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
Capital Markets Controllership is a key function within the Finance organization that ensures accurate and timely financial reporting, regulatory compliance, and effective internal controls related to capital markets activities. It supports prudent risk management, ensures alignment with accounting standards, oversight on valuation, profit-and-loss results, and balance sheet integrity for Capital Markets books. This role provides accounting expertise for several Capital Markets businesses and offers valuable advice to stakeholders across the Bank.
This is a high-profile role reporting to the Capital Markets Controller. It leads a large team of finance professionals to drive best in class accounting support, collaborate with stakeholders across the bank to resolve complex issues, and enable process transformation through strategic enhancements. This role collaborates with business partners, Controllership, CFO groups, and teams across the bank. You will have exposure to multiple finance and business executive teams. You will embody the CIBC One Finance Vision and Guiding Principles.
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 1-3 days per week on-site, while other days will be remote.
How You’ll Succeed
Accounting and controls – You provide accurate, complete, and timely input to the reporting groups. You provide accounts attestation and ensure all balance sheet accounts are substantiated. You inspire adherence to timing in Service Level Agreements, and liaise with various teams including Accounting Policy, Reporting, Valuation, Product Control, and CFO groups to ensure services are delivered.
Agility – You maintain agile accounting processes and controls to ensure timeliness and accuracy. Ensure changes in accounting policies/requirements are implemented in a controlled manner. Work with Chief Accountant’s Group to ensure policy as mandated and agreed with other governance partners to ensure CIBC control environment is visible, robust and efficient. Maintain adequate end to end process maps and detailed task manuals in accordance with best practices, regulatory requirements, SOX, and Internal Control.
Relationship management – You have good teamwork, partnership, and relationship building skills sufficient to act in a collaborative manner given team members and stakeholders different backgrounds and experiences. You will liaise within Controllership/Finance and with other stakeholder groups in Front Office, Technology, and Operations to support business initiatives and solve complex problems.
Transformation – You will participate in and drive continuous improvements. You will improve the effectiveness & efficiency of controls by developing new systems or enhancing existing processes. You will collaborate to determine business needs, and the analytical or financial support required to aid in effective business decision making.
People leadership - You provide leadership and effective team management. You inspire employee commitment to the organization, the team, and their own careers. You promote collaboration, bringing team members together to tackle common goals for the business and CIBC overall. You instill a culture of learning, encouraging team members to understand the purpose of the work and how it fits into the big picture. You build the team and individual capabilities by providing development opportunities and managing performance. You create a positive work environment and are an effective role model by championing CIBC’s mission, vision, and values.
Project management – You have highly developed organization and prioritization skills to handle multi-tasking, balancing and prioritizing numerous projects, processes and problems, you succeed in a work environment of increasing expectations around controls, service, and accounting transparency. You are a self-starter who takes a hands-on approach to dealing with highly complex finance issues.
Who You Are
You understand that success is in the details. You notice things that others don't. Your critical, analytical thinking skills, and sound judgement help inform your decision making.
Experienced accountant– You have strong Capital Markets accounting background which you leverage to perform oversight over accounting functions and ensure the design & operating effectiveness of financial controls. You have strong knowledge of IFRS and Financial Reporting requirements for Financial Instruments.
You embrace and champion change. You continuously evolve your thinking and the way you work to deliver your best.
You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
You’re a certified professional. You have current accreditation and in good standing with CPA, or you are a CFA charter-holder with relevant work experience.
You can demonstrate a strong Capital Markets accounting background which you leverage to perform oversight over accounting functions and ensure the design & operating effectiveness of financial controls. You have strong knowledge of IFRS and Financial Reporting requirements for Financial Instruments, including fixed income, derivatives, repo/reverse repos, and other loans products. You also have experience working with alternative investments such as direct private equity investments and/or direct fund investments. It is an asset if you have public accounting firm experience.
Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability.
#LI-TA
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*, defined benefit pension plan*, an employee share purchase plan, 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, French proficiency, 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.
Job Location
Toronto-81 Bay, 26th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Accounting, Accounting Processes, Business Data Analytics, Communication, Financial Controlling, Group Problem Solving, Investment Funds, Leadership, Long Term Planning, Operational Control, Problem Resolution, Team Development