Director, Audit

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 visit CIBC.com.

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 team’s 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 management’s 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 related profession in the financial services sector, with a focus on Capital Markets, including relevant regulatory, legal, control, and operating environments.
• Hold a Bachelor’s 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. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll 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 Mailbox.careers-carrieres@cibc.com. 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, UK

Employment Type: Regular

Weekly Hours: 35

Skills: 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 Objectives.