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CIBC

Senior Compliance Advisor

CIBC, Chicago, Illinois, United States, 60290

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Senior Compliance Advisor

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CIBC

Base pay range $130,000.00/yr - $150,000.00/yr

This role requires a deep understanding of commercial banking regulations, enterprise risk management, and leadership skills to guide the first line of defense and collaborate across functional areas. This advisory role supports all commercial and specialty banking lines of business, including - but not limited to - commercial real estate, specialty lending and treasury management.

KEY ACCOUNTABILITIE

Support the Bank's compliance with all applicable federal, state, and local banking regulations and other relevant regulatory framework

Monitor and analyze changes in regulations and ensure the Bank's policies and procedures are updated accordingly

Provide guidance and interpretation of regulations to internal stakeholders, ensuring that all departments are aware of their compliance obligations

Assist with the development of content of compliance training programs for employees, management, and the board of directors

Oversee the complaint management program and lead research and response of regulatory-related complaints, including responses to regulatory agencies

Support the execution of the bank’s compliance risk assessments to identify potential areas of compliance vulnerability and risk, and develop corrective action plans for resolution

Support preparation of regular compliance reports to compliance and risk executive management and relevant risk committees, highlighting key risks, issues, and progress on compliance initiatives

Monitor industry trends, best practices, and regulatory developments to proactively enhance the bank's compliance program

Drive continuous improvement initiatives to streamline compliance processes, reduce risk, and increase efficiency.

COMPLIANCE REQUIREMENTS/RESPONSIBILES

As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls

CONDUCT & CULTURE RISK Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes

At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategy

Understanding and following the qualitative and quantitative components of our Risk Appetite Statement

KNOWLEDGE

Proven leadership and management experience, with a track record of successfully leading compliance teams

Ability to exercise a high degree of independent judgement and make sound decisions

High level interpersonal, communication and problem-solving skills, including effective engagement with all levels of the organization, including senior management, board of directors and regulators

Extensive knowledge of applicable banking laws and compliance and enterprise risk f

Minimum of 12 years of experience in compliance, risk management, or legal roles within the banking or financial services

Bachelor’s degree in Business, Finance, Law, or a related field (Master’s or JD).

At CIBC, we offer a competitive total rewards package. This role has an expected salary

range of $130,000K - $150,000

for the 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.

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program. Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth a

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com. You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work permit.

We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office).

Seniority level Mid-Senior level

Employment type Full-time

Job function Other

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Disability insurance

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