Sr. Regulatory Compliance Manager, Credit Risk

Posted 3 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
140K-160K Annually
Senior level
Fintech • Payments • Financial Services
The Role
Lead regulatory compliance activities within second-line Credit Risk, review controls and policies, manage regulatory issues and remediation, engage stakeholders, monitor regulatory changes, and translate requirements into control and process improvements to ensure adherence to US regulatory compliance framework.
Summary Generated by Built In

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

As a Sr. Regulatory Compliance Manager, Credit Risk, you’ll lead and support regulatory compliance activities within the second line Credit Risk Management function, ensuring adherence to our US regulatory compliance framework.

In this role, you’ll report directly to the US Head, Non-Transactional Credit Risk while coordinating framework deliverables, reviewing regulatory control design / documentation, and completing regular risk assessments that support continuous improvement. Additionally, you will partner with stakeholders across Risk, Compliance, and the Lines of Business as an oversight function for CIBC's credit risk regulatory obligations. Last, you’ll monitor regulatory developments and translate requirements into actionable control and process enhancements.

At our bank we enable the work environment most optimal for you to thrive in your role. You will have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2–3 days per week on-site, while other days will be remote

How You'll Succeed

  • Control and process review – Review credit risk controls, policies, and procedures to ensure alignment with regulatory expectations. Identify gaps and support the design and implementation of sustainable remediation actions, as needed. 

  • Issue management and remediation – Assist the US Head, Non-Transactional Credit Risk with monitoring and managing regulatory-related issues and findings, ensuring remediation plans are well-designed, executed on schedule, and supported by appropriate documentation and evidence. 

  • Stakeholder engagement – Build strong partnerships with Credit Risk, Compliance, Internal Audit, and Line of Business teams to ensure consistent interpretation and application of regulatory expectations. 

  • Regulatory change management – Monitor evolving regulatory requirements and assess impacts to credit risk frameworks, including supporting implementation of necessary changes to policies, controls, and processes. 

Who You Are

  • You give meaning to data. You enjoy investigating complex problems and making sense of information, translating regulatory expectations into practical, actionable insights. 

  • Your influence makes a difference. You build strong relationships and communicate effectively with stakeholders at all levels, helping drive alignment and accountability on regulatory priorities. 

  • You know that details matter. You apply strong critical thinking and attention to detail when reviewing regulatory requirements, control design, and supporting documentation. 

  • You are a strong communicator. You have excellent written and verbal communication skills, with the ability to prepare clear, concise materials for senior management. 

  • You have demonstrated experience in managing regulatory expectations related to consumer and wholesale lending. 

  • You have a completed degree/diploma in finance, accounting, business, or a related field. #LI-TA

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $140,000 - $160,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members. 

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*, 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 [email protected]

  • 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, 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

IL-120 S LaSalle St, 8th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Compliance Activities, Compliance Frameworks, Investigating, Leadership, Regulatory Compliance, Regulatory Controls, Regulatory Requirements, Remediation, Risk Assessments

Skills Required

  • Completed degree or diploma in finance, accounting, business, or a related field.
  • Demonstrated experience managing regulatory expectations related to consumer and wholesale lending.
  • Experience performing regulatory compliance activities within credit risk (second-line oversight).
  • Experience reviewing credit risk controls, policies, procedures, and supporting remediation efforts.
  • Strong written and verbal communication skills, including preparing materials for senior management.
  • Strong critical thinking, attention to detail, and investigative skills to analyze complex problems and data.
  • Ability to build partnerships with Credit Risk, Compliance, Internal Audit, and Lines of Business for oversight and implementation.
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The Company
HQ: Toronto, Ontario
43,351 Employees

What We Do

CIBC is here to help all our clients reach their goals. We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want. With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals. This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada. La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs. Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez. Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs. Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada

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