Senior Compliance Associate

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Job Purpose

As a key component of the Central Compliance function, this is a multi-functional role requiring a number of key competencies in order to support the Compliance function in the UK and Luxembourg, reporting directly to the Head of Central Compliance (ED1) in the UK and is responsible for:

Control Room Function - Ownership and oversight of all aspects of the Control Room in the UK including related regulation, policies, procedures and controls, interface with UK and Luxembourg businesses in order to manage conflicts of interest, interface with the Toronto Control Room to ensure alignment of processes and policies with the Parent, where applicable as well as ongoing oversight and management of the services being provided by the Toronto Control Room to Europe, training of employees in the UK and Luxembourg.

Senior Managers and Certification Regime – Ownership of the entire SMCR framework in the UK including related regulation, policies, procedures and controls. Ownership of the annual Certification process for both the Certified population of employees in the UK and all SMF's as well as onboarding of new Certified Persons.

Central Compliance responsibilities - The individual will also assist the Head of Central Compliance, with ongoing projects, presentations and management reports as well as daily administrative tasks.

Key Accountabilities

Senior Managers and Certification Regime:

• Maintain Senior Manager and Certification policies and procedures in line with regulatory requirements
• Responsibility for the registrations, amendments and withdrawals of all Senior Manager Function (SMF) staff, ensuring regulatory expectations are met
• Responsibility for the completion of annual re-certification exercise and certification/de-certification of all Certified staff
• Creation and maintenance of all regulatory documentation required under Senior Managers and Certification Regime

• Providing advice, support and training to Senior Managers on their responsibilities under SMR including induction training

• Control Room - Managing the day-to-day activities of the Control Room, including but not limited to – Information Barriers, Conflicts Management and Outside Business Activities/Investments:

• Maintain and enforce policies and procedures to prevent the improper flow of material non-public information (MNPI) between public and private sides

• Oversee the maintenance and accuracy of watch lists, restricted lists, and deal lists
• Coordinate and document wall crossings, ensuring all regulatory and internal requirements are met
• Provide guidance and training to staff on wall crossing protocols
• Act as the primary point of contact between the control room and business units (e.g., Investment Banking, Corporate Banking, Global Markets)
• Liaise with the Global Control Room and ensure that European processes and requirements are accounted for in Global programmes
• Investigate and escalate potential breaches of information barriers
• Prepare regular reports for senior management on control room activities, incidents, and key metrics

• Maintain accurate records of wall crossings, information flows, and related decisions

• Maintain, update and implement Control Room policies and procedures, ensuring consistency with relevant laws and regulations

• Approval, rejection and logging of Gifts & Entertainment requests, ensuring compliance with European legislation and regulatory requirements

• General responsibilities:

• Approval, rejection and logging of Gifts & Entertainment requests, ensuring compliance with European legislation and regulatory requirements
• Managing all Personal Account Dealing queries, declarations and requirements in line with policy requirements
• Collating Management Information on behalf of the Head of Compliance, Europe to provide to senior management
• Liaising directly with colleagues in Toronto and keeping abreast of global policies, procedures and controls
• Working alongside the Compliance Team to ensure ongoing development and maintenance of an effective Compliance function, taking an active part in team meetings and participation in business planning
• Completing all BAU activities to a high standard and escalating any concerns to the Head of Compliance, Europe
• Reporting and escalating non-compliance with applicable policies

KNOWLEDGE AND SKILLS

• General knowledge of the financial industry within an investment banking environment with the ability to understand and interpret various laws, regulations, and policies
• General knowledge of FCA regulation and industry guidance, with particular experience of Senior Managers and Certification Regime
• Able to react quickly to time pressured requests
• Proficient in use of Microsoft Office (Word, Excel, PowerPoint)
• Ability to interrogate and extract data from a wide variety of systems
• Excellent report writing and presentation skills
• Conscientious and pays excellent attention to detail
• Excellent communication skills (both verbal and written), able to interact and work closely with the front office and colleagues cross-border at all levels within the organization
• Able to foster strong working relationships with the front office and other key stakeholders (e.g., Legal, Risk and HR)

PREFERRED BACKGROUND

Educated to degree level with previous experience in Investment Banking.

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

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- 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

150 Cheapside, London, UK

Employment Type

Regular

Weekly Hours

35

Skills

Business, Business Banking, Business Units, Communication, Compliance Reporting, Compliance Testing, Conflict Management, Decision Making, Employee Relationships, Ensure Compliance, Global Market, Investment Banking, Investments, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Policy Enforcement, Presentations, Professional Presentation, Regulatory Compliance, Regulatory Documents, Regulatory Requirements, Risk Assessments, Strategic Advice, Training and Development