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 part of the Bank’s Second Line of Defense, the Credit Risk Regulatory Compliance Manager serves as the Credit Risk Management representative for regulatory, Internal Audit and self-identified deficiency remediation along with other reporting requirements to meet management and regulatory expectations. The role is responsible for contributing to projects that impact Credit Risk Management through in-depth research analysis, interpretation, documentation, and advice on moderately complex information. The role applies subject matter expertise to consult with management on process improvements, to deliver high quality processes and procedures while ensuring compliance with CIBC requirements standards, work practices, processes, security standards and policies. The role participates in risk management projects, supporting the execution of a satisfactory risk plan that incorporates successful audit, and continuous audit and monitoring.

·       Serve as the main point of Credit contact for the Regulatory Compliance Management (RCM) program

·       Regularly track regulatory developments and monthly attest to regulatory changes

·       Quarterly review Regulatory Group Topics, ensuring that accurate and active controls are tagged to regulatory obligations

·       Annually lead and engage with appropriate stakeholders to conduct an in-depth review of Regulatory Group Topics and complete the Regulatory Compliance Risk Assessment

·       Provide input on Credit Risk Management owned deficiencies that are presented bi-weekly at the Risk Senior Leadership Team Meeting

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

Monitor and respond to regulatory changes by proactively tracing, analyzing, and communicating regulatory developments, ensuring timely attestations and that Credit Risk Management remains compliant with evolving requirements.Maintain robust controls through quarterly review of Regulatory Group Topics, ensuring all controls are accurately mapped to regulatory obligations and remain effective in mitigating risk.Drive continuous improvement by providing insightful input on Credit Risk Management deficiencies, supporting regular reporting to senior leadership, and contributing to process enhancements that strengthen compliance and risk management practices.Liaising with various Line of Business, Risk Stripes, Internal Audit and/or Regulators to influence, direct, review and challenge credit risk-oriented change in the regulatory environment.

Who You Are

You have a Bachelor’s degree/diploma in a related field such as accounting, finance, or other business discipline.Minimum of 5+ years of experience in Compliance, Risk Management, or Internal Audit roles within the banking or financial services industry.Strong background in interpreting and applying financial regulations (such as OSFI, Basel, or other relevant frameworks), with a track record of ensuring compliance in a banking environment.Excellent research, analytical, and interpersonal skills that drive cross-functional execution.You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.Ability to self-start and work with minimal oversight.Ability to manage multiple projects and/or initiatives simultaneously under tight deadlines.

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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $90,000 - $110,000 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 St

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Communication, Control Frameworks, Credit Risks, Decision Making, Governance Framework, Group Problem Solving, Operational Risks, Operation Risk Management, Python (Programming Language), Risk Analytics, Risk Assessments, Risk Governance, Strategic Risk Management