Director, Legal Entity Regulatory Reporting

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 visit CIBC.com

What you’ll be doing

The Director, legal Entity Regulatory Reporting (LERR), is a member of the team reporting to the Senior Director, that is accountable for the financial regulatory reporting of CIBC World Markets Inc.(WMI), CIBC Investor Services Inc. (ISI), CIBC Securities Inc. (SI), CIBC Trust, CIBC Mortgage Inc., CIBC Asset Management Inc., and CIBC Life Insurance to various regulators. This includes daily, monthly, quarterly, and annual reporting, including the preparation and submission of periodic regulatory reports for the AMF, CDIC, CIRO (formerly IIROC and the MFDA), CMHC, CPIF, OSC, OSFI, SEC and Stats Canada. Accountabilities also include interaction with various business partners, auditors and external regulators.

At 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 succeed

• Reporting – Responsible for the preparation and assistance in review of various regulatory reports and filings to ensure compliance with related regulatory requirements. Monitor applicable regulatory developments and co-ordinate with other groups to assess their impact on the applicable legal entity. For finalized regulatory reporting changes, ensure that the impacted business partners are engaged for implementation. Manage regulatory examinations and external audits as appropriate, including the annual CIRO Financial and Operations Compliance Examination of the investment broker dealer operations.
• Advisory – Assist other business partners with respect to new business initiatives, including working with the Finance Business Support groups and Front Office to understand the initiative and identify relevant CIRO rules and regulations and implications thereon. Work with various functional groups to implement new initiatives, to ensure that all information necessary for regulatory reporting is captured.
• Relationship management – Implement process improvements through standardization, rationalization, and utilization of best practices. Collaborate with global process owners and other Controllership leaders to ensure alignment. Embed global best practices. Drive standardization of processes, outputs, workflow, etc.

Who you are

• You can demonstrate experience in conceptual skills – someone who can see the “big picture” in a complex environment – along with strong problem solving and analytical skills. You have the ability to elicit necessary information to provide value-added advisory services to internal business partners (i.e. business units and infrastructure groups). In addition, you have strong Knowledge of CIRO rules and regulations and applicable regulatory requirements of the AMF, CDIC, CLHIA, CPIF, OSC, OSFI and Stats Canada.
• You are have a degree in Business, Accounting or Finance and prior work experience in statutory or regulatory reporting at the appropriate level. A professional accounting designation and the completion of Chief Financial Officers Qualifying Examination and the Partners, Directors and Senior Officers Course under the investment dealer rules would be beneficial.
• You give meaning to data. You enjoy solving complex problems, researching new areas, making sense of information and pay attention to detail. You’re confident in your ability to communicate complex information in an impactful way.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

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What CIBC Offers

At 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 conditions

What you need to know

• CIBC 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 contact Mailbox.careers-carrieres@cibc.com
• You 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, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Banking, Critical Thinking, Deliverables Management, Financial Analysis, Group Problem Solving, Leadership, Management Reporting, Project Management, Retail Banking

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