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 the Executive Director of Global Regulatory Change Management, reporting to the Managing Director, you will be responsible for successfully leading the Central Regulatory Governance conduit and developing the governance framework. You will manage and oversee the Program Financials, creating governance arrangements from the inception of new changes through the impact assessment and financial planning process. You will identify and engage key stakeholders across the enterprise to ensure alignment, collaboration, and transparency. Additionally, you will establish metrics to monitor the effectiveness of regulatory program delivery and implement a feedback loop to continuously improve regulatory processes based on stakeholder input and regulatory developments. This role will contribute to the effective management and implementation of enterprise-wide regulatory programs. 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 3 days per week on-site, while other days will be remote. How You’ll Succeed Cultivating Talent & Team Success: You will focus on team and talent management by implementing effective performance management strategies. You will establish clear performance goals and expectations for your team members, ensuring a system for regular ongoing feedback to support their development. You will provide opportunities for skill enhancement and career growth through coaching and mentoring, fostering professional growth. Additionally, you will establish and communicate a clear vision and objectives for the team, ensuring alignment with the broader organizational and business strategy. By fostering a positive culture, you will create an inclusive and supportive work environment that encourages idea generation, collaboration, and innovation. You will also facilitate open communication and address any issues promptly to promote effective conflict resolution. Management and Oversight of the Program Financials: You will manage and oversee the program financials by adopting a comprehensive and holistic approach to ensure that oversight encompasses all aspects of the program. You will establish adequate governance and controls around one-time expenditures and new ongoing costs, ensuring appropriate levels of transparency throughout the process. Additionally, you will implement strategies to control spending while collaborating with partners to allocate resources effectively, promoting financial responsibility and efficiency. Regulatory Change Governance & Strategy Leader: You will oversee Regulatory Change Management governance, initiatives, and delivery by designing and coordinating the global intake process for all potential regulatory changes impacting capital markets. You will ensure a thorough impact assessment of changes from business, technology, and change management perspectives. As part of the fiscal year process for regulatory change, you will be responsible for appropriate and accurate financial planning. You will promote transparency regarding the global pipeline by coordinating and leading governance forums, such as management operating committees and executive leadership committees. You will be accountable for the accuracy of the materials presented, ensuring that key regulatory topics and risks are surfaced appropriately. Additionally, you may lead distinct regulatory change projects within the program as the Business Sponsor, ensuring that delivery aligns with CIBC and group best practices. Furthermore, you will act as a representative of Regulatory Change Management on industry regulatory forums. Regulatory Management & Support: You will provide essential support for 'Business as Usual' regulatory matters impacting Capital Markets, including regulatory examinations and internal audits. You will also assist with ad hoc ongoing activities necessary to ensure regulatory compliance for Capital Markets, contributing to the overall effectiveness and integrity of the regulatory framework. Additionally, you will work with the Global Regulatory Change Management Group and key stakeholders to develop Senior Management Board presentations and updates for regulatory change initiatives, as well as governance updates for Capital Markets for Regulatory Enterprise committees. Relationship Management: You will create a positive work environment and serve as an effective role model by championing CIBC’s mission, vision, and values. You will establish and maintain strong working relationships with counterparts across various business units within CIBC, facilitating the execution of efficient and proactive change in areas such as Compliance, Finance, Legal, Supervision and Governance, Technology, and Operations. Additionally, you will remain accessible to the business throughout the day, actively responding to requests in a timely manner to support collaboration and effectiveness. Who You Are You have undergraduate university degree in Business, Finance or equivalent. You possess 10+ years of relevant financial services industry experience. You have the business acumen. You bring strong knowledge and experience working with businesses within Capital Markets. You can demonstrate strong understanding of the division of major departments in a bank and the flow of information. You are a strong communicator. You bring well developed communication skills and can communicate with different individuals from back office, investigations officers, traders, marketers and middle office with regards to trade bookings and amendments. You are a problem solver. Solid problem solving, analytical thinking and ability to use initiative while responding in a high pressure and fast paced environment. You are passionate about people. Effective interpersonal skills, including good teamwork and relationship building. You know the details matter. Highly organized, confident and thorough, using good judgment, decision making and attention to detail. You have the ability to apply an enterprise mindset. Ability to look beyond the team and business unit in processes like impact assessments and delivery models. 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 Toronto-161 Bay St., 9th Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Business Effectiveness, Business Growth, Business Objectives, Capital Markets, Communication, Cross-Team Collaboration, Customer Experience (CX), Detail-Oriented, Governance Controls, Leadership, Operational Governance, People Management, Regulatory Change Management, Regulatory Compliance Management, Regulatory Operations, Regulatory Projects, Regulatory Risk, Stakeholder Management 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.
