Sr. Processor, Operations Management

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

Perform a variety of Deposit Operations duties that require the ability to work in a time-sensitive environment with good critical thinking skills accuracy and diligence. This position is responsible for monitoring and processing all deposits related to Deposit Operations of the Bank as well as providing support to our lines of business. Candidate should possess the ability to adapt to change and promote teamwork through individual participation.

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 2 days per week on-site while other days may be remote.

How youll succeed

• Review and process exceptions items to include Non-post and Stop Payments

• Review of stop payment suspect report

• Process incoming return items (chargebacks) to include redeposit or charge back of item to customers account notifying account officer of large or potential fraudulent items mailing notices and place holds as necessary

• Review incoming return notifications and place holds as needed

• Monitor and respond to inquiries received in theexception team email boxes

• Reconciliation for foreign item deposits

• Monitor and review Dormant activity

• Daily review and morning pre-scrub of positive pay exception items includingaccount maintenance reconciliation and returns

• Review reconciliation and end of day processingof daily Overdrafts and unposted including sending out large dollar return notifications and reaching out to account officers for any follow up

• Responsible for returned mail processing

• Quality review of tasks processed by other teams within the department

• Reconciliation of CD Interest Checks and Savings Bonds redemption

• Other duties as assigned

Who you are

• Minimum of 3 years of experience in back-office operations in a financial institution

• Bachelors Degree Preferred

• Ability to multi-task prioritize and organize work based on request volume and other departmental assignments as assigned

• Ability to work independently meeting deadlines.

• Detailed and process oriented with a focus on integrity and accuracy of information

• Requires strong verbal and written communication skills

• Demonstrate strong teamwork independent learning detailed analysis of requests compliance to policy and procedure

• Good working knowledge of applicable federal guidelines and regulations.

• Proficient in Microsoft Excel Word and Outlook

• Knowledge of FIS systems preferred

• Knowledge of TRIPS Incoming preferred

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $55500 - $62500K 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 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.

This position does not offer visa sponsorship.

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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.

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