AML Analytics Consultant
About The Position
The CIBC Anti-Money Laundering AML Analytics team is a forward-thinking risk analytics group dedicated to driving innovation in anti-money laundering through advanced data analytics, technology, and strategic transformation. The team enhances the bank’s capabilities in transaction monitoring, customer risk rating, sanctions screening, and data governance, helping to ensure CIBC remains at the forefront of financial crime prevention. 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.
Requirements
- Minimum 2+ years’ experience in analytics or technical fields, preferably in financial services, regulatory agencies, or law firms with a focus on compliance issues.
- Proven expertise in SQL programming, data mining, query performance tuning, and statistical tools such as SAS, R, Python, or similar.
- Strong knowledge of AML regulations, OFAC laws, economic sanctions, and compliance systems.
- Strong analytical, problem-solving, and decision-making skills with the ability to see the big picture.
- Proven ability to lead cross-functional teams and build consensus among diverse stakeholders.
- Passionate about leveraging new technologies and methodologies to address emerging risks.
Nice To Haves
- Master's or PhD in Data Science, Statistics, Finance, Economics, Computer Science, or a related field is highly preferred.
- Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner), or equivalent are highly preferred.
Responsibilities
- Develop advanced quantitative models and data-driven solutions to enhance AML transaction monitoring and sanction screening systems.
- Ensure the application of statistical and analytical principles, tools, and techniques to deliver actionable insights.
- Assess data quality and its potential impact on AML compliance and risk management.
- Identify opportunities for continuous improvement and innovation within the AML Analytics team.
- Design, test, and implement new rules and models to improve the effectiveness and efficiency of AML systems.
- Translate complex business requirements into technical specifications for implementation by technology teams.
- Oversee data quality initiatives and expand transaction monitoring coverage to new product and risk types.
- Build and maintain strong relationships with technology partners, external vendors, and internal stakeholders to ensure program efficiency.
- Act as a key liaison between compliance teams and multiple business units, ensuring alignment and effective communication.
- Present findings and recommendations to senior leadership and regulatory bodies with clarity and confidence.
Benefits
- Medical
- Dental
- Vision
- Health Savings Account
- Life Insurance
- Disability
- Other Insurance Plans
- Paid Time Off (including Sick Leave, Parental Leave and Vacation)
- Holidays
- 401(k)
- Competitive total rewards package
- Incentive compensation plan
- Discretionary bonus component
- Banking benefits
- Wellbeing support
- MomentMakers, our social, points-based recognition program
- Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
