Job Description

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
The Portfolio Risk Management (PRM) team within Global Transaction Banking (GTB) is responsible for the first line Anti-Money Laundering (AML) Program for Correspondent Banking and Corporate Banking clients and includes a Due Diligence team and a Transaction Monitoring team.
Together with the first-line Transaction Monitoring team, the Due Diligence team is responsible for the periodic AML and Enhanced Due Diligence review and oversight for GTB's portfolio of correspondent banking clients. With over 1000 clients globally, the Due Diligence team is responsible for conducting 750-800 AML client risk assessments annually inclusive of performing a detailed review of the adverse media and geopolitical risks associated with all jurisdictions where the bank conducts its operations, and coordinating compliance meetings as required from time to time. The Due Diligence team partners closely with internal stakeholders including GTB Relationship Managers, the Transaction Monitoring team, Alternative Solutions Group, internal Client Services teams, Sanctions, and Regional Enterprise Anti-Money Laundering groups to ensure best AML practices are followed.
As a member of the GTB Portfolio Risk Management team, you will have the opportunity to contribute to the successful execution of CIBC's Enterprise AML framework as it relates to GTB's correspondent banking clients. At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you'll be on-site full-time.

How You'll SucceedReview and Assessment - Review Correspondent Banking client relationships at time of onboarding, periodic reviews, and event triggered reviews. Collaborate with other teams across CIBC to confirm a client's relationship across the Enterprise and ensure alignment with all applicable Enterprise AML standards. KYC & Client Information - Gather and validate information to assist in the preparation of compliance/governance reports such as the Qualitative Assessment Report, assess and highlight risk trends, review product information, and document any changes in overall client risk profile. Risk mitigation - Identify and mitigate risk to CIBC under purview of adverse media, transactional activity, geographical risks, and other key risk factors to CIBC. Investigate any potential risk-related concerns through analysis and various AML-specific investigative tools, including World-Check One, Bankers Almanac and other online information sources. Reporting - Investigate AML risk related concerns and assess areas of due diligence as required. Ensure AML and compliance reports are complete, accurate, and processed in a timely manner for submission to GTB RMs and other internal stakeholders in accordance with existing SLAs. Maintain and document records in accordance with regulatory requirements (OSFI/FINTRAC) and CIBC Enterprise standards. Recommendations - Make high quality risk-based recommendations to support client relationships that stand up to scrutiny by business personnel, compliance, internal/external audit, and regulators. Prepare written reports with recommendations to assist in effectively responding to high risk rated clients.


Who You AreYou have an undergraduate degree in a relevant discipline. You can demonstrate a minimum of 3 years AML and/or risk management experience including understanding of AML technical terms and concepts. Prior research experience, in any capacity is preferred. You possess knowledge of AML regulations and FATF guidance along with ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner. You act like an owner. Solid organizational, planning, and time management skills with ability to multitask, gather, organize, and interpret data and formulate preliminary conclusions. You possess strong critical thinking. Ability to demonstrate a good understanding and judgement of risk, particularly compliance/AML risk. You can demonstrate excellent written and verbal communication skills to effectively communicate recommendations. You are technically savvy. Strong Microsoft Office Suite skills is necessary. You are a certified professional. ACAMS/other AML-related credentials (ACFCS, etc.) considered an asset. Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

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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 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, French proficiency, 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.

Expected End Date
2026-04-03
Job Location
Toronto-161 Bay St., 8th
Employment Type
Temporary (Fixed Term)
Weekly Hours
37.5
Skills
Analytical Thinking, Business Development, Credit Risk Management, Customer Experience (CX), Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Portfolio Management, Researching