Senior Manager, Product Control

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

The role is a professional responsible for the integrity of financial and management accounting process used for reporting and business analysis managing professionals and managers to ensure that accurate accounting and reporting procedures are in place. The role applies professional knowledge to ensure the financial statement close and settlement process is conducted in a timely manner and aligned to financial accounting policies and procedures. The role manages professionals managers and operational support employees developing and maintaining productive and collaborative working relationships with internal and external business partners and stakeholders. This role provides financial accounting advisory services to business partners on a regular basis and month end attestations of all balances according to standard policy. The role often incorporates innovation into daily execution and management practices.

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 3 days per week on-site while other days may be remote.

How youll succeed

• Team Leadership: Lead mentor and develop a team of product controllers fostering a culture of accountability and continuous improvement.

• Financial Oversight: Oversee daily monthly and quarterly balance sheet and P&L reporting for Capital Markets and Treasury derivatives and securities ensuring accuracy completeness and compliance with regulatory standards. Perform reconcilement of general ledger accounts resolve reconciling issues and ensure reporting is in line with US GAAP and IFRS. Oversee collateral movements and reconcile the banks securities against counterparties.

• Risk Management: Identify and mitigate operational and financial risks associated with product control activities.

• Stakeholder Engagement: Collaborate with Front Office Risk and Finance teams to resolve issues and support business initiatives.

• Process Improvement: Drive automation standardization and enhancement of product control processes.

• Regulatory Compliance: Ensure adherence to internal policies and external regulatory requirements.

• Strategic Insights: Provide analysis and commentary on financial results and market trends to senior management.

• Audit & Controls: Support internal and external audit processes maintaining robust controls and documentation.

Who you are

• You have a Bachelors degree in Finance Accounting Economics or related field; CPA or MBA preferred.

• You possess 8 years of relevant experience in product control financial reporting or related roles within banking or capital markets.

• You are a proven leadership experience managing teams in a fast-paced environment.

• You have strong technical skills in financial products (derivatives fixed income etc.) valuation and risk management.

• You show advanced proficiency in Excel; experience with financial systems (e.g. SAP Xtrader WSS TPG Cognos FIS) is an asset.

• You portray excellent communication analytical and problem-solving skills.

• You possess deep understanding of regulatory frameworks (IFRSUS GAAP etc.).

• You are a strategic thinker with a background in leadership & people development.

• You have solid financial acumen risk awareness and change management experience.

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $125000 - $150000K for the Chicago IL market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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) Holidaysand 401(k) in addition to other special perks reserved for our team members.

This position does not offer visa sponsorship.

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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* 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 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.

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