Senior Compliance Officer, CPIC Compliance
About The Position
As a Senior Compliance Officer within the Commercial Banking and Wealth Management Compliance (CBWMC) team, you'll support the independent oversight of compliance for CIBC Private Investment Counsel (CPIC), a division of CIBC Asset Management Inc. (GAM). You'll leverage your advanced understanding of portfolio manager regulatory obligations, investment products, and strategies to monitor, advise, and report on regulatory and business requirements, CIBC corporate policies, and standards of business ethics and conduct. Reporting to the Director, Global Asset Management Compliance, you'll help foster a strong culture of compliance by delivering an efficient and effective compliance program, which includes policies, procedures, active engagement with business partners, and awareness training. You'll provide practical compliance advice and effective challenge on CPIC business activities and new initiatives, monitor and assess risk reports, identify trends and gaps, and support enhancements or remediation through robust compliance controls and procedures. Staying current on changes in relevant laws, regulations, and industry standards impacting CPIC, you'll implement necessary enhancements. You'll also build and maintain trusted-advisor relationships with stakeholders across Investment Counsellors, Legal, Business Controls, Risk, Technology, Infrastructure & Innovation, delivering consistent, timely, and accurate guidance on projects and initiatives. Collaboration with Compliance and EAML Examinations teams will be key as you help design independent testing processes for investment compliance and assist with periodic reporting to senior management.
Requirements
- University degree.
- 5-10 years of experience in financial services, asset management, and/or compliance, preferably in a similar role.
- Demonstrated experience in compliance, risk management, or legal within the investment or financial services industry.
- Strong knowledge of the Canadian regulatory environment as it relates to Wealth Management.
- Proven history of working independently with strong problem-solving skills to achieve objectives.
- Bring your real self to work, and live CIBC's values - trust, teamwork, and accountability.
- Legally eligible to work at the location(s) specified and, where applicable, must have a valid work or study permit.
Nice To Haves
- Experience within a Private Wealth Management division of a bank is an asset.
- Industry investment, compliance, or finance-related courses (e.g., CSC, CIM, CFA, FRM) are an asset.
Responsibilities
- Support the independent oversight of compliance for CIBC Private Investment Counsel (CPIC).
- Monitor, advise, and report on regulatory and business requirements, CIBC corporate policies, and standards of business ethics and conduct.
- Deliver an efficient and effective compliance program, including policies, procedures, active engagement with business partners, and awareness training.
- Provide practical compliance advice and effective challenge on CPIC business activities and new initiatives.
- Monitor and assess risk reports, identify trends and gaps, and support enhancements or remediation through robust compliance controls and procedures.
- Stay current on changes in relevant laws, regulations, and industry standards impacting CPIC and implement necessary enhancements.
- Build and maintain trusted-advisor relationships with stakeholders across Investment Counsellors, Legal, Business Controls, Risk, Technology, Infrastructure & Innovation.
- Deliver consistent, timely, and accurate guidance on projects and initiatives.
- Collaborate with Compliance and EAML Examinations teams to design independent testing processes for investment compliance.
- Assist with periodic reporting to senior management.
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
Senior
