Sr. AML Analyst, Sanctions
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. You’ll be joining CIBC EAML Sanctions team. You’ll provide timely and proactive advice and independent oversight of CIBC’s compliance with applicable regulatory requirements. As the Sr. Analyst, AML you’ll be responsible for liaising with businesses across the enterprise and accessing various internal systems, in order to obtain supporting information and/or documentation in order to support your recommended investigation outcome. You’ll assist in the design, development, and implementation of strategies to mitigate AML risks, enterprise-wide based on the financial intelligence gathered through internal and external sources. 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
- Experience in consumer related regulatory/compliance requirements, policies, procedures and methodologies, sufficient to draft strategies and provide advice to business management in resolving regulatory compliance risks and issues.
- Knowledge of Anti-money Laundering and terrorist financing framework.
- Experience in dealing with a wide variety of payments types and transactions types.
- Excellent proficiency with computer software such as Microsoft Word/ Excel/ PowerPoint/ SharePoint.
- Legally eligible to work at the location(s) specified and, where applicable, must have a valid work or study permit.
Nice To Haves
- Systems/application knowledge of COINS, ECIF, SWIFT, PRM, PostEdge, WorldCheck etc.
Responsibilities
- Provide timely and proactive advice and independent oversight of CIBC’s compliance with applicable regulatory requirements.
- Liaise with businesses across the enterprise and access various internal systems to obtain supporting information and/or documentation to support recommended investigation outcomes.
- Assist in the design, development, and implementation of strategies to mitigate AML risks, enterprise-wide based on financial intelligence gathered through internal and external sources.
- Research new and pending laws, regulations and industry commitments ensuring that relevant issues and organizational risks are identified.
- Provide timely and ongoing identification, risk assessment, and communication of changing regulatory requirements.
- Work with business management to establish an appropriate regulatory compliance culture and help the business to ensure that compliance risk and control processes are effective and cost-efficient.
- Consult, oversee and monitor resolution of complex or contentious regulatory compliance issues.
- Draft action plans to address non-compliance issues and provide recommendations.
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
Education Level
No Education Listed
