US Sanctions Analyst
About The Position
CIBC is seeking a Sanctions Analyst to support sanctions screening and regulatory compliance. The role reviews escalated alerts, researches individuals and entities, and assesses transactions against applicable sanctions requirements, internal policies, and screening guidance. The analyst investigates potential matches, determines whether alerts are false positives or need escalation, and documents findings clearly and accurately. The position works with colleagues across Compliance, Operations, and business teams to gather information and resolve alerts promptly. The analyst contributes to a strong risk culture through investigative thinking, high-quality work, and identification of opportunities to improve processes and controls. The position is hybrid, with three days per week on-site and other days remote, and is based in Chicago, Illinois. The role is not eligible for employment sponsorship.
Requirements
- Experience in compliance, financial crime, banking operations, risk management, sanctions screening, or another analytical environment.
- A degree or diploma in business, finance, law, criminology, political science, economics, or a related field.
- Legally eligible to work at the specified location and, where applicable, hold a valid work or study permit.
Nice To Haves
- Exposure to anti-money laundering, know your client, fraud, or investigative work.
- Strong investigative and critical-thinking skills, attention to detail, and ability to communicate detailed information meaningfully.
- Ability to work collaboratively and support collective success.
Responsibilities
- Review and disposition Level 2 sanctions screening alerts and Level 1 client batch screening alerts accurately and promptly.
- Research individuals, entities, vessels, geographies, and transactions to determine whether alerts are true matches, false positives, or require escalation.
- Analyze customer, transaction, and counterparty information against sanctions lists, internal policies, and regulatory requirements.
- Escalate potential true matches, complex scenarios, and policy exceptions to senior analysts or management according to established procedures.
- Document reviews consistently and thoroughly, maintaining complete files that support audit, regulatory, and internal reporting requirements.
- Collaborate with Compliance, Operations, and business units to obtain relevant information and resolve alerts effectively.
- Contribute to regulatory compliance activities and cross-functional examinations as needed.
- Identify trends, recurring screening issues, data quality concerns, and opportunities to improve processes.
- Participate in quality assurance feedback loops, apply corrective actions, and recommend business-process enhancements.
Benefits
- Medical, dental, and vision insurance
- Health Savings Account
- Life insurance
- Disability and other insurance plans
- Paid time off, including sick leave, parental leave, and vacation
- Paid holidays
- 401(k)
- Potential eligibility for incentive compensation, which may include a discretionary bonus
- Banking benefits
- Wellbeing support
- MomentMakers social, points-based recognition program
- Purpose Day, a paid day off dedicated to personal growth and development
- Vacation offering
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What This Job Offers
Job Type
Full-time
Education Level
Associate degree
