Consultant Regulatory Operations

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

Job summary

A leading bank in Canada is seeking a Consultant in Regulatory Operations to ensure compliance in Capital Markets. The role involves leading operational controls, collaborating with stakeholders, and conducting data analysis for regulatory reporting. Ideal candidates will have 3-5 years of experience in capital markets operations and strong knowledge of regulatory requirements. This position offers a dynamic work environment with various employee benefits designed to foster growth and development.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Wellbeing support

Paid time off for personal growth

Qualifications

• 3-5 years of experience in capital markets operations or regulatory reporting.
• Strong knowledge of regulatory trade reporting requirements including SFTR, MiFID II, and EMIR.
• Experience in reconciliation processes within capital markets.

Responsibilities

• Lead operational controls related to regulatory trade reporting.
• Collaborate with stakeholders for regulatory compliance.
• Utilize advanced analytical skills for data assessment.
• Manage control deficiencies and establish resolution paths.
• Demonstrate knowledge of repurchase transactions and OTC derivatives.
• Perform reconciliations of capital markets derivatives data.

Skills

Analytical Thinking

Business Operations

Customer Service

Operations Management

Operations Support

Prioritization

Process Improvements

Technical Knowledge

Job description

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 Consultant, Regulatory Operations within the OTC Derivatives team in Capital Markets Operations at CIBC, you will play a pivotal role in ensuring robust operational controls and regulatory compliance for Capital Markets Regulatory Trade Reporting. You will provide leadership, subject matterexpertise, and oversight of control processes, while collaborating with stakeholders to drive continuous improvement and operational excellence.

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

• Operational Controls & Compliance - Lead and oversee the execution of operational controls related to regulatory trade reporting. Participate in control testing and project initiatives, with a focus on designing and implementing new controls to meet evolving regulatory requirements across multiplejurisdictions.
• Stakeholder Engagement - Collaborate with internal and external stakeholders to develop a clear product vision that aligns with regulatory requirements. Present findings, performance metrics, and recommendations to business partners and executives, ensuring transparency and accountability in regulatory reporting.
• Data Analysis & Reporting - Utilize advanced analytical skills to assess data from diverse internal and external sources,identifyinggaps and opportunities for improvement in trade reporting. Develop actionable insights to enhance data quality and compliance.
• Control Deficiency Management - Establish standards foridentifyingand quantifying control deficiencies. Develop escalation paths and track issues through to full resolution, ensuringtimelyremediation and continuous improvement.
• Product Knowledge - Demonstrate extensive knowledge of repurchase/reverse repo transactions (REPO), securities lending and borrowing (SLEB), and a broad range of OTC derivative products. Apply both theoretical and practical understanding of derivative transaction structures and underlying finance principles.
• Reconciliation - Perform reconciliations of capitalmarketsderivatives data, including trade economicsand valuations, to supportaccurateregulatory reporting. Leverage at least 2 years of experience in reconciliation processes within capital markets.

Who you are

• You have 3-5 years of relevant business experience in capitalmarketsoperations or regulatory reporting with strong knowledge of data systems, operational processes, and regulatory trade reporting requirements, including SFTR (mandatory), MiFID II, and EMIR.
• You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
• You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
• 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 create a shared vision.
• 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 [e-mail]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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, 28th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge