This job has closed.

CIBC · 2 months ago

AML Analytics Senior Manager

Chicago, IL

Full-time

Hybrid

Mid, Senior Level

$120K/yr - $150K/yr

5+ years exp

CIBC is a relationship-oriented bank for the modern world, seeking a Senior Manager in AML Analytics to lead their risk analytics team. This role focuses on identifying and mitigating emerging risks in anti-money laundering through advanced data analytics and strategic collaboration.

BankingCredit CardsFinancial Services

Responsibilities

Lead the assessment of complex and emerging AML risks, including those related to new products, technologies, and regulatory developments

Design, implement, and oversee advanced analytics solutions and models to proactively detect and prevent financial crime

Act as a subject matter expert, providing guidance to senior management and stakeholders on best practices, regulatory changes, and innovative risk mitigation strategies

Partner with EAML, technology, business units, and regulators to ensure a coordinated approach to AML risk management

Oversee the validation, monitoring, and continuous improvement of AML detection models to ensure effectiveness and compliance

Deliver clear, actionable insights and recommendations to executive leadership through comprehensive reports and presentations

Lead the development and execution of AML analytics strategies to meet regulatory requirements and business objectives

Provide thought leadership on AML risk management, ensuring alignment with CIBC’s broader risk and compliance frameworks

Foster a culture of continuous improvement and innovation within the AML Analytics team

Oversee the development of advanced quantitative models and data-driven solutions to enhance AML transaction monitoring and sanction screening systems

Ensure the application of statistical and analytical principles, tools, and techniques to deliver actionable insights

Assess data quality and its potential impact on AML compliance and risk management

Direct the design, testing, and implementation of new rules and models to improve the effectiveness and efficiency of AML systems

Translate complex business requirements into technical specifications for implementation by technology teams

Oversee data quality initiatives and expand transaction monitoring coverage to new product and risk types

Build and maintain strong relationships with technology partners, external vendors, and internal stakeholders to ensure program efficiency

Act as a key liaison between compliance teams and multiple business units, ensuring alignment and effective communication

Present findings and recommendations to senior leadership and regulatory bodies with clarity and confidence

Qualification

SQL programmingAML regulations knowledgeAdvanced analyticsData miningStatistical toolsTechnical specificationsInnovationContinuous improvementProblem-solvingCollaborationCommunicationLeadershipDecision making

Required

Minimum 5+ years' experience in analytics or technical fields, preferably in financial services, regulatory agencies, or law firms with a focus on compliance issues

Proven expertise in SQL programming, data mining, query performance tuning, and statistical tools such as SAS, R, Python, or similar

Strong knowledge of AML regulations, OFAC laws, economic sanctions, and compliance systems

Strong analytical, problem-solving, and decision-making skills with the ability to see the big picture

Proven ability to lead cross-functional teams and build consensus among diverse stakeholders

Passionate about leveraging new technologies and methodologies to address emerging risks

Preferred

Master's or PhD in Data Science, Statistics, Finance, Economics, Computer Science, or a related field is highly preferred

Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner), or equivalent are highly preferred