Regulatory Reporting Quality Assurance Testing Lead

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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.
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The primary focus of this position is to lead the execution of QA programs that monitor, test, and report on relevant Regulatory Reporting compliance risks and oversee testing performed by Quality Assurance (QA) team members. CIBC US Finance Regulatory Reporting Quality Assurance program helps ensure the accuracy, completeness, and timeliness of the reporting submissions that include but are not limited to FFIEC 041, FFIEC 009, FFIEC 002, FR 2052a, FR-Y-9C, FR Y-11, and FR Y-15. The position will involve frequent interaction with Regulatory Reporting process owners and stakeholders to promote timely completion of established test plans. As needed and applicable, the role will provide advice on control considerations, and issue resolution as well as assistance with regulatory and audit exam engagements. The role reports to the US Finance Regulatory Reporting Quality Assurance Manager.
Essential Responsibilities

• Contribute to the assessment of Regulatory Reporting compliance risks and complete risk-based monitoring and testing plans
• Lead the performance and documentation of QA test plans of assigned regulatory report reviews
• Perform transactional substantiation testing and document end-to-end testing
• Deliver clear and actionable review results and process feedback from stakeholders
• Ensure timely delivery of deliverable milestones that include testing and review workpapers, and reports
• Stay abreast of industry and regulatory changes, analyzing the impact on external reporting and control environment compliance
• Assist the Regulatory Reporting team with regulatory exam preparation and related remediation efforts as it pertains to the Regulatory Reporting Quality Assurance program
• As appropriate, assist 2nd line Risk and Internal Audit with their evaluation of Regulatory Reporting matters
• As appropriate, contribute to broader Governance & Oversight routines and initiatives focused on improving monitoring, testing, and issue reporting processes
• Be capable of applying analytical tools such as Tableau and Alteryx to make improvement on the overall efficiency of Quality Assurance program
• Perform ad-hoc projects as assigned related to Regulatory Reporting governance and compliance management led by the second line
• Hybrid work schedule with a minimum of 3 days in the office located in Chicago, IL

Qualifications/Requirements

• Bachelor's degree in Accounting or Finance. CPA preferred
• Knowledge of Quality Assurance Testing methodology, Regulatory Reporting schedules, and external reporting processes
• Minimum three years of accounting or auditing experience in the banking or financial services industry, preferably with experience focused on external Regulatory Reporting.

Desired Characteristics

• Excellent analytical and problem-solving, and documentation skills
• Excellent communication skills - both oral and written
• Ability to manage multiple projects/priorities and drive each to completion
• Strong Microsoft Office Skills and familiar with data profiling and analysis tools such as tableau and Alteryx are a plus

Who you are

• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision-making.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it's the right thing to do.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

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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.

Job Location
IL-120 S LaSalle St, 5th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Accounting, Analytical Thinking, Communication, Financial Analysis and Reporting, Lending Products, Process Improvements, Regulatory Reporting, Reporting Processes