cibc
Compliance Advisor
cibc, Chicago, Illinois, United States, 60290
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 .The Compliance Advisor will be instrumental in supporting the execution of the Fair and Responsible Banking program with a strong focus on Community Reinvestment Act (CRA) and Fair Lending expertise. This role involves monitoring compliance with key Fair and Responsible Banking regulations including CRA, Fair Lending, Home Mortgage Disclosure Act (HMDA), Service Member Civil Relief Act (SCRA) and Military Lending Act (MLA).KEY ACCOUNTABILITIESPerform various fair lending and CRA monitoring on a quarterly and annual basis including data analysis of mortgage, consumer, small business and/or commercial loans to identify significant variances to fair lending compliance regulations and standards.Conduct in-depth analysis and generate compliance related reports for banks’ lending portfolios.Maintain proficiency in CRA and Fair Lending WIZ or other lending analysis tools.Manage the annual submission of HMDA and CRA Loan Application Registers (LAR).Conduct periodic data integrity checks and manage large data sets.Stay abreast of relevant fair and responsible banking laws and regulations and industry trends.Provide guidance to Business Units on regulatory interpretation of Fair and Responsible Banking regulations and advise on necessary actions to ensure compliance.Assist in the creation and maintenance of compliance policies and procedures ensuring alignment with current regulations and effective communication across the organization.Assist management with key decisions by analyzing relevant data and providing insightful input.Manage the reporting of program status and analytical results using Microsoft Excel and Powerpoint to create dashboards and effectively communicate findings.Provide Fair and Responsible Banking program information for presentations to senior management and various oversight committees, including the board of directors.Perform other duties as assigned or requested.COMPLIANCE REQUIREMENTS/RESPONSIBILITIESAs an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.AUTHORITIES/DECISION RIGHTSAs a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.CONDUCT & CULTURE RISK
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls.At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals.Understanding and following the qualitative and quantitative components of our Risk Appetite Statements.Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings.Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls.Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders.Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution.KNOWLEDGE AND SKILLSFive to seven years’ experience in compliance with a focus on CRA and Fair Lending expertise.Strong analytical skills and proficiency in data analysis and reporting tools such as CRA and Fair Lending Wiz.Excellent communication and organizational skills with the ability to work independently and as a part of a team.Excellent written and verbal communication skills.Effective interpersonal skills.Proficiency in multi-tasking and prioritizing projects.Excellent time management skills and accustomed to working with deadlines.CRCM designation preferred.WORKING CONDITIONS
Monday- Friday (Full-Time)Work in office three days per week and 2 days remote.At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:Thrive:
Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
Connect:
Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
Develop:
Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
Prosper:
Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.
What 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 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, 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 StEmployment Type : RegularWeekly Hours : 40Skills : Compliance Reporting, Compliance Testing, Decision Making, Regulatory Compliance, Risk Assessments, Strategic Advice
#J-18808-Ljbffr
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 .The Compliance Advisor will be instrumental in supporting the execution of the Fair and Responsible Banking program with a strong focus on Community Reinvestment Act (CRA) and Fair Lending expertise. This role involves monitoring compliance with key Fair and Responsible Banking regulations including CRA, Fair Lending, Home Mortgage Disclosure Act (HMDA), Service Member Civil Relief Act (SCRA) and Military Lending Act (MLA).KEY ACCOUNTABILITIESPerform various fair lending and CRA monitoring on a quarterly and annual basis including data analysis of mortgage, consumer, small business and/or commercial loans to identify significant variances to fair lending compliance regulations and standards.Conduct in-depth analysis and generate compliance related reports for banks’ lending portfolios.Maintain proficiency in CRA and Fair Lending WIZ or other lending analysis tools.Manage the annual submission of HMDA and CRA Loan Application Registers (LAR).Conduct periodic data integrity checks and manage large data sets.Stay abreast of relevant fair and responsible banking laws and regulations and industry trends.Provide guidance to Business Units on regulatory interpretation of Fair and Responsible Banking regulations and advise on necessary actions to ensure compliance.Assist in the creation and maintenance of compliance policies and procedures ensuring alignment with current regulations and effective communication across the organization.Assist management with key decisions by analyzing relevant data and providing insightful input.Manage the reporting of program status and analytical results using Microsoft Excel and Powerpoint to create dashboards and effectively communicate findings.Provide Fair and Responsible Banking program information for presentations to senior management and various oversight committees, including the board of directors.Perform other duties as assigned or requested.COMPLIANCE REQUIREMENTS/RESPONSIBILITIESAs an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.AUTHORITIES/DECISION RIGHTSAs a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.CONDUCT & CULTURE RISK
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls.At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals.Understanding and following the qualitative and quantitative components of our Risk Appetite Statements.Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings.Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls.Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders.Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution.KNOWLEDGE AND SKILLSFive to seven years’ experience in compliance with a focus on CRA and Fair Lending expertise.Strong analytical skills and proficiency in data analysis and reporting tools such as CRA and Fair Lending Wiz.Excellent communication and organizational skills with the ability to work independently and as a part of a team.Excellent written and verbal communication skills.Effective interpersonal skills.Proficiency in multi-tasking and prioritizing projects.Excellent time management skills and accustomed to working with deadlines.CRCM designation preferred.WORKING CONDITIONS
Monday- Friday (Full-Time)Work in office three days per week and 2 days remote.At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:Thrive:
Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
Connect:
Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
Develop:
Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
Prosper:
Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.
What 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 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, 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 StEmployment Type : RegularWeekly Hours : 40Skills : Compliance Reporting, Compliance Testing, Decision Making, Regulatory Compliance, Risk Assessments, Strategic Advice
#J-18808-Ljbffr