Finance Controls Testing Specialist

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

What you'll be doing

The Finance Controls Testing Specialist supports Finance, Tax, Strategy and Corporate Treasury (collectively “Finance”) teams by developing and executing testing for controls designed to mitigate regulatory compliance and operational process risks.  Testing Specialist supports management by providing assurance that processes are designed and operating effectively, identifying and supporting remediation of testing issues, and facilitating governance and controls activities in partnership with Finance leadership.

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 3 days per week on-site, while other days may be remote.

How you'll succeed

As a member of the Finance team, you will actively manage risks to support alignment with the Bank’s Risk Culture. Core accountabilities include:

• Responsible for designing and executing quarterly test plan, including scoping and conducting targeted testing of key regulatory and operational process controls in accordance with enterprise requirements;

• Sourcing testing populations, assessing stratification of populations based on nuances in the process, and selecting and supporting sampling methodology;

• Conducting walkthroughs and asking insightful questions about process, risks and controls in order to assess design effectiveness;

• Identify potential control weaknesses including their root cause, and work with business team and Independent Risk Management on designing remediation plans;  

• Design and deliver reporting on control testing results, themes and observations in order to provide management transparency and facilitate program enhancements;

• Prepare high quality workpapers for Finance management and other stakeholders to evidence testing approach and conclusions;

• Administering the GRC tool for recording testing results of key control testing, assessing and updating control attributes, and recording/maintaining deficiencies identified through testing; and

• Support sustainability testing to document operating effectiveness of remediation activities. 

Who you are

• You possess 3-5 years of experience in compliance, operational risk, audit, or finance; preference for experience within a regulated financial services organization

• You have a Bachelor’s degree, ideally in Accounting, Finance, Business or Management

• You show strong interpersonal, written, verbal and presentation skills; ability to articulate complex issues concisely and communicate effectively and comfortably with senior leadership

• You possess relationship building and stakeholder management skills

• You have the ability to execute tasks under aggressive targets and effectively manage to change in plans

• You portray strong initiative, energy and confidence competing projects with limited supervision

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $70,000.00 - $90,000.00K for the Chicago, IL 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 may also 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.

This position does not offer visa sponsorship.

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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 [email protected]

• 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.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, 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.

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