Executive Director, Regulatory Supervision

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

Regulatory Supervision is primarily responsible for the supervision of all U.S. sales and trading desks within Global Markets. The supervisory program is designed to reduce and manage regulatory risk by preventing violations from occurring as well as detecting when violations do occur. Regulatory Supervision is a business role (not Compliance) and is delegated the responsibility to supervise on behalf of Global Markets business heads.

Regulatory Supervision has been delegated the authority to develop and manage the execution of a robust and effective supervisory program for all US Global Markets businesses.

As a key contributor to the supervisory program, the incumbent has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness of the regulatory reporting regime.

How You’ll Succeed

• The team’s primary mandate is to create and maintain a robust supervisory framework for the U.S. registered broker-dealer and OTC derivative/swap trading products, including: Cash Equities, Program Trading, DMA, Listed Equity Derivatives, Delta1, Convertibles, Fixed Income, Treasuries, Repo Financing, Prime Brokerage, Commodities, Interest Rate Derivatives, FX

• The ideal candidate will utilize SQL and Python skills to enhance the self-service aspect of CIBCs supervisory program

• Assist with the tracking and organization of surveillance metrics of various regulatory reporting obligations, including: CAT, TRACE, LOPR, Swap Dealer Trade Reporting

• Manage the team’s ongoing projects, inquiries, audits, examinations in coordination with Business Management and Compliance

• Maintain and enhance the documentation of internal policies and Written Supervisory Procedures (WSPs) to comply with applicable trading regulations (SEC, FINRA, CFTC, NFA and others)

• Provide specialized advice on transactional issues to trading floor personnel as well as Business Management

• Promptly escalate significant issues and material incidents of non-compliance to the relevant Global Markets business head, senior Compliance officer and, if appropriate, head of US Global Markets for resolution including recommendations for corrective action

• Collaborate with Project teams and infrastructure partners on new product initiatives as well as the development and implementation of solutions to address existing/new regulatory requirements

• Work with Compliance to analyze proposed/new rules and regulation