• Compliance Specialist

    Job Location US-IL-Chicago
    Posted Date 1 week ago(4/13/2018 9:33 AM)
    # of Openings
  • Overview

    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.com/US.


    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


    Responsible for assisting with the development of the annual Compliance Testing and Monitoring Plan.


    Specific duties include:

    Conducting full life-cycle of scope testing engagements and reporting to create a detailed plan, testing development, and monitoring procedures to determine compliance with regulatory requirements; preparing complete and accurate compliance reports for the managing compliance risk team; conducting reviews of marketing materials to ensure that compliance with regulatory requirements are met prior to publishing; preparing periodic Board and Management dashboards and reporting and communicating results to various stakeholders, including line of business and executive management; interfacing with Internal Audit and Regulatory Examiners regarding the Compliance Risk Management Program; evaluating process flows for key compliance controls, identifying control weaknesses and root causes of compliance deficiencies, and proposing appropriate corrective action for any issues identified; and participating in compliance special projects.


    Job Position supervise work of other employees? No

    Job Position requires travel? No


    Education: Must have at least a Bachelor's degree in Management, Business Administration, or related.

    Professional Experience: Must have two years experience in the job offered or as an Internal Auditor, Federal Examiner, or related compliance testing processions.


    Special Skill Sets Required - Must have the following skill sets:

    • Conducting full scope of bank compliance reviews, audits or examination;
    • Performing consumer compliance application and bank compliance regulations in accordance with applicable regulatory agencies;
    • In depth knowledge and application of consumer compliance and other bank compliance regulations in accordance with the applicable regulatory agencies (CFPB, FDIC, FRB state); and
    • Developing effective recommendations for mitigating identified compliance risks and issues


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed