Director, AML Risk Insights

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.

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What you'll be doing

As the Director, AML Risk Insights, you'll proactively identify and evaluate CIBC's exposure to current, new and emerging ML/TF threats, leverage advanced data analytics and intelligence gathering from industry sources, to provide insights incorporating input from critical partnerships in the Special Investigations team, Risk Assessments, regulatory experts in EAML Governance, Advisory and Sanctions, and data scientist experts in Risk Management Analytics. As the Director, you'll lead a team of highly skilled business intelligence and AML/ATF specialists accountable for the creation and delivery of insights reports incorporating data trends, client segment profiling and controls assessment. Working collaboratively, with the Senior Director Special Investigations and Planning, you will plan and coordinate targeted client due diligence and transaction monitoring campaigns focused on areas of potential higher risk exposure for CIBC.

At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 1-3 days per week on-site, while other days will be remote. 

How you'll succeed

• Innovate – Build and maintain a mature ML/TF Insights program to provide trusted intelligence to the EAML senior leadership team.

• Analytical – Identify and analyze relevant ML/TF risks and typologies to determine CIBC's exposure to such risks. Transform data into actionable insights to support fact-based recommendations and present insights/recommendations to the CAMLO and Senior EAML leadership. Responsible for the design and execution of targeted insights and intelligence assessments, including the selection of key data metrics, data sources and analytics methodologies to provide robust analysis and credible insights reports. 

• Subject matter expert – Provide trusted recommendations and guidance on AML/ATF and Sanction evasion strategies based on the insights and intelligence produced by the team. Provide subject matter expertise to internal partners on strategic projects and change management initiatives including new products and services, and regulatory change impact assessments.

• Collaborate – Liaise with industry professionals, associations, and regulators to establish best practices for insights and intelligence reporting.

• Leadership – Provide leadership and effective management of the Risk Insights team to influence employee commitment to the organization, to the team, and to their job.

Who you are

• You have working knowledge of AML/ATF laws and regulations in Canada and have comprehensive knowledge of ML/TF and Sanctions evasion typologies and red flags. 

• You have experience in Data Analysis tools, including SQL and/or SAS, and BI tools such as Tableau and/or Power BI.

• You have comprehensive knowledge of banking products and services for Retail, Small Business, Wealth Management, Commercial Banking and/or Capital Markets lines of businesses. 

• You have a minimum of 3 years' experience leading an AML/ATF regulatory compliance program or  leading a financial crime team with accountability for data analytics, investigations and surveillance.

• You have a University degree or equivalent. 

• You are an effective communicator. You have well-developed communication skills sufficient to convey factual/conceptual information within the team and to other stakeholders. 

• You are a caring and accountable leader. You have demonstrated experience in a People Manager role, developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.

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

#LI-TA

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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-

• 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, French proficiency, 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.

Expected End Date

Job Location

Toronto-81 Bay, 29th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Anti-Money Laundering (AML), Financial Transactions, Leadership, Operational Efficiency, People Management, Professional Presentation, Risk Management and Mitigation, Strategic Objectives

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