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 . JOB PURPOSE The Finance Business 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. KEY ACCOUNTABILITIES 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; Support sustainability testing to document operating effectiveness of remediation activities. CROSS-FUNCTIONAL RELATIONSHIPS Cultivate relationships with control performers, US Operational Risk Management, US Compliance, and Finance leadership. COMPLIANCE REQUIREMENTS/RESPONSIBILITIES As an employee of CIBC, the incumbent must comply with all applicable CIBC and Finance policies, standards, guidelines and controls. AUTHORITIES/DECISION RIGHTS As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness. CONDUCT & CULTURE RISK Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk. As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes: Utilizing Control and Deficiency framework throughout issue lifecycle Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals Understanding and following the qualitative and quantitative components of our Risk Appetite Statements Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution KNOWLEDGE AND SKILLS 3-5 years of experience in compliance, operational risk, audit, or finance; preference for experience within a regulated financial services organization Bachelor’s degree, ideally in Accounting, Finance, Business or Management Strong interpersonal, written, verbal and presentation skills; ability to articulate complex issues concisely and communicate effectively and comfortably with senior leadership Relationship building and stakeholder management skills Ability to execute tasks under aggressive targets and effectively manage to change in plans 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 $75,000.00 - $100,000.00 for the Chicago 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. 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-carrierescibc.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. Job Location IL-120 S LaSalle St, 5th Fl Employment Type Regular Weekly Hours 40 Skills Business Controlling, Client Service, Compliance Monitoring, Group Problem Solving, Regulatory Requirements, Risk Management Assessment, Waterfall Project Management, Work Collaboratively. J-18808-Ljbffr