Director, Regulatory Programs

CIBC; Old Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a talented professional to lead regulatory programs within Personal Lending. This role involves investigating complex regulatory issues, providing analytical insights, and ensuring compliance with regulations. You'll have the opportunity to make a meaningful impact by working closely with executives and stakeholders to develop strategic solutions. Join a dynamic team that values your strengths and ambitions, fostering a culture of trust, teamwork, and accountability. Your contributions will not only help the organization thrive but also enhance the client experience.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Social recognition program

Qualifications

• Experience managing complex regulatory matters in Personal Lending.
• Strong analytical and problem-solving skills with excellent communication.

Responsibilities

• Lead investigations into regulatory issues impacting Personal Lending products.
• Provide strategic oversight and recommendations for regulatory compliance.

Skills

Analytical Thinking

Leadership

Problem Solving

Regulatory Issues

Lending Products

Retail Banking

Group Problem Solving

Long Term Planning

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 (https://www.cibc.com/en/about-cibc.html)

What you'll be doing

Reporting to the Senior Director of Regulatory Programs, this role is responsible for providing a leadership role in ensuring regulatory/portfolio risk is managed within CIBC's risk appetite statement, investigating complex regulatory issues stemming from existing regulations that apply to Personal Lending through deep analytical insights into key drivers of Personal Lending portfolios. Key accountabilities include leading the investigation, identifying root causes through a data driven approach, taking a strategic perspective on the sustainability of recommended solutions, and reporting/presentation of complex matters to senior executives. This role also performs a key role in consulting on complex regulatory matters related to the first, second, and third line of defense functions across all Personal Lending portfolios.

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

• Strategy and Planning – Demonstrate strong knowledge of Personal Lending products, processes, and systems, including experience in managing complex regulatory issues impacting Personal Lending products, including conducting an in-depth analysis of issues arising from existing regulatory matters, working closely with executives and their teams within key stakeholder groups to identify root causes, remediation, and potential solutions (both strategic and tactical). This includes providing oversight for key processes..

• Regulatory/Portfolio - Lead and provide direction to various team members on complex regulatory matters and ensuring Personal Lending key metrics are proactively managed by providing insights into lending portfolio dynamics. Oversee development of trends and potential options through assessing the impact of evolving changes through deep analytical insights, effectiveness and making authoritative recommendations through insights from a deep understanding of data. The role is responsible for the overall design, development and implementation of recommendations agreed to.

• People Management - Lead, motivate and coach on an on-going basis. Identify gaps and remove obstacles to performance, develop action plans to align with business priorities. Create a positive work environment and role model by championing CIBC’s mission, vision and values. Comply with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect. Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

Who you are

• You can demonstrate experience in the management of complex regulatory matters. It's an asset if you provide deep analytical insights, strategic planning, and project management sufficient to identify, develop, and implement approved initiatives on personal lending regulatory matters. You have strong analytical, and problem-solving skills, and excellent communication and presentation skills sufficient to prepare and present material to an executive audience.

• 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.

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it's the right thing to do.

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

• Values matter to you . You bring your real self to work and you live our values - trust, teamwork, and accountability.

#LI-TA

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]

• 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, 24th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business, Group Problem Solving, Leadership, Lending Products, Long Term Planning, Problem Solving, Regulatory Issues, Retail Banking

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 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.