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 (https://www.cibc.com/en/about-cibc.html) The Business Line Risk Management (BLRM) – AML & Sanctions Director supports four US Strategic Business Unit (SBU) lines of business, including Commercial Banking, Commercial Real Estate, Private, Personal and Digital Banking and Private Wealth Management, by providing subject matter expertise on Anti-Money Laundering (AML) compliance, supporting risk assessments, and recommending controls to mitigate AML/Anti-Terrorist Financing (ATF) and sanctions risks. The Director serves as a liaison between the lines of business and the US AML and Global Sanctions department, ensuring alignment with the broader AML/ATF and Sanctions risk management framework. **What you'll be doing** As a member of the Office of the Chief Administrative Officer (CAO), Governance & Controls, the BLRM AML & Sanctions Director will partner with stakeholders to actively manage risks and support alignment with the Bank’s Anti-Money Laundering (AML) and Sanctions Policies, Standards and Risk Appetite. _At CIBC, we enable the work environment_ _most_ _optimal_ _for you_ _to thrive in your role. Details on your work arrangement will be discussed at the time of your interview._ **How you'll succeed** + Monitor and promote compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC) regulations, and other applicable laws. + Collaborate with US AML, Global Sanctions and business teams to identify and assess money laundering and sanctions risks. + Identify red flags related to products and client segments; incorporate red flags into business procedures and provide product-specific training to frontline team members to enable timely identification and escalation of unusual activity. + Develop and monitor risk metrics to help inform key risk and performance indicators for the lines of business. ​ Leverage data to support qualitative assessments of risk through the Risk and Control Self-Assessment (RCSA) process. + Prepare and present AML/ATF and sanctions related reports to management. + Draft and maintain centralized AML/ATF and sanctions business procedures for common and core processes. Socialize changes with stakeholders, periodically assess alignment to enterprise and regional Policies and Standards, and provide training to applicable stakeholders to promote awareness and adherence. + Establish working relationships and collaborate with stakeholders across the lines of business to operationalize regulatory change. + Assess AML and sanctions risks related to change initiatives to inform design and deployment of commensurate controls. + Participate in regulatory examinations and internal reviews and support business teams with timely and effective remediation of identified deficiencies. ​ + Develop process maps to document key/core processes that support AML compliance (e.g., onboarding, CTRs, CDD maintenance, BSA travel rule, etc.). + Assist in the design, development and maintenance of AML and sanctions-related controls. ​ Partner with control testing teams in the review and evaluation of test scripts and workpapers. + Advise and support the lines of business on AML regulatory requirements and internal policies, including specific customer or transaction scenarios and questions. + Coordinate with business and Governance teams to assess and monitor staffing needed to support effective AML and Sanctions risk management. **Who you are** + You possess 7-10 years of experience in AML and/or sanctions; preference for experience within a large US-regulated financial services organization + You have a Bachelor’s degree, ideally in Accounting, Finance, Business or related field + You have a CAMS certification would be a plus + You exhibit strong interpersonal, written, verbal and presentation skills; ability to articulate complex issues concisely and communicate effectively and comfortably with senior leadership + You have positive relationship building and stakeholder management skills + You are able to execute tasks under aggressive targets and effectively manage to change in plans + You manage multiple initiatives and projects with limited supervision + You have experience with, or interest in Artificial Intelligence and process automation At CIBC, we offer a competitive total rewards package. This role has an expected salary range of **_$180,000K - $220,000K_** 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. This position does not offer visa sponsorship. **\#LI-TA** **California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)** **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 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 St **Employment Type** Regular **Weekly Hours** 40 **Skills** Anti-Money Laundering (AML), Anti-Money Laundering Compliance, Corporate Governance, Economic Sanctions, Fraud Management, Governance Risk Compliance (GRC), GRC Platform, Leadership, People Management, Regulatory Requirements, Risk Assessment Tools, Risk Management, Sanctions Compliance, Technical Knowledge At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.