Senior Audit Manager, Wealth Management

Canadian Imperial Bank of Commerce; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Benefits program

Pension plan

Employee stock purchase plan

Vacation offering

Wellbeing support

MomentMakers program

Job summary

Canadian Imperial Bank of Commerce (CIBC) is recruiting for a role within Internal Audit focused on Wealth Management. The successful candidate will lead audit planning and execution, assess controls, and provide independent opinions on design and effectiveness while collaborating with cross-functional business partners.

The position offers a hybrid work model with 1–3 days on-site in Toronto, and requires professional auditing or accounting designations with a strong regulatory understanding.

Qualifications

• Knowledge of auditing practices and accounting principles.
• Strong understanding of Wealth Management regulatory environment in Canada.
• Auditing or accounting designations (CA, CMA, CFA, CPA, ACCA) are typically desired.

Responsibilities

• Audit Planning and Execution of audits for large or complex businesses.
• Audit Reporting of significant control weaknesses and root causes.
• People and Assignment Leadership for audit teams (not a people manager role).

Skills

Audit planning

Audit execution

Audit reporting

Leadership

Regulatory compliance

Wealth Management

Education

CPA/CA

CFA

CMA

ACCA

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 will provide leadership in improving the overall control environment within CIBC while developing and maintaining strong relationships with business partners. As part of this work, you will act as an individual contributor or lead multi-skilled audit teams covering the Wealth Management Line of Business. In addition, you will identify business controls, design audit steps and perform testing of these key controls with the objective of providing an independent opinion on the design and effectiveness of these controls in accordance with industry best practices. 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 Planning and Execution – While you will contribute to developing the division’s risk-based annual audit plan, your main focus will be planning and managing the execution of audits of large or complex businesses by identifying and fully understanding the key business processes and their inherent risk, the control environment, both at the management or operational levels, and the potential residual risks.
• Audit Reporting – Where relevant, you will identify significant business control weaknesses, and objectively assess the severity and materiality of the issues and their potential impact in a clear, concise, and professional manner. You will also drive the reporting component of the audit.
• People and Assignment Leadership – You will coach your team members on their developmental needs and provide leadership during individual assignments as well as team opportunities (this is not a people manager role).

Who you are

You can demonstrate experience in having a comprehensive knowledge of auditing practices and accounting principles and processes, and strong knowledge with a focus on Wealth Management (Asset Management, Brokerage and Private Wealth Management) and the related regulatory environment in Canada. You’re a certified professional. Typically this knowledge is acquired through obtaining an auditing or accounting designations (e.g., CA, CMA, CFA, CPA, ACCA), a business degree (e.g., M.B.A.), in addition to business experience either in the banking and financial services world or internal / external audit assurance and consulting services. You understand that success is in the details.

• You notice things that others don't.
• Your critical thinking skills help to inform your decision making.
• 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 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.

• competitive salary
• incentive pay
• banking benefits
• a benefits program*
• defined benefit pension plan*
• an employee share purchase plan
• a vacation offering
• wellbeing support
• 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 Details

• Job Location: Toronto-81 Bay, 26th Floor
• Employment Type: Regular
• Weekly Hours: 37.5
• Skills: Audit Assurance, Audit Planning, Audit Reporting, Communication, Internal Controls, Leadership, Regulatory Compliance, Wealth Management

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 to our clients, matters to us.