"Alerted.org

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 (https://www.cibc.com/en/about-cibc.html)

What you'll be doing

This role is to lead the CIBC US Finance regulatory reporting quality assurance program that helps ensure the accuracy, completeness, and timeliness of the reporting submissions that include but are not limited to the FFIEC 041, FFIEC 009, FFIEC 002, FR 2052a, FR-Y-9C, FR Y-11, and FR Y-15. The primary focus is to lead in the development and execution strategies to monitor, test, and report on relevant regulatory reporting compliance risks. The position will involve frequent interaction with regulatory reporting process owners and stakeholders to promote report accuracy and process improvements that enhance the regulatory reporting control environment.

As needed and applicable, the role will provide advice on requirement interpretations, control considerations, and issue resolution as well as assistance with regulator and audit interactions when applicable. The role will also contribute to, or participate in Controllership Governance routines and initiatives focused on improving monitoring, testing, and reporting processes. The role reports to the Head of US Finance Business 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 may be remote._

How you'll succeed

+ Lead the assessment of regulatory reporting compliance risks and develop risk based monitoring and testing plans.

+ Lead the performance and documentation QA Planning of assigned regulatory report reviews.

+ Perform and document end-to-end regulatory process and transaction testing.

+ Deliver clear and actionable review results and process feedback from stakeholders.

+ Ensure timely delivery of high-quality deliverables that include risk assessment, testing, and review workpapers; reports.

+ Help advise on regulatory reporting requirement interpretation and control environment considerations.

+ Assist the Regulatory Reporting team with regulatory exam preparation and related remediation efforts as it pertains to the reg reporting quality assurance program.

+ As appropriate, assist 2nd line Risk and Internal Audit with their evaluation of regulatory reporting matters.

+ Maintain the needed regulatory reporting process understanding, requirement knowledge, and awareness of regulator expectations.

+ As appropriate, contribute to broader Governance & Oversight routines and initiatives focused on improving monitoring, testing, and reporting processes.

+ Be capable of applying a risk based, solution oriented, and continuous improvement mindset.

+ Perform other duties and/or special projects as assigned related to regulatory reporting governance and compliance management led by the second line.

Who you are

+ You have a Bachelor’s degree in Accounting or Finance. CPA preferred.

+ You possess strong knowledge of regulatory reporting requirements, processes, and regulator expectations.

+ You have minimum 5+ years experience in the banking or financial services industry with experience focused on regulatory reporting.

+ You show excellent analytical and problem solving skills.

+ You are able to manage multiple projects/priorities and drive each to completion.

+ You have experience with regulatory examinations.

+ You portray excellent oral and written communication skills.

+ You exhibit strong Microsoft Office Skills, knowledge of SAP and Alteryx is a plus.

_At CIBC, we offer a competitive total rewards package. This role has an expected salary range of_ **$130,000 - $150,000K** _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._

\#LI-TA

California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)

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 [email protected]

+ 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-120 S LaSalle St, 5th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Compliance Management, Compliance Reporting, Continuous Improvement, Management Reporting, Planning, Quality Assurance (QA), Regulatory Reporting, Reporting Processes, Reporting Requirements, Risk Assessments

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.