Senior Analyst, Governance, Risk & Controls – Data Reporting & Analytics

CIBC•Chicago, IL

4d•$75,000 - $90,000•Hybrid

About The Position

As a member of CIBC’s team, the Senior Analyst, Business Controls is responsible for supporting the department in the delivery of effective regulatory supervision, risk monitoring, mitigation and consulting, proactively analyzing and recommending enhancements to existing business processes. The role applies comprehensive knowledge and skills to assess risk related to client accounts, providing risk management investigation and corrective action services based on documented procedures that support multi-segment line management. The Senior Analyst, Business Controls exercises independent judgement within defined procedures, making approval decisions based on standardized guidelines outlined in procedures. The role provides recommendations for best practices through experiences and observation, for use by other team members as part of knowledge sharing and to ensure consistency in approach. The role solves business, operational, and technical problems within the scope of their job, escalating unusual cases outside of documented procedures to management.

Requirements

Certified professional with current accreditation and good standing for Canadian Investment Regulatory Organization - Investment Dealer (CIRO-ID) licensing.
Registered with Canadian Investment Regulatory Organization CIRO-ID for a minimum of 2 years.
Demonstrated experience in CIBC internal/external regulatory risk policies, procedures and controls.
Developed research and analysis skills sufficient to identify potential risk issues and trends.
Strong Excel skills.
Current professional knowledge, specifically related to CIRO-ID and CIBC compliance requirements.
Legally eligible to work at the specified location(s) and, where applicable, must have a valid work or study permit.

Nice To Haves

Completion of Derivatives Fundamentals Course (DFC) is considered an asset.
Knowledge of ADP, TOPS, Horizon, IBM CM systems is an asset.

Responsibilities

Conduct daily and monthly reviews within set timelines.
Review daily trades within 24 hours.
Flag activity like manipulative and deceptive trading, lack of suitability, undue concentration of securities, excessive trade activity, restricted account activity, conflict of interest between Financial Advisor and client trading activity, excessive trade transfers, trade cancellations, inappropriate or high risk trading strategies, improper employee trading and front running.
Retain evidence of review, queries, and responses received.
Review of PPS new account documentation & KYC, Tier 1 Trades, KYC Changes, Monthly statement reviews, UMIR.
Perform daily reviews to ensure client holdings are appropriate, based on the established investment threshold.
Liaise with internal CIBC departments such as Compliance, AML, Frontline staff on a regular basis, PWM, CFP, as required.