Audit Director, Anti-Money Laundering (AML)

CIBC•Chicago, IL

2d•$160,000 - $190,000•Hybrid

About The Position

As the Internal Audit Director – Anti-Money Laundering (AML), you'll lead the AML Audit team within CIBC's US Internal Audit Department, reporting to the Audit Senior Director. You'll develop and execute a risk-based audit plan that addresses significant risks relevant to the AML portfolio, focusing on consumer protection, safety and soundness, financial crimes, and legal matters. Building strong relationships with AML and first line business partners, you'll stay informed about emerging risks and developments affecting the business. Your leadership will be key in ensuring audit activities are conducted to high standards of accuracy, rigor, and credibility, aligned with regulatory and industry standards. You'll also play a pivotal role in mentoring and developing audit professionals, fostering their career progression and supporting the ongoing growth of the US AML Internal Audit team. 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+ days per week on-site, while other days will be remote.

Requirements

Relevant education and certification.
Bachelor’s Degree in Accounting, Finance, or a related field.
12+ years of progressive experience in Internal Audit at a large US bank, with a focus on audits related to financial crimes and sanctions.
Excel at developing and executing audit plans, managing shifting priorities, and providing oversight across multiple engagements.
Demonstrate strong analytical, communication, presentation, interpersonal, and relationship building skills, working effectively with internal and external stakeholders.
Proactively seek learning opportunities, mentor others, and expand your professional network.
Exemplify a positive attitude, strong work ethic, teamwork, and professionalism, and are committed to upholding CIBC’s values and standards.
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.
Audit Management
Internal Controls
Operating Effectiveness
People Management
Risk Based Auditing
Risk Management and Mitigation
Technical Leadership

Nice To Haves

Professional certification such as Certified Regulatory Compliance Manager (CRCM) or Certified Anti-Money Laundering Specialist (CAMS) is preferred.

Responsibilities

Assist the Audit Senior Director – AML in developing a comprehensive audit plan that addresses key regulatory requirements and provides robust third line of defense risk-based coverage.
Provide oversight in executing the audit plan, including reviewing project plans that effectively incorporate risks, scope, staffing, deliverables, timelines, budgets, and client availability.
Oversee and manage multiple audit engagements simultaneously, demonstrating a forward-looking mindset to anticipate needs and meet departmental objectives.
Participate in US Region committees to increase awareness of current issues and new developments.
Collaborate with Enterprise Internal Audit team members to ensure a consistent approach to auditing risk and facilitate robust exchange of information and ideas.
Guide department personnel in their careers through coaching and mentoring, providing learning opportunities, and expanding team knowledge of key banking requirements and regulatory expectations in financial crimes and sanctions.
Prepare or review meaningful, relevant, and well-supported audit reports.
Effectively communicate findings to management and serve as a business advisor, offering advice related to business issues and controls.
Assist in executing and evolving department strategy, governance, and culture.
Represent the Audit Senior Director or Head of Internal Audit – US Region in meetings with Audit Committee and regulators as needed.