Senior Director, Domestic Tax Planning

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

The Senior Director, Domestic Tax Planning is a comprehensive leader responsible for providing specialized advice on a broad range of Canadian domestic income tax  issues. The role will be responsible for leading tax advice and risk assessment related to CIBC’s domestic corporate structure as well as providing support and tax advice to stakeholders across CIBC in respect of domestic strategic initiatives. The Senior Director, Domestic Tax Planning will coordinate with the Senior Director, Compliance & Planning on all Canadian domestic tax aspects of new business initiatives, projects or new legislation affecting CIBC and its subsidiaries for tax accounting, tax compliance, and tax reporting purposes. The Senior Director, Domestic Tax Planning reports to the Senior Vice-President, Taxation.

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

• Tax Planning – You’ll lead and manage a broad range of tax planning matters pertaining to Canadian domestic income tax.

• Strategic Initiatives and Implementation – Identify, assess and analyze the Canadian tax dimensions of a transaction, and coordinating with Indirect Tax, Tax Compliance, and International Tax colleagues to incorporate these dimensions, as well. 

• Risk Analysis – Analyze new Canadian domestic tax legislation and work with various stakeholders to assess and quantify impact to CIBC.

• Relationship Management – Develop relationships and partnerships with stakeholders at all levels within CIBC in order to effectively manage the delivery of tax services, as well as collaborating with external advisors as required

• Industry Expert – Keep abreast of both tax legislative and administrative changes in respect of Canadian domestic tax rules and tax accounting rules for domestic tax planning and tax compliance purposes.

Who you are

• You can demonstrate experience. At least 7 or more years of Canadian domestic tax experience. Exposure to the financial services industry would be regarded as an asset, however, consideration will be given to candidates with less experience but who have a strong interest and desire to learn the financial services business.

• You are a certified professional. You are a CPA or a tax lawyer.  Ideally, you have completed Levels I and II of the CPA Canada In-Depth Tax Course, or alternatively, a Master of Taxation.

• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference. Self-motivated, proactive, and proven ability to work independently. Focused, thorough, and disciplined in approach.

• You know that details matter. Your critical thinking skills help to inform your decision making.

• Your influence makes a difference. You know that relationships and networks are essential to success.

• You are an effective communicator. Ability to translate technical guidance into business terms and implications. You communicate detailed information in a meaningful way.

• You have problem solving skills. You enjoy investigating complex problems and making sense of information, leading to practical solutions on a broad range of matters.

• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

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 [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.

• 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 Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Auditing, Compliance Oversight, Financial Reporting and Analysis, Leadership, People Management, Regulatory Requirements, Tax Advising, Tax Law, Tax Planning