Job Information
CIBC Senior Manager Compliance in Chicago, Illinois
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 CIBC.com (https://www.cibc.com/en/about-cibc.html)
As an Anti Money Laundering (AML) Investigations Manager, you will lead a team of dedicated investigators in detecting and preventing financial crimes within our organization. Your leadership and experience will be crucial in developing a well-rounded team that is able to analyze client activity and identify complex money laundering typologies. Your team will include investigators specializing in capital markets and private wealth investigations, as well as other senior investigators within the traditional commercial and retail banking space. Reporting to the US AML Investigations Director, the AML Investigations manager will be responsible for overseeing and managing all aspects of financial crime investigations within their team, ensuring compliance with regulatory requirements and company policies and collaborating closely with senior management and other departments within CIBC.
Leadership:
- Lead, coach, and mentor a team of AML investigators to ensure effective investigation of suspicious activities and transactions.
Operational Excellence:
Ensure all investigations are conducted in compliance with AML laws, regulations, and company policies.
Identify and implement program enhancements that allow the team to build long-term scalability.
Investigations and Reporting:
Conduct thorough and timely investigations into potential complex financial crimes.
Oversee the decisioning of investigations and the filing of Suspicious Activity Reports by your team.
Regulatory Expertise and Support:
Interpret complex regulatory requirements and suggest implementation strategies to enable compliance in the most effective and efficient manner.
Support Senior Management in the preparation of regulatory examination materials and responses.
Collaboration:
- Collaborate with cross-functional teams including Legal, Risk Management, and Operations to strengthen AML controls and processes.
Technological Proficiency:
Assist in the implementation of a new holistic AML monitoring and reporting solution to include requirements development, testing, training and troubleshooting as necessary.
Utilize tools such as SQL and Excel to analyze complex financial transaction data efficiently.
Use MS Sharepoint and the included tools such as Power BI or Power Automate to advance process efficiency and effectiveness.
Qualifications:
Minimum of 5 years of experience in AML compliance within the financial services industry, with at least 2 years in a supervisory or team lead role.
Bachelor's degree in Finance, Business Administration, Law, or related field, or AML related professional certification (e.g., CAMS) preferred.
Proven track record of conducting complex financial crime investigations and managing investigative teams.
Prior experience implementing transaction monitoring and case management systems preferred.
Knowledge of Private Wealth and Capital Markets products and typologies preferred.
Expert knowledge of AML regulations, including AML Act, BSA, and the USA PATRIOT Act.
Desired Skills:
Analytical mindset with strong problem-solving skills.
Commitment to continuous learning and staying updated with industry trends and regulatory changes.
Strong analytical skills and attention to detail.
Excellent communication and presentation skills, with the ability to convey complex information effectively.
Ability to make sound decisions under pressure and within tight deadlines.
Proficiency in implementing and using AML software and investigative tools for monitoring and reporting purposes.
Ability to foster a collaborative team environment and build strong relationships across departments.
At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:
Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.
California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
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 Mailbox.careers-carrieres@cibc.com
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
IL-70 W Madison St, 8th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Anti-Money Laundering Compliance, Communication, Financial Markets, Group Problem Solving, Leadership, People Management, Regulatory Requirements, Relationship Management, Teamwork
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.
