Manager, EAML Examination

CIBC•Toronto, ON

3d•Hybrid

About The Position

The Compliance and EAML Examination Program (CEEP) team is a specialized group within the Compliance Department, comprising several multi-skilled examination teams, including the Enterprise Anti-Money Laundering (EAML) Examination team. This team is responsible for executing compliance examinations across various Lines of Business (LOBs), with the objective of independently assessing the design and operating effectiveness of management’s control environment and adherence to regulatory requirements, such as those outlined in the Proceeds of Crime (Money Laundering and Terrorist Financing Act (PCMLTFA) and its associated Regulations (PCMLTFR). As the Manager, EAML Examinations, reporting to the Director, EAML Examinations, you will be responsible for conducting compliance testing of CIBC businesses and activities in accordance with the CEEP methodology. Your role will ensure adherence to CIBC’s Anti-Money Laundering, Anti-Terrorist Financing, and Sanctions Policy requirements, associated standards and guidelines, relevant sections of applicable laws and regulations, and any directives issued by FINTRAC or other regulatory bodies. The Manager, EAML Examinations will possess a strong understanding of regulatory requirements, as well as knowledge of CIBC’s lines of business, Governance Groups, and Oversight Functions.

Requirements

Demonstrated experience leading examinations, audits, or compliance reviews.
Proficiency in AML/ATF and Sanctions-related legislation and regulations is required.
University Degree, College Diploma, or equivalent work experience, with a minimum of three years in the financial, compliance, or audit industry.
Maintain current accreditation and good standing with ACAMS, ACFCS, CPA, or CIA.
Enjoy investigating complex problems and are confident in communicating detailed information effectively, including through data analysis.
Apply critical thinking and reasoned judgment to reach sound conclusions.
Continuously evolve your approach and embrace new ways of working to deliver your best.
Bring your real self to work and you live our values - trust, teamwork, and accountability.
Legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

Nice To Haves

Experience with testing AML/ATF controls and methodologies is highly advantageous.

Responsibilities

Plan and conduct examinations to evaluate the effectiveness of processes, controls and compliance with regulatory requirements.
Share your expertise and support team members with their examinations; contribute to enhancements that strengthen the EAML Testing Program.
Promote an environment where diverse opinions are valued.
Demonstrate strong verbal and written communication abilities.
Effectively engage with various lines of business regarding AML/ATF and Sanctions requirements and communicate examination results clearly.
Establish and maintain positive working relationships with LOBs, Advisory partners, Internal Audit, and other Governance partners during examinations.
Prepare and submit comprehensive reports to the LOB examined, detailing findings, ratings, and recommended remedial actions to address identified issues.

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