Senior Consultant, Regulatory Compliance Management and Strategic Initiatives-2

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading Canadian financial institution is seeking a Senior Consultant Regulatory Compliance Management in Toronto. This role involves leading compliance processes, managing deficiencies, and supporting strategic initiatives across banking functions. Candidates should have strong regulatory compliance experience, critical thinking skills, and a relevant degree. The position allows a hybrid work schedule, promoting flexibility in work activities.

Benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering and wellbeing support

Qualifications

• Experience in regulatory requirements for RCM programs.
• Knowledge of CIBC lines of business products and operations.
• Demonstrated strong critical thinking skills.

Responsibilities

• Lead the enhancement and maintenance of CBWMC's RCM Library.
• Manage CBWMC's deficiencies portfolio and reporting.
• Support regulatory initiatives affecting multiple pillars.

Skills

Regulatory Compliance

Risk Assessments

Project Management

Education

Degree in Business, Economics, Finance or related field

Tools

Data Management

Business Analysis

Visio

Job description

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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

As the Senior Consultant Regulatory Compliance Management & Strategic Initiatives you will be responsible for building enhancing and leading cross-team processes for effectively managing and overseeing Commercial Banking and Wealth Management Compliance (CBWMC)s Regulatory Compliance Management (RCM) activities ensuring consistent compliance with CIBCs RCM policies and guidance and helping to identify and remediate potential regulatory compliance risks across all CBWMC pillars. You will be primarily accountable for supporting the entire CBWMC team in relation to CIBCs RCM program to ensure CBWMC and the businesses we support effectively anticipate regulatory risks and meet or exceed the expectations of our clients shareholders and regulators.

At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 1-3 days per week on-site while other days will be remote.

How youll succeed

• RCM Program Management Lead the enhancement and ongoing maintenance of CBWMCs RCM Library including existing and new Regulatory Group Topics and identification of enhancement opportunities for mitigants. Design implement and lead a comprehensive program for RCM oversight of CIBCs market-linked investment products (e.g. Market-Linked GICs and Principal Protected Notes). Lead the phased implementation of significantly enhanced RCM requirements mandated by Enterprise-Wide Compliance (EWC).
• Deficiency Management Lead the management of CBWMCs deficiencies portfolio identify RCM and other deficiencies develop strong action plans to remediate open issues provide regular reporting to CGRA senior management and ensure the effective remediation of deficiencies. Conduct periodic analysis on CBWMC RCM deficiencies to identify insights trends potential issues and related opportunities to enhance and strengthen regulatory compliance oversight.
• Collaboration & Stakeholder Management Support CBWMCs registered Chief Compliance Officers (CCOs) in executing their RCM accountabilities ensuring consistent practices and standards across CBWMCs various businesses. Partner closely with EWC Compliance & EAML Examinations (CEEP) other CGRA teams and other key stakeholders to proactively assess the adequacy of CBWMCs RCM activities and implement best practices. Manage CBWMCs Change Initiative Risk Assessment (CIRA) process ensuring engagement of CBWMC team members. Representing CBWMC on certain CIRA committees.
• Lead Strategic Initiatives Lead CBWMCs support of regulatory initiatives impacting multiple pillars of CBWMC representing CBWMC on project working groups and collaborating with relevant team members. Assist the VP Compliance and registered CCOs with periodic reporting to senior management ensuring consistent cross-CBWMC standards and messaging and identifying potential cross-pillar risks.
• Oversee Continuous Improvement Initiatives Implement and oversee continuous improvement initiatives to enhance efficiency and effectiveness in CBWMCs RCM reporting and monitoring activities. Monitor changes in relevant laws regulations and industry standards impacting CBWMC and implement resulting RCM enhancements. Design and deliver a program including periodic training to strengthen CBWMCs RCM culture and to increase capabilities for all members of the team.

Who you are

• You can demonstrate experience. In regulatory requirements for RCM programs with experience in regulatory compliance and knowledge of regulatory requirements applicable to one or more of the retail securities asset management and commercial banking businesses.
• You can demonstrate knowledge. Knowledge and understanding of CIBC lines of business products and operations to effectively provide oversight of high quality business standards and business conduct.
• You have a degree. In Business Economics Commerce Financial Risk and / or related field.
• You know that details matter. You notice things that others dont. 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 communicate detailed information in a meaningful way.
• You act like an owner. You thrive when youre empowered to take initiative go above and beyond and deliver results.
• Youre 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 love to learn. Youre passionate about growing your knowledge. You have a strong sense of curiosity.
• 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 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.
• Subject to plan and program terms and conditions

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.

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

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 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Quality Assurance Review Quality Investigations Regulatory Compliance Regulatory Requirements Risk Assessments Strategic Objectives

Required Experience :

Senior IC

Key Skills

Project Management Methodology,Project / Program Management,Change Management,Order Management System,Business Analysis,Visio,Data Management,Project Management,Metadata,Management Consulting,Data Analysis Skills,Taxonomy

Experience : years

Vacancy : 1