Sr. Analyst, AML

CIBC•Toronto, ON

1d•Onsite

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 HREDD. 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

Demonstrated 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.
Demonstrated 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.
Strong sense of curiosity.
Critical thinking skills to inform decision making.
Ability to investigate complex problems and make sense of information.
Ability to communicate detailed information in a meaningful way.
Ability to inspire outcomes by sharing expertise.
Bring your real self to work and live CIBC values - trust, teamwork, and accountability.
Legally eligible to work at the specified location(s) and, where applicable, must have a valid work or study permit.

Nice To Haves

Systems/application knowledge of COINS, ECIF, SWIFT, PRM, PostEdge, World-Check 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.