Aziz Somani
About Aziz Somani
Aziz Somani is a Senior Financial Analyst at CIBC with extensive experience in financial reporting and regulatory compliance.
Current Role at CIBC
Aziz Somani currently holds the position of Senior Financial Analyst at CIBC. He has been with the organization in this role since 2007. His responsibilities include preparing and analyzing regulatory reports for several major Canadian financial institutions. This involves ensuring the integrity and accuracy of financial information, maintaining the investment securities database, and conducting SOX (Sarbanes-Oxley) testing to ensure compliance with regulatory and legislative requirements. He also acts as a liaison with various branches, units, subsidiaries, and divisions to ensure consistency in financial reporting.
Previous Experience at CIBC and Citibank
Prior to his current role, Aziz Somani worked as a Financial Analyst at CIBC from 2005 to 2007 in the Toronto, Canada Area. Before joining CIBC, he served as a Senior Financial Analyst at Citibank Pakistan for eight years, from 1992 to 2000, in Karachi. His work experience at these institutions has provided him with a broad understanding and extensive experience in financial analysis and reporting.
Educational Background and Certifications
Aziz Somani achieved his Certified Public Accountant (CPA) designation from the Certified Public Accountants of Ontario, where he studied Finance and Financial Management Services from 2010 to 2013. He also holds an MBA with a Major in Finance from The International University in Missouri, USA, completed in 1970. Additionally, he earned a Bachelor of Commerce (B.Com.) in Accounting and Finance from Karachi University in 1970.
Expertise in Regulatory Reporting
Aziz Somani possesses extensive expertise in preparing and analyzing regulatory reports for major Canadian financial institutions, including the Bank of Canada, Statistics Canada, OSFI, and CDIC. His role involves the ongoing monitoring and updating of regulatory and legislative requirements to ensure proper adherence. He plays a critical role in ensuring compliance and accuracy in all financial documentation and communications.