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

At CIBC, we are on a mission to build the relationship-focused bank of the future and we are looking for First Nations, Métis and Inuit job-seekers to join our Risk Management Group. Placement decisions are based on interests, skills and position availability. 

We are committed to creating an inclusive environment that reflects the diversity of our clients and our communities. For more information on our talent programs for Indigenous peoples, please contact our Inclusion Team to learn more about why you belong at CIBC.

What you’ll be doing

The Enterprise Anti-Money Laundering (EAML) Group is responsible for all aspects of CIBC's Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) regime, including development of policies and procedures, development and delivery of training, and reviewing the activities of CIBC's business and infrastructure groups, and investigative activities, including the receipt and analysis of information that may indicate money laundering, terrorist financing or sanctions violation, or other high-risk activity.

As the Manager, ML/TF Product Risk and Typologies you’ll be responsible for ensuring the ML/TF and Sanctions Product Risk Assessment methodology, and Risk Typologies remain current, and provide an accurate assessment of CIBC’s ML/TF and Sanctions risk profile. Assess the adequacy of controls to mitigate relevant ML/TF threats and risk typologies. You will coordinate risk assessment activities among stakeholders within EAML and the first line; ensuring the timely escalation of issues.

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

ML/TF risk assessment – Assist in the development and ongoing execution of the Enterprise ML/TF Product Risk Assessment methodology.  Identify red flags and typologies associated with bank wide products and services in order to mitigate risk. Evaluate the materiality of gaps and internal control weaknesses; Support development of process, procedure, policy, and methodology documents specific to product and services in order to support the broader annual risk assessment. Keep abreast of AML/ATF regulatory developments and emerging issues affecting CIBC. Understand the bank’s risk appetite and culture and how it applies to product risk rating methodology and the creation of transaction monitoring rules.

Strategic thinking approach – Drive, manage and execute data and reporting projects and initiatives in alignment with EAML department’s goals, objectives and key performance indicators.

Relationship management - Manage relationships with various partners throughout the bank with a high focus on collaborating  and partnering for shared success. 

Time management  – Engage in multiple concurrent risk assessments across different business units and in different development stages and be able to complete required tasks on a timely basis. Prepare status reports on project milestones accomplished. Assist with the resolution of issues and obstacles to achieve objectives. 

Communication –  Prepare clear and concise risk assessment reports tailored to an executive audience. Keep stakeholders informed on changes and enhancements to the Risk Assessment Program. 

Who you are

You can demonstrate experience in facilitating small and large group meetings; communicating complex ideas to various stakeholders. You have knowledge of Canadian AML/ATF laws and regulations, and a working knowledge of AML/ATF laws and regulations of jurisdictions in which CIBC entities operate. You have excellent judgment and problem-solving skills in order to provide input and advice to business units on AML requirements.

It’s an asset if you have an undergraduate degree in business, or criminology or a related field along with a minimum of 3 years’ experience in business strategy, financial crime risk management or operational risk compliance.

You can demonstrate experience in people management, sufficiently skilled to lead and motivate a professional team.

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're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.

Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

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

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, 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-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Anti-Money Laundering (AML), Financial Transactions, Innovation, Operational Efficiency, Proactive Monitoring, Risk Management and Mitigation