Senior Director, Compliance & EAML Examination Program

CIBC • Toronto, ON

13d • Hybrid

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.

Reporting to the Vice President, the Senior Director AML Examination is accountable for managing a portfolio of large, highly complex exams and for providing strategic thought leadership, and for leading multi-skilled exam teams. Exam responsibilities include all areas of the examination portfolio. Through day to day activities, the Senior Director will assess quality of business processes, report any related internal control weaknesses, advise examinees of best practices, work collaboratively with the other exam teams under the VP, and, in some cases, lead exams outside of core portfolio while also actively demonstrating support for CIBC’s purpose to help make client and employee ambitions a reality. The Senior Director will play a key role in leading strategic initiatives to further align the examinations program to a Centre of Excellence.

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 2-3 days per week on-site, while other days will be remote.

Requirements

• Thorough knowledge of risk management practices, including enterprise risk management functions.
• Deep knowledge and expertise in AML.
• 10 + years’ experience with auditing in the financial services sector with a focus on Capital Markets, Wealth and Retail Banking.
• Comprehensive understanding of CIBC Regulatory Compliance Management Framework.
• University degree combined with an auditing or accounting designation (CPA, CIA) or a post-graduate business degree (MBA) is preferred.
• Bold and authentic leader.
• Passionate about developing and coaching to bring out the best in people.
• Have led diverse, high performing teams.
• This role leads a small group of seasoned professionals.
• Make decisions and take actions that will make a difference today and tomorrow for the programs and the Team.
• Proactively seek new opportunities to define what's possible.
• Notice things that others don't.
• Critical thinking skills help to inform decision making.
• Values matter to you.
• Bring your real self to work and live our values – trust, teamwork and accountability.
• Compliance Frameworks
• Leadership
• Regulatory Compliance
• Regulatory Requirements
• Reputation Risk Management
• Risk Assessments
• Strategic Advisory

Nice To Haves

• University degree combined with an auditing or accounting designation (CPA, CIA) or a post-graduate business degree (MBA) is preferred.

Responsibilities

• Manage a portfolio of large, highly complex exams.
• Provide strategic thought leadership.
• Lead multi-skilled exam teams.
• Assess quality of business processes.
• Report internal control weaknesses.
• Advise examinees of best practices.
• Work collaboratively with other exam teams.
• Lead exams outside of core portfolio when necessary.
• Lead strategic initiatives to further align the examinations program to a Centre of Excellence.
• Be aware of any upcoming changes in the industry.
• Act as a subject matter expert responding to questions from the business and team regarding AML regulations, best practices and internal policies and procedures.
• Lead and oversee high quality, thorough and timely execution of examinations.
• Evaluate the effectiveness of processes and compliance with regulatory requirements, and identify and recommend areas for improvement.
• Establish and maintain positive working relationships with various LOBs, Compliance partners, Internal Audit and other Governance partners.
• Motivate, direct, and coach multi-disciplined team members to generate high quality work.
• Manage exam staff having a variety of technical specialties.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior