Manager, Governance and Controls (12 Months)
Manager, Governance and Controls (12 Months)
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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 Director Governance Controls and Finance Operations the Manager Governance and Controls will play a significant role in the implementation of Finance governance compliance and control initiatives programs and processes. 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.
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
Control activities - Test the design and operating effectiveness of FPC RCM and OPC internal controls within Finance including executing the annual internal control test plan for Finance scheduling and facilitating walkthroughs perform management testing and following-up on issues or deficiencies raised by Finance Management CIBCs Global Operational Risk Management internal/external auditors regulators and the control performers. In addition facilitate quarterly assertion process for Finance groups review and provide feedback on existing process and procedure documents and participate and support the SOMO with key initiatives and projects (e.g. development of end to end Process Map COE process documents etc.) as required
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. Ensure compliance with all policies and guidelines (internal and external) and that deficiencies are resolved in a timely and effective manner.
Operational risk management - Support Finance groups by ensuring compliance with requirements for the Operational Risk Framework 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) including facilitating Finance in the identification of risks and development of mitigation strategies acting as a compliance and control liaison to analyze and report internal operational loss events reviewing external operational risk incidents for likelihood/impact at CIBC and supporting the execution and management of Risk Control Self-Assessment for all groups under Finance defined by Global Operational Risk Management
Who you are
You can demonstrate experience in or have strong knowledge of financial products (products and processes) and control activities with a minimum of 3-5 years working experience. It is an asset if you had a background in risk management process documentation and control design in the context of a financial services organization and/or financial operational management and general entity controls to enable the creation of a sound control framework and the continuous improvement in the efficiency and effectiveness of internal controls across the division. You also have a university degree in Business Management (or equivalent) and completion or working towards an accounting designation.
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.
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 work to recognize you in meaningful personalized ways including a competitive compensation a banking benefit* wellbeing support and additional offers such as employee and family assistance programs 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.
*Subject to 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.
Expected End Date
Job Location
Toronto-81 Bay 26th FloorEmployment Type
Temporary (Fixed Term)Weekly Hours
37.5Skills
Accounting Design Finance Financial Products Internal Controls Leadership Operational Risks Risk Control Risk ManagementRequired Experience:
Manager
Employment Type
Full-Time
Key Skills
- Compliance Management
- Administrative Functions
- Oversight
- Administrative Activities
- Administrative Tasks
- Budget Preparation
- Facilities Management
- Daily Operations
- Account Management
- General Ledger Accounts
- Personnel Files
- Administrative Management
- Financial Statements
- Administrative Operations
- Annual Budget
