Senior Director, AML Advisory

Whatyoullbe doing

Reporting to the Vice President Strategy Governance and Advisory (SGA) you will lead an AML Advisory team in providing advice and independent oversight of compliance with all regulatory requirements relating to Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) for the Personal Business andCommercial Bankingbusinesses in Canada.

In this capacity the Senior Director leads a team of AML officers (AMLOs) in providing guidance and oversight of money laundering and terrorist financing compliance internal controls activities and implementation of processes and initiatives to ensure risks are being appropriately managed. The role is also responsible for keeping up to date with regulatory information andchanges andcommunicating these to their respective Lines of Business (LoBs) with theobjectiveofidentifyingany gaps between current practices and regulatory requirements.

At CIBC we enable the work environment mostoptimalfor you to thrive in your role.Youllhave the flexibility to manage your work activities within a hybrid work arrangement whereyoullspend 2-3 days per week on-site while other days will be remote.

Howyoullsucceed

• Advisory & Risk Management Act as primary relationship manager between Enterprise AML (EAML) andLoBsto assess impacts and strategies developed to address new or changing requirements. Provide subject matterexpertiseand advice during the development and implementation of new processes and initiatives to ensure compliance with applicable AML regulatory requirements. Provide recommendations and escalations as applicable in respect of Client risk assessments. Lead the completion of the annual Inherent and Control Risk Assessment for AML/ATF.

• Regulatory Oversight -Provide advice and guidance on AML regulatory requirements and changes as the subject matter expert to the Lines of Business and Functional Groups you support through developing a strong understanding of their products services operationscontrolsand processes. Keep current on applicable regulations and regulatory guidance and their impactstothese groups. Understand theLoBand Functional Groups exposure to potential money laundering terrorist financing and Sanctions risks based on its client typesproduct/service offerings and operations and the controls and processes to mitigate such risks.

• Effective Leadership -Provide leadership and effective management of department staff to influence employee commitment to the organization and to the team.Build team and individual capabilities through job shadowing special projects and training to ensure employees are capable of performing to job requirement standards.Provide strategic leadership and vision for the continuing evolution of the Wealth Management AML/ATF program.

Who you are

• You candemonstrateexperienceworking in AML compliance within the financial services industry for a minimum of 10 years. You have comprehensive knowledge of the AML laws and regulations in Canada and have advisedinterpretedand/or implemented AML requirements at a financial institution other reportingentityor similar entities in Canada.

• You have anundergraduate degreein business law or accounting or equivalent experience

• You have excellentdemonstratedrisk acumen.

• You are asystematic thinkerwith strong process analytical and technical skills.

• You haveexcellent communication skills both written and oral together with strong presentationand executive communicationskills.

• You act like an owner. You thrive whenyoureempowered to take the lead go above and beyond and deliver results.

• You are a caring and accountable leader.Yourepassionate about developing and coaching to bring out the best in people. You have led diversehigh performingteams. It is an asset if you have a minimum of 2 yearsof peoplemanagement experience.

• Values matter to you.You bring your real self toworkand you live our values trust teamwork and accountability.

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