Sr. AML Analyst, Sanctions

CIBC; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Defined benefit pension plan

Employee share purchase plan

Wellbeing support

MomentMakers recognition program

Job summary

CIBC in Toronto is seeking a Sr. Analyst, AML to provide timely advisory and independent oversight of regulatory compliance, liaising with businesses across the enterprise to obtain documentation for investigations.

You will help design and implement strategies to mitigate AML risks using financial intelligence gathered from internal and external sources.

The role offers a hybrid work arrangement with 1-3 days on-site, while other days will be remote to support collaboration and flexibility.

Qualifications

• Experience in consumer regulatory/compliance requirements
• Knowledge of Anti-money Laundering (AML) and terrorist financing framework
• Experience dealing with a wide variety of payments and transactions
• Proficient with Microsoft Word/Excel/PowerPoint/SharePoint

Responsibilities

• Provide timely and proactive AML advisory and independent oversight of regulatory compliance
• Liaise with businesses across the enterprise to obtain supporting information for investigations
• Design, development and implementation of strategies to mitigate AML risks enterprise-wide

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

You’ll be joining CIBC EAML Sanctions team. You’ll provide timely and proactive advice and independent oversight of CIBC’s compliance with applicable regulatory requirements. As the Sr. Analyst, AML you’ll be responsible for liaising with businesses across the enterprise and accessing various internal systems, in order to obtain supporting information and/or documentation in order to support your recommended investigation outcome. You’ll assist in the design, development, and implementation of strategies to mitigate AML risks, enterprise-wide based on the financial intelligence gathered through internal and external sources.

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

• Attention to detail - Research new and pending laws, regulations and industry commitments ensuring that relevant issues and organizational risks are identified. Provide timely and ongoing identification, risk assessment, and communication of changing regulatory requirements.
• Relationship building - Work with business management to establish an appropriate regulatory compliance culture and help the business to ensure that compliance risk and control processes are effective and cost-efficient.
• Oversight and monitoring - Consult, oversee and monitor resolution of complex or contentious regulatory compliance issues. Draft action plans to address non-compliance issues and provide recommendations.

Who You Are

• You can demonstrate experience in consumer related regulatory/compliance requirements, policies, procedures and methodologies, sufficient to draft strategies and provide advice to business management in resolving regulatory compliance risks and issues. Knowledge of Anti-money Laundering and terrorist financing framework. You can also demonstrate experience in dealing with a wide variety of payments types and transactions types. You have excellent proficiency with computer software such as Microsoft Word/ Excel/ PowerPoint/ SharePoint. It’s an asset if you have systems/application knowledge of COINS, ECIF, SWIFT, PRM, PostEdge, WorldCheck etc.
• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.
• You know that details matter. 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 communicate detailed information in a meaningful way.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• 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, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Anti-Money Laundering (AML), Business Improvement, Client Service, Operations Management, Reporting and Analysis, Risk Assessments, Risk Management