Senior Analyst, Business Controls

CIBC US; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Pension plan

Employee share purchase plan

Wellbeing support

MomentMakers recognition program

Job summary

CIBC in Toronto seeks a Senior Analyst to perform compliance monitoring reviews for asset management, including mutual funds and portfolios, delivering insightful analytics within the Business Controls framework.

The role emphasizes timely, well-documented findings, collaboration with internal partners, and adherence to regulatory requirements; details on on-site and remote work will be discussed at interview.

Qualifications

• 5+ years in asset management tier-one compliance reviews.
• Ability to assess time-sensitive requests and prioritize.
• Strong documentation and report-writing skills.

Responsibilities

• Perform compliance monitoring reviews and analytics of review activities.
• Adhere to Business Controls methodologies and annual monitoring plan.
• Identify trends and risks; prepare timely reports for regulatory needs.
• Collaborate with internal and external partners to improve controls.

Skills

Asset Management Compliance

Regulatory Reporting

Controls Testing

Data Analysis

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 Senior Manager, Business Controls as the Senior Analyst, you will be responsible for performing compliance monitoring reviews as well as delivering continuous, insightful and actionable analytics of review activities to support the compliance monitoring activities. You will be part of a wider team and perform continuous reviews within times lines and standards governed by Business Controls methodologies. 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, risk assessment and due diligence of all mutual fund and other portfolios managed by CAMI including sub-advisor funds, in accordance with Business Controls’ compliance monitoring methodology and annual monitoring plan. Understanding of Asset Management Investment Compliance – Facilitate the monitoring to ensure adherence with legal and regulatory requirements, corporate policies and guidelines mutually agreed by the business and portfolio managers. Investigations – 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 and identify any new or emerging trends and/or risks. Reporting – Reporting within tight deadlines accurately produce reports to a standard required for regulatory reporting.

Who You Are

You have demonstrated experience with more than 5 years of asset management tier one compliance reviews, which are at times complex in nature. You are able to accurately assess and review time sensitive requests and prioritize your workload/tasks accordingly in a fast pace and dynamic 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 act like an owner. You thrive when you are empowered to take the lead, go above and beyond, and deliver results. You are experienced with building working relationships across Business Controls internal and external partners. You can articulate and document complex occurrences. Values matter to you. You bring your real self to work and you live our values trust, teamwork and accountability; driven by Purpose. #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] 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-141 Bay, 20th Floor Employment Type Regular Weekly Hours 37.5 Skills Controls Testing, Regulatory Compliance, Regulatory Reporting, Regulatory Requirements, Risk Management

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.