BSA Operations Analyst
About The Position
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. We are seeking a highly detail-oriented Junior AML Investigator to join our US AML team. The ideal candidate will have at least 1 year of experience in Anti-Money Laundering (AML) or Sanctions, or a minimum of 3 years in banking. This role is responsible for conducting name screening adjudications, focusing on negative news and Politically Exposed Persons (PEPs). The successful candidate will demonstrate strong analytical skills and the ability to interpret regulatory and internal guidance to make informed, risk-based decisions. Collaboration with various lines of business will be essential to obtain information necessary for alert resolution.
Requirements
- Minimum 1 year of experience in AML or Sanctions compliance, or at least 3 years in banking operations.
- Strong attention to detail and organizational skills.
- Proven ability to interpret and apply regulatory and internal guidance.
- Analytical mindset with the ability to make risk-based decisions.
- Excellent written and verbal communication skills.
- Ability to work independently and as part of a team.
- Familiarity with global AML and sanctions regulations.
- Experience with screening and adjudication processes.
- Demonstrated ability to manage multiple priorities in a fast-paced environment.
- Experience with metrics creation, tracking, and reporting.
Nice To Haves
- Proficiency with AML screening tools and databases is an asset.
Responsibilities
- Conduct name screening adjudications for negative news and Politically Exposed Persons (PEPs) using internal and external databases.
- Analyze and interpret screening results to identify potential AML and sanctions risks.
- Review and assess negative news alerts, escalating cases as appropriate based on risk assessment.
- Apply regulatory and internal guidance to ensure compliance with AML and sanctions requirements.
- Collaborate with lines of business to obtain information required to resolve screening alerts and make risk-based decisions.
- Document investigation findings and decisions clearly and accurately.
- Create, track, and report metrics related to screening and investigation activities.
- Prepare regular and ad hoc reports for management.
- Communicate effectively with internal stakeholders to resolve screening-related inquiries.
- Stay current on relevant regulatory developments, industry trends, and internal policies.
- Perform other AML operational duties as assigned to support the broader US AML team.
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
- A benefits program
- A 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.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
