Sr. Analyst, AML - Neurodiversity Hiring Initiative

Specialisterne • Toronto, ON

5d • CA$66,090 - CA$72,000 • Hybrid

About The Position

You’ll be joining our Financial Intelligence Unit (FIU) Anti-Money Laundering (AML) Investigations 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.

Requirements

• Time management skills to ensure all requests for information from lines of business are fulfilled in accordance to predetermined timelines.
• Effective communication skills in order to document the review and assessment of client relationships and effectively communicate conclusions and next step recommendations.
• Ability to multi-task within a fast-paced environment and manage competing priorities.
• Strong decision-making skills
• Attention to detail
• Intermediate skill level with Microsoft Excel
• Basic to Intermediate skill level with Microsoft Suite of Applications including Word, PowerPoint, Outlook, SharePoint
• Comfortable conducting open source research and documentation on web browsers
• Willing to learn new programs and systems
• Familiar with anti-money laundering knowledge and concepts
• Familiar with CIBC’s organization
• Basic banking knowledge on products and services
• Experience with consumer related regulatory/compliance requirements, policies, procedures and methodologies
• Knowledge of Anti-money Laundering and terrorist financing framework.
• Experience in dealing with a wide variety of payments types and transactions types.

Nice To Haves

• Certifications in Anti-Money Laundering
• Systems/application knowledge of COINS, ECIF, SWIFT, PRM, PostEdge, WorldCheck, etc.

Responsibilities

• Conduct in-depth investigative activities on unusual transactions or events received from CIBC business units, branches, or TMS that may relate to money laundering or terrorist financing.
• Identify, perform analysis, and assess client information to identify potential high risk client relationships such as cash-intensive businesses and individuals, politically exposed persons and non-residents, client holdings and activity.
• Gather, organize and interpret data and/or information, and formulate preliminary conclusions with limited oversight.
• Report unusual transactions or activities to the appropriate money laundering and/or terrorist financing reporting center.
• 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 if complex or contentious regulatory compliance issues

Benefits

• Opportunity for growth within the department in a wide variety of roles with varying skill sets.
• Opportunities for development and skill building through various projects and initiatives
• Opportunities to network and engage with team members across the department through various committees.
• Strong culture of recognition through the MomentMakers platform

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed