Senior Consultant, Regulatory Compliance Management

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

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Wellbeing support

MomentMakers recognition program

Job summary

CIBC is seeking a Senior Consultant for the Regulatory Compliance Management (RCM) team in Toronto. The role focuses on supporting regulatory oversight, implementing RCM processes, training, and reporting, with involvement in strategic initiatives.

You will collaborate with Oversight Functions and drive data-driven improvements across the RCM program. You should have experience in audit, internal control, or compliance within financial services, strong communication, and a detail-oriented

Qualifications

• Experience in audit, internal control, reporting, legal or compliance within a financial institution.
• Excellent written and verbal communication skills for clear, impactful reporting.
• Knowledge of regulatory/compliance policies, procedures and methodologies is an asset.
• Detail-oriented with strong analytical and problem-solving abilities.
• Ability to communicate complex information in an actionable way.

Responsibilities

• Support regulatory oversight through researching and analyzing regulatory requirements.
• Assist with RCM program processes, controls, and deficiencies identification.
• Analyze libraries and data to derive insights and improve program efficiency.
• Develop and review methodologies, guidelines, training materials and job aids.
• Design and produce RCM-related reporting and metrics.
• Lead or participate in RCM strategic initiatives and projects when assigned.

Skills

Regulatory compliance

Auditing

Internal controls

Reporting

Regulatory requirements

Data analysis

Communication

Problem solving

Cross-functional collaboration

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 Regulatory Compliance Management (RCM) team provides timely support and management of CIBC’s enterprise-wide Regulatory Compliance Management program (RCM Program). Working with the Bank’s Oversight Functions, the RCM team ensures that the regulatory compliance management program is operating effectively and efficiently across the enterprise.

Reporting to the Director, RCM, as a Senior Consultant, you will support the RCM team to execute their responsibilities under the RCM program, including performing regulatory oversight, implementing and enhancing RCM program processes, training and reporting.

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

• Regulatory Oversight - Support the regulatory oversight through activities such as researching and analyzing regulatory requirements.
• Program Implementation - Build strong relationships with Oversight Function partners and provide support with the RCM Program processes, RCM controls and deficiencies.
• Program Enhancement - Perform analysis on the current regulatory compliance management libraries and data to derive insights for opportunities to enhance and strengthen the Program, including identifying efficiency opportunities and contributing to ensuring data quality in all RCM Program systems.
• Training - Support the development and review of methodologies, guidelines, templates and training materials for the RCM Program, as well as job aids and other communications.
• Reporting - Support the Director, RCM to design and produce RCM related reporting, including developing and maintaining metrics to measure regulatory compliance risk.
• Strategic Initiatives - On occurrence, as assigned by the Director, RCM, you will lead or participate as a member in RCM strategic initiatives and projects.

Who you are

• You can demonstrate experience in the audit, internal control, reporting, legal or compliance functions of a financial institution (FI), and you have good knowledge of the business and regulatory environment applicable to FIs, particularly with respect to regulatory compliance.
• You have excellent written and verbal communication skills and possess strong problem-solving skills necessary to develop creative solutions for complex problems.
• It is an asset if you have knowledge of regulatory/compliance policies, procedures and methodologies.
• You understand that success is in the details.
• You notice things that others don't.
• Your critical thinking skills help to inform your decision making.
• 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’re driven by collective success.
• You know that collaboration can transform a good idea into a great one.
• You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
• You act like an owner.
• You thrive when you’re empowered to take the lead, go above and beyond, and deliver results.
• You live your values.
• You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

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 Details

Job Location: Toronto-81 Bay, 31st Floor

Employment Type: Regular

Weekly Hours: 37.5

Skills: Accountability, Analytical Thinking, Collaboration, Communication, Compliance Activities, Compliance Functions, Compliance Management, Compliance Policies, Compliance Reporting, Critical Thinking, Decision Making, Judgement, Process Improvements, Regulatory Compliance, Regulatory Compliance Management, Regulatory Environment, Regulatory Oversight, Regulatory Requirements, Reporting and Analysis, Risk Assessments, Risk Management, Teamwork, Verbal Communications, Writing

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.