Manager, It 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
CIBC US provides tailored commercial and commercial real estate banking, private wealth management, personal and small business financial solutions, as well as cross-border banking services, to clients with North American operations.
At our core, we are a relationship bank and strive to build trusting and enduring relationships by putting our clients at the center of all we do. We invest in our businesses, our clients, our people and our communities.
Our US headquarters is in Chicago - and we have offices strategically located across the United States to serve clients coast to coast.
To be the best-in-class, commercial and wealth management financial institution in the United States with seamless connectivity to our Capital Markets and Canadian Commercial & Wealth franchises.
JOB PURPOSE
The IT Audit Manager will be reporting to the Audit Director and is responsible for conducting risk-focused audits; advising business units on the design, implementation, and maintenance of internal controls; and promoting compliance with CIBC policies and procedures, accounting standards, control policies, and applicable legislation. The role applies advanced concepts to provide expertise in the development and completion of monthly audit reports, quarterly audit reports, and ongoing legal entity reports to key stakeholders. The IT Senior Auditor works with business units to assess the adequacy of controls and develop realistic solutions to control-identified weaknesses using best practices. Acting as a resource integrator for their area, the role independently resolves complex matters, advising the business of best practices to help mitigate short or medium term risks and exposures.
KEY ACCOUNTABILITIES

• Work collaboratively with audit management and other audit team members to plan and execute risk-based audits, report audit results and perform continuous monitoring of management's control environment. Participate in internal projects to improve and simplify audit processes.
• Effectively manage multiple audit assignments at different stages of the audit cycle and complete required tasks on a timely basis. Communicate regularly with the team and manager to provide updates on progress.
• Participate in the annual planning, risk assessment and continuous monitoring exercise and work with the director in making sure the universe is complete and appropriately assessed.
• Advise management and business partners of best practices and promote compliance with CIBC policies and procedures, accounting standards and regulatory requirements
• Work with limited oversight to lead and support execution of technology (i.e. Access Management, change Management, SDCL, Cybersecurity, Cloud audit etc.) and integrated audits and other projects and be proactive in understanding and applying the CIBC Audit methodology.
• Understand technology and business processes and risks to be able to identify key controls for audit engagement. Finalize scope and develop testing strategies for team members along with managing multiple team members on audit engagements.
• Involve and be able to execute in all phases of audit lifecycle (Planning, Fieldwork and Reporting).
• Effectively identify deficiencies and draft issue language by identifying root causes rather than symptoms of control weaknesses and assist management in developing appropriate action plans.

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

• Bachelor or equivalent degree in Accounting and Finance or Information systems and a professional designation (e.g., CISA, CRISC, CISSP, CISM, PA).
• Minimum 8+ years' experience in planning and executing SOX and/or IT audits including but not limited to Access Management, Change Management, SDLC, cybersecurity and Cloud audits. Relevant experience in testing application controls preferred.
• Experience executing risk based IT audits leveraging IT governance and controls framework COBIT and NIST etc.
• Excellent project oversight and leadership skills with a keen interest in process improvement.
• Superior time management skills, with ability to effectively prioritize and multitask in a dynamic environment.
• Can operative effectively as a lead and as an individual contributor.
• Strong relationship management and interpersonal skills
• Track record of successfully coordinate cross-function teams
• Excellent verbal and written communication and ability to effectively present information within and across team both verbally and in writing
• Proficiency in MS Office, especially MS Word, Excel, PowerPoint, SharePoint
• Exposure to the regulatory landscape of the banking industry
• Risk data and/or modeling, model risk management experience an asset

WORKING CONDITIONS

• This role operates within a normal office environment
• Travel required: Occasional

What CIBC offers
At CIBC, our people are our greatest asset. You'll become part of a diverse community that acknowledges everyone's unique talents and empowers teams to do what's 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 $120,000 - $150,000 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 unit's incentive compensation plan, which also may include a discretionary bonus component.
CIBC offers a full range of benefits and programs to meet our employee's 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 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
NY-300 Madison Ave., 6th Floor
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Audit Management, Internal Controls, Operating Effectiveness, People Management, Risk Based Auditing, Risk Management and Mitigation, Work Collaboratively