Control Testing Specialist

CIBC • Chicago, IL

11d • $110,000 - $125,000

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. To learn more about CIBC, please visit CIBC.com What you’ll be doing As a member of the Governance and Controls Centralized Testing team, you will actively manage risks to support all CIBC stakeholders in alignment with the Bank’s Risk Culture. As a Control Testing Specialist, you will build relationships with key business partners and will be responsible for executing the annual testing plan which includes planning, scoping, and conducting full scope and targeted testing of key regulatory and operational controls in accordance with enterprise and federal requirements. You will conduct process walkthroughs in order to assess the design effectiveness of key controls, identify potential control weaknesses and root causes and impacts of deficiencies, and propose appropriate corrective action for any issues identified. You will also give feedback for the annual testing plan and recognize opportunities for enhancing the efficiency of the overall testing process. At CIBC, we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement will be discussed at the time of your interview. This position does not offer visa sponsorship.

Requirements

• You’re motivated by collaborative success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
• You embrace and advocate for change. You continually evolve your thinking and the way you work to deliver your best.
• You know that details matter. You notice things that others don’t. Your critical thinking skills help to inform your decision making.
• Your influence makes a difference. You have strong oral and written communication skills and the ability to communicate at all levels.
• You have a degree in finance or other business-related discipline; Experience in lieu of education will be accepted.
• You possess experience in commercial banking or related field.

Nice To Haves

• It’s an asset if you hold relevant audit, risk and/or compliance certifications (i.e. CIA, CPA, CRCM).

Responsibilities

• Collaboration – work closely with business partners to understand the operational and regulatory risks affecting their business.
• Testing Activities – You will conduct design effectiveness reviews to assess the efficiency of processes and perform testing of key operational and regulatory controls to determine effectiveness.
• Workpapers– You will prepare high quality work papers for senior and line of business management and other stakeholders

Benefits

• At CIBC, we offer a competitive total rewards package.
• This role has an expected salary range of $110,000 - $125,000K for the market based on experience, qualifications, and location of the position.
• The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component.
• CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level