AML Framework and Governance Officer

4 months ago
# of Openings


CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at


CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. 


CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance – so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.


Every year, CIBC is recognized for its business success, community commitment and employee initiatives.  We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.


CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran




Assist the Head of Financial Crimes Compliance with implementation of the Bank Secrecy Act/Anti-Money Laundering, and Office of Foreign Asset Control (OFAC) compliance programs which includes, but is not limited to, the following:

  • Development and execution of the quarterly and annual BSA/AML and Economic Sanctions risk assessments detailing the institution’s products, services and geographic risks. Assess existing control framework against risks, and recommend program enhancements.
  • Ongoing refinement and implementation of the appropriate policies, governance, oversight and reporting to senior management, the board, and regulatory agencies.
  • Development of KRIs and KPIs to help effectively manage BSA/AML and Economic Sanctions Risk and ensure appropriate awareness by the impacted lines of business.
  • Serve as a key contact for enterprise-wide projects to ensure new systems, products and services are designed to comply with applicable laws and regulations.
  • Conduct ad hoc industry or client segment risk assessments, and collaborate with Finance and the lines of business to document staffing and/or system needs relative to certain higher risk industries.
  • Monitor regulatory guidance, published C&D and consent orders, and industry articles to ensure the BSA program employees best practices and remains aligned to regulatory expectations.
  • Serve as a key contact for regulatory examinations and Internal Audits of the BSA/AML and Economic Sanctions compliance programs, including preparing materials for review, overseeing department communications during the reviews and coordinating management response to identified deficiencies.




  • Bachelor’s Degree or Equivalent Experience;
  • 5-7 years of BSA/AML or commensurate experience is required;
  • Strong understanding of banking products, services, and applicable risks.
  • Ability to analyze banking laws and regulations, and provide stakeholders with accurate guidance and valuable reporting/communication;
  • Strong oral and written communication skills to build relationships with line of business, support function, and stakeholders;
  • Strong organizational skills, including the ability to prioritize multiple simultaneous projects and meet deadlines; and
  • Strong leadership of self to proactively execute assignments anticipates any additional needs of stakeholders and management, and practice independent judgment.




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