Senior Analyst, Business Controls (1-Year Contract)

CIBC•Toronto, ON

4d•Hybrid

About The Position

Reporting to the Senior Manager, Business Controls, this role requires an Analyst responsible for performing compliance monitoring reviews within timelines and standards governed by Business Controls methodologies to support CIBC Asset Management (CAMI). The role also involves delivering continuous, insightful, and actionable analytics of review activities to support compliance monitoring and overseeing new initiatives undertaken by the team. CIBC aims to provide an optimal work environment for employees to thrive.

Requirements

University degree in Accounting, Finance, or Business.
Demonstrated experience of two plus years of asset management compliance reviews, or related experiences.
Working knowledge of different financial markets, asset classes, National Instrument 81-102, National Instrument 31-103, and National Instrument 81-107, and relevant OSC Staff Notices.
Ability to accurately assess sensitive requests within strict and often competing timelines.
Ability to prioritize workload/tasks accordingly in a fast-paced and pressured environment.
Exceptional communication and inter-personal skills to build working relationships across Business Controls internal and external stakeholders by demonstrating CIBC Core Values of Trust, Teamwork, and Accountability.
Ability to clearly document complex occurrences in a report.
Legally eligible to work at the specified location(s) and, where applicable, must have a valid work or study permit.

Nice To Haves

Understanding of Asset Management Investment Compliance.

Responsibilities

Performing compliance monitoring reviews within timelines and standards governed by Business Controls methodologies to support CIBC Asset Management (CAMI).
Delivering continuous, insightful, and actionable analytics of review activities to support compliance monitoring activities.
Oversight on new initiatives undertaken by the team.
Tier one investment compliance monitoring, controls testing, risk assessment, and due diligence of all mutual funds and other portfolios managed by CAMI, including sub-advised funds, in accordance with regulatory requirements, Business Controls’ compliance monitoring methodology, risk rating, and the annual monitoring plan.
Assessing whether adequate key controls are in place and operating effectively.
Performing, completing, and documenting review and test results on a timely basis to assist the Business Controls team.
Assessing significant changes at an early stage, identifying new or emerging trends and/or risks.
Proposing recommendations to enhance operational processes and controls.
Seeking resolution and implementation of action plans to address highlighted observations.
Ensuring adherence with legal and regulatory requirements, corporate policies, and guidelines mutually agreed by the business and portfolio managers.
Accurately producing reports within tight deadlines to a standard required for regulatory reporting and filings.
Sharing knowledge and assisting team members with their reviews and implementing changes to strengthen processes.
Ensuring working files are documented clearly for other internal and external compliance teams to understand and rely upon consultation.