Senior Director Compliance [T500-26403]

About CIBC:

CIBC is a leading North American bank, with a history of more than 150 years of living our purpose - to help make your ambition a reality. Client relationships are at the centre of our strategy, and our growth is enabled by a highly engaged and connected global team. From digital banking to community impact, we’re proud to drive progress for our clients and our communities. Recognized for our culture, award-winning innovation and community investment, CIBC continues to evolve by putting people and progress at the centre of everything we do.

About CIBC India:

CIBC India is a technology and operations hub in Hyderabad, where you’ll be part of our highly engaged and global team, and play a central role in supporting our growth. Whether you’re driving innovation in digital banking or streamlining client onboarding, you’ll be part of a culture recognized for excellence and investment in people. At CIBC India, people and progress are at the centre of what we do: you’ll develop skills, collaborate with industry leaders, and see your ideas realized in a culture that values progress and belonging. We provide cutting-edge resources, ongoing learning, and a supportive environment where people come first. If you’re ready to create meaningful change and build your future, CIBC India is where your ambition meets opportunity.

What CIBC India Offers:

At CIBC India, your goals are a priority. We start with your strengths and ambitions and strive to create opportunities to tap into your potential. We aspire to give you a career that goes well beyond your compensation.

• We work to recognize you in meaningful, personalized ways including competitive fixed pay, performance-based incentive programs, a family-first benefits program, employer contributions for your retirement, attractive time off and leave offerings, 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 worldwide.
• 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.

What You’ll Be Doing (position summary):

You will serve as a subject matter expert and independent advisor on regulatory compliance matters for CIBC’s businesses in India. You will execute oversight activities, monitor regulatory changes, assess compliance risks, and support the implementation of the Regulatory Compliance Management (RCM) program. This is an individual contributor role, focused on providing expert guidance, conducting risk assessments, and ensuring effective regulatory compliance controls are in place.

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

How You’ll Succeed (responsibilities):

Regulatory Compliance Oversight:

• Execute Oversight Activities: Conduct independent oversight of assigned corporate functions in India to ensure compliance with applicable Indian and global regulatory requirements, as well as CIBC’s internal policies.
• Interpret Regulatory Requirements: Analyze complex Indian and international legal and regulatory documentation (e.g., RBI, SEBI, FEMA, Companies Act),
• Monitor Regulatory Changes: Continuously monitor the Indian regulatory landscape for new, amended, or emerging regulations relevant to CIBC’s operations in India.
• Policy and Procedure Review: Collaborate with business units to ensure that policies, procedures, and controls are updated and aligned with evolving Indian and global regulatory requirements.
• Risk Assessment: Perform risk assessments of regulatory requirements using established methodologies; identify, evaluate, and document compliance risks and controls specific to the Indian context.
• Deficiency Management: Monitor, track, and support the remediation of regulatory compliance deficiencies and control testing results, ensuring timely and effective resolution in accordance with Indian regulatory expectations.

Regulatory Landscape Analysis:

• Horizon Scanning: Proactively identify and assess the impact of regulatory changes, industry standards, and best practices on CIBC’s operations …