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Illinois Staffing

Head of US Regulatory Reporting

Illinois Staffing, Chicago, Illinois, United States, 60290

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Head Of Us Regulatory Reporting

The Head Of Us Regulatory Reporting is responsible for overseeing and managing all aspects of regulatory reporting for the bank's US operations. This senior leadership role ensures that the bank complies with all applicable US regulatory requirements, including those set by the Federal Reserve, FDIC, and other relevant agencies. The role involves leading a team, collaborating with cross-functional departments, and serving as a key liaison with regulators and internal stakeholders. This role regularly interacts with senior executives and management of CIBC US and global CIBC. To successfully perform the work, you'll be on-site in our Chicago, IL office up to three times a week. Regulatory Reporting Oversight

Lead the preparation, review, and submission of all required US regulatory reports (e.g., FR Y-9C, FR Y-9LP, Call Reports, FR Y-15, FFIEC 009, FFIEC 019). Ensure accuracy, completeness, and timeliness of all regulatory filings. Interpret new and evolving regulatory requirements and assess their impact on reporting processes. Team Leadership

Manage, mentor, and develop a high-performing regulatory reporting team. Allocate resources and set priorities to meet reporting deadlines and quality standards. Stakeholder Collaboration

Work closely with Finance, Risk, Compliance, Technology, and Business Units to gather data and ensure consistency across reports. Act as primary point of contact for US regulatory agencies during examinations and inquiries. Process Improvement

Identify and implement process enhancements and automation opportunities to improve efficiency and data integrity. Maintain and update policies, procedures, and controls related to regulatory reporting. Risk Management & Governance

Monitor regulatory developments and proactively address potential compliance gaps. Ensure robust controls are in place to mitigate reporting risks and support internal/external audits. You have a Bachelor's degree in Accounting, Finance, Business, or related field (Master's or CPA preferred). You have at least 10+ years of experience in regulatory reporting within banking or financial services, with at least 5 years in a leadership role. You possess deep knowledge of US banking regulations and regulatory reporting requirements. You have exceptional analytical, project management, and communication skills. You have experience with regulatory reporting systems and data management tools. You have proven ability to interact effectively with regulators and senior management. At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $180,000K - $200,000K for the Chicago, IL market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members. This position does not offer visa sponsorship.