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Consultant, Regulatory Compliance Management (RCM)

extra holidays
Remote: 
Hybrid
Contract: 
Experience: 
Mid-level (2-5 years)
Work from: 
Toronto (CA)

Offer summary

Qualifications:

Experience in audit, internal control, or compliance functions, Knowledge of regulatory/compliance environment for financial institutions, Strong written and verbal communication skills, Excellent problem-solving capabilities, Critical thinking and attention to detail.

Key responsabilities:

  • Analyze laws and regulations affecting EWC's responsibilities
  • Prepare Compliance owned policies and programs
  • Support reporting to senior management and Board of Directors
  • Participate in strategic initiatives and projects as assigned
  • Develop recommendations based on industry practices
CIBC logo
CIBC Banking XLarge https://www.cibc.com/
10001 Employees
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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 visit CIBC.com

As a member of the Regulatory Compliance Management (RCM) Programs team within Enterprise Wide Compliance (EWC), the Consultant will work with the Sr. Consultant, reporting to the Director, RCM Programs. The role's objective is to support the Compliance Department in developing and communicating compliance policies, standards, guidelines and methodologies, conducting research and developing recommendations concerning emerging compliance industry practices. You will contribute to the design and production of reports to senior management and support the EWC leaders and other team members.

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 2-3 days per week on-site, while other days will be remote.

How you'll succeed

  • Regulatory Oversight – You will analyze new and pending laws, regulations and industry commitments that affect EWC’s areas of responsibility. You will ensure that relevant issues and organizational risks are identified and raised for consideration by management, in the formulation and revision of policies and procedures. You will discuss analysis with team members/leader, and formulate advice and recommendations concerning the development of policies, procedures, training, and communications to ensure compliance.

  • Enterprise-wide Compliance Oversight – You will assist in the preparation of Compliance owned policies and programs including, but not limited to, the Regulatory Compliance Management Policy, Outside Business Activity approval process, record management and other processes as assigned. With guidance from the Director, EWC and other teammates, respond to questions from, and providing advice to, other Compliance groups and CIBC employees regarding the application of Compliance- owned policies.

  • Reporting – You will support teammates for Compliance and  reporting to CIBC senior management and the Board of Directors. You will work closely with teams across Compliance on joint reporting on a weekly, monthly and quarterly basis.

  • Strategic Initiatives – On occurrence, as assigned by the Director, RCM Program & Policy, you will participate as a member in EWC strategic initiatives and projects.

Who you are

  • You can demonstrate experience in the audit, internal control, reporting, legal or compliance functions of a financial institution (FI), and you have good knowledge of the business and regulatory environment applicable to FIs, particularly with respect to regulatory compliance. You have excellent written and verbal communication skills and possess strong problem- solving skills necessary to develop creative solutions for complex problems. It is an asset if you have knowledge of regulatory/compliance policies, procedures and methodologies.

  • 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.

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

  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

  • You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

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, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Audit Support, Project Coordination, Records Retention Management, Reporting and Analysis, Risk Mitigation Strategies

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Industry :
Banking
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Problem Solving
  • Verbal Communication Skills
  • Collaboration
  • Critical Thinking
  • Problem Reporting

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