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

Reporting to the Director, Fund & Distribution Governance, the Senior Manager, Fund & Distribution Governance – Sales Practices, is responsible for ensuring CAM complies with the requirements outlined in National Instrument 81-105 (NI81-105).  This is accomplished through the review of expense reports and ad-hoc requests for sponsorships and business development events.

At CIBC we enable the work environment most optimal for you to thrive in your role. 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

Governance - Maintaining a robust Sales Practice monitoring and reporting program. Daily monitoring of CAM Expense Reports and ad-hoc requests. Quarterly and Annual Reviews (Stress Tests). Additionally, you will assist in various Reviews and Audits of CAM, either internal to CIBC or from external regulators

Relationship building – Support the CAM Sales Team by providing guidance on how best to meet their Sales Practices requirements, which also includes identifying operational efficiencies and work simplification wherever possible. You will provide guidance for any potential risk or compliance issue pertaining to Sales Practices, identified during monitoring activities and escalate to CAM Senior Management and/or WM Compliance when warranted.

Act as Records Coordinator – Fulfill the role of Records Coordinator for the CAM F&DG Team.

Support the overall F&DG team – Act as a backup to the Senior Manager F&DG for some of their duties, in the event of absences due to vacation, peak periods, etc.

Providing expert knowledge of CIBC’s stated governance and regulatory control- Act as subject matter expert for Sales Practices and provide consistent and relevant knowledge pertaining to CAM’s regulatory controls and governance: Provide guidance for any risk and compliance issues raised and Build and maintain knowledge of all securities legislation and other rules affecting Sales Practices in the mutual fund industry

Ensuring operational efficiencies are identified and considered for implementation- Participate in developing new controls, or updating existing controls including executing action plans and implementation of controls.  Additionally, you will make recommendations for operational improvements and/or changes that allow CAM to comply with CIBC and CAM policies and procedures as well as enhance the efficiency and effectiveness of operational controls

Who you are

You have experience in the Canadian Mutual Fund industry and the regulatory framework in which it operates. While the role has a clear focus on NI81-105, you can demonstrate knowledge of the various regulatory bodies governing the creation and distribution of MF in Canada (OSC, CIRO, AMF). As well as an understanding of the various distribution channels currently offering CAM products

You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life

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

You're fluent in French and English to support business operations outside of Quebec, Canada

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-161 Bay St., 22nd

Employment Type

Regular

Weekly Hours

37.5

Skills

Accountability, Controls Testing, Employee Relationships, Mutual Funds, Process Streamlining, Regulatory Compliance, Regulatory Controls, Risk Management, Risk Management and Mitigation, Sales Practices