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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

CIBC’s US Compliance Department provides timely, proactive advice and independent second line oversight to the US Wealth Management, US Capital Markets, and US Commercial Banking lines of business.  US Compliance supports these lines of business by being proactive advisors, trusted specialists and value-added partners. Together with the lines of business and in line with CIBC’s Risk Appetite Statement, US Compliance works to identify, assess, manage and mitigate regulatory compliance risk to protect CIBC’s reputation and brand, while helping CIBC become a strong, innovative and relationship-oriented bank.

CIBC seeks a Compliance Advisor that will be instrumental in supporting the execution of the US Private Wealth Group (“PWG”) and CIBC Inc.’s Compliance Risk Management Program with a focus on asset and wealth management regulations. In this role the PWG Compliance Advisor (“PWG CA”) will be responsible for providing compliance support and oversight to the SEC-registered investment advisor (“RIA”) and trust companies contained within CIBC’s US Private Wealth Group.  The PWG CA will help ensure that policies and procedures are maintained at a level commensurate with PWG’s and CIBC’s risk appetite.    

How You’ll Succeed

To support the implementation and maintenance of PWG’s Compliance program, the PWG CA will be accountable for:

Implementing the PWG Compliance Program which supports a large, diversified, RIA and two trust companies.Developing portfolio monitoring and trade surveillance reports to help ensure the referenced compliance program meets its objective. Monitoring trading activity against investment restrictions and regulatory requirements.Maintaining and enhancing the PWG Compliance Program’s policies and procedures.Implementing applicable regulatory changes across various lines of business and operational areas.Evaluating business procedures and controls to identify compliance risks.Providing guidance on regulatory interpretations of applicable asset and wealth management regulations and advise on actions to ensure compliance.Assist with the preparation of regulatory filings.Review employee communications to help ensure compliance with associated guidelines.Review marketing materials for regulatory compliance as needed.Perform Code of Ethics related monitoring as needed.

Who You Are

To be held accountable for the above referenced responsibilities and perform his or her role successfully, the PWG CA should have:

A college degree in a business discipline (e.g. Finance, Economics, etc.).3 to 5 years of experience in a compliance position at a registered RIA, broker dealer or bank.A strong understanding of the Investment Advisors Act of 1940, the Investment Company Act of 1940 and applicable FINRA Conduct Rules.A working knowledge of OCC and other banking related regulations pertaining to trust companies. Broad experience with compliance systems to facilitate the development and maintenance of compliance reports.The ability to prioritize his or her responsibilities in a fast moving, dynamic environment.An entrepreneurial inclination and the ability to work alone as well as collaborate with a team.Strong interpersonal skills in order to maintain sound working relationships with support partners and front office personnel.Strong organizational skills, including the ability to prioritize and follow-up on key issues in a timely manner.Strong writing, analytical and problem-solving skills.

CROSS-FUNCTIONAL RELATIONSHIPS

Ability to work in a matrix environment.Middle and Senior Management in the U.S.Compliance officers; Line of Business Leaders; Investment Advisors and Risk Management; and Legal.

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.  

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.

JOB DIMENSIONS

Occasional travel

WORKING CONDITIONS

Hybrid (minimum of three days in office)

All postings must include the following attribute:

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*, 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

IL - 181 W Madison

Employment Type

Regular

Weekly Hours

40

Skills

Business, Business Conduct, Company Policies, Compliance Programs, Compliance Reporting, Compliance Testing, Decision Making, Regulatory Compliance, Risk Assessments, Strategic Advice