Director, Audit
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Job Summary
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
JOB PURPOSE
As the Audit Director you will lead a multi-skilled audit team within the Global Capital Markets portfolio. You will oversee and participate in large or highly complex audits throughout all phases including planning execution and reporting. You will build and maintain strong professional relationships with business partners internal colleagues and other internal and external stakeholders by providing trusted advice or assurance on governance internal control and risk management activities. You will also be responsible for managing the teams performance and development monitoring of key business risks and regulatory requirements project management and leading various continuous improvement initiatives.
KEY ACCOUNTABILITIES
Project management
Collaborate with internal and external stakeholders to plan and execute risk-based audits report audit results and perform continuous monitoring of managements control environment. Champion the migration of best practices throughout CIBC and stay informed about regulatory developments and emerging issues affecting CIBC and Internal Audit. Effectively manage and oversee multiple audits perform continuous monitoring activities and participate on internal projects at different stages to ensure timely completion within prescribed timelines. Communicate regularly on progress and issues and review audit work to ensure a high level of quality and compliance with audit standards.
Leadership
Provide trusted and proactive advice to the audit team and business management on the design and operating effectiveness of processes and controls ensuring that key risks and regulatory requirements relevant to the portfolio are adequately managed. Coach and develop team members to build capability maintain a collaborative and inclusive team environment and meet individual development goals.
Communication
Demonstrate clear concise and influential written and verbal communication skills when issuing audit reports discussing audit findings resolving conflicts or interacting with CIBC executives or other internal business partners. Develop strong internal and external relationships through ongoing communication regarding the progress of engagements and providing sound advice on risk control and regulatory matters.
Big picture view on the Global Capital Markets Portfolio
You are expected to have a comprehensive understanding of the products and services offered to capital markets clients including knowledge of necessary support groups regulations laws emerging trends and risks.
CROSS-FUNCTIONAL RELATIONSHIPS
This role will rely on strong cross-functional relationships across the organization. These relationships ensure that audits are comprehensive relevant and actionable.
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
As an employee of CIBC the incumbent must comply with all applicable CIBC and Line of Business policies standards guidelines and controls.
AUTHORITIES/DECISION RIGHTS
As a key contributor to the business unit this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.
KNOWLEDGE AND SKILLS
7-10 years of progressive experience working in an internal audit function or other relation profession in the financial services sector with a focus on Capital Markets including relevant regulatory legal control and operating environments.
Hold a Bachelors degree or equivalent in Business Accounting or Finance.
Professional designation (e.g. CPA CIA MBA) or equivalent business experience.
Strong audit knowledge
People leadership
Project management skills
Detail oriented and strong critical thinking and analytical skills
Collaborative
Strong written and verbal communication skills
WORKING CONDITIONS
This role operates within a normal office environment.
Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 2-3 days per week on-site while other days will be remote.
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
Job Location
150 Cheapside London UKEmployment Type
RegularWeekly Hours
35Skills
Audit Management Business Internal Controls Leadership Management Reporting Operating Effectiveness People Management Regulatory Compliance Relationship Management Risk Based Auditing Risk Management Risk Management and Mitigation Strategic ObjectivesRequired Experience:
Director
