Director, Compensation Regulatory, Compliance

What you’ll be doing  

The Director, Compensation Regulatory Compliance, Regions (outside North America) is accountable for regulatory compliance activities as they relate to compensation. In this capacity, the Director, will be accountable for leading on compensation regulatory developments for regions outside of North America. The Director will contribute to the UK Remuneration Committee (RemCo), the Luxembourg Board requirements and Australia requirements as well as research, monitor and develop strategies (and if required, additional committees) for complying with regulatory requirements in the regions in which we operate outside of North America. The Director will be accountable for determining if there are any regulatory requirements across all regions; working with required stakeholders to fulfill the obligations of the regulatory requirements and ensure the RR&P team and/or the HR team is in compliance in terms of what needs to be reviewed / approved throughout the year. The Director will be responsible for educating and providing advice and counsel and education to relevant stakeholders on regulatory developments or requirements. 

The Director will lead the regulatory contributions across the respective Committees, develop strategies for disclosure of key compensation items and build expertise regarding compensation and disclosure requirements for our key regions outside of North America. The Director will monitor regulatory requirements and best practices and may also be involved in supporting or providing expertise and guidance regarding regulatory requirements to compensation, HR or partners in the business. In addition to advising on specific content the Director will be accountable for creating content for specific items/decks each meeting to meet what is required for each Committee or for submission to one of the other Committees or the Board. 

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 2-3 days per week on-site, while other days will be remote 

How you’ll succeed  

• Committee Work- Contribute to the UK RemCo and Luxembourg Board with input from SEVP, People, Culture and Brand, SVP HR, SVP, Rewards, Recognition and Performance and the VP, Executive Compensation and Governance and VP Total Rewards Regulatory Compliance and Mergers and Acquisitions. Build relationships with all required stakeholders across HR and/or the business to meet the regulatory requirements and ensure compliance. Provide advice and counsel on the interpretation of regulatory requirements and oversight/approval guidelines. Develop materials by researching, analyzing and formulating recommendations on various compensation policies, required disclosures and regulatory compliance related matters. Manage regulatory, operational and reputational risks to ensure that regulatory and legislative requirements are appropriately incorporated in compensation policies and processes relating to the jurisdictions in which we operate outside of North America 

• Compensation- Proactively monitor regulatory trends and updates and recommend enhancements to ensure CIBC maintains and complies with all requirements outside of North America. Assume a lead role or co-lead with internal partners across HR globally to meet regulator enquiries and fulfill disclosure obligations. 

• People Management- Support the setting of clear goals and expectations, establish priorities and provide effective managerial direction through coaching, guidance, personal development and input on performance review and evaluation. Create a positive work environment by being an effective role model and by creating a winning work environment 

Who you are  

• You demonstrate experience. In-depth understanding of governance and each Committee’s mandate, associated board oversight requirements and approval guidelines. Advanced expertise in the design, development and implementation of governance processes related to compensation, including emerging trends. Proven experience in consulting to Board and senior executives. Proven compensation knowledge and experience. 

• Regulatory Requirement experience. Extensive knowledge of regulatory requirements as it relates to compensation, related governance and disclosure. 

• You demonstrate strong project management. Strong project management skills and ability to handle complex and competing priorities and issues in order to meet deadlines and deliverables. 

• You demonstrate strong communication skills. Strong communication, coordination and influence skills in order to work effectively with key stakeholders both within and outside CIBC. Ability to anticipate issues and/or questions that may arise from annual shareholder meetings or media in order to appropriately prepare responses on behalf of Corporate Communications, senior management, the SEVP, People, Culture and Talent, the SVP Rewards, Recognition and Performance and the VP Total Rewards Regulatory Compliance and Mergers and Acquisitions. 

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.