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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:

As a Director, Finance Governance and Control, Asia Pacific, you will be involved in various initiatives within Finance, including Program Tempo, to ensure there is an appropriate Governance structure and provide advisory services for process enhancements, control implementation, key risk identification, regulatory exposure among various others. You will ensure ongoing control effectiveness though creating test plans and perform review and testing to determine design and operating effectiveness of the control environment, including Regulatory governance.  This role covers APAC Finance and be the SOMO (SOX Officer/Maintenance Officer”) of Europe.

RESPONSIBILITIES:

• To be Finance governance lead for APAC, ensuring Finance’s oversight function ‘s role to ensure controls are properly documented, monitored and tested in line with Program Tempo requirements.
  • Ensure documentation is kept up to date
  • Ensure effective planning process is in place to manage quarterly reporting/ testing requirements and ongoing maintenance of program Tempo process/ database

• Control Activities: Review and/or test controls for design and operating effectiveness, identify any control deficiencies and monitor timely implementation of remediation plans.
  • Set up process for reviewing and testing controls on a regular basis
  • Set up process for reviewing and validating process documentation controls on a regular basis, including undertaking walkthrough tests.
  • Ensure timely and accurate completion of program tempo documentation, testing and sign off as required for the quarterly work package submission. 

• Operational Risk Management: Monitor the completion of incident reports, Risk and controls self-assessments and change initiative risk assessments.
  • Ensure that CIBC AU, HK, JP and SG documents and assesses the effectiveness of its RCM controls

• Relationship Management: Primary relationship manager with key stakeholders across the APAC including: Internal Audit, Risk Management, Compliance, external auditors and the Business etc.

• Team Support - Maintain a collaborative work environment and support team members to resolve organizational, operational, and process problems.

• Act as regional SOX Officer and accountable for ensuring SOX testing, documentation and reporting requirements are met. Participate in projects and initiatives as they arise, as directed by the ED, Head of HK Finance and the ED, Head of AU Finance and the ED, Head of External Reporting.

• Regulatory Compliance Monitoring (RCM) Activities
  • Completing the Oversight Function (OF) Effectiveness templates and Independent Monitoring template by collaborating with key stakeholders in Europe and APAC and incorporating any feedback and comments regarding the same from the RCM Programme Management (PM) team.
  • Attending OF Council Meetings and presenting Finance requirements as needed.
  • Coordinate responses to the Compliance and Global Regulatory Affairs report.
  • Creating, monitoring and annually refreshing Finance Regulatory Group Topics (RGTs) as required.
  • Evaluating the issue management process, the materiality of identified deficiencies to ensure appropriate remediation actions
  • Evaluating the effectiveness and adequacy of RCM controls and processes to address regulatory changes
  • Liaising with Business, Internal Audit (IA) and Compliance on any queries relating to OF Effectiveness templates, RGTs and any other matters pertaining to RCM.

REQUIRED KNOWLEDGE / SKILLS / ATTRIBUTES:

• Knowledge of banking products and associated risks and controls
• Good written and verbal communication skills
• Preferred background: ACA qualified or CPA equivalent and with at least 3years PQE experience of working within Investment Banking and / or Big 4 experience. Self-motivated, eager to learn and able to work both independently and within a team.
• Strong written skills with the ability to enhance existing documents and procedures.
• Strong working knowledge of Microsoft Excel and Word. General ledger and source system understanding would also be beneficial.

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 [email protected]
• 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

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