Director, Asia-Pacific Regional Lead, Supervision & Governance, CIBC Capital Markets

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BUSINESS UNIT DESCRIPTION
CIBC Capital Markets delivers Sales & Trading, Investment Banking and Corporate Banking solutions, and top-ranked research, to institutional, corporate and government clients across Canada, the United States, Europe and Asia-Pacific.
Supervision & Governance (S&G) is cross-functional 1st Line of Defence unit specialising in Market Conduct. S&G proactively supports the Capital Markets businesses through a range of independent oversight activities including Controls & Assurance, Trade Surveillance, Communication Surveillance and Conduct Supervision.
JOB PURPOSE
As Capital Markets continues to experience strong growth across its Asia-Pacific franchise, an exciting opportunity has emerged to play a leading role in the enhancement and execution of a smart, sustainable and effective Supervision Framework.
The Regional Lead will serve as an individual contributor and will be responsible for driving the execution of the Regional Supervision Programme and ensuring the region’s Market Conduct and Client Protection risks are effectively identified and controlled. This a broad role that will require a combination of hands-on execution of supervisory controls, investigation of alerts or breaches escalated by other control partners, driving local thematic reviews and risk assessments, and overseeing local Business Supervisors to ensure they discharge their oversight duties effectively.
The successful candidate will be the primary owner and point of contact for all regional 1st line Risk & Control matters.
The role requires a self-starter used to operating independently, comfortable in working closely with Senior Management and Business Heads and driving practical risk and control outcomes in a fast-paced, front-office environment.
The regional focus of the role is on the Asia-Pacific Region, although the Regional Lead will also support some Global and European initiatives.
Key Responsibilities
Risk & Control
Execute a suite of independent supervisory controls to identify Market Conduct and Client Protection risks.
Analyse trading, supervisory and surveillance data to identify unusual patterns, emerging risks, policy breaches and control weaknesses.
Investigate control exceptions and conduct-related incidents, determining root causes and appropriate remediation actions.
Partner with Trade Surveillance and Communications Surveillance teams to investigate alerts, exceptions and potential breaches.
Collaborate closely with Sales and Trading Desks to continuously assess and enhance the 1st line control environment.
Supervision
Oversee the Asia-Pacific Capital Markets Supervision Framework, ensuring Regional Management and Desk Heads maintain effective supervision of employees in accordance with local regulatory requirements and CIBC policies and standards.
Maintain real-time oversight of employee conduct across Capital Markets and ensure Business Supervisors carry out appropriate investigation and remediation of any conduct concerns, policy violations and control deficiencies.
Provide independent oversight of management actions taken in response to employee misconduct, control breaches, surveillance alerts, complaints and other supervisory events.
Complete the quarterly conduct-reviews with Business Supervisors, ensuring all relevant compliance, risk and conduct matters owned by the Desk are accurately recorded and closed-out.
Monitor the effectiveness of desk-level supervisory practices and challenge Business Supervisors where oversight obligations or best practices are not being discharged appropriately.
Support Business Heads in understanding emerging conduct, client protection and regulatory risks affecting their businesses, while reinforcing ownership and accountability within the first line.
Governance
Maintain and enhance S&G’s regional supervisory policies, procedure and governance frameworks.
Support S&G’s Governance of Algorithmic Trading in the region, including the assessment of new applications and oversight of existing algorithmic trading systems.
Develop and deliver supervisory reporting, control dashboards and management information for senior management and governance committees.
Support internal audits, compliance reviews, regulatory examinations and inquiries relating to supervisory controls, market conduct and client protection risks.
Represent the Supervision & Business Risk function at governance forums and working groups across the region.
Drive enhancements to supervisory controls, reporting and monitoring capabilities through data analytics, automation and process improvement.
Horizon Scanning
Identify emerging Market Conduct and Client Protection risks arising from changes in business strategy, client activity and regulatory expectations.