Sr. Analyst, AML Centre of Excellence

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

CIBC is seeking a Senior Analyst, Business Controls in Toronto to enhance risk monitoring and compliance efforts. The role involves assessing client account risks, conducting reviews, and working collaboratively with various teams to ensure regulatory adherence. Candidates should demonstrate strong analytical skills and knowledge of compliance requirements, and be passionate about making a meaningful impact.

Benefits

Competitive salary

Incentive pay

Banking benefits

Benefits program

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Recognition program

Qualifications

• Experience with CIBC internal/external regulatory risk policies.
• Ability to investigate complex problems and communicate findings.
• Strong analytical skills to identify potential risk issues.

Responsibilities

• Conduct daily and monthly trade reviews to ensure compliance.
• Liaise with CIBC departments to address client-related issues.
• Support risk management investigation and corrective actions.

Skills

Business Monitoring

Conflict Resolution

Customer Queries

Ensure Compliance

Policy Procedures

Prioritization

Retail Credit

Trade Control

Tools

Excel

ADP

TOPS

Horizon

IBM CM

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

As a member of CIBC’s team, the Senior Analyst, Business Controls is responsible for supporting the department in the delivery of effective regulatory supervision, risk monitoring, mitigation, and consulting. You will proactively analyze and recommend enhancements to existing business processes. The role applies comprehensive knowledge and skills to assess risk related to client accounts, providing risk management investigation and corrective action services based on documented procedures that support multi-segment line management. The Senior Analyst, Business Controls exercises independent judgment within defined procedures, making approval decisions based on standardized guidelines outlined in procedures. The role provides recommendations for best practices through experience and observation, for use by other team members as part of knowledge sharing to ensure consistency in approach. It also involves solving business, operational, and technical problems within the scope of your job, escalating unusual cases outside of documented procedures to management.

At CIBC, we enable an optimal work environment for you to thrive. Details on your work arrangement (proportion of on-site and remote work) will be discussed during your interview.

How you'll succeed

• Trade Reviews - Conduct daily and monthly reviews within set timelines. Review daily trades within 24 hours. Flag activities such as manipulative trading, lack of suitability, undue concentration of securities, excessive trading activity, restricted account activity, conflicts of interest, trade cancellations, high-risk trading strategies, improper employee trading, and front running. Retain evidence of reviews, queries, and responses.
• Additional Reviews - Review of PPS new account documentation & KYC, Tier 1 Trades, KYC Changes, Monthly statements, and UMIR. Perform daily reviews to ensure client holdings are appropriate based on established investment thresholds.
• Relationship Building - Liaise with internal CIBC departments such as Compliance, AML, Frontline staff, PWM, CFP, as required.

Who you are

• Experience in - CIBC internal/external regulatory risk policies, procedures, and controls. Research and analysis skills to identify potential risk issues and trends. Knowledge of ADP, TOPS, Horizon, IBM CM systems is an asset. Strong Excel skills. Current professional knowledge related to CIRO-ID and CIBC compliance requirements.
• Data Interpretation - You enjoy investigating complex problems and making sense of information. You can communicate detailed information effectively.
• Influence - You understand the importance of relationships and networks, inspiring outcomes through effective communication.
• Attention to Detail - You notice things others might miss. Your critical thinking informs your decision-making.
• Values - You bring your authentic self to work and live our values: trust, teamwork, and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We focus on your strengths and ambitions, creating opportunities for growth. We offer a competitive salary, incentive pay, banking benefits, a benefits program, a defined benefit pension plan, an employee share purchase plan, vacation, wellbeing support, and MomentMakers, our recognition program.

Our spaces and tools support innovative solutions that benefit our clients. We foster a culture where you can pursue your ambitions through initiatives like Purpose Day, a paid day off for your growth and development.

What you need to know

• CIBC is committed to an inclusive environment. If you need accommodations, contact [e-mail]

• You must be legally eligible to work at the specified location(s) and have a valid work or study permit if applicable.

• We may ask you to complete assessments or skills tests to learn more about your abilities and to help you understand more about us.

Job Location

Toronto - 81 Bay, 24th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Monitoring, Conflict Resolution, Customer Queries, Ensure Compliance, Policy Procedures, Prioritization, Retail Credit, Trade Control