Sr. Analyst, AML

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Pension plan

Employee share purchase plan

Wellbeing support

MomentMakers recognition

Job summary

Canadian Imperial Bank of Commerce in Toronto is seeking a Sr. Analyst, AML to provide timely advisory and oversight of regulatory compliance across the enterprise. You will liaise with businesses and access internal systems to support investigations and design risk mitigation strategies.

This role requires strong analytical skills and deep AML knowledge. This position offers a hybrid work arrangement with 1–3 days on-site.

Qualifications

• Experience with consumer regulatory/compliance requirements, policies, procedures and methodologies.
• Ability to draft strategies and provide guidance to management on resolving regulatory risks.
• Strong knowledge of Anti-money Laundering and terrorist financing frameworks.

Responsibilities

• Liaise with businesses to ensure regulatory compliance across the enterprise.
• Access internal systems to obtain information for investigations and recommended outcomes.
• Design, develop and implement AML risk mitigation strategies across the organization.
• Oversee and monitor complex regulatory compliance issues and draft corrective action plans.

Skills

Attention to detail

Regulatory compliance

Risk assessment

Relationship building

Oversight and monitoring

Communication

Critical thinking

Data analysis

Tools

Microsoft Word

Excel

PowerPoint

SharePoint

COINS

ECIF

SWIFT

PRM

PostEdge

WorldCheck

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 the AML Triage 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 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.