Manager, Business Controls - Toronto, Canada - CIBC

CIBC

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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

Job Description:

What You'll Be Doing

Establish policies and processes for pre and posttrade compliance monitoring, primarily for derivatives. Develop, implement and document policies and procedures in accordance with standards set forth by various regulatory bodies, CIBC Asset Management, Legal, Compliance.
Perform effective monitoring and reporting oversight of portfolio manager's investment processes to provide reasonable assurance that that all regulatory and clientspecific investment requirements are adhered to.
Maintain strong knowledge of existing Canadian and foreign (particularly U.S.) securities legislation/regulations and developments in investment markets (including derivatives) that will impact CAM products. Analyze new and pending regulations as they relate to the asset management industry, providing management advice and assistance in the implementation of changes for adherence.
Enhance the profile of the Investment Controls team by developing and maintaining a high level of capability and knowledge.
Provide management and direction to a team of analysts. Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training.
Represent Investment Controls on various risk management and controls meetings.
Provide responses to queries from various stakeholders including Business Controls, Wealth Management Compliance (WMC), Global Operational Risk Management (GORM), Internal Audit and external audit.
Based on the activities of the team, create robust and dynamic reporting capabilities to be able to identify trends, heat maps and robust management reporting.
Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.
Drive operational change to deliver cost effective enhanced controls within our risk appetite.
Details on your work arrangement (proportion of onsite and remote work) will be discussed at the time of your interview._

How You'll Succeed

You have Indepth knowledge of derivatives, advanced knowledge of macros, Access databases, VBA, querying languages.
You have Compliance experience; preferably at least 2 years of current asset management experience. Experience with Bloomberg Compliance/Violations Manager, thinkFolio compliance functionality, or similar compliance platforms (e.g. Fidessa Sentinel, Charles River Compliance, etc.).
You are knowledgeable of relevant regulatory requirements, including securities legislation, pension and insurance legislation
You have well developed data analysis skills for tracking, identifying and analyzing trends, root causes in issues or exceptions.

Who You Are

You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
You have a degree/diploma in a relevant discipline. It's an asset if you have a current CFA designation.
It's an asset if you're fluent in French.
Values matter to you. You bring your real self to work and you live our values trust, teamwork, and accountability.

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 health benefits program, defined benefit pension plan, an employee share purchase plan and MomentMakers, our social, pointsbased 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.

What you need to knowYou need to be legally eligib