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
In support of CIBC’s core purpose: to make our clients’ ambitions a reality, Risk Management is accountable for the independent oversight of risk management inherent to CIBC’s transactions and activities. These risks include but are not limited to ensuring effective processes are in place for the identification, management, measurement, monitoring and control of operational, reputation and legal, strategic, market, credit, investment and liquidity risk, collectively “CIBC Risk”, incurred by CIBC’s businesses, functional and corporate governance groups.
US Compliance delivers on the global Compliance mandate by providing timely, proactive advice and independent second line oversight to the US Capital Markets, US Commercial Banking and Wealth Management 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 for a modern world.
The Compliance Advisor will be instrumental in supporting the execution of the CIBC Bank USA and CIBC Inc.’s Compliance Risk Management program with a focus on consumer deposit, lending and credit-related laws and regulations. This role is responsible for providing compliance support and oversight to lines of business and operational areas and ensuring policies and procedures are maintained at a level commensurate with the Bank’s risk appetite.
KEY ACCOUNTABILITIES
Stay abreast of relevant banking laws and regulations and industry trends applicable to CIBC Bank USA and CIBC Inc.Analyze regulatory developments and collaborate with first line of defense to assess the impactAssist with implementation of applicable regulatory changes across various lines of business and operational areasEvaluate business policies, procedures, and controls to identify compliance risks and work with impacted areas to develop corrective actions, if applicableProvide guidance to first line of defense on regulatory interpretation of consumer protection laws and regulation and advise, as necessary, actions to ensure compliance.Conduct research to support client complaints related to potential regulatory concernsPerform ongoing monitoring of certain regulations that apply to the line of businessCollaborate with the lines of business to support completion of the annual risk assessment process, including completion of key and non-key control inventorySupport management reporting to various oversight committeesPerform other duties as assigned or requestedKNOWLEDGE AND SKILLS
Five to seven years’ experience in regulatory compliance with a focus on consumer protection laws and regulations in the banking industryWorking knowledge of consumer protection laws and regulationsExcellent communication and organizational skills with the ability to work independently and as a part of a teamStrong research, analysis, problem-solving, and decision-making skillsAbility to manage workload and shift priorities to meet deadlines in a dynamic and rapidly-changing environmentAdvanced Excel, Word, and PowerPoint skills.CRCM designation a plusValues matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.California residents — your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $95,000 - $117,000 for the 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 may also 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.
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-70 W Madison St, 10th FlEmployment Type
RegularWeekly Hours
40Skills
Compliance Reporting, Compliance Testing, Decision Making, Regulatory Compliance, Risk Assessments, Strategic Advice