• Capital Markets AML Compliance Manager

    Job Location US-IL-Chicago
    Posted Date 3 months ago(1/2/2019 5:01 PM)
    # 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 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


    The Capital Markets AML Compliance Officer will be responsible for overseeing all aspects of AML compliance across the US relative to Capital Markets and Corporate Treasury Products to ensure legal entities remain fully aligned with regulatory expectation through:

    • Design, develop and continually update policies, procedures, standards and internal controls to maintain an AML program commensurate with risks of the institutions.
    • Participate in new product reviews and assessments to provide effective challenge to controls, design ways to measure and monitor AML risks, and provide advisory services to the line of business relative to AML or economic sanctions considerations prior to product launch, etc.
    • Manage compliance with the New York Department of Financial Services Part 504 by overseeing annual attestation process for the Branch, monitoring effectiveness of internal controls, and providing management- and board-level assurance of compliance.
    • Serve as primary liaison for internal audits, compliance testing, quality assurance and regulatory examinations by responding to questions, reviewing materials, and developing action plans to respond to any identified control deficiencies.
    • Identify training opportunities for traders, marketers and infrastructure teams to provide ongoing awareness of AML and economic sanctions risks.
    • Provide material oversight in the design, development, and execution of legal entity and line of business risk assessments.
    • Actively manage oversight of the AML Compliance internal control framework including transaction monitoring program, economic sanctions screening tools, customer due diligence and risk rating reviews as well as ongoing reviews.
    • Assist in providing advisory services to address questions related to AML Capital Markets.


    • 8-10 years of AML compliance experience, preferably with a regulated Broker Dealer.
    • Strong understanding of Capital Markets products, and the associated AML risks. Familiarity with Regulation K preferred.
    • Bachelor’s degree in related field (i.e., finance, accounting, statistics, law); preference for advanced degree (i.e., MBA or JD).
    • Experience with people management.
    • Strong interpersonal skills in order to maintain working relationships with infrastructure support partners and front office personnel.
    • ACAMS certification preferred.


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