Senior Director, Audit - Finance & Treasury

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 ( The Senior Director, Audit Finance and Treasury will focus on leading the Internal Audit team responsible for the Finance and Treasury functions of the bank, conducting audits in areas including Financial Reporting, Accounting Policy, FP&A, Corporate Treasury, Liquidity and Capital Management, Interest Rate Risk Management, Regulatory Reporting, and Internal Controls over Financial Reporting. The Internal Audit Director will also work collaboratively with peers to coordinate audit coverage of additional areas, including Credit Risk, Regulatory Compliance, and Data Risk. The Internal Audit Director is a leadership position within the US Internal Audit Department responsible for the development and execution of a risk based audit plan that addresses the significant risks relevant to the portfolio. The Internal Audit Director develops strong relationships with our Finance and Treasury business partners to obtain an understanding of the risks facing the organization and stay close to new developments impacting the business. Additionally, the Internal Audit Director role will be responsible for leading, directing, evaluating, and developing audit professionals to ensure audit activities are conducted to high standards of accuracy, rigor, and credibility and according to regulations and industry standards. The Internal Audit Director will mentor and develop the Internal Audit team to ensure team members continue to progress their careers and will assist the US Head of Internal Audit in the management of the US Internal Audit Department. + Develop a comprehensive audit plan for the portfolio that addresses key regulatory requirements / expectations and provides a sound third line of defense risk based coverage + Provide oversight in the execution of the audit plan through the review of detailed project plans that effectively incorporate appropriate risks, scope, staffing requirements, deliverables, timelines, budgets and client availability + Demonstrate a forward-looking mindset to anticipate what is needed to timely meet objectives and department needs + Oversee and manage multiple engagements at one time + Participate in certain committees of the US Region to increase understanding and awareness of current issues and new developments + Guide department personnel in their careers and provide learning opportunities through coaching and mentoring activities + Collaborate with team members in Enterprise Internal Audit to ensure a consistent approach to auditing risk and ensure there is a robust exchange of information and ideas + Provide guidance to the team in all phases of an audit as needed + Expand the operational audit teams knowledge of key banking requirements / regulatory expectations in the areas of risk management, Finance, and Treasury + Prepare or review meaningful, relevant, and well-supported audit reports + Effectively communicate findings to various levels of management + Translate broad business strategies and key initiatives within assigned areas into effective, risk sensitive audit plans + Assist the Head of Internal Audit US Region in executing and evolving department strategy and governance + Set the proper tone and culture for the department + Contribute to the positive, inclusive, and team-oriented culture by maintaining cooperative relationships (assisting other project teams when necessary), facilitating the resolution of conflicts, sharing information, and accepting and providing feedback + Work closely with management to promptly resolve any concerns that may arise and build trust. Serve as a business advisor and partner by providing the business unit and senior management with advice related to business issues and controls + Demonstrate commitment to professional growth by assuming progressively more challenging assignments (in-line with standard audit career progression), proactively seeking relevant education and training opportunities, and expanding professional network + Ensure compliance with IIA Standards **QUALIFICATIONS:** + Bachelors Degree in Accounting, Finance or related field + Professional certification such as Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) + Experience working in an Internal Audit department at a large US bank, large foreign banking organization, or at a banking regulatory agency with experience overseeing large US banks + Strong knowledge of US banking regulations, including Regulation YY + 15+ years of relevant experience + Ability to work independently in areas of difficult or complex nature + Project management skills, including the ability to manage shifting priorities + Strong analytical, written/verbal communication, interpersonal, and relationship building skills + High level of expertise in collaboration and communication with internal and external parties + Exemplify a positive attitude, strong work ethic, team work and professionalism + Ability to travel (5-20%, depending on location) **What CIBC offers** At CIBC, our people are our greatest asset. Youll become part of a diverse community that acknowledges everyones unique talents and empowers teams to do whats right for the client and to do it well. As part of our team, you will: + **Thrive:** Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home. + **Connect:** Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity. + **Develop:** Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training. + **Prosper:** Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more. California residents your privacy rights regarding your actual or prospective employment ( At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $180,000 - $250,000 for the New York, New York 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 also may 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), Holidays, and 401(k), in addition to other special perks reserved for our team members. Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process. **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. **Job Location** NY-300 Madison Ave., 6th Floor **Employment Type** Regular **Weekly Hours** 40 **Skills** Audit Management, Internal Controls, Operating Effectiveness, People Management, Risk Based Auditing, Risk Management and Mitigation, Strategic Objectives, Technical Leadership At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

Created: 2024-11-05