Director Tax Operational Risk & Regulatory Compliance
About The Position
The Director, Tax Operational Risk & Regulatory Compliance is a comprehensive leader responsible for providing specialized advice on a wide range of tax risk management issues. The Director, Tax Operational Risk & Regulatory Compliance is responsible for monitoring regulatory developments and overseeing CIBC Taxation’s adherence to enterprise-wide regulatory compliance management policies. The Director, Tax Operational Risk & Regulatory Compliance will work closely with Tax Advisory and International Tax & Transfer Pricing colleagues to assess tax risk management issues and advise Strategic Business Units on tax operational requirements. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
Requirements
- Certified professional with current accreditation and good standing in the CPA designation or a Bachelor of Law degree.
- Approximately 7 years of experience or tax experience.
- Demonstrate experience with US taxation matters impacting financial products, including IRS 871(m).
- Excellent research and analytical skills.
- Advanced problem-solving skills and ability to implement the solutions.
Nice To Haves
- Completed Levels I and II of the CPA Canada In-Depth Tax Course or Master of Taxation.
- Knowledge of FATCA and Qualified Intermediary (QI) regimes.
- Exposure to the financial services industry.
- Candidates with less experience but who have a strong interest and desire to learn the financial services business.
Responsibilities
- Monitor regulatory developments, analyze and assess the impact of changes and support CIBC Taxation’s adherence to enterprise-wide regulatory compliance management policies.
- Provide support to Capital Markets Operations & Tax Operations colleagues relating to US tax compliance and reporting (US withholding & Qualified Intermediary requirements).
- Provide guidance to Legal and Capital Markets colleagues relating to any tax representations required in trading documentation or other legal agreements.
- Manage key areas of tax operational risk and provide recommendations to business partners.
Benefits
- Competitive salary
- Incentive pay
- Banking benefits
- Benefits program
- Defined benefit pension plan
- Employee share purchase plan
- 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
Director
