Consultant, Business Controls (9 months - Fixed Term)

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading Canadian financial institution is seeking a Consultant, Business Controls, responsible for assessing risk and ensuring compliance with regulatory requirements. The role requires strong analytical skills, a background in finance, and the ability to collaborate with diverse stakeholders. Ideal candidates have experience in asset management compliance and demonstrate the bank’s core values of trust, teamwork, and accountability. This position is temporary and based in Toronto.

Benefits

Competitive compensation

Banking benefits

Wellbeing support

Employee and family assistance programs

Qualifications

• 2+ years of asset management compliance reviews or related experiences.
• Working knowledge of financial markets and asset classes.
• Ability to prioritize workload in a fast-paced environment.
• Independent and critical thinker with strong communication skills.
• Ability to document complex occurrences clearly.
• Values trust, teamwork, and accountability.

Responsibilities

• Assess risk and provide risk management investigation services.
• Conduct compliance monitoring and controls testing.
• Investigate and analyze compliance issues.
• Collaborate with stakeholders to discuss compliance practices.
• Monitor adherence to regulatory requirements.

Skills

Business Controlling

Client Service

Compliance Monitoring

Regulatory Requirements

Risk Management Assessment

Work Collaboratively

Education

University degree in Accounting, Finance, or Business

Job description

Overview

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

As a member of CIBC’s team, the Consultant, Business Controls is responsible for effectively assessing risk and providing risk management investigation and corrective action services that support multi-segment line management in alignment with regulatory requirements. The role leverages advanced understanding of high-risk processes across all segments, utilizing strong problem-solving skills to investigate, analyze, and deliver informed recommendations on compliance issues, operational controls, risk assessment, and control activities. The Consultant, Business Controls exercises independent judgment in determining work methods and approaches, and collaborates with internal and external stakeholders to exchange, verify, and discuss information and best practices. Serving as a resource integrator for their area, the role independently documents research findings, analyses, and calculations, and develops models, detailed plans, reports, and conclusions to support decision-making processes.

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

• Compliance – tier one investment compliance monitoring, controls testing and design, risk assessment and due diligence of all mutual fund and other portfolios managed by CAMI including sub-advisor funds (including a supervisory review of Institutional Marketing Materials prior to dissemination and provide training to the various line of business), in accordance with regulatory requirements, Business Controls’ compliance monitoring methodology, risk rating and the annual monitoring plan.

• Investigations – to assess whether adequate key controls are in place and operating effectively. Expected to complete and document on a timely basis the results of reviews and tests that will be used to assist the Business Controls team on an ongoing basis; assess significant changes at an early stage, identify any new or emerging trends and/or risks, and discuss / propose recommendations to enhance operational processes controls; seek resolution and implementation of an action plan to address the highlighted observation.

• Understanding of Asset Management Investment Compliance – will facilitate the monitoring to ensure adherence with legal and regulatory requirements, corporate policies and guidelines mutually agreed by the business and portfolio managers.

• Oversight: Ongoing monitoring of CIBC’s policy and regulators requirements related to Social Media and Email surveillance to ensure that our brand, reputation, clients, and information are protected and that standards of professionalism, honesty, and integrity are maintained.

• Standards Diligence: Ongoing monitoring with CIBC’s applicable Regulatory Requirements related to the prevention of Bribery and Corruption; the Gift and Entertainment monitoring tool supports one of the components set out CIBC’s Anti-Bribery and Anti-Corruption (ABAC) Policy.

• Share your knowledge and assist team members with their reviews and help to implement changes as required to strengthen the processes. Ensure that the working files are documented clearly for other internal and external compliance teams to understand and rely upon consultation.

Who you are

• You have a university degree in Accounting, Finance, or Business, with demonstrated experience of two plus years of asset management compliance reviews, or related experiences.

• You have working knowledge of different financial markets, asset classes, National Instrument 81-102, National Instrument 31-103 and National Instrument 81-107 and relevant OSC Staff Notices such as CSA Staff Notice 31-325.

• You are able to accurately assess, within a strict timeline and often competing time lines, sensitive requests and prioritize your workload/tasks accordingly in a fast paced and pressured environment.

• You understand that success is in the details. You notice things that others do not. You are an independent and critical thinker, whose demonstrated skills allow for informed decisions, evaluations and proposals. Connect various subject matters with ease.

• You have exceptional communication and inter-personal skills which will allow you to build working relationships across Business Controls internal and external stakeholders at all times by demonstrating CIBC Core Values of Trust, Teamwork and Accountability.

• Y ou can clearly document complex occurrences in a report.

• 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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 [e-mail]

• 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.

Expected End Date

2026-07-31

Job Location

Toronto-161 Bay St, 23rd Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively