Audit Manager

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 Bank USA seeks an Audit Manager to ensure financial model risk is appropriately identified and monitored across business activities. Execute model risk audit programs to test complex quantitative and qualitative models. Lead large-scale model audits, including creating risk control assessments, preparing audit canvases, reviewing audit testing results, and providing feedback to auditor team members. Draft deficiencies and audit reports based on audit testing. Document audit results to communicate risk and impact according to internal audit methodologies and requirements. Leverage data analytics and artificial intelligence tools to increase audit efficiencies. #LI-DNI

Position requires a Master’s degree in Finance, Financial Mathematics, or a related quantitative field, and 3 years of experience with model risk audits, model development, or model validation in the financial services industry. Experience must include at minimum: 3 years of experience with Python, SAS, or R; 3 years of experience with implementing U.S. model risk regulatory guidance; 2 years of experience with managing communications with U.S. regulatory authorities; 2 years of experience with developing or validating credit risk rating models; 2 years of experience with developing or validating market risk models; 1 year of experience with developing or validating CECL models; 1 year of experience with developing or validating anti-money laundering

compliance models; and 1 year of experience with developing or validating stress testing models. Up to 5% domestic travel required.

Job location: New York, NY. RATE OF PAY: $132,500.00 - $220,900.00 per year. To apply, please visit https://www.cibc.com/en/about-cibc/careers.html and enter Job Requisition ID 2621219. Alternatively, please send your resume, cover letter, and a copy of the ad to: CIBC, Attn.: H. Lazzaro, 300 Madison Avenue, New York, NY 10017.

CIBC is an Equal Opportunity Employer M/F/Disability/Veteran.

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.

• 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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