US Global Markets Fixed Income Compliance Officer

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 US Fixed Income Compliance Officer is responsible for performing important advisory and monitoring functions to support CIBC’s U.S. Fixed Income Compliance program. The Compliance Officer is responsible for the implementation and oversight of CIBC’s U.S. Fixed Income Compliance Program. The position requires strong knowledge of U.S. securities laws, the Department of the Treasury rules and regulations, and the ability to interact with senior managers and U.S. regulators.

How You’ll Succeed:

The Fixed Income Compliance Officer is primarily accountable for:

• Managing CIBC’s Fixed Income Compliance Program, including monitoring the U.S. Treasury Auctions, coordinating the required annual certifications, training of relevant stakeholders, and being the point of contact for all related issues and matters.
• Providing subject matter expertise on U.S. securities laws, FINRA rules and U.S. Department of Treasury rules and regulations.
• Providing regulatory advice and guidance to firm management, support functions, and business lines within Fixed Income.
• Create and map controls to regulatory obligations used in risk Assessments
• Perform risk assessments on fixed income lines of business.
• Training business line and support staff on rules and regulations, including the U.S. Treasury Auctions and Redemption Operations.
• Drafting key policies and procedures relating to the U.S. broker-dealer, with a focus on policies relating to the U.S. Treasury markets.
• Providing support with ongoing regulatory matters within U.S. Capital Markets, including, Fixed Income Sales and Trading.

Cross Functional Relationships:

• Technology in order to continually evaluate and enhance systems to address specific regulatory requirements and surveillance reports to achieve optimal efficiency and ensure accurate criteria;
• Compliance Management to collaborate with potential regulatory issues and net new rule requirements;
• Infrastructure support groups (e.g., Finance and Operations) to collaborate on control issues;
• US Legal to seek interpretive guidance on technical regulatory requirements; and
• US regulators and CIBC Internal Audit staff during regulatory exams and audits

Compliance requirements/ Responsibilities:

• As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
•  As a Compliance Officer, this job is accountable for reviewing the work of others in the business unit to ensure adherence with all CIBC and LOB governance requirements;
• As an employee of CIBC, the incumbent must complete all annual training requirements

Authorities/Decision Rights:

• As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness
• Who You Are
• Strong interpersonal and written/verbal communication skills
• Bachelor’s degree; J.D. preferred
• Strong technical skills in Microsoft Excel, PowerPoint, SharePoint, Word;
• Strong interpersonal skills in order to maintain working relationships;.
• Excellent verbal and writing skills;
• Series 7, 63 preferred (24 license a plus);
• Understanding of U.S. financial regulatory landscape, with an emphasis on U.S. broker-dealer regulations;
• In depth understanding of the U.S. Auction process and requirements.

Working Conditions:

• This role operates within a normal office environment

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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000-$180,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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*, 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

• 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 tests (such as simulation, coding, MS Office). 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

NY-300 Madison Ave., 6th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Communication, Compliance Activities, Decision Making, Process Improvements, Quality Assurance (QA), Regulatory Compliance, Risk Assessments, Strategic Objectives