Senior Audit Manager, Capital Markets

JOB PURPOSE

In this role you’ll have the opportunity to provide leadership in improving the overall control environment within CIBC and lead multi-skilled audit teams on large and/or highly complex audits in Capital Markets areas of the Bank. You’ll provide an independent opinion on the design and effectiveness of operational and management controls in accordance with industry best practices and develop and maintain strong relationships with business partners.

KEY ACCOUNTABILITIES

Audit Assignments

• Identify and fully understand the key business processes, their inherent risk, and the control environment.
• Scope and plan risk based audits, assess relevant processes and controls, and provide an independent opinion on their design and operating effectiveness.

Audit Reporting

• Identify business control weaknesses, and objectively assess the severity and materiality of the issues and their potential impact on the business.
• Work with business management to develop action plans based on provide realistic and workable solutions, to mitigate the risk and exposure in the long term.

Continuous Improvement

• Provide effective and timely communication on risks and issues with influence and judgment to create positive outcomes.
• Foster positive team environment that looks for ways to enhance audit guidelines and practice development and to improve efficiency and audit experience.
• Play advisory role in matters related to risk assessment and controls.

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

• In-depth knowledge and understanding of the Capital Markets related businesses, products, risks, processes and controls.
• Minimum 5 years proven and progressive experience in Audit, Capital Markets, product Control , or other Equivalent Experience.
• Professional designation/certification such as CPA , CFA, FRM, CIA or equivalent would be an asset.
• Experience in Private Credit, Collateral Financing, Prime Brokerage, and other similar areas.
• Relationship building.