Capital Markets Compliance Examination Specialist
Capital Markets Compliance Examination Specialist
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$ 95000 - 138000
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
What Youll Be Doing:
The Capital Markets Compliance Examination Specialist is responsible for the execution of the U.S. Compliance Examination Plan established to ensure adherence with broker-dealer requirements and compliance with federal and self-regulatory organization (SRO) rules and regulations. The position supports overall compliance through executing testing programs designed to evaluate the design and effectiveness of business controls in meeting regulatory compliance. This position primarily supports the U.S. Capital Markets line of business which includes global markets investment banking and corporate banking services provided through the U.S. broker-dealer CIBC World Markets Corp. but may also support other affiliated entities within the company including but not limited to the parent bank swap dealer.
How Youll Succeed:
- Executing risk-based compliance examinations that adequately address coverage of laws and regulations applicable to CIBC World Markets Corp. as well as adherence to internal policies and standards (regulatory obligations)
- Develop perform and document risk-based test objectives to evaluate the companys adherence to policies procedures SRO requirements and state and federal laws and regulations
- Evaluate processes for key compliance controls and develop strategies to ensure appropriate and effective testing of controls
- Identify control weaknesses and root causes of compliance deficiencies conduct extensive research to support regulatory findings/control weaknesses and propose appropriate corrective action
- Assess the adequacy of remediation activities monitor through completion and escalate past-due items
- Execute assigned compliance testing reviews in a timely manner in accordance with the annual Compliance Testing Program
- Prepare high quality workpapers that support the testing conclusions and adhere to department standards
- Prepare clear & concise written reports in a timely manner outlining testing performed and summary of test results
- 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
Who You Are:
- Bachelors degree w/ concentration in Banking & Finance
- Proficient in Microsoft Office software applications
- Strong working knowledge of the securities industry including Equity and Fixed Income Sales & Trading Derivatives Investment Banking Commodities and brokerage operations.
- Solid understanding of FINRA SEC and NYSE rules and regulations
- Knowledge of federally recognized examination procedures to evaluate compliance with related laws and regulations
- Understanding of the inherent compliance issues facing broker-dealers
- Excellent verbal and writing skills
- Strong interpersonal skills and ability to work effectively in a team environment
- Inquisitive thinker with the ability to manage multiple projects and deadlines simultaneously
- Ability to interact with all levels of line of business management to ensure that results are understood and recommendations are implemented
- High degree of integrity and strong work ethic
Preferred Qualifications:
- 5-7 years of registered U.S. broker-dealer compliance and risk management experience
- Prior experience working at a securities regulator (FINRA SEC NYSE) highly preferred
- Former role as a commissioned securities examiner or within internal audit a plus
- Professional licenses and certifications desired (SIE FINRA Series 7 CCOS or IACCP a plus)
- Working knowledge of swap dealer operations and governing Dodd-Frank/CFTC requirements
- Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
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At CIBC we offer a competitive total rewards package. This role has an expected salary range of $95000 - $138000 for the New York NY 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 also may 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) Holidays and 401(k) in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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
NY-300 Madison Ave. 6th FloorEmployment Type
RegularWeekly Hours
40Skills
Compliance Reporting Compliance Testing Decision Making Regulatory Compliance Risk Assessments Strategic AdviceRequired Experience:
Unclear Seniority
Employment Type
Full-Time
