Sr. Sanctions Analyst, EAML - 12 months secondment

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

You’ll be joining Sanctions Operations. EAML Sanctions – Operations is responsible to ensure the bank is consistently compliant with applicable sanctions  legislation, enterprise-wide by reviewing and keeping abreast of legislative and regulatory developments as it relates to Sanctions.

As the Sr. Analyst, Sanctions Operations, you’ll review and analyze wire payments, online transactions and other monetary instruments that have been interrupted by other financial institutions to ensure transactions are onside with current sanctions legislation. Review and analyze potential matches to sanctioned individuals/entities, sanctioned jurisdictions, higher risk clients/jurisdictions and work high priority files or projects and ensure consistency with internal procedures. You may also review alerts/other sources of work to assess and opine on potential regulatory reporting as required.

• This role is a 12 month secondment position

How you'll succeed

• Ensure Compliance – Review and adjudicate escalated wire payments and other monetary instruments and or transactions to ensure adherence to sanctions legislation. Independently track and keep abreast of legislative and regulatory developments related to sanctions.

• Sanctions Subject Matter Expertise – Provide support on sanction-related queries that may come from various LOBs/SBUs/Regions.

• Investigations Leadership –  Gather, organize and interpret data and/or information, and formulate preliminary conclusions. Work high priority cases/complex transactions that are deemed to be sanctions related and recommend further course of action up to and including preparing various regulatory reporting to be submitted to regulators or law enforcement while ensuring accuracy and consistency with documented procedures.

Who you are

• You can demonstrate experience in sanctions screening with focus on the areas of name/ payments / entity screening. You have previous experience in processing international wire payments including strong knowledge of SWIFT, various wire fields, various MT wire message types, etc. Outside of Sanctions, if you have experience in Correspondent bank roles, or as an investigator in Financial Intelligence Unit (FIU)/ High Risk Enhanced Due Diligence/ in the area of Terrorist Financing in a financial institutions, then you will thrive in this role.

• You are able to accurately assess and review time sensitive requests and prioritize your workload/tasks accordingly.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

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

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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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.

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