Chief Fiduciary Officer

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 Job Description Chief Fiduciary Officer CIBC Private Wealth Management offers corporate trustee services to our clients through two separate legal entities; CIBC National Trust Company (“CIBC NTC”) and CIBC Delaware Trust Company (“CIBC DTC”). Our products cover the full fiduciary, agency, and custody spectrum, including fiduciary trust administration and investment management, directed trustee, trusteed IRA, administrative agency, and trust reporting. The Chief Fiduciary Officer is a named officer for CIBC’s two trust companies; CIBC NTC and CIBC DTC, and is responsible for leading, managing, and supervising the delivery of fiduciary services, including personal trust administration and tax preparation and filing consistent with applicable laws and industry standards for CIBC’s trust services. The Chief Fiduciary Officer assumes responsibility for developing fiduciary administration policies and procedures for the trust companies. Job Responsibilities Lead and supervise the trust administration, fiduciary, estate settlement and closely-held business teams and the execution of their duties, including pre- and post-acceptance reviews, annual administrative reviews, prudent exercise of discretion, interpretation of the governing document, account terminations, and the administration of each trust in accordance with applicable laws, regulations, and the terms of the governing instrument. Monitor compliance with all trust company policies and procedures as well as all applicable state and federal banking and trust regulations in the context of their responsibilities, and partner with Legal, Compliance, Governance and Controls, and Risk Management, as appropriate. This position interfaces directly with the trust company boards, firm-wide risk governance, and requires a sophisticated understanding of personal trust services, trust administration, wealth management, investment strategies, and risk management. Act as liaison with audit and regulators to facilitate examination of the fiduciary processes. Serve as Chair of the Trust Committee, including reporting on the fiduciary business, as well as overseeing the Discretionary Actions Committee (“DAC”) and the Discretionary Distributions Committee (“DDC”). Collaborate with committee members and management to ensure relevant, accurate, and clear reporting is provided in order to effectively identify, handle, and advance risks, and meet the trust companies’ fiduciary obligations. Develop internal and external contacts to ensure changes in the personal trust industry are monitored, emerging risks are handled, and market opportunities are identified and evaluated. Qualifications 15 years’ experience within the financial services industry, and at least 10 years of significant personal trust administration experience. Deep understanding of the personal trust business in a fiduciary environment. Purpose driven leader who displays confidence and courage in business and talent decisions, actions and communications with a shown ability to take decisive action when needed including championing ideas, position or dissent. Able to act decisively in making solid, informed judgment calls in response to both the technological and critical regulatory environment and the day-to-day business issues. Strong emotional intelligence/maturity and senior level executive presence. Experienced in effectively assessing, selecting and developing talent for the firm; adept at providing balanced, direct and measurable feedback to employees. Experience managing multiple priorities and supervising distinct teams with varied strengths. Thrives on initiating, building and encouraging strong authentic relationships inside and outside the group; highly reciprocal; navigates and activates alignment across organizational silos. Experience overseeing an OCC chartered trust company or trust department. Bachelor’s degree or higher— JD or CTFA preferred California residents — your privacy rights regarding your actual or prospective employment 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. Job Location GA-3290 Northside Pkwy, 7th Fl Employment Type Regular Weekly Hours 40 Skills People Management, Risk Management, Team Management At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.