Senior Consultant, AML Control and Regulatory Program (6 Month Contract)

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 85,000 - 110,000; Full time

Job summary

A leading bank in Toronto is seeking a Senior Consultant for their AML Control and Regulatory Program. This role involves managing internal controls, regulatory compliance, and collaborating with teams to ensure documentation accuracy. The ideal candidate will have a strong knowledge of Canadian AML laws and experience in risk management. CIBC offers a hybrid work environment and values personal growth and inclusivity.

Benefits

Competitive compensation

Banking benefit

Wellbeing support

Employee assistance programs

Qualifications

• Knowledge of Canadian AML/ATF & Sanctions laws and regulations.
• Experience in establishing a strong controls environment.

Responsibilities

• Identify, document, and map controls for AML/ATF & Sanctions program.
• Provide oversight and counsel on Business Unit owned AML/ATF controls.

Skills

Analytical Thinking

Anti-Money Laundering (AML)

Risk Management

People Management

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 Senior Consultant, AML Control and Regulatory Program is responsible for the effective identification, documentation and mapping of controls performed in EAML to support CIBCs global AML/ATF & Sanctions program.

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

• Internal controls management – Review procedures to identify documented controls and confirm accuracy of documentation; perform walkthroughs with subject matter experts and identify processes and controls in place to meet regulatory requirements; confirm that controls are identified and documented to meet relevant regulatory requirements within the jurisdiction; perform mapping of the controls to the regulatory requirements and the specific business units who rely on the controls.

• Regulatory library management – Support the mapping of controls to the regulatory requirements; ensure requirements are in appropriate Risk Group Topics (RGTs) and mapping of requirements and controls to business units are complete.

• Collaboration – Working within a team, develop a detailed plan to ensure all functional areas of EAML across all regions are reviewed and timelines are met to update documentation.

• Oversight and counsel - Provide oversight and counsel on identification and documentation of Business Unit owned AML/ATF & Sanctions Controls.

• Management reporting - Report regularly to senior management on the progress, raising risks timely and effectively.

Who you are

• You have a working knowledge of Canadian AML/ATF & Sanctions laws and regulations.

• You have experience in establishing a strong controls environment, including designing and assessing the effectiveness of controls. You have sound knowledge of risk management principles and the factors that contribute to risk, with the ability to assess, measure and monitor risk within CIBC guidelines.

• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

• You act like an owner. You thrive when you're empowered to take initiative, 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 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]

• 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, 29th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Analytical Thinking, Anti-Money Laundering (AML), Anti-Money Laundering Compliance, Controls Testing, Counter-Terrorism, Design Controls, Financial Transactions, Internal Control Design, Internal Control Testing, Operational Efficiency, People Management, Risk Assessments, Risk Management and Mitigation, Sanctions Compliance, Test of Controls