What you'll be doing

The Enterprise Anti-Money Laundering (EAML) Group is responsible for all aspects of CIBC's Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) regime. This includes developing policies and procedures, designing and delivering training, reviewing the activities of CIBC's business and infrastructure groups, and conducting investigations, such as receiving and analyzing information that may indicate money laundering, terrorist financing, sanctions evasion or violation, or other high-risk activities.

As the Senior Consultant, EAML Policy & Regulation, you will report to the Director, Enterprise AML Policy & Regulation In this role, you will provide meaningful insight on regulatory expectations, emerging risks and key events while horizon scanning for regulatory change in Canada and conducting effective impact assessments. You will prepare briefings on key events and emerging risks, evaluating the impact of internal and external developments on CIBC's risk position. You will be the 'go to' for EAML teams to understand regulations and will work closely with partners in policy development, advocacy and legal to genuinely understand the regulatory requirements and expectations.

You will lead deep dive reviews into processes, controls, and business activities to identify and propose policy positions, appropriate mitigations and processes and the Bank's risk appetite. This includes providing effective challenge, insightful reporting, and escalation of risks as needed. You will oversee the effective tracking, oversight and communication of regulatory changes in Canada, ensuring stakeholders are informed and prepared.

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 2-3 days per week on-site, while other days will be remote.

How you'll succeed

• Horizon Scanning - You have a passion for identifying and analyzing emerging risks and regulatory changes, and your curious mindset drives you to raise questions and provide effective challenge when something does not make sense or does not align with the bank's risk appetite
• Industry Awareness - You stay on top of developments in the AML/ATF world and apply this alongside your deep AML/ATF knowledge, in your role.
• Compliance Mindset- You can understand and apply regulatory requirements, considering impacts to the client, business, staff, products and processes.
• Relationship Building - Build strong business relationships with stakeholders by leveraging effective communication, relationship management and negotiation skills to make an impact.
• Continuous Improvement - You have an Enterprise Mindset and proactively drive effectiveness in risk identification and regulatory change management.

Who you are

• You can demonstrate experience in interpreting and implementing regulatory regimes related to money laundering and/or terrorist financing and have an expert understanding of applicable AML/ATF laws and regulations and how regulatory requirements are implemented in business lines. It's an asset if you have CAMS or CFCS designation.
• You are a problem solver: You possess solid judgment and problem solving skills in order to provide input and advice to senior management for best compliance and risk management solutions.
• You have excellent communication skills, both written and oral, together with strong presentation and communication skills.
• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.
• You are an effective organizer. Showcase strong ability to organize, track and report information on implementation activities.
• 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 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, 29th Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Anti-Money Laundering (AML), Communication, Effective Written Communication, Industry Knowledge, Leadership, Proactive Monitoring, Problem Analysis, Problem Solving, Professional Presentation, Relationship Management, Risk Management and Mitigation, Strategic Objectives, Teamwork