Audit Manager, Personal and Business Banking

CIBC•Toronto, ON

5d•Hybrid

About The Position

As an Audit Manager, you will participate in audits within Personal and Business Banking. Your primary responsibilities will include conducting detailed, risk-based audit testing and analysis, evaluating operational processes and internal controls, and documenting audit findings. You will be expected to proactively stay informed on industry best practices, updates to internal audit methodologies, and changes impacting Personal and Business Banking. 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.

Requirements

Demonstrated experience in planning & executing audits.
Comprehensive knowledge of auditing practices, accounting standards, regulatory requirements and Risk Management principles.
Knowledge of Retail Banking within a large financial institution.
Detail-oriented and notice things that others may overlook.
Critical thinking and analytical skills inform your decision-making process.
Ability to deliver clear and concise documentation that is free of errors and grammatical mistakes.
Professional skepticism and intellectual curiosity, proactively researching and questioning information to ensure accuracy and completeness.
Proficient in using analytic tools and enjoy investigating complex problems to make sense of information.
Confident in your ability to communicate detailed information in an impactful way.
Collaboration can transform a good idea into a great one.
Understanding the power of an inclusive team that enjoys working together to bring a shared vision to life.
Strong communication skills and understanding that relationships and networks are essential to success.
Strong work ethic and embody core values of trust, teamwork, and accountability.
Legally eligible to work at the specified location(s) and, where applicable, must have a valid work or study permit.
Analytical Thinking
Audit Management
Internal Controls
Operating Effectiveness
Risk Based Auditing
Risk Management and Mitigation
Work Collaboratively

Nice To Haves

Bachelor or equivalent degree in Business, Accounting, or Finance
Professional designation (e.g., CPA, MBA, CIA, FRM, CRMA) or equivalent business experience.

Responsibilities

Assess key business risks and evaluate the design and operating effectiveness of related processes and controls; identify and communicate internal control weaknesses and inefficiencies to business line management.
Advise management and business partners of best practices and promote compliance with CIBC policies and procedures, accounting standards and regulatory requirements.
Work collaboratively with audit management and other audit team members to plan and execute risk-based audits, report audit results and perform continuous monitoring of management’s control environment.
Participate in internal projects to improve and simplify audit processes.
Effectively manage multiple audit assignments at various stages of the audit cycle, ensuring timely communication and completion of all required tasks.
Take ownership of your assigned work, ensuring adherence to internal methodology standards and quality requirements.

Benefits

Competitive salary
Incentive pay
Banking benefits
Benefits program
Defined benefit pension plan
Employee share purchase plan
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