AML Analytics Senior Manager

CIBC • Chicago, IL

5d • Hybrid

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.

Requirements

• Minimum 5+ 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.
• Passion for 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

• Lead the assessment of complex and emerging AML risks, including those related to new products, technologies, and regulatory developments.
• Design, implement, and oversee advanced analytics solutions and models to proactively detect and prevent financial crime.
• Act as a subject matter expert, providing guidance to senior management and stakeholders on best practices, regulatory changes, and innovative risk mitigation strategies.
• Partner with EAML, technology, business units, and regulators to ensure a coordinated approach to AML risk management.
• Oversee the validation, monitoring, and continuous improvement of AML detection models to ensure effectiveness and compliance.
• Deliver clear, actionable insights and recommendations to executive leadership through comprehensive reports and presentations.
• Lead the development and execution of AML analytics strategies to meet regulatory requirements and business objectives.
• Provide thought leadership on AML risk management, ensuring alignment with CIBC’s broader risk and compliance frameworks.
• Foster a culture of continuous improvement and innovation within the AML Analytics team.
• Oversee the development of 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.
• Direct the design, testing, and implementation of 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)
• Incentive pay
• Banking benefits
• Benefits program
• Vacation offering
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior