Compliance Examination Specialist
: Job Details :

Compliance Examination Specialist Locations: New York, NY Time Type: Full time Posted on: Posted 8 Days Ago Time left to apply: End Date: November 1, 2024 (12 days left to apply) Job Requisition ID: 2422391 We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's 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 You'll 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. 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 company's 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. Key areas of coverage for the Role include: Regulatory Reporting - Federal Reserve's Bank Holding Company Act/Regulation Y; FDIC Annual Independent Audit and Reporting Requirements; SEC Net Capital Requirements for Brokers or Dealers; FINRA 4100 Financial Condition; FFIEC Call Reporting Federal and State Tax requirements for bank holding companies, banks, Wealth and Trust Services, and broker dealers. Volcker Rule - Proprietary Trading and Covered Fund Activities Regulation W How You'll Succeed Assist with planning, scoping and designing risk-based compliance examinations that address coverage of laws and regulations applicable to CIBC Combined US region as well as adherence to internal policies and standards ( regulatory obligations  ).Executing risk-based compliance examinations and performing reviews and tests of stated objectives to evaluate the company's 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.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 Bachelor's 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. At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $130,000-$160,000 for the New York, New York market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's 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 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 Mailbox.careers-carrieres@.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 Floor Employment Type Regular Weekly Hours 40 Skills Quality Assurance Review, Quality Investigations, Regulatory Compliance, Regulatory Requirements, Risk Assessments, Strategic Objectives At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.#J-18808-Ljbffr