Senior Compliance Advisor; Commercial Banking

Overview

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  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

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.

• 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

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

• 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.

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. This includes:

• Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
• At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
• Completing all annual Corporate Mandatory Training and Testing…