CIBC
Audit Manager
- New York, NY
- Full-time
- $132,500.00 - $220,900.00
- Posted
Skills
Job description
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.
*Subject to plan and program terms and conditions
What you need to know
Job Location
NY-New York, 300 Madison Ave Fl 6
Employment Type
Regular
Weekly Hours
40
Skills
Audit Management, Internal Controls, Operating Effectiveness, People Management, Risk Based Auditing, Risk Management and Mitigation, Technical Leadership