Risk Management is accountable on matters relating to the independent oversight of the management of risks inherent to CIBC’s activities. These risks include, but are not limited to, ensuring that effective processes are in place for the identification, management, measurement, monitoring and control of operational, regulatory, reputation and legal, strategic, market, credit, investment and liquidity risk, collectively “CIBC Risk”, incurred by CIBC’s retail and wholesale businesses, infrastructure and corporate governance groups.

The Compliance Department provides timely and proactive advice and independent oversight of CIBC’s compliance with applicable regulatory requirements. Together with the businesses, the Compliance Department works to manage and mitigate regulatory risk.

Reporting to the Senior Director, Deposits and Investments, the Director provides specialized expertise, advice, strategy, and independent monitoring and oversight regarding regulatory compliance with market conduct obligations primarily involving retail deposit products (including bank accounts, GICs, other investment products; both registered and non-registered, debit cards and overdraft) for Simplii Financial. Additional accountabilities may include oversight of various other sundry products/services offered by Simplii Financial and in providing assistance to the Senior Director with other oversight responsibilities under the portfolio. The incumbent may also provide coverage for the Senior Director during periods of absence.

At CIBC we enable the workenvironment most optimal for youto thrive in your role. Youll havethe flexibility to manage your workactivities within a hybrid workarrangement where youll spend1-3 days per week on-site, whileother days will be remote.

How you’ll succeed

• Compliance Oversight 60 You will lead the assessment of development and introduction of new products, services and business initiatives; advising on mitigating controls (including policies/procedures) necessary to address regulatory risks; timely and on-going identification, risk assessment and communication of changing regulatory requirements; effective and timely discussion, escalation and reporting of regulatory compliance risks and issues; establishing an appropriate regulatory compliance culture and supporting the business in achieving its strategic objectives while ensuring effective management of regulatory compliance risk and control processes.

• Regulatory Oversight 60 You will analyze new and pending laws, regulations and industry commitments that affect areas of responsibility ensuring that relevant issues and organizational risks are identified and raised for consideration by management in formulation and revision of policies, procedures and other control measures for regulatory compliance. You will also provide advice, recommendations and assistance in developing policies, procedures, training, and communications to ensure compliance.

• Issues Resolution Management 60 You will oversee or monitor the satisfactory resolution of complex, contentious or sensitive regulatory compliance issues, with significant product or business line implications, such as implementation of new client disclosure requirements, action plans to address a procedural non-compliance issue identified by external regulators, actions to address regulatory compliance control deficiencies, etc. Ensure that all significant compliance issues, such as deficiencies or regulatory risks (including Regulatory Compliance Issues (RCIs)) are reported to the Senior Director, the VP Compliance, the regulator, the Chief Compliance Officer and senior management, as appropriate.

Who you are

• You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.

• Your influence makes an impact.You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

• Youre driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

• You can demonstrate experience inCIBCs and Simplii Financial organizational structure, and organizational initiatives within your assigned business area(s), including new products, technologies and applications as well as their implications in order to ensure that the business is in conformity with all applicable laws, regulations and internal procedures.

• Its an asset ifyou have knowledge of regulatory/compliance policies, procedures and methodologies sufficient to draft strategies and provide leadership in resolving regulatory compliance issues or experience in Audit, Internal Control, Legal or Compliance for a financial institution.

• Values matter to you. You bring your real self to work and you live our values 60 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

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