Audit Manager (Banking)

Location: Toronto, ON; hybrid arrangement with 1–3 days per week on-site at Toronto-81 Bay

Company

CIBC is a relationship-oriented bank focused on serving clients in the modern financial world.

What you will do

• Conduct risk-focused audits across Commercial & Corporate Banking portfolios.
• Assess business risks and evaluate the design and operating effectiveness of internal controls.
• Identify control weaknesses and inefficiencies, communicate findings, and recommend practical solutions.
• Prepare monthly, quarterly, and ongoing legal entity audit reports for key stakeholders.
• Collaborate with audit management and business partners on audit planning, continuous monitoring, and process improvement.
• Manage multiple audit assignments through different stages of the audit cycle and provide progress updates.

Requirements

• Experience in commercial and/or corporate credit adjudication and credit risk management.
• Bachelor’s degree or equivalent in Business, Accounting, Finance, or a related field.
• Professional designation such as CPA, MBA, CIA, FRM, or CRMA, or equivalent business experience.
• Strong critical thinking, materiality-based decision-making, and risk-based assessment skills.
• Clear, concise, and professional written and verbal communication skills.
• Legal eligibility to work in Canada and, where applicable, a valid work or study permit.

Nice to have

• Auditing experience.
• Knowledge of CIBC Commercial and Corporate Banking products and services.

Culture & Benefits

• Hybrid work arrangement with flexibility to manage work activities.
• Competitive salary, incentive pay, banking benefits, and a broader benefits program.
• Defined benefit pension plan and employee share purchase plan.
• Vacation offering, wellbeing support, and an employee recognition program.
• Paid Purpose Day dedicated to personal growth and development.
• Inclusive and accessible workplace with accommodation support during recruitment.

Hiring process

• May include an attribute-based assessment and other skills tests, such as a French proficiency assessment.
• Artificial intelligence tools may be used during the recruitment process.