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)

JOB PURPOSE

The Director, Regulatory Change Management, will be responsible for leading the implementation of regulatory change projects and initiatives for CIBC Capital Markets across Europe and Asia. Reporting to the Executive Director, Regulatory Change Management, based in London, the Director will work closely with global stakeholders to deliver change to meet new regulatory requirements or address the regulatory aspects of new business initiatives. This will include partnering with stakeholders in both the regional offices (UK, Luxembourg, Hong Kong, Singapore and Australia) and in the Head Office in Toronto. The role will include both project management and business analysis aspects, including drafting business requirements and supporting testing. Regulatory Transaction and Trade reporting change initiatives will be a particular focus area for the role.

KEY ACCOUNTABILITIES

• Project Management – At least 5 years’ experience in managing and delivering regulatory change projects within Capital Markets. Ability to remain project oriented and to multi-task multiple priorities. You will be take a leading role in project meetings and will be regulatory change representative on project committees. You will provide status and issue reports to Senior Management as required. You will liaise on a regular basis with individuals in the various Lines of Business and oversight functions, at various levels, to gather and validate information, document requirements and track project deliverables.

• Business Analysis – Extensive experience analysing new regulations impacting the Capital Markets business in UK, Europe and Asia. Experience drafting Business Requirement documentation for Technology deliverables to meet regulatory requirements. You will be responsible for supporting implementation plans, working closely with Technology as required. You will help to define test cases and support the validation of test results.

• Transaction & Trade Reporting projects – Experience working on Regulatory Transaction and Trade Reporting projects covering one or more of the following: UK / EU (MIFID II, EMIR, SFTR), and Asia (ASIC, MAS, HKMA). Familiarity with Transaction and Trade Reporting processes and requirements across a range of jurisdictions. Experience of dealing with key industry vendors in the regulatory reporting space.

• Industry Bodies – Attending industry forums and speaking to peer banks to track the response of the wider industry to regulatory change. Able to assess best practice and make recommendations for implementation accordingly.

• Debt, Equity and OTC Derivative Products Knowledge/Experience - Working knowledge

of the structure of debt, equity and derivatives transactions such as swaps, forwards, options etc from both a theoretical and practical viewpoint as well as the basic finance principles that underlie them.

• Relationship Management - You will effectively manage relationships with internal stakeholders (Front Office, Risk, Compliance, Technology, Operations and Client Data Management) to operationalize new or enhanced regulatory processes. As the liaison between Business, Technology, Compliance, Operations and other stakeholders, you will help drive delivery of regulatory projects.

• Analytical Skills - 5-10 years background in analytics leveraging state-of-the-art tools. Demonstrate a deep understanding of database structures (relational, hierarchical, distributed) and associated platforms. Ability to use effective communication skills necessary to interpret and convey data that is often very technical.

• Comfortable working with data tools, investigating large data sets and collaborating across different time zones.

• Comfortable with management information creation, distribution and presentation to meet

Senior stakeholder report requirements.

• Forward & Strategic Thinking - Define major types of compliance, audit and enforcement

mechanisms. Examine the impact on new regulatory obligations against existing workforce and technology designs. Develop and deploy formal training packages when rolling out new controls and/or analytical tools.

• Project leadership – provide direction in the execution of by working closely with a range of key business, technology and operations partners. Foster an environment oriented to trust, open communication, creative thinking and cohesive team effort.

• Subject Matter Expert - Demonstrate awareness of Regulatory Change obligations and, following research, develop into a subject matter expert explaining the requirements of regulations, policies and guidelines.

CROSS-FUNCTIONAL RELATIONSHIPS

• Project leadership – provide direction in the execution of by working closely with a range of key business, technology and operations partners. Foster an environment oriented to trust, open communication, creative thinking and cohesive team effort.

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES

• As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

AUTHORITIES/DECISION RIGHTS

• As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.

KNOWLEDGE AND SKILLS

• Work experience - You have a minimum of 7 years’ experience in the financial services industry with strong knowledge of data systems, operations processes and regulatory trade reporting requirements. You have strong knowledge of Capital Markets regulatory environment/landscape as well as product, trade lifecycle, and processes. You have the ability to translate regulatory interpretations into business requirements. Governance & controls knowledge would be a preferred asset.

• Education - You have an undergraduate degree in business or equivalent.

• Technical Skills - Advanced knowledge of PowerPoint and Excel is an asset, along with strong data analysis skills.

• You are digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends .

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

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

Job Location

150 Cheapside, London, UK

Employment Type

Regular

Weekly Hours

35

Skills

Adaptability, Adaptability, Analysis Tools, Analytical Thinking, Big Data, Business, Business Analysis, Business Effectiveness, Business Initiatives, Business Processes, Business Requirements, Business Requirements Documentation (BRD), Capital Markets, Champion Change, Change Management, Communication, Compliance Requirements, Creativity, Critical Thinking, Cross-Functional Teamwork, Customer Experience (CX), Customer Service, Data Analysis, Data Management, Datasets {+ 37 more}

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.