Senior Regulatory Compliance Examiner

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

Compliance & Global Regulatory Affairs (Compliance & GRA) assists our Bank in developing and executing a robust and proactive regulatory compliance and regulatory affairs strategy, and effectively managing regulatory risk. The Compliance and EAML Examination Program (CEEP) team, is a group within the Compliance Department, and consists of several multi-skilled examination teams, including the Wealth Management, Asset Management and Capital Markets Compliance Examination teams, which are responsible to execute regulatory compliance examinations for units globally across the Bank, amongst other LOBs, with the objective to independently assess the design and operating effectiveness of the unit’s processes and controls to satisfy regulatory requirements as defined by the various regulators.

Reporting to the Senior Director, Compliance and EAML Examinations Program, the Senior Regulatory Compliance Examiner is responsible to manage and execute wealth management, asset management and capital markets examinations and ensure adequate planning, fieldwork and reporting of results as per internal methodology, standards and procedures, and assist team members as required with the execution of their examinations. The Senior Regulatory Compliance Examiner will have a strong understanding of applicable regulatory requirements as well as knowledge of CIBC lines of business, Governance Groups and Compliance. In addition to working on the wealth management, asset management and capital markets portfolio, the Senior Regulatory Compliance Examiner will be required to support other examination portfolios within the broader CEEP team, as the needs arise.

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

• Regulatory Oversight – Be aware of any upcoming regulatory developments/changes which may impact the noted lines of business. Act as a subject matter expert responding to questions from the business and team regarding regulations, examinations best practices and internal policies and procedures.
• Strong Communication and Interpersonal Skills –Exhibit strong verbal and written communication skills. Has the ability to communicate effectively with different lines of business to obtain clarification of processes and controls, to explain requirements and regulations and to provide the results of the examination, including issuance of deficiencies and observations.
• Lead Examinations – You will lead high quality, thorough and timely execution of compliance examinations. You will use your well-developed examinations skills to evaluate the adherence of lines of business to compliance requirements, as well as identify and recommend areas for improvement.
• Relationship Building – You will establish and maintain positive working relationships with CIBC LOBs, Governance Groups, and Compliance partners and help develop and implement an appropriate regulatory compliance culture, compliance risk and control processes that are effective, cost-efficient that help achieve business objectives.
• Strong Teamwork – Share your knowledge and assist team members with their examinations, and help to implement changes as required to strengthen the Compliance Testing Program.   Provide a safe environment in which different opinions are welcomed.

Who you are

• You can demonstrate working experience leading examinations/audits or compliance reviews.
• You have a University Degree/College Diploma or equivalent work experience with a minimum of 3 years’ experience within the compliance/audit industry. It is an asset if you have a CPA, CIA, CFA or other relevant designation or certification.
• You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow for the programs and the Team. You proactively seek new opportunities to define what's possible.
• 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.
• 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 [email protected]

• 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

Compliance Activities, Judgement, Quality Assurance Review, Quality Investigations, Regulatory Compliance, Regulatory Requirements, Regulatory Risk, Risk Assessments, Strategic Objectives