About the job
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 Senior Auditor 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.
Key Accountabilities
- Work collaboratively with stakeholder and audit management and other audit team members to plan and execute risk-based audits. Participate in internal projects to improve and simplify audit processes.
- 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. Work collaboratively with the team in finalize scoping and developing testing strategies.
- 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.
- Advise management and business partners of best practices and promote compliance with CIBC policies and procedures, accounting standards and regulatory requirements.
- 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.
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, CPA) or equivalent business experience.
- Minimum 4+ 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.
- Demonstrated experience in planning & executing audits
- Comprehensive knowledge of auditing practices, accounting standards, regulatory requirements and Risk
- Detail-oriented with solid critical thinking, analysis and decision-making skills
- Strong communication of detailed information and proactive
- Driven by collective success, collaboration and teamwork and be able to work in a dynamic environment.
- Influential, strong relationship management and networking skills
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