What you'll be doing

As a member of the Commercial Banking and Wealth Management Compliance (CBWMC) team, the Senior Compliance Officer, Global Asset Management will provide independent oversight of compliance with laws and regulations applicable to the exempt market dealer, investment fund manager, and portfolio management/registered investment advisory business activities of CIBC Asset Management Inc. (CAMI), including its CIBC Private Investment Counsel (CPIC) line of business. As a Senior Compliance Officer reporting to the Director, Global Asset Management Compliance, you will advise and report on the adherence to applicable regulatory requirements, corporate policies, practices and acceptable standards of business, ethics and conduct under relevant laws. You will provide timely and proactive advice to help CAMI/CPIC and their leaders fulfill their regulatory compliance responsibilities and achieve their business goals including the preparation of annual compliance reviews and reporting. You will also assist in the design, establishment, and advise on the execution of regulatory compliance testing of CAMI/CPIC's portfolio management/investment advisory business activities and identify key risk control gaps and deficiencies.

Please note, a preferred candidate has been identified for this opportunity, however all interested are encouraged to apply.

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

• Compliance monitoring and oversight - Monitor adherence to applicable laws, regulations, internal policies, and standards of business conduct for the assigned line of business and investigate situations of non-compliance.
• Trusted advisor and partner - Maintain strong working relationships with Global Asset Management, infrastructure partners, and team members across Compliance and provide value-add compliance advice. Partner with the business to achieve outcomes which protect our clients and our bank.
• Communication - Communicate effectively with internal partners and regulators. Cleary explain regulatory expectations and necessary changes to business unit procedures or controls to address adherence to Canadian securities regulations.
• Independently challenge - Follow up on questionable business conduct or regulatory non-compliance items or activities, assess impact and determine courses of action required, including escalations.
• Active participation - Staying abreast of industry wide regulatory and compliance developments, trends, and best practices, at both the federal and provincial/state level and suggesting methods for implementing changes as necessary.
• Process improvement and training support - Maintain relevant compliance procedures, contribute to policy updates, and participate in the development and delivery of compliance training. Support special projects and assignments as needed.

Who you are

• You have demonstrated experience in a compliance, risk management, or legal in the investment or financial services industry. It's an asset if you have experience within Private Wealth Management firm or Asset Manager, including supporting Exempt Market Dealer (EMD) and alternative investments activities.
• You have a Bachelor's Degree or equivalent experience and knowledge of the Canadian securities regulatory environment as it relates to portfolio managers, exempt market dealers and/or investment fund managers. It's an asset if you have the CSC and have or are working towards a CFA, FRM accreditation/designation.
• You give meaningto data. You enjoy investigating complex regulatory and compliance issues, interpreting regulatory requirements, and making sense of information. You're confident in your ability to communicate detailed information and advice in an impactful and practical way.
• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making as you identify compliance risks and assess regulatory.
• You put our clients first. You engage with purpose to build trust relationships and provide practical compliance advice that balances regulatory obligations with business objectives. You go the extra mile, because it's the right thing to do. You demonstrate integrity, sound judgment and a commitment to continuous learning by staying current on regulatory developments and contributing to a strong culture of compliance
• 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

Job Location
Toronto-81 Bay, 31st Floor

Employment Type
Regular

Weekly Hours
37.5

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