Audit Director, Wealth Management

CIBC

  • Toronto, ON
  • Permanent
  • Full-time
  • 13 days ago
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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 visitWhat you’ll be doingAs an Audit Director, Wealth Management, you will provide leadership while overseeing multi-skilled audit teams on large or complex audits throughout all phases, including planning, execution and reporting. You will build and maintain strong professional relationships with Wealth Management business partners, internal colleagues within IA and other internal and external stakeholders by providing trusted advice or assurance on governance, internal controls and risk management activities. You will promote compliance with CIBC policies and procedures, standards, guidelines, and relevant legislation. You will also be responsible for managing the team’s performance and development, monitoring of key business risks and regulatory requirements, project management and leading various continuous improvement initiatives.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 - You will also be responsible for developing the annual audit plan by identifying the auditable entities and resources to carry out the audit. The plan may cut across CIBC's business lines and processes, and will include an assessment of interdependencies using an end-to-end approach. You will continuously monitor the Wealth Management portfolio to understand changes to inherent risks and the control environment to identify any significant changes that may impact the overall risk level and the impact on the Audit Universe.
  • Leadership – Provide trusted and proactive advice to the audit team and business management on the design and operating effectiveness of processes and controls to ensure key risks and regulatory requirements relevant to the portfolio are being adequately managed. Coach and develop team members to build and maintain a collaborative team environment and ensure individual development goals are met.
  • 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 experience of 5 to 10 years in auditing in the financial services sector with a focus on Wealth Management (Asset Management, Brokerage and Private Wealth Management) and the related regulatory environment in Canada. Knowledge of the regulatory environment in the United States would be an asset.
  • 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) and artificial intelligence tools 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 designation or other investment 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.
What CIBC OffersAt 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*, defined benefit pension plan*, an employee share purchase plan, 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 conditionsWhat you need to knowCIBC 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 contactYou 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, French proficiency, 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 Toronto-81 Bay, 34th FloorEmployment Type RegularWeekly Hours 37.5Skills Audit Management, Internal Controls, Leadership, Operating Effectiveness, People Management, Risk Based Auditing, Risk Management and Mitigation, Strategic Objectives

CIBC