US Sanctions Analyst

CIBC•Chicago, IL

3d•$64,000 - $80,000•Hybrid

About The Position

The Sanctions Analyst supports CIBC’s Compliance team in managing regulatory risk and protecting the bank, its clients, and the communities it serves. The role reviews escalated sanctions screening alerts, researches individuals and entities, assesses transactions against applicable sanctions requirements and internal guidance, and documents findings. The analyst investigates potential matches, determines whether alerts are false positives or require escalation, and works with partners across Compliance, Operations, and business teams to resolve alerts. The role also supports a strong risk culture through investigative thinking, high-quality work, and process and control improvement. The position is based in Chicago, Illinois, in a hybrid arrangement: three days per week onsite and other days remote. The role is regular employment with a 40-hour workweek. The stated salary range is $64,000–$80,000 USD, depending on experience, qualifications, and location. The successful candidate may be eligible for incentive compensation, potentially including a discretionary bonus. CIBC offers benefits and programs including medical, dental, vision, a health savings account, life and disability insurance, paid time off, sick leave, parental leave, vacation, holidays, and a 401(k).

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.
Ability to investigate complex problems, make sense of information, and communicate detailed information meaningfully.
Attention to detail and critical-thinking skills to inform decision-making.
Ability to work collaboratively and contribute to an inclusive team.
Demonstrate CIBC’s values of trust, teamwork, and accountability.
Must be 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.

Responsibilities

Review and disposition Level 2 sanctions screening alerts and Level 1 client batch screening alerts in a timely and accurate manner.
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 thoroughly and consistently, maintaining complete files that support audit, regulatory, and internal reporting requirements.
Work with Compliance, Operations, and business-unit partners to obtain information and support effective alert resolution.
Contribute to broader regulatory compliance activities and cross-functional examinations as needed.
Identify screening trends, recurring issues, data quality concerns, and process-improvement opportunities.
Participate in quality assurance feedback loops, apply corrective actions, and recommend business-process enhancements.

Benefits

Competitive salary and possible incentive compensation, including a discretionary bonus component.
Medical insurance.
Dental insurance.
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).
Banking benefits.
Wellbeing support.
MomentMakers social, points-based recognition program.
Purpose Day, a paid day off dedicated to personal growth and development.