Chicago, IL, USA
18 hours ago
Sr. Manager, Regulatory Reporting

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

Our team provides financial services across CIBC. Through insight, analysis, and best-in-class execution we enable CIBC's core purpose: to help make our clients' ambitions a reality. Our bank relies on our group to make better decisions, plan for the future, and effectively manage its balance sheet and business as a whole. We strive to put clients first, get it right, get it done quickly, and add value in everything we do.

What You'll Be Doing

The Sr. Manager, Regulatory Reporting is a professional responsible for overseeing and maintaining the integrity of the daily and monthly financial reporting within World Markets and Treasury, ensuring accuracy in the daily management reporting. The role applies professional knowledge to assist in communicating value added insights through reporting and presentations to business leaders, ensuring they thoroughly understand the results, issues and trends. The Sr. Manager, Regulatory Reporting analyzes issues, data, processes and situations to develop, coordinate and maintain processes for the reporting and analysis of key performance metrics. The role manages professionals, managers and operational support employees, collaborating on business initiatives, projects, and testing of new systems and processes. In addition, the role acts as the primary point of contact between all internal departments, traders, marketers and external clients for all financial or risk reporting.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You'll Succeed

Lead the production of periodic financial regulatory reports (FFIEC, FR Ys, & TIC):

Develop, maintain and document all processes to produce the regulatory reports.

Develop and maintain highly efficient and organized work papers to document report production.

Evaluate and integrate new reporting requirements into the reporting process.

Maximize available technologies (Hyperion, BIC & Internal Databases) to facilitate reporting.

Partner with all departments to ensure that an efficient workflow is maintained within and between the departments including data gathering and inputting methodologies for all report production processes.

Understand risk-based capital calculations:

Assist in a formalized process to efficiently calculate BASEL III risk-based capital calculations and maintain all other risk-based calculations while leveraging technologies.

Update the calculation model as requirements change.

Support periodic regulatory and internal examinations

Other Duties and Responsibilities:

Identify ways to improve departmental operations to meet management needs and optimal operating efficiency.

Assist with the month end close and internal consolidation reporting activities, as assigned

Perform special projects as assigned.

Who You Are

You have a college degree in Business/Accounting and/or 3rd/5th level CMA/CGA  

You have minimum 10 years’ experience working knowledge of costing, planning, management reporting and analytical procedures and techniques 

You possess a good understanding of accounting and/or management information requirements, organization structure and business of the reporting unit 

You demonstrate general knowledge of GAAP principles as they relate to CIBC 

You have working knowledge of PC applications (i.e., spreadsheets, word processing, graphics, etc.) and of relevant mainframe applications 

You are detail-oriented and analytical 

You are a strong communicator with solid presentation skills 

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $125K - $160K 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.


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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 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, 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

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Financial Regulation, Financial Reporting and Analysis, Management Reporting, Regulatory Reporting
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