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

Compliance & Global Regulatory Affairs (Compliance & GRA) assists our Bank in developing and executing a robust and proactive regulatory compliance and regulatory affairs strategy, and effectively managing regulatory risk.  The Compliance and EAML Examination Program (CEEP) team, is a group within the Compliance Department, and consists of several multi-skilled examination teams, including the Wealth Compliance Examination team. The team provides independent oversight of compliance with Investment Fund Manager, Portfolio Manager, Investment Dealer and Mutual Fund Dealer laws and regulations applicable to CIBC. The team is also responsible for monitoring, advising and reporting on adherence to regulatory and business requirements, CIBC corporate policies, best practices and acceptable standards of business ethics and conduct.

Reporting to the Director, Wealth Compliance, the Senior Compliance Officer will be responsible for leading complex exams focusing on CIBC’s Asset Management, and Canadian Investment Regulatory Organization (“CIRO”) Investment Dealer and Mutual Fund Dealer activities.  This includes opining on the design adequacy and operating effectiveness of processes and controls designed to mitigate regulatory and operational risk.  Furthermore, you will be responsible for evaluating the design and operating effectiveness of action plans developed by the Lines of Business (LoB) to remediate deficiencies.

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

Regulatory Oversight:  You stay informed  of any upcoming changes in the Wealth Management industry, including those affecting Investment Fund Managers, Portfolio Managers, Investment Dealers and Mutual Fund Dealers.  This includes, but is not limited to, developments related to the Canadian Securities Administrators’ (“CSA”) National Instruments and CIRO rules and regulations.  Furthermore, you act as a subject matter expert responding to questions from the LoBs and team regarding regulations, best practices and internal policies and procedures.Strong Communication and Interpersonal Skills: Effectively communicate and discuss compliance findings with internal partners which include subject matter experts from Compliance, Governance and Controls, Legal, Risk Management, Portfolio Management, Trading, Product Development, Marketing, Regulatory Reporting, and Operations.Lead Examinations: You will lead high quality, thorough and timely execution of Wealth  Compliance examinations. You will have a thorough understanding of CIBC Asset Management Inc.’s (“CAMI”) Investment Fund Manager and Portfolio Manager operations and regulatory requirements applicable to their activities.  Additionally, you will have a thorough understanding of the operations and regulatory requirements applicable to CIBC’s Investment Dealer and Mutual Fund Dealer activities (i.e. CIBC Wood Gundy, CIBC Imperial Investor Services, CIBC Investor’s Edge, and CIBC Securities Inc.).  You will use your well-developed examinations skills to evaluate the effectiveness of processes and controls and identify and recommend areas for improvement.Relationship Building: You will build and maintain positive working relationships with the LoBs, including Wealth , Governance,  Legal, Risk, and Compliance partners and help them develop and implement an appropriate regulatory compliance culture including processes and controls that are effective and cost-efficient that help achieve business objectives.Strong Leadership – You provide strong leadership to the team by  sharing your  knowledge and experiences and helping implement changes to strengthen the Compliance Testing Program.  You provide a safe environment in which different opinions are welcomed.

Who you are

You have completed a relevant undergraduate degree and studying towards relevant professional designations such as CFA, FRM, CIA and want to get a unique exposure to wealth management through the regulatory compliance perspective. You have academic knowledge of wealth management and you are looking to apply it. You have wealth compliance examination or audit experienceIt’s an asset ifIf you have completed the Canadian Securities Course, and Conduct and Practices Handbook Course from the Canadian Securities Institute. You can demonstrate experience in analyzing and understanding regulations, policies and procedures, and apply critical and strategic thinking to address issues and recommend value-added solutions.You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.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*, 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

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, French proficiency, 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

Toronto-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Quality Assurance Review, Quality Investigations, Regulatory Compliance, Regulatory Requirements, Risk Assessments, Strategic Objectives