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 be doing:
As a Senior Manager, Sanctions Advisory, you will be reporting to and supporting the Director, Sanctions Advisory by serving as a subject matter expert providing guidance to various CIBC Strategic Business Units (including, but not limited to Personal and Business Banking, Corporate Banking, Capital Markets etc.) and Functional Groups (including, but not limited to, other units within the Sanctions Team, AML Advisory, Financial Intelligence Unit, Examinations and Audit) on various aspects of sanctions compliance across the regions of CIBC presence; initiating and leading the development, implementation and maintenance of a Sanctions High-Risk Clients Program; maintaining currency of the Enterprise Sanctions Policy and the Enterprise Sanctions Standard and Sanctions Advisory’s internal procedures; opining on sanctions compliance-related warranties, representations and covenants in transaction documentation or other internal documents and regulatory filings; monitoring for, reviewing and assessing the impact of sanctions-related legislative and regulatory developments and emerging risks; contributing to maintaining of Regulatory Compliance Management (RCM)-related processes and initiatives; contributing to, developing and maintaining sanctions compliance training-related processes and initiatives and by participating in other projects where Sanctions is a stakeholder and performing other tasks as requested by the Director, Sanctions Advisory or the Head of Global Sanctions.
Who you are:
You have a Bachelor’s degree in Law, International Affairs, Political Science or related field and have a sound general understanding of the Canadian legal system;You have a minimum of 3 years in performing sanctions compliance related functions, preferably in the financial or consulting industries, including an in-depth expertise in, at a minimum, the U.S. and Canadian sanctions laws and regulations;You have a sound working knowledge of AML High Risk Clients Management;You are familiar with banks’ Regulatory Compliance Management (RCM) -related requirements and controls specific to sanctions compliance;You have a strong working knowledge of the banking industry, bank’s structure and organization, products, operations, and systems, including sanctions screening systems and tools and have the ability to appropriately assess the application of sanctions regulatory requirements to customer relationships and transactions;You have a strong working knowledge of customer and transaction KYC and due-diligence tools and systems, including but not limited to, World-Check, Dow Jones Risk Database and Dow Jones Factiva, Orbis/BvD or other equivalent tools;You have strong research, analytical, report writing, risk assessment, organizational, and project management skills;You have advanced skills in Microsoft Office suite, including Excel, Access, Visio, Project, and PowerPoint.How you will succeed:
Project Management – You are able to start-up a project and lead it to the implementation and maintenance and can create and maintain a tracking mechanism to help the team stay updated.Stakeholder management – Foster strong workplace relationships to collaborate with various internal and external stakeholders facilitating shared success for each project.Problem Solving – You think in a structured way when solving problems and organizing work, and can analyze data/situations fully and accurately to guide or reach productive decisionsChange management – Utilize strong change management skills to assist with the identification of change to sanctions systems or processes, assess the impact, and collaborate with impacted stakeholders for a seamless implementation.Time management – Manage competing priorities effectively and efficiently while consistently delivering results and value-adds to your peers and business partners.Risk management focus – Proactively identify risks and mitigating strategies as well as contributing the continuousYour 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.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 $112,500 - $172,500 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-120 S LaSalle StEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Anti-Money Laundering (AML), Financial Transactions, Operational Efficiency, People Management, Risk Management and Mitigation