Senior Associate, Capital Markets Compliance
CIBC in Toronto, ON
We're on a mission to build the relationship-focused bank of the future and we're looking for the passionate collaborators, innovators, advisors, and leaders who can get us there. Our distinct culture is built on a shared commitment to do what's right for our clients, our people, and our communities, and we strive for excellence in everything we do. Because life at CIBC is not only what you do, but how you do it.
To learn more about CIBC, please visit CIBC.com
What You'll Be Doing
Capital Markets Compliance is responsible for providing independent oversight of compliance with applicable laws, rules and regulations by the Capital Markets, Wholesale Banking business unit within Canada. The Senior Associate is responsible for providing advice and guidance on regulatory requirements to Capital Markets personnel. You will primarily focus on cross asset surveillance and should have a good understanding of equities, fixed income and derivatives (both listed and OTC). You will also assist in identifying, reducing and managing regulatory and reputational risk. The Senior Associate must be able to work independently with minimal direction, to interact with front office personnel and to understand the bigger picture issues.
How You'll Succeed
- Monitoring Business Activity - Conduct in depth Compliance reviews and investigations including gathering data, interviewing personnel, interpreting information, documenting and reporting results and recommending appropriate courses of action to CM Compliance management. Coordinate the compilation of information for regulatory investigations and significant regulatory requests for information including determining the requirements, requesting and gathering information, vetting the accuracy and completeness of information, analyzing the information and preparing draft responses for review and approval. Review new and changing regulatory requirements as requested by CM Compliance management including assessing their potential impact on the business and recommending appropriate courses of action for consideration.
Be a Trust Advisor - Collaborate with Technology and front office personnel on the development and implementation of solutions to address new regulatory requirements, second line of defense monitoring and surveillance capabilities. Review new and changing regulatory requirements as requested including assessing potential impacts on the business and recommending appropriate courses of action for consideration.
Ownership - Develop and maintain CM Compliance manuals, policies, guidelines and procedures to reflect the current regulatory requirements. Escalate significant compliance issues or material incidents of non-compliance to the Senior Director of surveillance promptly including recommendations for corrective action.
Relationship Building - Establish and maintain relationships with industry colleagues and regulatory organizations, and participate in appropriate industry committees and working groups.
Who You Are
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
- You can demonstrate experience and knowledge of equities, fixed income and derivative sales and trading practices gained at a bank, investment dealer, regulator or marketplace. Five years of experience in capital markets compliance and experience developing and documenting Compliance policies and procedures.
- You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
- You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
- You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
What CIBC Offers
At CIBC, our people are our greatest asset. You'll become part of a diverse community that acknowledges everyone's unique talents, and empowers teams to do what's right for the client, and to do it well. As part of our team, you will:
- Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
- Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
- Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
- Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
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 during the application or interview process, please contact Mailbox.firstname.lastname@example.org
- You need to be legally eligible to work in Canada at the location(s) specified above and, where applicable, must have a valid work or study permit
- This is a regular full time role with a schedule of 37.5 hours each week.