Sr. Consultant, Business Effectiveness

CIBC•Toronto, ON

2d•Hybrid

About The Position

As Sr. Consultant, Regulatory Initiatives for Commercial Banking and Wealth Management, you will join CIBC’s Chief Administrative Office (CAO) to lead Regulatory Initiatives on behalf of our Commercial Banking and Wealth Management teams by becoming the Regulatory Subject Matter Expert (SME), work collaboratively with our Legal and Compliance partners to challenge interpretation of regulations and develop solutions in compliance with with the regulations and a focus on both our employee and client experience. You will excel at coming up with creative solutions and striking the right balance on adherence to regulatory requirements and helping our employees to deliver on our purpose of helping make our client’s ambitions a reality. You will work with the Project Delivery team, Compliance, and Legal partners to ensure successful implementation of regulatory changes by focusing on adhering to regulatory requirements in the context of how we serve our clients today, and tomorrow. The Sr. Consultant, Regulatory Initiatives is passionate about introducing meaningful change, and developing creative solutions to support sustainment of regulatory compliance with a focus on our employee and client experience. The Sr. Consultant, Regulatory Initiatives will provide leadership on Projects acting as the Regulatory Subject Matter Expert and will help support business requirements, solution development, and the change management strategy to support the introduction and sustainment of upcoming regulatory change,. The Sr. Consultant will also lead post-launch sustainment ensuring the change has been effectively adopted, ownership is appropriately transitioned with the right support model, and that KRIs are in line with expectations. The Sr. Consultant will manage ongoing sustainment and monitoring and simplify our approach in order to accelerate adherence to regulatory change across Commercial Banking and Wealth Management.

Requirements

Critical Thinking
Decision Making
Judgement
Ability to deal with ambiguity and respond in an agile manner
Proven ability to handle complexity and competing priorities with organization, attention to detail, a sense of urgency and strong problem solving skills
Results driven with the ability to motivate, influence and impact decisions
Willing to jump in where you are needed and support the team with a variety of activities to move the work forward
Act like an owner
Thrive when empowered to take the lead, go above and beyond, and deliver results
Put clients first
Engage with purpose to find the right solutions
Go the extra mile
Passionate about people
Find meaning in relationships and surround yourself with a diverse network of partners
Connect with others through respect and authenticity
Understand that success is in the details
Notice things that others don't
Critical thinking skills help to inform decision making
Look beyond the moment
Make decisions and take actions that will make a difference today and tomorrow
Proactively seek new opportunities to define what's possible
Give meaning to data
Enjoy investigating complex problems, and making sense of information
Confident in ability to communicate detailed information in an impactful way
Values matter
Bring your real self to work and live our values – trust, teamwork and accountability

Nice To Haves

Experience in implementation and change management
Ability to synthesize complex regulations and translate them to recommendations through executive level presentations
Experience in process enhancement
Experience in managing strategic key performance indicators (KPIs) and key risk indicators (KRIs)
Experience in managing communications and risks

Responsibilities

Manage and execute Strategic Regulatory Initiatives, delivering on the Chief Administrative Office (CAO) goals across Commercial Banking and Wealth Management.
Take ownership of the Regulatory change impact and ensure alignment to regulations and our strategic goals.
Take a risk-based approach to ensuring ongoing adherence to new regulations while supporting the business goals.
Embed change management methodology and maintain a focus on the employee and client experience, to deliver relevant tools and change tactics that provides the right level of engagement with key stakeholders, while supporting the enterprise in effectively transitioning through the identified change towards the desired end state.
Become the regulatory SME on the new regulations and leverage your experience in implementation and change management to provide leadership, specialized regulatory advice and integration support to key stakeholders and leaders across the enterprise.
Synthesize complex regulations and translate them to recommendations through executive level presentations.
Proactively identify risks and creatively resolve problems by identifying innovative alternatives finding a balance between the client experience and the right level of risk within our Risk Appetite.
Provide analysis and enhancements of strategic processes to support implementation or sustainment approaches and tactics with a focus on simplification and automation where possible to ensure efficiency and effectiveness of ongoing adherence to regulations while supporting our partners across Commercial Banking and Wealth Management.
Manage strategic key performance indicators (KPIs) and key risk indicators (KRIs) to ensure successful delivery and sustainment of initiatives within appropriate spend budgets and in alignment with regulatory requirements.
Act both autonomously and collaboratively.
Forge strong relationships with various teams, by working with internal and external partners, to ensure the development and co-ordination of critical project elements for successful implementation.
Manage communications and risks– proactively, consistently and effectively in order to drive intended impact.
Deal with ambiguity and respond in an agile manner.
Handle complexity and competing priorities with organization, attention to detail, a sense of urgency and strong problem solving skills.
Motivate, influence and impact decisions.
Support the team with a variety of activities to move the work forward.

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