Senior Director, International Tax

CIBC•Toronto, ON

1d•Hybrid

About The Position

The Senior Director, International Tax is a key leadership role within CIBC’s Finance function. Reporting to the VP, International Taxation and Transfer Pricing, this role offers the opportunity to influence enterprise-wide decisions by providing strategic international tax guidance on a wide range of business initiatives such as market expansion, capital deployment and operational transformation initiatives. This role requires strong technical expertise in the international taxation, thought leadership, and the ability to collaborate across functions and geographies to ensure effective structuring and execution of initiatives in alignment with business objectives and regulatory requirements.

Requirements

7 or more years of Canadian international tax work experience with a specialization in outbound taxation.
Strong presentation/ business interaction skills.
Excellent research and analysis skills.
Advanced problem-solving skills and ability to implement the solutions.
Results-oriented, self-motivated, proactive and have a proven ability to work independently.
Focused, thorough and disciplined in approach.
Decisive, confident and comfortable working closely with and collaborating with business partners.
Certified professional.
Current accreditation and good standing in the Chartered Professional Accountant (CPA) designation (preferably CPA, CA) or Master’s degree in Taxation, tax law, or related field, or a tax lawyer.
Completed Levels I and II of the CPA Canada In-Depth Tax Course.
Understanding that success is in the details.
Critical thinking skills help to inform decision making.
Motivated by collective success.
Know that teamwork can transform a good idea into a great one.
Know that an inclusive team that enjoys working together can bring a vision to life.
Values matter.
Bring your real self to work and live values - trust, teamwork, and accountability.

Nice To Haves

Exposure to the financial services industry.
Completion of the In-depth International Tax course is preferred.

Responsibilities

Lead the design, implementation of cross-border planning strategies in collaboration with external advisors, business leaders and stakeholders across the enterprise.
Lead the development and automation of sophisticated international tax planning models that enable leadership to rapidly evaluate strategic alternatives, quantify impacts, and support informed decision-making across business expansion, restructuring, M&A and financing.
Design capital structures for foreign entities that balance regulatory, funding, and tax objectives, including development of repatriation strategies (dividends, returns of capital, share redemptions, interest, royalties) that optimize returns, considering exempt/taxable surplus, foreign tax credits, withholding tax, and FX impacts.
Assess and manage permanent establishment (PE) risks for cross‑border activities, recommend branch vs. subsidiary structures, consider employment tax and mobility implications to avoid unintended Pes.
Advise on non‑resident withholding tax implications for dividends, interest, royalties, services, and guarantee fees.
Collaborate with transfer pricing, indirect tax and compliance teams across CIBC to ensure that business initiatives, projects and legislative changes affecting CIBC are properly reported for tax purposes.
Represent CIBC in industry forums and advocate for the bank’s interests in tax policy discussions.
Partner cross-functionally with treasury, legal, corporate development, and business unit leadership to align tax outcomes with enterprise objectives.
Build strong relationships with internal stakeholders, external advisors, and tax authorities.
Provide proactive stakeholder education on international tax developments affecting foreign operations and translate technical changes into actionable business guidance.
Lead Canadian foreign affiliate regime planning, including surplus tracking (exempt, taxable, hybrid surplus), FAPI analysis and mitigation, upstream loans, and ACB adjustments on FA shares and reorganizations.
Manage audits and disputes relating to cross‑border matters and coordinate strategy with local advisors and tax authorities to resolve controversies efficiently.
Stay abreast of changes in international tax legislation and administrative practices, proactively assessing their impact on CIBC and communicating relevant updates to stakeholders.
Mentor and develop team members, fostering a culture of continuous learning and professional growth within the international tax function.

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