionally, you will assist with drafting annual compliance reports, coordinate regulatory exams, perform surveillance activities, and draft responses to regulatory inquiries.
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 2-3 days per week on-site, while other days will be remote. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How you’ll succeed
Regulatory Expertise: Advise on global OTC Derivatives trade reporting and ensure ongoing compliance with regulations such as CFTC, SEC, MAS, ASIC, HKMA, EMIR, MX LOPR, CIRO, MiFID, SFTR, FINRA LOPR, CAT, and TRACE.
Program Oversight: Enhance the Second Line of Defense oversight program, including daily monitoring and automation of reporting controls.
Collaboration: Work closely with Sales & Trading, Supervision & Governance, Regulatory Operations, Technology, and Regulatory Management teams.
Advisory Support: Provide compliance advisory services to Global Markets personnel across multiple asset classes.
Change Management: Participate in discussions on new derivatives rules and business development opportunities to assess regulatory impact.
Policy Development: Draft and maintain key policies and procedures related to CFTC and SEC swaps rules.
Audit & Regulatory Support: Assist with regulatory exams, internal audits, and compliance reviews, including drafting written responses.
Surveillance: Perform electronic and voice communications surveillance and escalate issues as appropriate.
Cross-Functional Engagement: Collaborate with Technology, infrastructure support groups, and Legal across multiple jurisdictions.
Who you are
University Degree have a 4-year undergraduate degree.
You can demonstrate experience in a minimum of 2-4 years of capital markets experience.
You have experience in one or more OTC Derivative trade reporting regulations (e.g., CFTC, SEC, EMIR, ASIC, MAS, HKMA, MX LOPR, CIRO, MiFID, SFTR, FINRA LOPR, CAT, TRACE) or relevant transaction reporting experience.
You can demonstrate experience in providing regulatory or compliance advice or working with derivatives markets (e.g., commodity, equity, interest rate swaps) preferred.
You possess knowledge of CFTC, SEC, or CSA regulatory landscape, with familiarity in swaps reporting rules considered an asset.
You are proficient with PowerBI, Tableau, Python, PowerPoint, Visio, and Excel.
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, 31st FloorEmployment Type
RegularWeekly Hours
37.5Skills
Quality Assurance Review, Quality Investigations, Regulatory Compliance, Regulatory Requirements, Risk Assessments, Strategic Objectives