Compliance Associate London
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 Job Description Job Purpose To strengthen the Central Compliance function and provide an additional dedicated Control Room resource within the UK Compliance Team and reporting directly to the Head of Compliance, Europe. The role is responsible for overseeing and assisting with all aspects of Central Compliance and Control Room related regulation, policies, procedures and controls. The individual will also assist the Head of Compliance, Europe with ongoing projects, presentations and reports. Key Accountabilities Administering/Overseeing the day-to-day activities under Central Compliance remit, including but not limited to: Senior Managers and Certification Regime: Maintain Senior Manager and Certification policies and procedures in line with regulatory requirements Responsibility for the registrations, amendments and withdrawals of all Senior Manager Function (SMF) staff, ensuring regulatory expectations are met Responsibility for the completion of annual re-certification exercise and certification/de-certification of all Certified staff Creation and maintenance of all regulatory documentation required under Senior Managers and Certification Regime Providing advice, support and training to Senior Managers on their responsibilities under SMR Administering the records management policy for the UK Compliance team adhering to relevant retention periods and disseminating relevant requirements to all team members Approval, rejection and logging of Gifts & Entertainment requests, ensuring compliance with European legislation and UK regulatory requirements Managing all Personal Account Dealing queries, declarations and requirements in line with policy requirements Managing the assignment of online compliance training for all staff and supporting Compliance team delivery of face-to-face training in line with Compliance Annual training plan Supporting the Compliance team with all general administration such as ensuring completion of compliance onboarding for incoming staff, team inbox management and co-ordinating reporting requirements, etc. Managing the day-to-day activities of the Control Room, including but not limited to – Information Barriers, Conflicts Management and Outside Business Activities/Investments Maintain, update and implement Control Room policies and procedures, ensuring consistency with relevant laws and regulations Completing all BAU activities to a high standard and escalating any concerns to the Head of Compliance, Europe Reporting and escalating non-compliance with applicable policies Collating Management Information on behalf of the Head of Compliance, Europe to provide to senior management Assisting the Head of Compliance, Europe with ongoing projects, presentations and reports Liaising directly with colleagues in Toronto and keeping abreast of global policies, procedures and controls Working alongside the Compliance Team to ensure ongoing development and maintenance of an effective Compliance function, taking an active part in team meetings and participation in business planning Provide leadership & management of 1 direct report KNOWLEDGE AND SKILLS General knowledge of the financial industry within an investment banking environment with the ability to understand and interpret various laws, regulations, and policies General knowledge of FCA regulation and industry guidance, with particular experience of Senior Managers and Certification Regime Able to react quickly to time pressured requests Proficient in use of Microsoft Office (Word, Excel, PowerPoint) Ability to interrogate and extract data from a wide variety of systems Excellent report writing and presentation skills Conscientious and pays excellent attention to detail Excellent communication skills (both verbal and written), able to interact and work closely with the front office and colleagues cross-border at all levels within the organization Able to foster strong working relationships with the front office and other key stakeholders (e.g., Legal, Risk 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] 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 Job Location 150 Cheapside, London, UK Employment Type Regular Weekly Hours 35 Skills Communication, Compliance Reporting, Compliance Testing, Control Rooms, Decision Making, Detail-Oriented, Ensure Compliance, Information Barriers, Law, Leadership Management, Legal Practices, Management Reporting, Office Administration, People Management, Presentations, Regulations, Regulatory Compliance, Regulatory Documents, Regulatory Requirements, Reporting Requirements, Risk Assessments, Strategic Advice, Teamwork
