Sr. Manager, Regulatory Reporting - Capital Markets

Lensa is the leading career site for job seekers at every stage of their career. Our client, CIBC, is seeking professionals in Chicago, IL. Apply via Lensa today!

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 (https://www.cibc.com/en/about-cibc.html)

Our team oversees financial regulatory reporting to all US banking regulators, including the FDIC and the Federal Reserve. 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.

What You'll Be Doing

The Sr. Manager, Regulatory Reporting – Capital Markets is a professional responsible for overseeing and maintaining the integrity and timely submission of regulatory reporting for all US capital markets transactions. The role applies professional knowledge to assist in communicating value added insights through reporting and presentations to senior executives, ensuring they thoroughly understand the results, issues and trends. 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 for front, middle, and back office colleagues with regards to financial regulatory reporting requirements.

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.
• Present variance analysis to senior executives for approval prior to regulatory submission.
• Evaluate and integrate new reporting requirements into the reporting process.
• Maximize available technologies 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 capital markets-related regulatory reporting requirements and risk-based capital calculations:

• Maintain a continuous awareness of the risk profile of the business and market developments that may impact the business.
• Assist in a formalized process to efficiently calculate BASEL III risk-based capital calculations while leveraging technologies.
• Update calculation models as requirements change and/or new transactions are undertaken by CIBC’s growing capital markets businesses.
  
  

Support Periodic Regulatory And Internal Examinations

• Support and maintain a strong control environment related to regulatory reporting for capital markets transactions.
• Interact with senior executives, internal audit, and banking regulatory examiners.
  
  

Other Duties And Responsibilities

• Demonstrate interest in markets and macro trends and the ability to assess impacts to a given risk profile.
• Identify ways to improve departmental operations to meet management needs and optimal operating efficiency.
• Perform special projects as assigned.
  
  

Who You Are

• You have a college degree in Business/Accounting. 
• You have 10 years of capital markets regulatory reporting experience.
• You exhibit strong understanding of the capital markets transactions (e.g., derivative transactions, repurchase agreements, securities lending agreements).
• You possess a good understanding of accounting for capital markets transactions.
• You demonstrate general knowledge of GAAP principles as they relate to CIBC.
• You have working knowledge of PC applications (i.e., spreadsheets, word processing, etc.) and of regulatory reporting automated solutions.
• 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.

California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)

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

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.