Audit Director, Anti-Money Laundering (AML)
About The Position
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. 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.
- Deep expertise in internal audit and financial crimes.
- Strategic leader with the ability to develop and execute audit plans, manage shifting priorities, and provide oversight across multiple engagements.
- Strong analytical, communication, presentation, interpersonal, and relationship building skills, working effectively with internal and external stakeholders.
- Commitment to professional growth, proactively seeking learning opportunities, mentoring others, and expanding professional network.
- Exemplify a positive attitude, strong work ethic, teamwork, and professionalism, and committed to upholding CIBC’s values and standards.
- Must be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
- Skills: 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.
Benefits
- Medical
- Dental
- Vision
- Health Savings Account
- Life Insurance
- Disability
- Paid Time Off
- Holidays
- 401(k)
- Incentive pay
- Banking benefits
- Benefits program
- Vacation offering
- Wellbeing support
- MomentMakers, our social, points-based recognition program
- Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
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What This Job Offers
Job Type
Full-time
Career Level
Director
