Director, AML Risk Insights

CIBC•Toronto, ON

1d•Hybrid

About The Position

As the Director, AML Risk Insights, you’ll proactively identify and evaluate CIBC’s exposure to current, new and emerging ML/TF threats, leverage advanced data analytics and intelligence gathering from industry sources, to provide insights incorporating input from critical partnerships in the Special Investigations team, Risk Assessments, regulatory experts in EAML Governance, Advisory and Sanctions, and data scientist experts in Risk Management Analytics. As the Director, you’ll lead a team of highly skilled business intelligence and AML/ATF specialists accountable for the creation and delivery of insights reports incorporating data trends, client segment profiling and controls assessment. Working collaboratively, with the Senior Director Special Investigations and Planning, you will plan and coordinate targeted client due diligence and transaction monitoring campaigns focused on areas of potential higher risk exposure for CIBC. 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

Working knowledge of AML/ATF laws and regulations in Canada.
Comprehensive knowledge of ML/TF and Sanctions evasion typologies and red flags.
Experience in Data Analysis tools, including SQL and/or SAS.
Experience with BI tools such as Tableau and/or Power BI.
Comprehensive knowledge of banking products and services for Retail, Small Business, Wealth Management, Commercial Banking and/or Capital Markets lines of businesses.
A minimum of 3 years’ experience leading an AML/ATF regulatory compliance program or leading a financial crime team with accountability for data analytics, investigations and surveillance.
University degree or equivalent.
Effective communicator with well-developed communication skills sufficient to convey factual/conceptual information within the team and to other stakeholders.
Caring and accountable leader with demonstrated experience in a People Manager role.
Experience coaching employees and inspiring successful team performance.
Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
Legally eligible to work at the location(s) specified.
Where applicable, must have a valid work or study permit.

Nice To Haves

Leverage advanced data analytics and intelligence gathering from industry sources.
Incorporating input from critical partnerships in the Special Investigations team, Risk Assessments, regulatory experts in EAML Governance, Advisory and Sanctions, and data scientist experts in Risk Management Analytics.
Lead a team of highly skilled business intelligence and AML/ATF specialists accountable for the creation and delivery of insights reports incorporating data trends, client segment profiling and controls assessment.
Plan and coordinate targeted client due diligence and transaction monitoring campaigns focused on areas of potential higher risk exposure for CIBC.
May ask to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).
Use of artificial intelligence tools during the recruitment process.

Responsibilities

Build and maintain a mature ML/TF Insights program to provide trusted intelligence to the EAML senior leadership team.
Identify and analyze relevant ML/TF risks and typologies to determine CIBC’s exposure to such risks.
Transform data into actionable insights to support fact-based recommendations and present insights/recommendations to the CAMLO and Senior EAML leadership.
Responsible for the design and execution of targeted insights and intelligence assessments, including the selection of key data metrics, data sources and analytics methodologies to provide robust analysis and credible insights reports.
Provide trusted recommendations and guidance on AML/ATF and Sanction evasion strategies based on the insights and intelligence produced by the team.
Provide subject matter expertise to internal partners on strategic projects and change management initiatives including new products and services, and regulatory change impact assessments.
Liaise with industry professionals, associations, and regulators to establish best practices for insights and intelligence reporting.
Provide leadership and effective management of the Risk Insights team to influence employee commitment to the organization, to the team, and to their job.
Develop and implement strategic team goals.
Coach employees and inspire successful team performance.