Associate, Centralized Governance & Controls

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 70,000 - 85,000; Full time

Job summary

A leading financial institution in Toronto seeks an Associate to implement and maintain governance and control initiatives for its Capital Markets division. The role entails executing control programs, developing management reports, and advising on policies. Applicants should have an undergraduate degree and 2-4 years of Capital Markets experience. A collaborative spirit and strong communication skills are essential. CIBC offers competitive pay, benefits, and a commitment to employee development.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Social recognition program

Qualifications

• 2 to 4 years of industry-related experience with Capital Markets.
• Strong understanding of governance requirements and control testing.
• Knowledge of operational, regulatory, and reputational risks.
• Passion for learning and growing knowledge.
• High degree of computer literacy.
• Good communication skills and team player.
• Adheres to company values of trust, teamwork, and accountability.

Responsibilities

• Implement and maintain governance and control initiatives.
• Develop test plans and perform control testing.
• Provide data analysis for decision-making.
• Advise on policies, procedures, and business requirements.
• Foster relationships with stakeholders.
• Participate in projects and committees.

Skills

Analytical Thinking

Detail-Oriented

Teamwork

Client Service

Capital Markets

Customer Experience (CX)

Business Effectiveness

Internal Auditing

Strategic Initiative

Education

Undergraduate degree in business or equivalent

Tools

Excel

Word

PowerPoint

SharePoint

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

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.

To learn more about CIBC, please visit CIBC.com

What You’ll Be Doing

Capital Markets provides integrated services and products aimed at serving investors as well as corporate and institutional clients globally. The Capital Markets business is a recognized leader in the industry specializing in investment banking advisory services, corporate lending and research.

Working closely with the Director, Centralized Governance & Controls (CGC), the Associate is accountable for the implementation, maintenance and adherence of governance and control initiatives, programs, and processes. The incumbent may also be required to participate in initiatives, projects and committees as assigned.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on‑site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

• Control Environment & Compliance Assessment: You and your team efficiently execute control programs by developing test plans, performing control testing, monitoring and managing deficiencies, and ensuring compliance with records management requirements. Together, you communicate results and support the timely remediation of identified issues.
• Reporting & Data Analysis: You create visually compelling, concise, and insightful management reports on the status of your Line of Business (LOB) owned deficiencies. You also provide data analysis to support policy and programme reviews, helping drive informed decision‑making.
• Risk & Regulatory Support: As a single point of contact, you help your LOBs meet Enterprise requirements, including Anti‑Bribery & Anti‑Corruption assessments, Risk and Control Self‑Assessments, Business Managed Technology, Third Party Governance, Operational Loss data enhancement, Key Risk Indicators, Privacy Incidents, and Anti‑Money Laundering Quality Assurance.
• Collaboration & Advisory: You advise your LOBs on developing policies and procedures, project plans, business requirements, executive presentations, and training materials. You actively participate in ad‑hoc business initiatives, CIBC‑wide projects, and committees, contributing your expertise wherever needed.
• Relationship Management: You foster strong relationships by regularly liaising with stakeholders across various CIBC LOBs and Capital Markets infrastructure partners—including Finance, Operations, Technology, Risk Management, Compliance, Privacy, and Audit. Your communication and collaboration help ensure the success of governance, control initiatives, and program delivery.

Who You Are

• You have an undergraduate degree in business or equivalent.
• You can demonstrate 2 to 4 years of industry‑related experience and have a strong understanding of Capital Markets related products and services. You have working experience managing governance requirements, including building controls and control testing. Your ability to effectively communicate with business partners is essential to success in the role.
• You bring knowledge of operational, regulatory, and reputational risks associated with Global Markets Trading, Investment Banking, and Corporate Banking, and a comprehension of the policies, standards, processes and controls that need to be in place to mitigate these risks.
• You love to learn. You’re passionate about growing your knowledge and applying it in order to bring efficiency to your work. Knowledge of audit and testing frameworks in the context of processes and controls is considered an asset.
• You are technically savvy. You have a high degree of computer literacy and familiarity with business tools (e.g. Excel, Word, PowerPoint and SharePoint) is a must. Experience with process automation components (i.e. Excel Macros) is an asset.
• You’re motivated by collective success. Team player with good communication skills, both verbal and written, as well as the ability to be able to think cross‑organizationally and build consensus.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability. #LI-TA

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 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 [e-mail]
• 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-161 Bay St., 9th

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Effectiveness, Capital Markets, Client Onboarding, Client Service, Customer Experience (CX), Detail-Oriented, Internal Auditing, Strategic Initiative, Teamwork