Cibc

Financial Services

Director,Compliance

CA$175–275k ~AI est. Toronto, Ontario, Canada FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Director candidates.

The Brief

“Director, Compliance at Cibc. Skills: Regulatory Compliance, Risk Management, Compliance Oversight. Lead assessment of development and introduction of new. Lead assessment of introduction of new services”

Industry & Context.

Financial Services

What They're Looking For.

Must Have

Demonstrate experience in CIBC’s and Simplii Financial organizational structure, Demonstrate experience in organizational initiatives within assigned business area(s), Demonstrate experience with new products, technologies and applications, Demonstrate experience with implications of new products, technologies and applications

Nice to Have

Knowledge of regulatory/compliance policies, Knowledge of procedures and methodologies, Experience in Audit, Experience in Internal Control, Experience in Legal, Experience in Compliance for a financial institution

What You'll Do.

Lead assessment of development and introduction of new

Lead assessment of introduction of new services

Advise on mitigating controls

Timely and on-going identification of regulatory changes

Risk assessment of regulatory changes

Communication of changing regulatory requirements

Effective and timely discussion of regulatory compliance risks

Escalation of regulatory compliance risks

Reporting of regulatory compliance risks

Establish appropriate regulatory compliance culture

Support business in achieving strategic objectives

Ensure effective management of regulatory compliance risk

Ensure effective management of control processes

Analyze new and pending laws

Analyze pending regulations

Analyze industry commitments

Identify relevant issues

Identify organizational risks

Raise issues for consideration by management

Formulation of policies

Formulation of procedures

Revision of procedures

Formulation of other control measures

Revision of other control measures

Provide advice in developing policies

Provide advice in developing procedures

Provide advice in developing training

Provide advice in developing communications

Provide recommendations in developing policies

Provide recommendations in developing procedures

Provide recommendations in developing training

Provide recommendations in developing communications

Provide assistance in developing policies

Provide assistance in developing procedures

Provide assistance in developing training

Provide assistance in developing communications

Oversee satisfactory resolution of complex issues

Oversee satisfactory resolution of contentious issues

Oversee satisfactory resolution of sensitive regulatory compliance issues

Monitor satisfactory resolution of complex issues

Monitor satisfactory resolution of contentious issues

Monitor satisfactory resolution of sensitive regulatory compliance issues

Report significant compliance issues

Report regulatory risks

Report Regulatory Compliance Issues (RCIs)

Provide coverage for the Senior Director

How You'll Work.

Team & Collaboration

Work with businesses; Work with product team

Communication Scope

Reporting

Full Job Description

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. To learn more about CIBC, please visit [CIBC.com](https://www.cibc.com/en/about-cibc.html) **What you’ll be doing** Risk Management is accountable on matters relating to the independent oversight of the management of risks inherent to CIBC’s activities. These risks include, but are not limited to, ensuring that effective processes are in place for the identification, management, measurement, monitoring and control of operational, regulatory, reputation and legal, strategic, market, credit, investment and liquidity risk, collectively “CIBC Risk”, incurred by CIBC’s retail and wholesale businesses, infrastructure and corporate governance groups. The Compliance Department provides timely and proactive advice and independent oversight of CIBC’s compliance with applicable regulatory requirements. Together with the businesses, the Compliance Department works to manage and mitigate regulatory risk. Reporting to the Senior Director, Deposits and Investments, the Director provides specialized expertise, advice, strategy, and independent monitoring and oversight regarding regulatory compliance with market conduct obligations primarily involving retail deposit products (including bank accounts, GICs, other investment products; both registered and non-registered, debit cards and overdraft) for Simplii Financial. Additional accountabilities may include oversight of various other sundry products/services offered by Simplii Financial and in providing assistance to the Senior Director with other oversight responsibilities under the portfolio. The incumbent may also provide coverage for the Senior Director dur

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