Manager, Finance Governance & Controls (12 months)

Socket.dev; Toronto; On-site; CAD 100,000 - 150,000; Full time

Job summary

CIBC is seeking a Manager, Governance and Controls to lead the implementation of Finance governance, compliance and control initiatives. You will ensure a robust internal control structure across Finance and oversee testing, deficiency management and assertion processes.

Reporting to the Director-Governance and Controls, you will collaborate with Finance groups and stakeholders to align with policies, regulatory requirements and risk management standards.

Qualifications

• Experience in risk management, process documentation and control design within a financial services context.
• University-level accounting education and progression toward an accounting designation; treasury experience is a plus.

Responsibilities

• Test and assess internal controls (FPC, RCM, OPC) and support annual test plans for Finance.
• Governance: design and document effective control structures aligned with policies and regulations.
• Operational risk management: support risk framework, guide process documentation, and assess risks and mitigations.

Skills

Risk management

Process documentation

Control design

Education

Bachelor's degree in Accounting or equivalent

Working towards accounting designation

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

Reporting to the Director-Governance and Controls, the Manager, Governance and Controls, will play a significant role in the implementation of Finance governance, compliance and control initiatives, programs and processes. The position is responsible for ensuring that an effective and well documented internal control structure is in place for Finance in accordance with current governance, risk and compliance requirements. The role works with all Finance groups and connected stakeholders to ensure that Finance’s risk management and control framework is rigorous and supports the division while being consistent with CIBC’s policies and procedures. The role is also responsible for the test of controls, deficiency management, and assertion process for Finance group.

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 activities - Test the design and operating effectiveness of FPC, RCM and OPC internal controls within Finance, including executing the annual internal control test plan for Finance, scheduling and facilitating walkthroughs, perform management testing and following-up on issues or deficiencies raised by Finance Management, CIBC’s Global Operational Risk Management, internal/external auditors, regulators and the control performers. In addition, facilitate quarterly assertion process for Finance groups, review and provide feedback on existing process and procedure documents, and participate and support the SOMO with key initiatives and projects (e.g. development of end to end Process Map, COE process documents, etc.), as required.

• Governance - Provide guidance on the documentation and design of an effective internal control structure in accordance with current governance, risk and compliance requirements (including FPC, RCM and OPC streams). Identify and elevate issues/areas of concern in a timely manner. Ensure compliance with all policies and guidelines (internal and external) and that deficiencies are resolved in a timely and effective manner.

• Operational risk management - Support Finance groups by ensuring compliance with requirements for the Operational Risk Framework and related standards and procedures. Provide guidance and best practices to Finance groups for preparation of process documentation (e.g. business process narratives and maps), including facilitating Finance in the identification of risks and development of mitigation strategies, acting as a compliance and control liaison to analyze and report internal operational loss events, reviewing external operational risk incidents for likelihood/impact at CIBC and supporting the execution and management of Risk Control Self-Assessment for all groups under Finance defined by Global Operational Risk Management

Who you are

• You can demonstrate experience in risk management, process documentation and control design in the context of a financial services organization and/or financial, operational, management and general entity controls to enable the creation of a sound control framework and the continuous improvement in the efficiency and effectiveness of internal controls across the division.You also have a university degree in Accounting (or equivalent) and completion or working towards an accounting designation. Treasury experience is 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'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'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 to life.

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results. You are a bold and accountable leader. You're passionate about developing and coaching to bring out the best in people.

• 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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.

Expected End Date

2026-09-16

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Regulatory Requirements, Risk Management Assessment, Waterfall Model, Work Collaboratively