Sr. Analyst, HREDD

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

Join a leading financial institution as a Sr. Analyst in the Anti-money Laundering team, responsible for providing advice and oversight on compliance with regulations. This role involves liaising across the organization to ensure effective compliance strategies and mitigate risks. Candidates should have experience in regulatory frameworks and a strong analytical skill set, along with proficiency in Microsoft Office tools.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition program

Career development opportunities

Qualifications

• Experience in consumer related regulatory compliance requirements and methodologies.
• Knowledge of Anti-Money Laundering and financing frameworks.
• Excellent proficiency with Microsoft Office suite.

Responsibilities

• Research and identify changes in laws and regulations affecting compliance requirements.
• Liaise with businesses to establish a compliance culture and monitor effectiveness.
• Consult and oversee resolution of regulatory compliance issues.

Skills

Anti-Money Laundering (AML)

Client Service

Risk Management

Reporting and Analysis

Microsoft Excel

Operations Management

Risk Assessments

Business Improvement

Education

Bachelor's degree in Finance, Business, or related field

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 Financial Intelligence Unit (FIU), High Risk Enhanced Due Diligence (HREDD) team. You’ll provide timely and proactive advice and independent oversight of CIBC’s compliance with applicable regulatory requirements. As the Sr. Analyst, Anti-money Laundering (AML) HREDD 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.

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]

• 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, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

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