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 visit CIBC.com
What you'll do:
The Compliance Advisor reports to the Fair & Responsible Banking Director and will assist in the development and implementation of CIBC’s UDAAP Program. The Compliance Advisor is responsible for executing the bank’s UDAAP Compliance Program and ensuring compliance oversight and support to lines of business and operational areas.
How you'll succeed:
Completing ongoing UDAAP risk assessments considering all applicable products and services across the product lifecycle from marketing to loss mitigation, and assessing applicable compliance requirements for the comprehensive Compliance Risk Assessment.Developing and maintaining all UDAAP related policies, standards and procedures that are commensurate with the size and complexity of the organization and remain current and reflective of regulatory requirements and organizational processes.Identifying UDAAP and other related compliance risks for new and existing business activities, including but not limited to marketing campaigns, loan and deposit initiatives, account disclosure reviews, and servicing and collections. Advising the lines of business and operational areas on UDAAP issues and emerging risks, including regulatory and business changes, resolution of deficiencies, and managing associated internal and regulatory reporting obligations.Ensure that business owned policies, standards and procedures for managing UDAAP compliance are developed and maintained.Communicate a culture of compliance through building partnerships and identifying opportunities to reinforce an effective CMS.Preparing Board and management reporting on applicable program components and metrics.Assist in the coordination of audit and exam materials.Who you are:
Expert knowledge of all consumer protection laws, regulations and guidance, with particular expertise in the FTC’s Section 5 rule regarding UDAP and the CFPB’s rules and regulations for UDAAP. 6+ years’ experience in regulatory compliance, CRCM, and/or JD, with a Bachelor’s Degree.Ability to evaluate controls, conduct impact assessments, identify control gaps, remediate risk and navigate resolution of potential competing objectives.Strong relationship management skills including engaging stakeholders, persuading others and resolving conflict.Skilled in gathering accurate information to explain complex concepts, and presenting information to an audience in a way that is engaging and easy to understand.Excellent interpersonal skills, including verbal and written communications, and leadership skills in acting as a trusted advisor across all lines of defense.Effective people and project management skills to lead and contribute to projects.Strong research, analysis, problem-solving, and decision-making skills with ability to identify compliance risks and issues for escalation to management, as necessary.Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly-changing environment.Advanced Excel, Word, and PowerPoint skills.Working knowledge of effective dashboard reporting using data visualization tools is a plus.Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:
Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.
California residents — your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $95,000- $117,00 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), Holidays and 401(k), in addition to other special perks reserved for our team members.
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*, 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
What you need to know
CIBC 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 contact Mailbox.careers-carrieres@cibc.com
You 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, 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
IL-70 W Madison St, 10th FlEmployment Type
RegularWeekly Hours
40Skills
Decision Making, Process Improvements, Quality Assurance (QA), Regulatory Compliance, Risk Assessments, Strategic Objectives