Compliance Specialist - BSA/AML

2 weeks 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


This individual will help support the BSA/AML compliance function by identifying clients eligible for exemptions from the Currency Transaction Report (CTR) requirements, performing periodic reviews of client transaction activity, assisting with the monetary instrument recordkeeping requirements, and performing quality assurance reviews of funds transfer activity to ensure compliance with the BSA Travel Rule. 


  • Perform periodic eligibility assessments of personal and business clients to identify clients eligible for CTR exemptions;
  • Conduct investigations of eligible clients to assess reasonableness of transaction activity and other risk factors (e.g., industry, geography, etc.);
  • Conduct quality assurance reviews over CTR filings to ensure data completeness and accuracy;
  • Recommend process and procedural enhancements relative to reporting and recordkeeping;
  • Identify training opportunities and serve as primary liaison with the lines of business to provide in-person training sessions to address any repetitive issues, challenges, or change in regulatory expectations;
  • Develop and implement a quality assurance program to oversee funds transfer recordkeeping and BSA Travel Rule compliance; and
  • Develop/enhance desktop procedures and standards for both the first and second lines of defense.


Required Skills & Experience (minimum years experience, education, supervisory experience, PC skills, etc.):

  • Understanding of BSA/AML regulatory requirements.
  • Previous experience with CTR filing is preferred.
  • Strong verbal, written, and interpersonal communication skills with the ability to interact with varying levels of Bank personnel.


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