Audit Director

Description:

What you’ll be doing
Reporting to the Senior Director, the Audit Director provides leadership while overseeing multi-skilled teams on large or highly complex audits within the Capital Markets Risk Management. The Director builds and maintains relationships with business partners using their specific technical expertise to conduct risk-focused audits of various business processes & operations, and provide advice to senior and executive management on designing, implementing and maintaining internal controls. Through day to day activities, the Audit Director will also actively demonstrate support for CIBC’s purpose to help make client and employee ambitions a reality. This role includes overseeing, supporting and coaching Auditor-in-Charge/Scrum Master to manage audit engagements through all phases of the audit including reporting to management. The incumbent will also promote compliance with CIBC policies and procedures, standards, guidelines and relevant legislation, identify internal control weaknesses, advise clients of efficiency or effectiveness opportunities, and provide subject matter expertise related to Market Risk, Trading Credit Risk and Liquidity Risk to the Internal Audit Division
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.
How you’ll succeed
Audit effectiveness & project management – Work collaboratively with internal and external .stakeholders to plan and execute risk-based audits and report audit results. You will effectively manage multiple audits and internal projects at different stages to ensure completion within prescribed timelines. You will communicate regularly on progress and issues and review audit work to ensure a high level of quality and compliance with audit standards.
Annual audit plan and continuous monitoring - Develop the Division’s risk-focused annual audit plan by identifying the business planning needs, assigned resources, and relevant budgets to provide required coverage for assigned client(s). The plan may cut across CIBC's business lines and processes and includes interdependencies so that an end-to-end perspective of the business is considered. Support the Senior Director to continuously enhance audit client relationships and maintain own relationships with assigned clients. Plan and lead large and/or complex audits reflecting the assessment of audit risk to support the IA Annual Plan through all phases including planning, fieldwork and reporting.
Leadership – Setting appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals. Building team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training. Managing performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.
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, regulators and external auditors. Develop strong internal and external relationships through ongoing communication on progress of engagements and providing advice on risk, control and regulatory matters.
Who you are
You can demonstrate extensive working knowledge of financial services including business processes sufficient to audit them with a minimum of 5+ years in progressive roles. This knowledge can include operating policies, standards, practices, processes and regulations pertaining to the audited operations. Current areas of specialization for this role include: market risk management, counterparty risk management, liquidity risk management, and other treasury risk management.
You are a bold and authentic leader. You're passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.
You're 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're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
You give meaning to data. You enjoy investigating complex problems and making sense of information, You are confident using data analytics tools (e.g. Excel) to identify areas for enhanced testing and in your ability to communicate detailed information in an impactful way.
You’re a certified professional. Typically this knowledge is acquired through obtaining an auditing or accounting designations (e.g., CA, CPA, ACCA), a business degree (e.g., M.B.A.), in addition to business experience either in the banking and financial services world or internal / external audit assurance and consulting services. Completion of the CFA, FRM, PRM designation or other investment or financial risk related designations would be considered a significant asset.
Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.