Senior Consultant, Regulatory Compliance Management

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

Job summary

A leading Canadian bank in Toronto seeks a Senior Consultant to support its Regulatory Compliance Management program. In this role, you will execute responsibilities such as regulatory oversight, program implementation, and training development. The ideal candidate has a strong background in compliance within financial institutions, excellent communication skills, and a collaborative approach to problem-solving. The position offers a dynamic work environment with opportunities to grow professionally.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Social recognition program

Qualifications

• Experience in audit, internal control, compliance or reporting functions in financial institutions.
• Excellent written and verbal communication skills.
• Strong problem-solving skills for complex issues.

Responsibilities

• Support regulatory oversight by analyzing regulatory requirements.
• Build relationships with Oversight Function partners.
• Analyze compliance management libraries for insights.
• Develop training materials for the RCM Program.
• Assist in designing and producing RCM reporting.
• Lead or participate in RCM strategic initiatives.

Skills

Accountability

Communication

Compliance Activities

Critical Thinking

Decision Making

Judgement

Regulatory Compliance

Regulatory Compliance Management

Risk Assessments

Strategic Objectives

Verbal Communications

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.

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

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

Accountability, Communication, Compliance Activities, Critical Thinking, Decision Making, Judgement, Regulatory Compliance, Regulatory Compliance Management, Risk Assessments, Strategic Objectives, Verbal Communications