Product Manager, Deposit Specialist

Join to apply for the Product Manager, Deposit Specialist role at CIBC. 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 Reporting into the Director of Wealth Solutions, the Deposit Specialist is responsible for supporting and assisting with the team’s efforts to grow the deposits portfolio for Private Wealth Management. The role exercises independent judgement within defined procedures, researching market activities, performing product analysis and applying product knowledge to develop proposals, reports, reviews, and other support as required. The Product Manager applies professional analytical, communication, and application skills to assist in the execution of deposit and investment initiatives, including assisting in business requirements and business case development. The role assists in the implementation of tactical initiatives including program enhancements, process improvements and client offers to ensure the long‑term success of the business. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on‑site and remote work) will be discussed at the time of your interview. How You’ll Succeed Client Service – Provide support to region’s Wood Gundy Investment Advisors and Private Banking teams to accelerate the bank’s deposit gathering efforts. Assist advisors in determining client/prospect needs and objectives; designing specific solutions to meet those needs, presenting the solutions in a compelling way to win or retain balances and relationships. Operational Excellence – Initiate deposit sales through larger scale projects and initiatives; collaborate with appropriate bank partners to assist with the acquisition of deposits. Evaluate, negotiate, and approve exception pricing requests within assigned authorities balancing the goal of maximizing net interest income and overall client relationship profitability while growing the deposit base. Monitor and communicate regional competitive trends to regional partners and the bank’s Deposit Products team. Relationship building – In partnership with the deposit team, support the Director of Wealth Solutions and the Sr. Manager, Wealth Solutions with the implementation of short- and long‑term strategies to meet deposit growth and revenue targets. Assist with the development and education of the advisors’ teams on all matters related to deposits, including sales strategies, industry trends, and sales practices. Become the knowledge expert in all facets of deposits, pricing, valuation, and the many options and solutions available to our wealth clients. Who You Are You can demonstrate experience and general knowledge of liquidity/deposits products, Treasury and short‑term investment options for non‑personal and personal clients. You have proven robust quantitative and qualitative analytical skills with an ability to present findings in concise verbal and written presentations. You embrace and advocate for change. You are a strategic thinker and problem solver with the ability and initiative to directly and indirectly drive sales. You know that details matter. You notice things that others don’t. Your critical thinking skills help to inform your decision making and you have the ability to multi‑task in a fast‑paced environment. Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise and have experience in relationship management. You act like an owner. You thrive when you’re empowered to take initiative, go above and beyond, and deliver results. You have a sales discipline with evidence of past success. You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends and are proficient with Microsoft Office suite of products. Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. What CIBC Offers 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 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, 12th Floor Employment Type Regular Weekly Hours 37.5 Skills Communication, Investments, Personal Initiative, Product Development, Strategic Objectives, Strategy Development, Teamwork, Waterfall Model, Wealth Management Seniority level Entry level Employment type Full‑time Job function Product Management and Marketing Banking #J-18808-Ljbffr