What you'll be doingReporting to the Senior Manager, Business Controls requires an Analyst who will be responsible for performing compliance monitoring reviews within times lines and standards governed by Business Controls methodologies to support CIBC Asset Management (CAMI); as well as delivering continuous, insightful and actionable analytics of review activities to support the compliance monitoring activities. You will also be responsible for oversight on new initiatives undertaken by the team.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
How you'll succeed- Compliance - tier one investment compliance monitoring, controls testing, risk assessment and due diligences of all mutual funds and other portfolios managed by CAMI including sub-advised funds, in accordance with regulatory requirements, Business Controls' compliance monitoring methodology, risk rating and the annual monitoring plan.
- Investigations - to assess whether adequate key controls are in place and operating effectively. Expected to perform, complete and document on a timely basis the results of reviews and tests that will be used to assist the Business Controls team on an ongoing basis; assess significant changes at an early stage, identify any new or emerging trends and/or risks, and discuss / propose recommendations to enhance operational processes controls; seek resolution and implementation of an action plan to address the highlighted observations.
- Understanding of Asset Management Investment Compliance - will facilitate the monitoring to ensure adherence with legal and regulatory requirements, corporate policies and guidelines mutually agreed by the business and portfolio managers.
- Reporting - within tight deadlines accurately produce reports to a standard required for regulatory reporting and filings.
- Share your knowledge and assist team members with their reviews and help to implement changes as required to strengthen the processes. Ensure that the working files are documented clearly for other internal and external compliance teams to understand and rely upon consultation.
Who you are- You have a university degree in Accounting, Finance, or Business, with demonstrated experience of two plus years of asset management compliance reviews, or related experiences.
- You have working knowledge of different financial markets, asset classes, National Instrument 81-102, National Instrument 31-103 and National Instrument 81-107 and relevant OSC Staff Notices.
- You can accurately assess, within a strict timeline and often competing timelines, sensitive requests and prioritize your workload/tasks accordingly in a fast paced and pressured environment.
- You understand that success is in the details. You notice things that others do not. You are an independent and critical thinker, whose demonstrated skills allow for informed decisions, evaluations and proposals. Connect various subject matters with ease.
- You have exceptional communication and inter-personal skills which will allow you to always build working relationships across Business Controls internal and external stakeholders by demonstrating CIBC Core Values of Trust, Teamwork and Accountability.
- You can clearly document complex occurrences in a report.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
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What CIBC OffersAt 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.
*Subject to program terms and conditions
Expected End Date2027-07-28
Job LocationToronto-141 Bay, 20th Floor
Employment TypeTemporary (Fixed Term)
Weekly Hours37.5
SkillsBusiness Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively
