CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at cibc.com/US.
CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders.
CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance – so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.
Every year, CIBC is recognized for its business success, community commitment and employee initiatives. We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.
CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran
This position is a centralized role within account administration that will be responsible for reviewing account opening documentation and engaging in quality control testing of key account administration functions.
- Approve account and closing opening requests through internal systems after ensuring all required internal and client documentation are properly completed and authorized.
- Respond to account opening and closing questions from relationship managers and administrators across the firm.
- Approve unique assets through internal systems after ensuring all required internal and client documentation are properly completed and authorized.
- Coordinate and conduct periodic reviews of unique assets maintained on the trust accounting system.
- Review new account coding on the trust accounting system to ensure data has been accurately input.
- Conduct quality control testing related to account distributions, unique assets, Reg. 9 annual reviews and other critical activities that are identified.
- Work with others throughout the organization to ensure compliance with the firm’s policies and procedures.
- Contribute as a team member in the enhancement of our fiduciary culture through the adoption of sound practices, strong controls and the ongoing development of required skills;
- Assist the account administration team with other tasks and projects as needed.
- Bachelor’s degree required.
- Experience working in fiduciary services, audit or compliance within a wealth management firm is preferred.
- Proficient in MS Office applications (Excel, Word, and Outlook)
- Strong communication skills and detail oriented.
- Ability to read and interpret trust instruments.
- Demonstrated project management skills.
- Prior experience working with a trust accounting system is preferred.