Associate, Supervision & Governance

Job title:

Associate, Supervision & Governance

Company

CIBC

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.To learn more about CIBC, please visitWhat You’ll Be DoingYou will join CIBC’s Capital Markets Supervision & Governance team as an Associate to support the Director and Executive Director, focusing on building and sustaining an effective First Line of Defense program for the Alternate Solutions Group (ASG) and Simplii Financial, ensuring various groups adhere to the required trading policies and procedures.Within CIBC Global Markets, the Alternate Solutions Group was launched in 2013 with a mandate to develop innovative and creative technology-driven capital markets solutions. This group is an unconventional capital markets organization that combines the innovative spirit and agility of a FinTech startup with the financial strength and strong governance protocol of a major financial institution. Simplii Financial is an award-winning, full-service digital bank that serve almost 2 million clients with operations and call centers in Canada.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 SucceedSupervision & Surveillance: Perform a suite of monitoring activities including AML Transaction Monitoring (AMLTM) for ASG and surveillance of sales practices within the Simplii Financial client-facing group, including filing Unusual Transaction Reports to Enterprise AML.Governance & Oversight: Monitor new and changing regulatory requirements on a timely basis and assess their potential impact. Assist in the development and ongoing maintenance of supervisory manuals, policies, guidelines and procedures to reflect the current regulatory requirements.Risk Assessment & Consulting: Work closely with the product owners in ASG and Simplii Financial to proactively identify risk exposures and control gaps and provide recommendations from a monitoring perspective for new products and services.Continuous Improvement and Operational Efficiency: Be the advocate for continuous improvement in both process efficiency and effectiveness, as well as development best practices that ensure quality of work.Communication and Collaboration: Assist in preparing detailed responses to address internal (business) and external (regulatory) enquiries. Escalate significant issues of noncompliance to the Director and Executive Director.Relationship Building: Build and sustain effective partnership with the business. Keep an open dialogue with Enterprise AML (2nd line), sharing findings and analysis. You will have frequent contact with Risk Management, Fraud, Compliance, Technology, and Internal Audit.Who You AreYou have an undergraduate university degree in Business, Mathematics, Economics, Engineering, Finance or related field.You can demonstrate 3-5+ years’ experience working in the financial sector, especially in Risk Management, AML, Compliance, Client Onboarding/ Due Diligence.You are a certified professional. It is considered an asset if you have the Canadian Securities Course or Certified Anti-Money Laundering Specialist certification.You are digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends and you bring excellent experience using Excel, Power BI, Tableau with the ability to program rules-based logic and manage dashboards.You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You solve complex issues using fact-based problem solving and drive actionable outcomes.You are motivated by collective success. You know that teamwork can transform a good idea into a great one. You bring strong relationship-building skills and you know a team that enjoys working together can bring a vision to life.You know that details matter. You notice things that others don’t and you bring effective written and oral communication and presentation skills. Your critical and creative problem solving skills help inform your decision making.You’re goal oriented. You have the ability to manage competing priorities successfully and deliver your best to make a difference.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 conditionsWhat you need to knowCIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contactYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.Job Location Toronto-161 Bay St., 5thEmployment Type RegularWeekly Hours 37.5Skills Analytical Thinking, Auditing, Business Effectiveness, Capital Markets, Client Onboarding, Client Relationship Management, Customer Experience (CX), Detail-Oriented, Strategic Initiatives, Teamwork

Expected salary

Location

Toronto, ON

Job date

Sat, 06 Jul 2024 01:44:39 GMT

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