Tag: Enhanced

Company: CIBC

Location: Toronto, ON

Expected salary:

Job date: Fri, 27 Jun 2025 06:01:32 GMT

Job 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 visitWhat you’ll be doingThe department of AML High Risk/ Enhanced Due Diligence (HREDD) in Risk Management, maintains an effective control environment and overseeing the sound risk management of our bank, consistent with our Risk Appetite Statement. We help safeguard our reputation and brand while providing proactive advice and oversight of CIBC’s compliance with regulatory requirements, including those related to consumer and investor protection, sales practices, securities trading, and anti-money laundering (AML).As the Manager, Anti-money Laundering High Risk/Enhanced Due Diligence, you’ll oversee the activities devoted to the identification, assessment and monitoring of all high risk clients, as defined by the CIBC Client Risk Assessment Standard. You’ll assist with identifying all high risk client relationships in Canada and globally and conduct thorough analysis of those relationships to adequately assess potential risks. You’ll oversee technological applications designed to ensure CIBC complies with applicable legislation and regulations related to High Risk and non-resident clients, including but not limited to Politically Exposed PersonsAt CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.How you’ll succeedProvide Leadership – Hire, coach, and develop staff to ensure the ability to support HREDD goals and objectives. People management will be a daily part of your role where you will be leading a team of 6–8 staff members and should be able to sustain a high performing, inspired team by providing effective management guidance. You must be able to use your strong influencing skills to promote and/or negotiate the needs of the AML Group.Operational Excellence – Understand that success is in the details and ensure compliance with policies and standards. Identify opportunities of improvements and partner with other AML and technology groups to enhance and advance CIBC’s enterprise wide AML programs.Client-Focused- Demonstrate the ability to put our clients first. You will assist the investigators in obtaining the mandatory client information from the various lines of business and track completion of high risk files in accordance to predefined timelines.Who you areYou can demonstrate experience in working within AML for at least 3 years and have experience of working in the banking / Financial industry. You have managed teams of up to 5 members for a minimum of 2 years. It is an asset if you have CAMS accreditation.You are a caring and accountable leader. You’re passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.You give meaning to data. You enjoy investigating complex problems, and making sense of information. You’re confident in your ability to communicate detailed information in an impactful way.You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.You’re driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.What CIBC OffersAt 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 benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based 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.*Subject to plan and program terms and conditionsWhat you need to knowCIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contactYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.Job Location Toronto-81 Bay, 29th FloorEmployment Type RegularWeekly Hours 37.5Skills Accountability, Adaptability, AML Investigations, Communication, Developing Others, Due Diligence, Enhanced Due Diligence, Flexibility, Leadership, People Management, Regulatory Compliance, Risk Assessments, Team Development, Team Leadership