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Director, Innovation Strategy
3 months ago
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.
What You’ll Be Doing
The Enterprise Innovation team plays a key role in CIBC’s mission to build the bank of the future by providing the enterprise with human understandings of emerging trends and technologies, driving hands-on experimentation that deepens our insights into new opportunities and oncoming disruption, growing CIBC’s culture and community of innovation, and working with partners across the bank to deliver new ‘firsts’ for CIBC.
Reporting to the Sr. Director of Enterprise Innovation, the Director of Research and Strategy will be primarily focused on the exploration of emerging trends, technologies, and fintech. As the research lead for the team, the Director will work to enable a culture of curiosity founded on methodology and best practice. As an expert communicator and storyteller, the Director will translate complexity and volume into simple, articulate, and end-user focused outputs covering a range of topics (e.g., competitive/market scans, tech and innovation, fintech, etc.). Further, the Director will also be accountable for supporting the development and execution of ad-hoc engagements that drive transformation and impact across the bank.
How You’ll Succeed
- Presentation and Storytelling: Simplify complex technologies and disruptive trends into relatable concepts, craft personalized and impactful stories that inform and enable action.
Research: Perform research to understand, analyze, and evaluate potential opportunities powered by emerging trends and technologies.
Industry/Eco-System Engagement: Engage with external industry as required (FinTechs, big tech, academia, etc.) – to explore new partnered powered opportunities, while supporting CIBC’s external brand and industry posture.
Engagement Planning and Execution: Translate potential opportunities into actionable plans that drive alignment, provide transparency to stakeholders, and balance the risk of failure at every stage.
Prioritization & Integration of Ideas: In a continually changing environment, ensure priorities are well understood and integrated into strategy, and be able to integrate new and/or changing information into decisions effectively.
Domain Expertise: Act as CIBC's expert representative in internal and external forums and maintain personal knowledge “currency” in the emerging trends & tech domain to provide value-added consulting to leadership on an ongoing basis.
Who You Are
You are end user obsessed. You are passionate about translating complex concepts and technologies into simple human stories that resonate with an end user group. You have the knowledge and discipline to organize different engagements and efforts in the context of your target end user needs.
You are always able to answer these questions:
- Who are my target group of end users?
- What is the impact I’m trying to create with them?
- What planned actions am I pursuing in order to achieve those impacts?
You are an Enterprise Entrepreneur. You have demonstrated experience navigating the bank to create impact in the absence of existing processes, frameworks, and precedence for what you are doing. You are energized by the opportunity to work within the constructs of the bank and stakeholder interests to deliver new firsts for CIBC. You view failure and frustration as necessary, value-added parts of the innovation process. You embrace ambiguity and the unknown but know when to ask for clarity/guidance. You are proactive about finding answers to questions you don’t know. You are passionate about Innovation (whatever it means to you). You have a personal view of what innovation means to you. You can demonstrate a passion for staying up to date on new innovations and industry activities. Innovation is more than just ‘something you have to do at work’. You have relevant experience in corporate development and management consulting.
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.
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.
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, 16th Floor
Employment Type: Regular
Weekly Hours: 37.5
Skills: Communication, Emerging Technologies, Innovation, Roadmapping
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