Audit Manager, Capital Markets

CIBC US; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

CIBC is seeking a seasoned audit professional to lead and participate in large, complex audits within Capital Markets. You will assess controls, engage business partners, and provide independent opinions on design and effectiveness in a hybrid work setting.

With 3+ years in audit or related fields, you will leverage CPA/CFA/CIA assets and strong communication skills to influence risk management and control improvements across the organization. Toronto location, regular on-site and remote days.

Qualifications

• Minimum of 3 years proven and progressive experience in audit, accounting and/or other equivalent experience.
• Fundamental understanding of Capital Markets Trading, Sales and Compliance is desired.
• Professional designation such as CPA, CFA, CIA would be an asset.

Responsibilities

• Lead and participate in large, complex audits in Capital Markets and assess effectiveness of controls.
• Develop and maintain relationships with business partners and provide independent opinions on design and operating effectiveness.
• Communicate risk issues clearly and collaborate with management to implement action plans.

Skills

Audit Methodology

Audit Planning

Audit Reporting

Capital Markets

Internal Controls

Risk Management

Risk Based Auditing

Business Processes

Communication

Financial Derivatives

Operating Effectiveness

Accountability

Continuous Improvement

Teamwork

Education

CPA/CFA/CIA designation advantageous

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

In this role, you’ll have the opportunity to participate and provide leadership in large and highly complex audits in Capital Markets and effectiveness of operational and management controls in accordance with the CIBC Audit and 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 2 days per week on-site plus last Friday of every month, while other days will be remote.

Manage planning & execution of audit assignments - Identify and fully understand the key business processes, their inherent risk, and the control environment. Plan and/or participate in risk based audit activities, 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 realistic and workable solutions, to mitigate the risk and exposure in the long term. Continuous improvement - Provide effective and timely communication on risk issues with influence and judgment to create positive outcomes. Look for ways to enhance audit guidelines and practice development and to improve efficiency and audit experience.

Who you are

You can demonstrate experience in and have in-depth understanding of the capital markets business, products, risks, processes and related controls within areas of responsibility, with minimum of 3 years proven and progressive experience in audit, accounting and/or other equivalent experience. You also have a fundamental understanding of Capital Markets Trading, Sales and Compliance; Professional designation/certification such as CPA , CFA, 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 – 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 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-81 Bay, 34th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accountability, Audit Methodology, Audit Planning, Audit Reporting, Business Processes, Capital Markets, Communication, Continuous Improvement, Financial Derivatives, Internal Controls, Operating Effectiveness, Risk Based Auditing, Risk Management, Teamwork

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters