Consultant, Risk Analytics (9 Month Fixed Term)

CIBC; Toronto; Hybrid; CAD 110,000 - 160,000; Full time

Benefits offered by this job

MomentMakers program

Employee and family assistance

Wellbeing support

Job summary

CIBC is seeking a Consultant, Risk Analytics to lead and support AML analytics initiatives within the compliance program. You will translate business needs into technical specs, develop data-driven reports, and improve transaction monitoring and sanction screening systems.

The role combines on-site and remote work (1-3 days on-site in Toronto) and requires strong SQL, data mining, and experience with SAS, R, Python. A Bachelor’s degree and ACAMS accreditation are assets.

Qualifications

• 5+ years of analytics or technical work in financial services or regulatory environments.
• Strong SQL, data mining and tuning capabilities; experience with SAS, R or Python.
• Bachelor’s degree or higher in Statistics, Economics, CS, applied mathematics or related field. ACAMS is a plus.

Responsibilities

• Lead AML analytics requests and ensure data quality for the program.
• Develop and maintain quantitative reports and analytics for monitoring systems.
• Translate business needs into technical specifications and support data quality efforts.

Skills

SQL

Data mining

Statistics

Python

R

Education

Bachelor's degree or higher

Tools

SAS

Excel

UNIX

PowerPoint

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

Reporting to the Director, the Consultant, Risk Analytics is responsible for independently leading and supporting the analytical requests of the AML compliance program and is responsible for the effectiveness of all AML data quality, accuracy and analytics. Risk Analytics and Risk Modelling is responsible for the development of analytics to measure and optimize AML and credit risk performance. The AML Analytics team supports the development of AML risk strategy to deliver CIBC’s client experience, risk management, and business growth objectives. 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

Quantitative Analytics – Lead the quantitative analytical work based on model risks, business needs and regulatory requirements while fostering a continuous improvement culture. Demonstrate considerable knowledge and analytic capabilities through the development of quantitative data analysis and data mining solutions, emphasizing the development of database driven reports and analyses. Maintain a high level of competency in statistical and analytical principles, tools and techniques. Assesses data quality and potential impacts. Technical / Data Modelling Skills – Develop rules and models that continuously improve the effectiveness of the AML transaction monitoring systems and AML Sanction screening systems. Have the ability to translate business requirements to technical specifications for technology to implement, also have the ability to review and assess technology systems relative to business requirements. You have proven experience in the management of complex technology systems and testing and implementing changes to technological systems. You will also be required to support/participate in data quality efforts and the expansion of transaction monitoring coverage to new product types. Communication & Collaboration – Manage relationships with technology partners and external vendors to ensure the systems supporting the program are operating effectively and efficiently. You have the ability to coordinate efforts within compliance teams as well as across multiple business units and possess excellent communication and interpersonal skills with the ability to interact with all levels of the organization.

Who you are

You can demonstrate minimum 5 years’ experience in in analytics or technical fields, ideally in a financial services industry, or regulatory agency or law firm involving compliance issues. SQL programming and conducting data mining, query performance and tuning. You also have a good understanding with statistical and computer software, or other analytical tools such as SAS, R, SQL, Python, Microsoft Word/Excel/Power Point, knowledge in UNIX or PC environment for modeling. You ideally have strong knowledge of: AML regulations, OFAC laws, practices and economic sanctions, which may be enhanced via accreditation by ACAMS (Association of Certified Anti-Money Laundering Specialists), or similar certification, or become certified within first year of employment. It’s an asset if you have working knowledge of Customer Due Diligence and Transaction Monitoring modules and anti-fraud or compliance systems. You have a degree/diploma in Bachelors. degree or above with emphasis in Statistics, Economics, Computer Science, Applied Mathematics, Engineering, or related quantitative fields. You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best. You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible. You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making. Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard. You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

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]. 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.

Details

Expected End Date 2027-07-31
Job Location Toronto-81 Bay, 31st Floor
Employment Type Temporary (Fixed Term)
Weekly Hours 37.5
Skills Analytics Insights, Data Extraction, Structured Query Language (SQL)

Additional Information

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.