Director, Product Management

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.

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What you'll be doing

As a member of CIBC's team, the Director, RESL (real estate secured lending) Product Management, Regulatory Programs will be responsible for developing and executing strategic initiatives related to RESL policy on a range of business product lines, with a focus on policy development, design and maintenance for RESL products. You'll exercise a high degree of independent judgement, providing leadership for business consulting, information architecture activities and deliverables for a team delivering projects. In addition to policy development, you'll contribute to broader product management initiatives, ensuring alignment with regulatory requirements, our risk appetite, business objectives and client needs. As a Director, you'll develop and maintain internal relationships across the organization, both within and outside of technology, risk and distribution channels - including negotiating and influencing opinions. In addition, you'll provide sophisticated analysis of complex business information and make comprehensive recommendations to management including executives and business leaders. You'll drive innovation across areas of responsibility, apply expert interpersonal, communication, planning, critical thinking and problem-solving skills.

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

• Strategy and planning – Contribute to long-term strategy for the business in collaboration with the Senior Director and other business create competitive strategies. leaders. Perform in-depth analysis to identify opportunities, develop strategic proposals and Target the product offering with the objective of increasing business revenue, competitiveness, growing market share and reducing operational costs. Collaborate with internal partners to oversee, communicate, and align business plans and ensure delivery on strategy and plans.  An important component of this responsibility will include developing and maintaining policies for RESL products to ensure compliance with regulatory requirements and alignment with business goals. 

• Product development - Lead and provide direction to product team members. Oversee development options and proposals related to development or enhancement of specific products or services, assessing the impact, effectiveness and feasibility of proposed changes, and making authoritative recommendations. You will be responsible for the overall design, development and implementation of new products and product plans. This includes accountability for the planning and delivery of enhancements and fixes specific to client-facing applications. Contribute to the creation of business cases for new policy initiatives and enhancements.

• People management - Lead, motivate and coach on an on-going basis. Identify gaps and remove obstacles to performance, develop action plans to align with business priorities. Create a positive work environment and role model by championing CIBC's mission, vision and values. Comply with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect. Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

Who you are

• You can demonstrate extensive experience in product management, strategic planning, and project management sufficient to identify, develop, and implement approved initiatives (experience preferably in financial services).  You have strong analytical, critical thinking and problem-solving skills, excellent communication and presentation skills sufficient to prepare and present material to an executive audience. Experience in policy development for RESL or similar financial products is highly desirable. 

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

• 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-

• 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, 24th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Cases, Business Planning, Communication, Detail-Oriented, Group Problem Solving, Innovation, Leadership, People Management, Product Management, Product Marketing, Project Management, Relationship Building, Risk Management, Strategic Objectives

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