What you'll be doingAs a Consultant, Regulatory Operations within the OTC Derivatives team in Capital Markets Operations at CIBC, you will play a pivotal role in ensuring robust operational controls and regulatory compliance for Capital Markets Regulatory Trade Reporting. You will provide leadership, subject matter expertise, and oversight of control processes, while collaborating with stakeholders to drive continuous improvement and operational excellence.
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- Operational Controls & Compliance - Lead and oversee the execution of operational controls related to regulatory trade reporting. Participate in control testing and project initiatives, with a focus on designing and implementing new controls to meet evolving regulatory requirements across multiple jurisdictions.
- Stakeholder Engagement - Collaborate with internal and external stakeholders to develop a clear product vision that aligns with regulatory requirements. Present findings, performance metrics, and recommendations to business partners and executives, ensuring transparency and accountability in regulatory reporting.
- Data Analysis & Reporting - Utilize advanced analytical skills to assess data from diverse internal and external sources, identifying gaps and opportunities for improvement in trade reporting. Develop actionable insights to enhance data quality and compliance.
- Control Deficiency Management - Establish standards for identifying and quantifying control deficiencies. Develop escalation paths and track issues through to full resolution, ensuring timely remediation and continuous improvement.
- Product Knowledge - Demonstrate extensive knowledge of repurchase/reverse repo transactions (REPO), securities lending and borrowing (SLEB), and a broad range of OTC derivative products. Apply both theoretical and practical understanding of derivative transaction structures and underlying finance principles.
Who you are- You can demonstrate experience in capital markets operations or regulatory reporting with strong knowledge of data systems, operational processes, and regulatory trade reporting requirements, including SFTR (mandatory), MiFID II, and EMIR.
- You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
- You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
- You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.
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 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 LocationToronto-595 Bay St., 7th
Employment TypeRegular
Weekly Hours37.5
SkillsAnalytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge