CIBC

Sr. Regulatory Compliance Manager, Credit Risk

CIBC$140K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, business, or a related field.
  • 5-7 years of experience in regulatory compliance, particularly in credit risk.
  • Strong understanding of US regulatory compliance frameworks and credit risk management.
  • Proven ability to manage complex regulatory expectations within consumer and wholesale lending sectors.
  • Exceptional written and verbal communication skills for preparing materials for senior management.
  • Strong critical thinking and attention to detail, especially in regulatory control design.

Responsibilities

  • Lead and support regulatory compliance initiatives in the Credit Risk Management function.
  • Review credit risk controls and ensure alignment with regulatory expectations.
  • Assist in managing and monitoring regulatory issues and ensure remediation plans are effective.
  • Engage with stakeholders to ensure consistent application of regulatory requirements.
  • Monitor changes in regulatory mandates and assess their impact on credit risk frameworks.
  • Develop actionable insights from complex data to enhance regulatory compliance.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • Health savings account to help cover medical expenses.
  • Life insurance and disability plans.
  • Generous paid time off including sick leave, parental leave, and vacation days.
  • 401(k) retirement plan options and discretionary bonuses.
  • Flexible hybrid work arrangement allowing for a mix of remote and in-office work.
Full Job Description
What You'll Be Doing

As a Sr. Regulatory Compliance Manager, Credit Risk, you’ll lead and support regulatory compliance activities within the second line Credit Risk Management function, ensuring adherence to our US regulatory compliance framework.

In this role, you’ll report directly to the US Head, Non-Transactional Credit Risk while coordinatingframeworkdeliverables, reviewing regulatory control design/documentation, and completing regular risk assessments that support continuous improvement. Additionally, you will partner with stakeholders across Risk, Compliance, and the Lines of Business as an oversight function for CIBC's credit risk regulatory obligations. Last, you’llmonitor regulatory developments and translate requirements into actionable control and process enhancements.

At our bank we enable the work environment most optimal for you to thrive in your role. You will have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2 63 days per week on-site, while other days will be remote.

How You'll Succeed

  • Control and process review 6 Review credit risk controls, policies, and procedures to ensure alignment with regulatory expectations. Identify gaps and support the design and implementation of sustainable remediation actions, as needed.

  • Issue management and remediation 6 Assist the US Head, Non-Transactional Credit Risk with monitoring and managing regulatory-related issues and findings, ensuring remediation plans are well-designed, executed on schedule, and supported by appropriate documentation and evidence.

  • Stakeholder engagement 6 Build strong partnerships with Credit Risk, Compliance, Internal Audit, and Line of Business teams to ensure consistent interpretation and application of regulatory expectations.

  • Regulatory change management 6 Monitor evolving regulatory requirements and assess impacts to credit risk frameworks, including supporting implementation of necessary changes to policies, controls, and processes.

Who You Are

  • You give meaning to data. You enjoy investigating complex problems and making sense of information, translating regulatory expectations into practical, actionable insights.

  • Your influence makes a difference. You build strong relationships and communicate effectively with stakeholders at all levels, helping drive alignment and accountability on regulatory priorities.

  • You know that details matter. You apply strong critical thinking and attention to detail when reviewing regulatory requirements, control design, and supporting documentation.

  • You are a strong communicator. You have excellent written and verbal communication skills, with the ability to prepare clear, concise materials for senior management.

  • You have demonstrated experience in managing regulatory expectations related to consumer and wholesale lending.

  • You have a completed degree/diploma in finance, accounting, business, or a related field. #LI-TA

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $140,000 - $160,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidaysand 401(k), in addition to other special perks reserved for our team members.

Job Location

IL-120 S LaSalle St, 8th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Compliance Activities, Compliance Frameworks, Investigating, Leadership, Regulatory Compliance, Regulatory Controls, Regulatory Requirements, Remediation, Risk Assessments

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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