Audit Manager, Risk Management

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A leading bank in Toronto is seeking an Audit Manager to enhance audit effectiveness in the Risk Management domain. The role involves assessing business risks, collaborating with teams, and managing audit assignments. The ideal candidate will possess strong analytical skills and relevant degrees. CIBC offers a supportive work environment with a focus on employee growth and competitive benefits.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition program

Paid day off for growth and development

Qualifications

• Knowledge of Market Risk, Counterparty Credit Risk, Liquidity risk.
• Experience in Capital Markets is an asset.

Responsibilities

• Perform detailed testing and analysis, evaluating controls.
• Work collaboratively with audit leaders to plan and execute audits.
• Effectively manage multiple audit assignments.

Skills

Analytical Thinking

Audit Management

Internal Controls

Operating Effectiveness

Risk Based Auditing

Risk Management and Mitigation

Work Collaboratively

Education

Bachelor’s degree in Business

Bachelor’s degree in Economics

Bachelor’s degree in Science

Bachelor’s degree in Engineering

Relevant Master’s degree or Designation/certification such as CFA/FRM

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

The Audit Manager role will primarily participate on audits within the Risk Management domain. Responsibilities include performing detailed testing and analysis, evaluating controls and documenting findings. The Audit Manager will proactively stay current on industry best practices, internal methodology enhancements, and regulatory changes to continuously enhance audit effectiveness.

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 execution – Assess key business risks and evaluate the design and operating effectiveness of related processes and controls; identify and communicate internal control weaknesses and inefficiencies to business line management.
• Teamwork facilitation – Work collaboratively with audit leaders and other audit team members to plan and execute risk-based audits, document audit results and perform continuous monitoring of management’s control environment. Participate on internal projects to improve and simplify audit processes.
• Project management – Effectively manage multiple audit assignments at various stages of the audit cycle, ensuring timely communication and completion of all required tasks.

Who you are:

• You can demonstrate Knowledge/experience. Knowledge of Market Risk, Counterparty Credit Risk, Liquidity risk and applicable Regulatory frameworks. Work experience in Capital Markets (including Treasury) is an asset.
• You’ve relevant degrees and certifications. Bachelor’s degree in Business, Economics, Science or Engineering. Relevant Master’s degree or Designation/certification such as CFA/FRM would be an asset.
• You give meaning to data. You enjoy data analytics and have academic/professional experience working with complex and unstructured data to extract meaningful information.
• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision of purpose.
• Your influence makes an impact. You have strong communication skills and understand that relationships and networks are essential to success.

• Values matter to you. You have a strong work ethics,

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]

• 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 tests (such as simulation, coding, French proficiency, MS Office). 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

Analytical Thinking, Audit Management, Internal Controls, Operating Effectiveness, Risk Based Auditing, Risk Management and Mitigation, Work Collaboratively