CIBC

Senior Audit Manager, Capital Markets

CIBC$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of experience in audit or Capital Markets/Treasury businesses.
  • In-depth knowledge of Capital Markets business processes and controls.
  • Professional designation such as CPA, CFA, FRM, or CIA preferred.
  • Strong problem-solving skills with the ability to interpret complex data.
  • Ability to build trust and maintain relationships with diverse stakeholders.

Responsibilities

  • Lead multi-skilled audit teams on complex Capital Markets audits.
  • Identify and assess business processes and their inherent risks.
  • Provide independent evaluations of operational and management controls.
  • Develop actionable plans with business management to mitigate risks.
  • Communicate risks and foster a team environment focused on continuous improvement.

Benefits

  • Hybrid work arrangement allowing flexibility between remote and on-site work.
  • Personalized recognition and competitive benefits program.
  • Wellbeing support and participation in a social recognition program.
  • Opportunity for professional development with paid Purpose Days.
  • Defined benefit pension plan and employee share purchase plan.
Full Job Description
What you’ll be doing

In this role you’ll have the opportunity to provide leadership in improving the overall control environment within CIBC and lead multi-skilled audit teams on large and/or highly complex audits in Capital Markets areas of the Bank. You’ll provide an independent opinion on the design and effectiveness of operational and management controls in accordance with industry best practices and develop and maintain strong relationships with business partners.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

  • Audit Assignments -Identify and fully understand the key business processes, their inherent risk, and the control environment. Scope and plan risk based audits, assess relevant processes and controls, and provide an independent opinion on their design and operating effectiveness.

  • Audit Reporting -Identify business control weaknesses, and objectively assess the severity and materiality of the issues and their potential impact on the business. Work with business management to develop action plans based on provide realistic and workable solutions, to mitigate the risk and exposure in the long term.

  • Continuous Improvement -Provide effective and timely communication on risks and issues with influence and judgment to create positive outcomes. Foster positive team environment that looks for ways to enhanceaudit guidelines and practice developmentand to improve efficiency and audit experience. Play advisory role in matters related to risk assessment and controls.

Who you are

  • You can demonstrate experience inin-depth knowledge and understanding of the Capital Markets related businesses, products, risks, processes and controls, with minimum of 5 years proven and progressive experience in audit, Capital Markets or Treasury businesses, accounting or other equivalent experience; Professional designation/certification such as CPA , CFA, FRM, CIA or equivalent would be an asset.

  • You embrace and champion change.You'll continuously evolve your thinking and the way you work in order to deliver your best.

  • You give meaning to data.You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

  • You're passionate about people.You find meaning in relationships, and surround yourself with a diverse network of business partners. You build trust through respect and authenticity.

  • Values matter to you.You bring your real self to work and you live our values 6 trust, teamwork and accountability.

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*, defined benefit pension plan*, an employee share purchase plan, 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 clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

  • 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.

  • We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

  • We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 34th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Internal Auditing, Internal Controls, Management Controls, Operating Effectiveness, Risk Assessments, Risk Management, Risk Mitigation Strategies

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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