What are the responsibilities and job description for the Legal Counsel – State Law Specialist position at CIBC?
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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.
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CIBC is seeking an attorney to focus on research and proactive monitoring of state law in support of the activities of entities within CIBC Bancorp USA. This includes CIBC Bank USA, an Illinois-chartered state member bank, and CIBC Private Wealth, made up of a national trust company, Delaware trust company, and registered investment advisor. The attorney will also support CIBC’s US Privacy Office, which provides advice on US privacy laws and risks to all of CIBC’s US Region entities and to CIBC’s non-US entities.
What You’ll Be Doing
This attorney will identify, analyze, and advise on proposed and enacted state and local laws, regulations, ordinances, and policies that are relevant to CIBC’s US activities. The attorney will work closely with relevant CIBC lines of business, developing familiarity with CIBC’s US activities and strategic priorities, and honing the ability to determine what is relevant. The attorney will also work with the Regulatory Compliance Management (RCM) team within Compliance. The state law research performed by this attorney will also support CIBC’s government relations activities.
The attorney will conduct state law research on topics such as the following: loan disclosures; loan servicing, including interest on escrow, collections, and foreclosure; powers of attorney; fiduciary responsibilities; decedent accounts; minor accounts; unclaimed property; notary requirements; and other topics as appropriate.
Who You Are
Applicants must be licensed attorneys in good standing in at least one US state or the District of Columbia. Please specify your state(s) of licensure in your application materials. In addition, we are looking for the following attributes:
- Airtight legal research skills, including facility with Westlaw and/or Lexis-Nexis and Shepardizing case law.
- A genuine interest and ability in learning CIBC’s business, and the business of banking and financial services generally. This understanding is necessary to be able to identify and analyze relevant laws and cases, as well as relevant exemptions and exceptions, and to identify the right internal contacts to provide additional information as part of making such determinations.
- Prior experience in banking and/or investment services is helpful, though not required.
- Strong communication skills and the ability to effectively summarize and present detailed research to a wide variety of audiences.
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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000 - $130,000 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.
This position does not offer visa sponsorship.
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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 contactMailbox.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, 4th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Critical Thinking, Decision Making, Legal Consulting, Regulatory Compliance, Strategic AdviceSalary : $115,000 - $130,000
