Senior Vice President, Corporate Development
4 weeks ago
The Vice-President, Professional Practices leads Internal Audit’s strategic direction, modernization initiatives, methodology development and practice consistent with CIBC’s values and key drivers. The Vice-President (VP) will use their breadth of knowledge and experience in the areas of strategy, regulatory governance, internal control, and audit methodology. They will be responsible for the risk control framework to be used by Internal Audit (IA). They will provide an independent and objective assessment with respect to IA’s audit quality and ensure that the audit coverage and reporting meets the highest of professional and corporate governance standards and objectives including the standards of the Institute of Internal Auditors, the Information Systems Audit and Control Association, and applicable regulatory guidance, including OSFI guidelines and the Federal Reserve’s Supervisory Letter 13-1.
- Always professional… so our team members can excel and be their best professional self.
What You’ll be Doing
The VP, Professional Practices has overall accountability for:
- Audit methodology, ensuring the IA team is appropriately trained to execute quality audits.
- Executing a quality assurance and improvement program, including identifying team learning needs.
- Overseeing IA’s continuous monitoring program and ensuring timely communication of changes in risk assessment.
- Ensuring quality, accurate, and timely Internal Audit reporting to stakeholders.
Shaping/Influencing Business Strategies and Strategic Planning:
- Establishing the vision, long-term strategic direction, objectives and implementation plans for IA.
- Overseeing IA finances and people management.
- Providing expert consultation on risk and internal control matters.
- Developing the strategic direction for the Internal Audit practice.
- Improving IA practice management for effective resource allocation.
- Ensuring sound control methodology and guidance.
- Maintaining an effective quality control process.
- Overseeing the development of analysis and reports for the Chief Auditor.
- Tracking and monitoring Internal Audit deficiencies.
- Developing tools for audit planning, executing, reporting, and monitoring.
What We’re Looking For
Significant experience in a senior audit role, deep knowledge of banking operations, comprehensive knowledge of auditing practices, and strong leadership skills. We offer competitive salary, incentive pay, benefits, a defined benefit pension plan, and opportunities for growth and development.
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