Manager, Sanctions Advisory (12-Month Contract)
Manager, Sanctions Advisory (12-Month Contract)
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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 a Manager Sanctions Advisory you will be reporting to and supporting the Director Sanctions Advisory by serving as a subject matter expert providing guidance to various CIBC Strategic Business Units (including but not limited to Personal and Business Banking Corporate Banking Capital Markets Global Trade and Banking etc.) and Functional Groups (including but not limited to other units within the Sanctions Team AML Advisory andFinancial Intelligence Unit) (SBUs and FGs are jointly referred to as Business Units or BUs) on various aspects of sanctions compliance as they may be involved in customer relationships transactions or vendor relationships across the regions of CIBC presence.
The Manager Sanctions Advisory will provide guidance to Business Units on the interpretation and application of the Enterprise Sanctions Policy and the Enterprise Sanctions Standard and maintaining their currency; maintaining currency of Sanctions Advisorys internal procedures; opining on sanctions compliancerelated warranties representations and covenants in transaction documentation or other internal documents and regulatory filings. Additional responsibilities include reviewing BUs procedures for alignment with requirements of the Enterprise Sanctions Policy and the Enterprise Sanctions Standard;monitoring for reviewing and assessing the impact of sanctionsrelated legislative and regulatory developments and emerging risks; and conducting analysis of sanctions lists employed by CIBC to identify any gaps; contributing to maintaining of Regulatory Compliance Management (RCM)related processes and initiatives. The Manager will also contribute to developing maintaining and facilitating sanctions compliance trainingrelated processes; supporting Examinations and Audit in their reviews of the Sanctions Team; performing other tasks as requested by the Director Sanctions Advisory.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 13 days per week onsite while other days will be remote.
How youll succeed
Project Management You are able to startup a project and lead it to the implementation and maintenance and can create and maintain a tracking mechanism to help the team stay updated.
Stakeholder management Foster strong workplace relationships to collaborate with various internal and external stakeholders facilitating shared success for each project.
Problem solving You think in a structured way when solving problems and organizing work and can analyze data/situations fully and accurately to guide or reach productive decisions
Change management Utilize strong change management skills to assist with the identification of change to sanctions systems or processes assess the impact and collaborate with impacted stakeholders for a seamless implementation.
Time management Manage competing priorities effectively and efficiently while consistently delivering results and valueadds to your peers and business partners.
Risk management focus Proactively identify risks and mitigating strategies.
Who you are
You have a Bachelors degree in Law International Affairs Political Science or related field and have a sound general understanding of the Canadian legal system.
You have a minimum of 2years in performing sanctions compliance related functions preferably in the financial or consulting industries including an indepth expertise in at a minimum the U.S. and Canadian sanctions laws and regulations.
You have a strong working knowledge of the banking industry banks structure and organization products operations and systems including sanctions screening systems and tools. You have the ability to appropriately assess the application of sanctions regulatory requirements to customer relationships and transactions.
You have a strong working knowledge of customer and transaction KYC and duediligence tools and systems including but not limited to WorldCheck Dow Jones Risk Database and Dow Jones Factiva Orbis/BvD or other equivalent tools.
You are familiar with banks Regulatory Compliance Management (RCM) related requirements and controls specific to sanctions compliance.
You have strong research analytical report writing risk assessment organizational and project management skills.
You have advanced skills in Microsoft Office suite including Excel Access Visio Project and PowerPoint.
You know that details matter. You notice things that others dont. Your critical thinking skills help to inform your decision making.
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
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 work to recognize you in meaningful personalized ways including a competitive compensation a banking benefit* wellbeing support and additional offers such as employee and family assistance programs 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.
*Subject to 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.
Expected End Date
Job Location
Toronto81 Bay 29th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Analytical Thinking Banking Identifying Risks KYC Compliance Legal Practices Proactive Monitoring Regulatory Compliance Regulatory Compliance Management Regulatory Requirements Researching Risk Assessments Risk Management and Mitigation Sanctions (Law) Sanctions Compliance Sanctions ScreeningRequired Experience:
Manager
Employment Type
Full-Time
