Senior Compliance Advisor (Commercial Banking) job opportunity at CIBC.



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CIBC Senior Compliance Advisor (Commercial Banking)
Experience: 12-years
Pattern: full-time
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loacation Chicago, IL, United States Of America
loacation Chicago, IL....United States Of America

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 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 roles supports all commercial and specialty banking lines of business, including - but not limited to - commercial real estate, specialty lending and treasury management. At CIBC we enable the work environment most optimal for you to thrive in your role.  You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 3 days per week on-site, while other days will be remote. What You'll Be Doing Support the Bank's compliance with all applicable federal, state, and local banking regulations and other relevant regulatory frameworks 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. Ensure that all compliance-related documentation, including policies and procedures, is accurate, up-to-date, and readily accessible Mentor and develop junior compliance team members, fostering a culture of continuous improvement and professional growth Work closely with other departments, including Legal, Risk Management, Internal Audit, and Infrastructure groups, to ensure a coordinated approach to compliance across the bank Serve as a subject matter expert on compliance-related issues, providing advice and support to business units on the development and implementation of compliant processes and procedures Participate in strategic planning initiatives, providing compliance insights to support the bank's growth and operational goals Lead investigations into compliance violations or breaches, ensuring timely and thorough resolution of issues 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 Regular contact with industry professionals to discuss and benchmark similar risks, processes and issues COMPLIANCE REQUIREMENTS/RESPONSIBILITIES As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.   AUTHORITIES/DECISION RIGHTS  As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness. 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. Who You Are 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 Expert 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 frameworks Ability to drive innovation or new ideas across areas of responsibility Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly-changing environment Bachelor’s degree in Business, Finance, Law, or a related field (Master’s or JD preferred). Minimum of 12 years of experience in compliance, risk management, or legal roles within the banking or financial services industry. Bachelor’s degree in Business, Finance, Law, or a related field (Master’s or JD preferred). Advanced Excel, Word, and PowerPoint skills CRCM preferred California residents — your privacy rights regarding your actual or prospective employment At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $130,000 - $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. This position does not offer visa sponsorship. #LI-TA What CIBC Offers 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 and development. *Subject to plan and program terms and conditions What you need to know 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 or study permit . We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us. Job Location IL-70 W Madison St, 10th Fl Employment Type Regular Weekly Hours 40 Skills Advisory Services, Compliance Assessments, Leadership, Process Improvements, Regulatory Compliance, Risk Compliance, Software Testing Process, Strategic Objectives, Technical Knowledge

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