Regulatory Compliance Management Officer

CIBCChicago, IL
1dHybrid

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. To learn more about CIBC, please visit CIBC.com The Regulatory Compliance Management (RCM) Officer will assist in the implementation and management of CIBC’s Regulatory Compliance Management Program (RCM Program). The RCM Program establishes CIBC’s firmwide approach to compliance risk oversight and assessment of compliance risk in the US Region. 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

  • Bachelor’s degree in Business, Finance, Law or related field; advanced degree preferred.
  • 6+ years’ experience in regulatory compliance, risk management, or compliance audit/testing role with a large banking or financial services organization.
  • In-depth knowledge of US federal and state banking regulations.
  • Strong analytic, problem-solving, and communication skills.
  • Ability to manage multiple priorities in a dynamic environment.
  • Advanced proficiency in Microsoft Excel, Word, and PowerPoint; experience with data analytics, visualization, and reporting is preferred.
  • Experience with GRC platforms supporting regulatory inventory management, risk assessment, change management, and quality control.

Responsibilities

  • Risk Assessment & Quality Control – Conduct effective challenge and quality control reviews of risk assessments to ensure timely identification and remediation of errors and missing information.
  • Regulatory Inventory Management – Manage the ongoing review, validation, and enhancement of the US Region regulatory inventory within the GRC platform, ensuring requirements, obligations, controls, and related data fields are current and accurately mapped.
  • Regulatory Change Management – Direct the assessment and response to new or amended regulatory developments, facilitating impact analysis, stakeholder communication, and timely implementation of compliance actions.
  • Risk Reporting – Prepare and deliver timely and accurate reports of risk assessment results and program metrics to stakeholders and management.
  • Stakeholder Engagement – Build and maintain strong working relationships with business partners, providing support and effective challenge on RCM Program processes, regulatory changes, risk assessments, controls, and deficiencies.
  • Training – Develop and deliver training on risk assessment methodology and regulatory change management processes.

Benefits

  • At CIBC, we offer a competitive total rewards package.
  • This role has an expected salary range of $115K - $135K for the market based on experience, qualifications, and location of the position.
  • The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component.
  • CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
  • At CIBC, your goals are a priority.
  • We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.
  • We aspire to give you a career, rather than just a paycheck.
  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
  • Subject to plan and program terms and conditions
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