Audit Manager, Validations Centre of Excellence

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. You will lead multi-skilled audit teams on large and complex regulatory remediation validations across various CIBC business lines, with a focus on the Capital Markets, Commercial Banking, Wealth Management Portfolios. You will design and execute audit steps to complete regulatory validations and you will also provide an independent opinion on the design and effectiveness of management’s remediation including an opinion on controls in accordance with industry best practices. You will build and maintain strong professional relationships with Internal business partners within Internal Audit and across the three lines of defense.

Additionally, the senior manager is responsible for ensuring activities are conducted to high standards of accuracy, rigor, and credibility, and according to regulations and industry standards. 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 2-3 days per week on-site, while other days will be remote.

How you’ll succeed

Audit effectiveness and execution - Work collaboratively with internal and external stakeholders to plan and execute regulatory remediation validation activities and effectively manage multiple activities at different stages to ensure completion within required timelines. You will communicate regularly on progress and issues to ensure timely exaction of teams deliverables and at a high level of quality and compliance with audit standards.

Audit reporting - You will drive the development of deficiency remediation closure memos where you objectively assess the adequacy of management remediation activities and their potential impact on the business and to the CIBC Group of Companies while presenting them in a clear, concise and professional way.

Strong relationship management - Provide trusted and proactive advice to business partners as they progress through their remediation activities. You will partner closely the Real Estate Secured Lending project team to ensure optimized progress on CIBCs regulatory deficiency remediation and validation activities.

Communication - Demonstrate clear, concise and influential written and verbal communication skills when reporting on the teams status. Develop strong internal and external relationships through ongoing communication on progress of engagements and providing advice on risk, control and regulatory matters.

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.

Who you are

You can demonstrate experience in planning & executing audits. You have a comprehensive knowledge of auditing practices, accounting standards, regulatory requirements and Risk Management principles and knowledge of Retail Banking within a large financial institution. It is an asset if you possess a Bachelor or equivalent degree in Business, Accounting, or Finance and a professional designation (e.g., CPA, MBA, CFA, ACCA) or equivalent business experience.

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 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.

Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard. You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

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 View email address on apply.j-vers.com

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

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.