Senior Consultant, Commercial Banking and Wealth Management Compliance

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A leading Canadian bank in Toronto is seeking a Senior Consultant for Commercial Banking Compliance. In this role, you'll provide advisory support and ensure adherence to compliance policies. You will manage risks, develop compliance controls, and maintain partnerships with internal and external stakeholders. This position offers a hybrid work model, allowing flexibility in your work arrangements, alongside competitive salary and benefits focused on employee growth and development.

Benefits

Competitive salary

Incentive pay

Defined benefit pension plan

Qualifications

• 4-5 years of progressively responsible experience in compliance or risk management.
• Knowledge of Canadian banking regulations and compliance policies.
• Strong analytical skills to assess and interpret regulatory requirements.

Responsibilities

• Provide oversight and advisory support for compliance in Commercial Banking.
• Support the enhancement of Regulatory Compliance Management activities.
• Advise on the development of compliance controls and policies.

Skills

Communication

Regulatory Compliance

Compliance Oversight

Judgement

Risk Assessments

Education

University degree in a relevant field

Tools

Microsoft Office Suite

Compliance management systems (e.g., eGRC)

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, Commercial Banking and Wealth Management Compliance, the Senior Consultant will provide oversight and advisory support for CIBC’s Commercial Banking business, ensuring adherence to the compliance policies and regulatory requirements. The role is accountable for delivering independent compliance oversight, identifying and mitigating regulatory risks, and supporting the implementation and effective operation of the Regulatory Compliance Management (RCM) framework within Commercial Banking. The Senior Consultant will proactively advise on compliance matters, facilitate the development and maintenance of robust compliance controls, and support the business in achieving regulatory expectations and protecting CIBC’s reputation.

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

• Regulatory Compliance Oversight - Provide expert advisory support to Commercial Banking on the requirements and practical application of the compliance policies detailed in the Commercial Banking Compliance Manual. Ensure ongoing alignment between business activities and compliance requirements.

• Regulatory Compliance Management (RCM) Program - Support the enhancement, implementation, and maintenance of RCM activities specific to Commercial Banking. Identify, assess, and remediate compliance risks and deficiencies, and ensure timely reporting and remediation in accordance with CIBC standards.

• Policy and Control Development - Advise on the development, review, and enhancement of compliance controls, policies, and procedures to address regulatory obligations and emerging risks within Commercial Banking.

• Change Management - Monitor regulatory developments and changes impacting Commercial Banking. Lead the assessment of impacts and support the business in implementing necessary compliance enhancements.

• Training and Awareness - Support the design and delivery of targeted compliance training and job aids to Commercial Banking staff, increasing awareness and understanding of compliance obligations and fostering a strong compliance culture.

• Continuous Improvement - Champion continuous improvement initiatives to enhance the efficiency and effectiveness of compliance processes and reporting within Commercial Banking.

• Internal Stakeholders - Build and maintain effective partnerships with Commercial Banking business units, first line of defence representatives, Legal, Operational Risk, Internal Audit, and other second line of defence functions to ensure comprehensive compliance oversight and risk management.

• External Relationships - Liaise with relevant regulatory bodies and industry groups to stay informed of evolving regulatory requirements and best practices applicable to Commercial Banking.

• Collaboration - Represent Commercial Banking and Wealth Management Compliance on cross-functional working groups and committees, contributing compliance expertise and supporting the implementation of enterprise-wide compliance initiatives.

Who you are

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

• Knowledge of Canadian banking regulations, compliance policies, and industry standards relevant to Commercial Banking.

• Knowledge of U.S., UK and European banking regulations would be an asset.

• University degree with 4-5 years of progressively responsible experience in compliance, risk management, or a related field, preferably within commercial banking.

• Keen sense of curiosity to learn and understand best practices and industry trends.

• Demonstrated ability to provide practical, risk-based compliance advice to business partners, translating regulatory requirements into actionable business processes.

• Strong analytical skills to assess compliance risks, interpret regulatory requirements, and develop effective solutions.

• Excellent written and verbal communication skills, with the ability to deliver clear compliance guidance and foster collaborative relationships across business and risk functions.

• Proven ability to lead and manage cross-functional projects, prioritize competing deliverables, and drive continuous improvement.

• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), and familiarity with compliance management systems (e.g., eGRC).

#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-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Communication, Compliance Activities, Compliance Oversight, Judgement, Regulatory Compliance, Regulatory Requirements, Risk Assessments, Strategic Objectives