CIBC

Sr. Consultant, Business Effectiveness

CIBC$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years' experience in regulatory compliance or related field
  • Proven expertise in change management methodologies
  • Strong analytical skills and ability to synthesize complex regulations
  • Exceptional communication skills for diverse audiences
  • Experience managing cross-functional projects
  • Ability to build and maintain relationships with stakeholders
  • Proficient in project management and use of KPIs/KRIs

Responsibilities

  • Lead regulatory initiatives for Commercial Banking and Wealth Management teams
  • Collaborate with Legal and Compliance partners to interpret regulations
  • Implement strategic change management processes and tools
  • Enhance organizational processes for regulatory adherence
  • Build strong relationships with internal and external partners
  • Provide regulatory subject matter expertise across projects
  • Monitor ongoing compliance and ensure effective sustainment of changes.

Benefits

  • Personalized recognition and incentive pay
  • Comprehensive benefits program including banking benefits
  • Defined benefit pension plan and employee share purchase plan
  • Paid vacation and wellbeing support
  • Purpose Day, a dedicated day off for personal development
  • Access to innovative technological tools for collaboration
Full Job Description
What You’ll Be Doing

As Sr. Consultant, Regulatory Initiatives for Commercial Banking and Wealth Management, you will join CIBC’s Chief Administrative Office (CAO) to lead Regulatory Initiatives on behalf of our Commercial Banking and Wealth Management teams by becoming the Regulatory Subject Matter Expert (SME), work collaboratively with our Legal and Compliance partners to challenge interpretation of regulations and develop solutions in compliance with with the regulations and a focus on both our employee and client experience.  You will excel at coming up with creative solutions and striking the right balance on adherence to regulatory requirements and helping our employees to deliver on our purpose of helping make our client’s ambitions a reality.  You will work with the Project Delivery team, Compliance, and Legal partners to ensure successful implementation of regulatory changes by focusing on adhering to regulatory requirements in the context of how we serve our clients today, and tomorrow.  The Sr. Consultant, Regulatory Initiatives is passionate about introducing meaningful change, and developing creative solutions to support sustainment of regulatory compliance with a focus on our employee and client experience.  The Sr. Consultant, Regulatory Initiatives will provide leadership on Projects acting as the Regulatory Subject Matter Expert and will help support business requirements, solution development, and the change management strategy to support the introduction and sustainment of upcoming regulatory change,.  The Sr. Consultant will also lead post-launch sustainment ensuring the change has been effectively adopted, ownership is appropriately transitioned with the right support model, and that KRIs are in line with expectations. The Sr. Consultant will manage ongoing sustainment and monitoring and simplify our approach in order to accelerate adherence to regulatory change across Commercial Banking and Wealth Management.

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

  • Strategic Regulatory Initiatives and Change Management - You manage and execute  Strategic Regulatory Initiatives, delivering on the Chief Administrative Office (CAO) goals across Commercial Banking and Wealth Management. You take ownership of the Regulatory change impact and ensure alignment to regulations and our strategic goals.  You take a risk-based approach to ensuring ongoing adherence to new regulations while supporting the business goals. You embed change management methodology and maintain a focus on the employee and client experience, to deliver relevant tools and change tactics that provides the right level of engagement with key stakeholders, while supporting the enterprise in effectively transitioning through the identified change towards the desired end state.

  • Strategic Consulting - You become the regulatory SME on the new regulations and leverage your experience in implementation and change management to provide leadership, specialized regulatory advice and integration support to key stakeholders and leaders across the enterprise. You have a keen ability to synthesize complex regulations and translate them to recommendations through executive level presentations. You proactively identify risks and creatively resolve problems by identifying innovative alternatives finding a balance between the client experience and the right level of risk within our Risk Appetite.

  • Process Enhancement - You use your experience to provide analysis and enhancements of strategic processes to support implementation or sustainment approaches and tactics with a focus on simplification and automation where possible to ensure efficiency and effectiveness of ongoing adherence to regulations while supporting our partners across Commercial Banking and Wealth Management. You manage strategic key performance indicators (KPIs) and key risk indicators (KRIs) to ensure successful delivery and sustainment of initiatives within appropriate spend budgets and in alignment with regulatory requirements.

  • Relationship Building - You act both autonomously and collaboratively. You forge strong relationships with various teams, by working with internal and external partners, to ensure the development and co-ordination of critical project elements for successful implementation. You are a great communicator, with the ability to create compelling materials for a variety of audiences. You manage communications and risks– proactively, consistently and effectively in order to drive intended impact.

  • Organizational Excellence with a Sense of Urgency - You’re a self-starter, with the ability to deal with ambiguity and respond in an agile manner. You have a proven ability to handle complexity and competing priorities with organization, attention to detail, a sense of urgency and strong problem solving skills. You are results driven with the ability to motivate, influence and impact decisions. You are willing to jump in where you are needed and support the team with a variety of activities to move the work forward.

Who You Are

  • You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

  • You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it’s the right thing to do.

  • You’re passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

  • 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.

  • You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible.

  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

#LI-TA

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, 11th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Critical Thinking, Decision Making, Judgement

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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