Consultant, Business Controls - Bilingual

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 75,000 - 90,000; Full time

Job summary

A leading Canadian bank is seeking a Consultant, Business Controls to join their Governance, Risk, and Control Testing team. This role involves testing business controls, assessing risks, and ensuring compliance across various banking operations. The successful candidate will leverage their expertise to provide informed recommendations and foster strong relationships within the organization. CIBC offers a supportive environment where your skills and ambitions can flourish.

Benefits

Competitive salary

Incentive pay

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Social recognition program

Qualifications

• 5+ years of experience in risk assessment, internal controls testing, and/or internal audit.
• Fluency in both French and English required.
• Strong understanding of banking functions.
• Excellent relationship management and problem-solving skills.

Responsibilities

• Assess risks and controls related to client accounts and regulatory requirements.
• Test business controls across lines of business.
• Participate in risk assessment activities and discussions.

Skills

Business Controlling

Client Service

Communication

Compliance Monitoring

Group Problem Solving

Internal Controls

Project Management

Regulatory Requirements

Risk Management Assessment

Work Collaboratively

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

As a member of CIBC’s Governance, Risk, and Control Testing team, the Consultant, Business Controls is responsible for effectively assessing risk related to client accounts, providing risk management investigation and corrective action services that support multi-segment line management as it pertains to regulatory requirements. The role is primarily responsible for independently testing business controls across multiple lines of business, assessing control design and operating effectiveness, and documenting testing conclusions.The role applies advanced understanding of inherently high-risk process for all segments, utilizing strong problem solving skills to investigate, analyze, and provide informed recommendations on compliance issues, quality operational controls, risk assessment, and control activities. The Consultant, Business Controls uses independent judgement to determine methods and approaches to work, liaising with internal and external sources to obtain, provide, verify, and discuss information and best practices. Acting as a resource integrator for their area, the role independently documents findings of research, analysis, and calculations, developing models, detailed plans, reports, findings and conclusions for use in the decision making process.

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

• Relationship Management – Support the relationship management activities for the assigned Line of Business, in partnership with the Sr. Consultant, and Director, Governance and Controls. Partner and interact with peer and one up levels within the Line of Business, and 2nd and 3rd Lines of Defense.
• Risk Assessment – Identify risk and control issues and participate in risk assessment activities and discussions. Perform detailed risk assessments and root cause analyses on control gaps and operational losses. Compile, synthesize and summarize results of risk assessments. Map business control processes; identify potential failure modes and control gaps.
• Project Management – Participate in business, governance and regulatory projects to identify risk and control issues. Consult on new initiatives from a risk and controls perspective. Develop high level requirements for control processes and gaps within projects and new initiatives. Analyze and/or develop changes to control processes or procedures. Support all activities for the execution of the Control Framework requirements. Support development of remediation action plans.

Who you are

• You can demonstrate 5+ years of experience in risk assessment, internal controls testing and/or internal audit. You understand key business functions within banking including Retail Operations and Cash Management. You have extensive knowledge of risk management principles, practices, policies, and procedures.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise .
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
• You know that details matter. You notice things that others don't . Your critical thinking skills help to inform your decision making.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
• You're fluent in French and English to serve our clients in the community .

#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]

• 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, 30th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Controlling, Client Service, Communication, Compliance Monitoring, Group Problem Solving, Internal Controls, Project Management, Regulatory Requirements, Risk Management Assessment, Work Collaboratively