Senior Manager, Sanction Operations

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 Senior Manager, Sanction Operations you will lead a dynamic operations team to help protect our clients, internal business partners, and correspondent banks by managing first level payment screening. You’ll be responsible for L1 sanctions review for wires (SWIFT and non-SWIFT), as well as being accountable for payment exception transaction monitoring and processing. The team is responsible for managing liquidity with LYNX and working closely with our internal partners in accordance with Vostro account daylight and overdrafts limits. There is a lot of positive change in the wire payments space and this role plays a critical role in ensuring minimal risk to the bank as we navigate through the next few years.

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

• Strong Leadership skills – You will lead the team by leveraging and building upon a toolset focused on capacity, process, and workflow management. You will work to continuously improve operational productivity and efficiency while minimizing errors and losses.

• SWIFT Payment knowledge – You will apply your knowledge of SWIFT standards to show the team how to resolve complex wire payment investigations. You will build and maintain strong relationships with our correspondent banks and internal business partners to ensure timely resolution of files.

• Client Focused – Working with our business partners and stakeholders, you will focus tirelessly on achieving the best possible results for our clients. This includes short term results for immediate needs and more strategic improvements for long-term benefit across all processes.

• Managing risks and eliminating errors – You will review our existing processes with vigilance and seek to minimize or eliminate the possibility of human or technological error. You will play an active role in identifying improvements with technology, business controls, and end-to-end business processes. You will hold your team to a high standard to ensure risk management remains engrained in the team’s culture.

Who You Are

• 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.

• 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.

• You engage with your heart and mind. You care about people and understand different perspectives. You listen and learn from the experiences of others.

• 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 give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

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

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