Sr. Analyst, Regulatory Reporting
CIBC Wood Gundy
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
As a member of the Legal Entity Regulatory Reporting team, you will participate in the preparation of regulatory returns for CIBC World Markets Inc. (WMI), CIBC Investor Services Inc. (ISI), CIBC Securities Inc. (SI), CIBC Trust, CIBC Mortgage Inc., CIBC Asset Management Inc., and CIBC Life Insurance to various regulators. Primary accountabilities include daily, monthly, quarterly, and annual reporting processes, including the preparation and submission of periodic regulatory reports for the AMF, CDIC, CIRO (formerly IIROC and the MFDA), CMHC, CPIF, OSC, OSFI, SEC and Stats Canada. Accountabilities also include interaction with various business partners, auditors and external regulators, as well as controllership type-functions including the review of legal entity results and analysis of the results in the context of key business drivers.
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 1-3 days per week on-site, while other days will be remote.
How You’ll Succeed
- Reporting – Responsible for the preparation of periodic regulatory returns supporting a multitude of areas as noted above.
- Advisory – Assist other business partners in respect of new business initiatives, including: Working with the Finance Business Support groups and Front Office to understand the initiative and identify relevant CIRO rules and regulations and implications thereon. Work with various functional groups to implement new initiatives, to ensure that all information necessary for regulatory reporting is captured. Perform moderately complex financial analysis to determine variances and trends in support of assigned business/partner groups.
- Regulatory Oversight - Assist in the monitoring applicable regulatory developments, co-ordinate with other groups to assess their impact on CIBC, for approved changes, ensure that the impacted LOBs (e.g. Finance, Technology and Operations) are engaged for implementation. For changes to regulatory requirements, assist in determining key information needs, develop/institute appropriate data collections routines, analytical procedures and reporting formats/requirement. Assist with the management of the annual CIRO FinOps examination for WMI, ISI and SI
- Ad Hoc Responsibilities - Work collaboratively with Controllership & Finance Operations, Statutory Reporting, and other internal and external partners. Identify ways to improve departmental operations to meet management needs and optimal operating efficiency. Perform special projects as assigned.
Who You Are
- You have a degree in Business, Accounting or Finance, along with 3+ years of relevant work experience. It’s an asset if you have a graduate degree in business and/or a Finance/Accounting designation
- You give meaning to data. You enjoy solving complex problems, researching new areas and making sense of information. You're confident in your ability to communicate complex information in an impactful way.
- Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
- You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
#LI-TA
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*, defined benefit pension plan*, an employee share purchase plan, 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, 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.
Job Location
CIBC Square Banking CentreEmployment Type
RegularWeekly Hours
37.5Skills
Accounting, Analytical Thinking, Balance Sheets, Business Support, Finance, Financial Analysis, Financial Operations, General Ledger (GL), Internal Controls, Regulatory Compliance, Regulatory Reporting, Reporting Processes