Manager, EAML Examination

CIBC; Toronto; On-site; CAD 110,000 - 140,000; Full time

Benefits offered by this job

Hybrid work arrangement

Competitive compensation

Employee share purchase plan

Pension plan

Wellbeing support

Job summary

CIBC is seeking a Manager, EAML Examinations to lead AML/ATF and sanctions examinations across business lines. You will ensure adherence to external regulations and internal policies, while managing teams and engaging with governance partners. A university degree and relevant accreditation are expected.

You will operate in a hybrid environment, with 1-3 days on-site and the rest remote, driving process improvements and risk mitigation across the EAML program.

Qualifications

• University degree or equivalent work experience in finance, compliance or audit.
• minimum three years in financial services compliance or audit.
• ACAMS/ACFCS/CPA/CIA accreditation preferred.

Responsibilities

• Plan and conduct AML/ATF and sanctions examinations.
• Assess design and operating effectiveness of controls.
• Prepare comprehensive examination reports with findings and remediation actions.
• Lead examinations and collaborate with LOBs, Internal Audit and governance partners.
• Maintain up-to-date knowledge of AML/ATF regulations and FINTRAC directives.

Skills

AML/ATF compliance

Sanctions knowledge

Regulatory compliance

Leadership

Communication

Data analysis

Risk management

Interpersonal skills

Education

University degree

College diploma

ACAMS

ACFCS

CPA

CIA

Tools

None

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

The Compliance and EAML Examination Program (CEEP) team is a specialized group within the Compliance Department, comprising several multi-skilled examination teams, including the Enterprise Anti-Money Laundering (EAML) Examination team. This team is responsible for executing compliance examinations across various Lines of Business (LOBs), with the objective of independently assessing the design and operating effectiveness of management’s control environment and adherence to regulatory requirements, such as those outlined in the Proceeds of Crime (Money Laundering and Terrorist Financing Act (PCMLTFA) and its associated Regulations (PCMLTFR). As the Manager, EAML Examinations, reporting to the Director, EAML Examinations, you will be responsible for conducting compliance testing of CIBC businesses and activities in accordance with the CEEP methodology. Your role will ensure adherence to CIBC’s Anti-Money Laundering, Anti-Terrorist Financing, and Sanctions Policy requirements, associated standards and guidelines, relevant sections of applicable laws and regulations, and any directives issued by FINTRAC or other regulatory bodies. The Manager, EAML Examinations will possess a strong understanding of regulatory requirements, as well as knowledge of CIBC’s lines of business, Governance Groups, and Oversight Functions.

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

Execute AML/ATF and Sanctions Examinations - Plan and conduct examinations to evaluate the effectiveness of processes, controls and compliance with regulatory requirements.

Teamwork and collaboration - Share your expertise and support team members with their examinations; contribute to enhancements that strengthen the EAML Testing Program.

Promote an environment where diverse opinions are valued.

Communication and interpersonal skills - Demonstrate strong verbal and written communication abilities. Effectively engage with various lines of business regarding AML/ATF and Sanctions requirements and communicate examination results clearly.

Relationship Building - Establish and maintain positive working relationships with LOBs, Advisory partners, Internal Audit, and other Governance partners during examinations. You understand the importance of building and maintaining relationships for success. You inspire outcomes by making your voice heard and constructively challenging the status quo. You excel when empowered to lead, take initiative, and deliver results.

Reporting - Prepare and submit comprehensive reports to the LOB examined, detailing findings, ratings, and recommended remedial actions to address identified issues.

Who you are

Experienced Professional. You have demonstrated experience leading examinations, audits, or compliance reviews. Proficiency in AML/ATF and Sanctions-related legislation and regulations is required. Experience with testing AML/ATF controls and methodologies is highly advantageous.

Educational Background. You hold a University Degree, College Diploma, or equivalent work experience, with a minimum of three years in the financial, compliance, or audit industry.

Certified Professional. You maintain current accreditation and good standing with ACAMS, ACFCS, CPA, or CIA.

Data-Driven. You enjoy investigating complex problems and are confident in communicating detailed information effectively, including through data analysis. You apply critical thinking and reasoned judgment to reach sound conclusions.

Change Champion. You continuously evolve your approach and embrace new ways of working to deliver your best.

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, 31st Floor Employment Type Regular Weekly Hours 37.5 Skills Accountability, Analytical Thinking, Anti-Money Laundering (AML), Communication, Leadership, Operational Efficiency, Oral Communications, Regulatory Compliance, Risk Management, Risk Management and Mitigation, Written Communication

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.