Compliance Examination Specialist
Compliance Examination Specialist
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$ 100000 - 115000
1 Vacancy
Job Description
Were building a relationship-oriented 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
The US Compliance Examination team is a second line assurance function that evaluates compliance with laws and regulatory requirements for businesses and functional groups that support the activities of CIBC Bancorp USA Inc. and its consolidated subsidiaries.
What Youll Be Doing
CIBC US provides tailored commercial and commercial real estate banking private wealth management personal and small business financial solutions as well as cross-border banking services to clients with North American operations.
At our core we are a relationship bank and strive to build trusting and enduring relationships by putting our clients at the center of all we do. We invest in our businesses our clients our people and our communities.
Our US headquarters is in Chicago and we have offices strategically located across the United States to serve clients coast to coast.
To be the best-in-class commercial and wealth management financial institution in the United States with seamless connectivity to our Capital Markets and Canadian Commercial & Wealth franchises.
Reporting to the Head of US Compliance Examination Program the Compliance Examination Specialist is accountable for execution of the US Compliance Examination Plan established to ensure the companys compliance with state and federal laws and regulations. The position supports overall compliance through executing examinations designed to evaluate the design and effectiveness of business controls in meeting regulatory compliance. This position primarily tests compliance with consumer protection fair lending and operational regulatory requirements applicable to retail and commercial banking at a Federal Deposit Insurance Corporation (FDIC) insured depository institution regulated by the Federal Reserve but may also support other areas of the company.
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 3 days per week on-site while other days will be remote.
How Youll Succeed
- Assist with planning scoping and designing risk-based compliance examinations that address coverage of laws and regulations applicable CIBC Combined US region as well as adherence to internal policies and standards (regulatory obligations).
- Executing risk-based compliance examinations and performs reviews and tests of stated objectives to evaluate the companys adherence to regulatory obligations.
- Execute assigned compliance examinations in a timely manner in accordance with the annual Compliance Examination Program
- Evaluate processes for key compliance controls and assist with identifying control weaknesses and root causes of compliance deficiencies conduct preliminary research to support regulatory findings/control weaknesses and propose appropriate corrective action
- Identify control weaknesses and root causes of compliance deficiencies conduct extensive research to support regulatory findings/control weaknesses and propose appropriate corrective action
- Develop relationships with senior management and other key internal contacts including Management Committee members and their direct reports.
- Prepare high quality workpapers that support the testing conclusions and adhere to department standards
- Prepare Final Examination Reports to be presented to management management committees and the Board of Directors that accurately clearly and concisely present the issue identified to key stakeholders.
- Collaborate with compliance partners and line of business management throughout the compliance testing process to ensure timely and transparent communication
- Assist with other compliance-related projects and tasks as requested
- Research: Proactively develop an understanding through in-depth research of US regulatory requirements and expectations.
Who You Are
- Bachelors degree
- Minimum 5 years of compliance and risk management experience.
- Comprehensive knowledge of federally recognized examination procedures to evaluate compliance with related laws and regulations
- Former role as a commissioned examiner or within internal audit a plus
- A detailed approach with strong analytical skills to develop insights and interpret findings
- Excellent cross-functional project and relationship management skills
- Ability to communicate effectively with an emphasis on developing trust influencing and demonstrating fairness
- Excellent organizational and analytical skills and an ability to communicate clearly and professionally with all levels of an organization
- Excellent written and verbal communications skills and effective interpersonal skills
- Strong knowledge of Microsoft Office products (Word Excel PowerPoint)
- Proficiency in multi-tasking and prioritizing projects and excellent time management skills
California residents your privacy rights regarding your actual or prospective employment
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $100000 - $115000 for the market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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) Holidaysand 401(k) in addition to other special perks reserved for our team members.
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
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-70 W Madison St 10th FlEmployment Type
RegularWeekly Hours
40Skills
Compliance Reporting Compliance Testing Decision Making Regulatory Compliance Risk Assessments Strategic AdviceRequired Experience:
Unclear Seniority
Employment Type
Full-Time
