Director, Finance Governance & Controls
Director, Finance Governance & Controls
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Job Description
Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
What Youll Be Doing
Reporting to the Senior Director Governance Controls and Finance Operations the Director Governance and Controls will play a significant role in leading the implementation of Finance governance compliance and control initiatives programs and processes with a primary focus on the Capital Markets Controllership business. The position is responsible for ensuring that an effective and well documented internal control structure is in place for Finance in accordance with current governance risk and compliance requirements. The role works with all related infrastructure groups to ensure that Finances risk management and control framework is rigorous and supports the division while being consistent with CIBCs policies and procedures. The role is also responsible for the test of controls deficiency management and assertion process for Finance group. The role will also participate and provide leadership and guidance as the Finance governance and controls representative on various projects and initiatives including finance modernization/transformation initiatives.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 1-3 days per week on-site while other days will be remote.
How Youll Succeed
Governance - Provide guidance on the documentation and design of an effective internal control structure in accordance with current governance risk and compliance requirements (including FPC RCM and OPC streams). Identify and escalate issues/areas of concern in a timely manner. Review company-wide policies from a Finance perspective and provide comments to respective policy owners. Oversee and manage Finance Governance and Control SharePoint site and ensure compliance with the Records Management policy.
Operational risk management - Support Finance groups through operational risk assessment activities including development and monitoring of KRIs risk control self-assessments internal and external event reviews and annual update of Operation Risk Profile (ORP) in accordance with CIBCs policies and related standards and procedures. Provide guidance and best practices to Finance groups for preparation of process documentation (e.g. business process narratives and maps) incident reports and change initiatives. Facilitate Finance in the identification of risks and development of mitigation strategies. Act as a compliance and control liaison to analyze and report internal operational loss events and review external operational risk incidents for likelihood/impact at CIBC.
Control activities - Provide leadership to test the design and operating effectiveness of FPC RCM and OPC internal controls within Finance. Identify track and monitor deficiencies to ensure they are resolved in a timely and effective manner.
People leadership - Provide leadership and effective management of business unit staff to influence employee commitment to the organization to the team and to their job by setting appropriate context when assigning work to ensure that individuals roles support the achievement of the business units priorities and CIBCs overall goals building team and individual capabilities by providing development opportunities such as job shadowing special projects and training and managing performance by providing fair and accurate formal and informal feedback identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.
Who You Are
You can demonstrate 8 years of experience in audit risk and/or controls. In addition you have demonstrated leadership experience a strategic mindset and the ability to negotiate and influence decision making of senior stakeholders. Its an asset if you have experience and knowledge of the Capital Markets business. Knowledge of SAP will be considered an asset as well.
You embrace and champion change. Youll continuously evolve your thinking and the way you work in order to deliver your best.
Youre passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
Youre driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
You act like an owner. You thrive when youre empowered to take the lead go above and beyond and deliver results.
You are a bold and accountable leader. Youre passionate about developing and coaching to bring out the best in people. You have led diverse high performing teams.
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
#LI-TA
What CIBC Offers
At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.
We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program* defined benefit pension plan* an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation please contact
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.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation coding French proficiency MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.
Job Location
81 Bay Street 1st FloorEmployment Type
RegularWeekly Hours
37.5Skills
Communication Controls Management Finance Governance Controls Group Problem Solving Leadership People Management Risk ManagementRequired Experience:
Director
Employment Type
Full-Time
