Manager – AML Transformation Delivery & Insights

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

You'll join CIBC's US AML Transformation, Delivery, and Insights team as the person who puts transaction monitoring (TM) rules into production. Our analytics team designs and tunes the rules; you turn their approved specifications into working code, map the source data each rule needs, test the result end to end, and stand behind it with Model Risk Management (MRM), audit and examiners. You'll work in SQL and in SAS or Python, on SAS AML, with Databricks alongside it. Experience on NICE Actimize SAM, Oracle FCCM/Mantas, Verafin or a similar platform carries over. This is an individual-contributor role with a direct line from your work to the controls that protect CIBC's US bank.

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

• Rule coding and deployment - Translate approved scenario and rule specifications into production code on the TM platform. Write clean, documented code, follow the bank's release process, and confirm rules operate as intended. 
• Testing and user acceptance - Plan and run unit testing, parallel runs against current production output, and user acceptance testing (UAT) before go-live. Explain and resolve every variance, and record the evidence so a reviewer can follow it without a walkthrough.
• Analytics and optimization - Support the development, tuning, and optimization of transaction monitoring rules through data mining, statistical analysis, and query development. Identify opportunities to introduce new rules and strengthen typology coverage using quantitative and qualitative insights.
• Production support - Investigate alert anomalies and rule or data defects, find the root cause, and work with Risk Technology and vendors to fix them. Keep the rule inventory and technical documentation current.
• Regulatory, audit and model risk support - Answer exam and audit requests with data and clear write-ups. Prepare implementation and testing documentation to  model risk standards and provide evidence.

Who you are

• You have built and implemented AML monitoring rules. You bring 5+ years of experience coding, testing and deploying transaction monitoring scenarios, rules or models at a bank, fintech, vendor or consulting firm.
• You write strong SQL, Python or a similar language. Experience on AML Transaction Monitoring Systems or a similar platform is an asset; your ability to learn a new platform quickly matters more than which one you know.
• You know data. You have mapped source data to detection logic, traced data through ETL, and reconciled feeds to source.
• You test with discipline. You have run unit, parallel and user acceptance testing and documented results that held up to MRM, audit or regulatory review.
• You understand the regulatory side: BSA/AML requirements, suspicious activity monitoring, and model risk expectations.
• You have a degree in Computer Science, Mathematics, Statistics, Finance or a related field, or equivalent experience. It's an asset if you hold a Certified Anti-Money Laundering Specialist (CAMS) designation.
• You know that details matter. You manage multiple priorities, work independently with limited supervision, and explain technical work clearly to technical and business audiences.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

California residents — your privacy rights regarding your actual or prospective employment 

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000 to $125,000 USD for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.#LI-TA

This position is not available for Visa sponsorship.

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*, 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 [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.
• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, 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.

California residents — your privacy rights regarding your actual or prospective employment

Job Location

IL-Chicago, 70 W Madison St Fl 8

Employment Type

Regular

Weekly Hours

40

Skills

Decision Making, Process Improvements, Quality Assurance (QA), Regulatory Compliance, Risk Assessments, Strategic Objectives