Director, Canadian Banking Controller

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

Reporting to the Associate Vice President, Banking, Wealth and Corporate Controller, the Director, Canadian Banking Controller (the “Controller”) plays a key role in supporting the Canadian banking strategic business units with a specific focus on credit cards, mortgages and personal lending. The Controller leads a team of finance professionals to ensure the delivery of accurate and timely financial results, which are utilized for statutory, regulatory, subsidiary, and management reporting for these business units. The Controller is responsible for month-end and quarter-end tasks, including financial analysis and reporting, , addressing ad hoc queries and investigations. As a trusted advisor and stakeholder on strategic finance projects and business initiatives, the Controller drives operational excellence and continuous improvements while collaborating closely with broader finance team and cross-functional groups.

At CIBC we enable the work environment most optimal for you to thrive in your role. You will have the flexibility to manage your work activities within a hybrid work arrangement where you will spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Relationship building - Establish strong relationships and communication with the Canadian banking lines of business for decision support, accounting guidance, investigative analysis and issues.
• Control focused - Ensure compliance with accounting standards and effective end-to-end financial process controls are executed in your lines of business.
• Talent development - Lead and develop a high-performance controllership team along with oversight of an offshore managed service team.
• General ledger ownership – Ensure accurate and timely month end close of the finance general ledger, clear explanation of business financial results and timely resolution of control deficiencies and/or weaknesses
• Operational excellence – Drive for excellence with continuous improvements that strengthen controls to manage financial reporting risks, streamline finance operational processes and increase productivity across the team
• Deliver on purpose – Affect positive teamwork across finance and cross-functional teams with CIBC purpose focus and behaviours

Who you are

• You're a certified professional. You have current accreditation and good standing in an accounting designation (CPA designation or equivalent), with strong knowledge of IFRS and 10+ years of relevant work experience.
• You can demonstrate experience in complex financial service organizations.  In addition you have excellent communication skills and are able to translate technical guidance into business terms and implications. It’s an asset if you have comprehensive knowledge of credit cards, mortgages and personal lending, along with their systems and processes.
• You are a caring and accountable leader. You are passionate about developing and growing team members. You have experience providing coaching and hands on support to meet team goals.
• You know that details matter. You notice things that others do not. Your critical thinking skills help to inform your decision making.
• You love to learn. You are passionate about growing your knowledge. You have a keen sense of curiosity.
• 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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 Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Account Consolidation, Accounting, Communication, Consolidated Financial Statements, Financial Advising, Financial Controlling, Financial Operations, Financial Reporting and Analysis, Generally Accepted Accounting Principles (GAAP), Group Problem Solving, Leadership