Director EAML RCM Deficiencies and Controls
Director EAML RCM Deficiencies and Controls
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Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
What youll be doing
As the Director EAML RCM Deficiencies and Controls you will lead a team of AML experts to design and oversee the Regulatory Compliance Management program ML/TF & Sanctions Deficiency Management program and will manage the effective documentation and reporting on the control environment globally. You will build standard approaches to the implementation of the RCM program ensuring compliance with the RCM Policy and effective and sustainable processes. You will be the Control Expert and ensure appropriate documentation and design for EAML owned controls. You will ensure appropriate oversight on Deficiencies and examinations and approve the quality review/validation of Deficiencies being closed. You will generate reporting for the CAMLO and senior leadership and develop insights from the data in your portfolio to improve the programs.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of onsite and remote work) will be discussed at the time of your interview.
How youll succeed
Portfolio management Own and manage your portfolio from end to end and implement effective risk based approaches to compliance with Bank policies including developing and managing an integrated strategic and effective approach to the AML ATF and Sanctions RCM program globally that includes oversight of regional activities alignment of various risk management activities into the RCM program (Annual Risk Assessment Control Testing etc. and insightful reporting.
Partnership support Oversee the accurate and timely response to requests from areas of the Bank (GORM Risk Compliance etc. including Risk and Control SelfAssessment (RCSA) and support the CAMLO and SLT in attestations regarding Key Controls owned by EAML.
Issue management Manage the oversight of Issues with ML/TF & Sanctions risk; ensuring quality through effective challenge and where required validation of artifacts. Support the CAMLO in approval of Issue closures/remediation.
People leadership Be an inspiring and effective people leader empowering the team and providing strategic direction while actively identifying streamlining opportunities.
Data oversight & reporting optimization Own the data for ML/TF & Sanctions Issues and the Regulatory and Control Libraries. Optimize reporting of the portfolio activities/components to provide meaningful insights and recommendations.
Controls oversight & monitoring Oversee EAML Controls ensuring that Controls owned and performed by EAML are accurately documented. Perform effective challenge on identification documentation and monitoring activities in place for Key Controls for AML/ATF & Sanctions in the RCM Control Library liaising with advisory and other subject matter experts in EAML.
Compliance driven & strategic mindset Escalate and provide recommendations regarding compliance to the Banks requirements including its oversight responsibilities. Develop and implement a program for oversight and coordination of internal exams and testing leveraging information from across EAML and partners to enhance value.
Continuous improvement Proactively identify and implement improvements such as training communication or other activities that enhance the AML/ATF & Sanctions program globally.
Who you are
Its an asset if you have ACAMS or ACFCS.
You can demonstrate experience in Internal controls risk management and deficiency management. Its an asset if you have experience with an AML RCM program.
Youre passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
You know that details matter. You notice things that others dont. Your critical thinking skills help to inform your decision making.
You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
You act like an owner. You thrive when youre empowered to take initiative go above and beyond and deliver results.
You are a caring and accountable leader. Youre passionate about developing and coaching to bring out the best in people. You have led diverse high performing teams.
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
#LITA
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* defined benefit pension plan* an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social pointsbased 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
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 attributebased assessment and other skills tests (such as simulation coding French proficiency 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
Toronto81 Bay 29th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Accountability Communication Control Self Assessments Internal Controls Key Control Management Reporting People Management Regulatory Compliance Management Risk Assessments Risk Management Time ManagementRequired Experience:
Director
Employment Type
Full-Time
