Senior Product Manager - Deposits

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.

About the role

As a member of CIBC’s team, the Senior Product Manager is responsible for developing tactical plans of our deposit product suite for management approval, and assuming responsibility for execution of the approved plans. The role applies advanced concepts to develop, recommend, and implement annual business plans, manage day-to-day product activities, support internal and external partner and stakeholder management, and support the development and implementation of new product concepts and features to continue growth and product relevance to clients.

The Senior Product Manager uses independent judgement to determine methods and approaches to work, collaborating with the business to engage resources and support initiatives to ensure the lifetime value of the client is maximized. The role also supports new business development activities, including initial concept development, market assessment, business case development, and implementation to support CIBC’s enhanced client experience objectives while following good governance and risk management principles.

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.

Responsibilities

• Support strategy by developing and executing against strategic priorities to drive product enhancements and development, sales by executing against offers and campaigns, and engagement by improving client communication and experience.
• Lead key initiatives end-to-end from:
  • Idea generation and conceptualizing
  • Solution and capability design
  • Assessing financial impacts and business case
  • Leading development and build with partners
  • Implementation
• Analyze and assess key business drivers, derive insights, develop recommendations, and implement changes.
• Stay abreast of and demonstrate a strong understanding of industry and competitive positioning and developments in Canada.
• Evaluate competitive best practices to formulate new ideas and execute to remain competitive.
• Develop strong relationships and successfully partner with key stakeholders across the bank (Digital, Marketing, Analytics, Finance, Technology, distribution partners, etc.).
• Develop and deliver senior-level communications in Insurance and across the bank.

Qualifications

• Demonstrated experience in the financial industries (5-7+ years).
• Strong understanding of financial, client, and operational data with the ability to interpret complex information, identify patterns, and trends.
• Well-developed management and leadership skills sufficient to achieve results within a matrix organization, including the ability to influence at a senior level.
• Ability to plan, prioritize, and organize work effectively while managing competing priorities.
• Strong communication skills, including the ability to present (both written and verbal) complex, conceptual information in a clear and concise manner.

Skills

• Analytical Thinking
• Business Cases
• Business Development
• Business Planning
• Market Research
• Product Analysis
• Product Development
• Product Management

Who You Are

• Passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
• 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.
• 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.
• Embrace and champion change. You continuously evolve your thinking and the way you work to deliver your best. You’re creative and results-oriented, with excellent attention to detail.
• Values matter to you. You bring your real self to work and live our values — trust, teamwork, and accountability.

Benefits

• Competitive total rewards package.
• Expected salary range of $90,000 - $115,000 based on experience, qualifications, and location.
• Eligibility to participate in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component.
• Full range of benefits and programs, including:
  • Medical, Dental, Vision
  • Health Savings Account
  • Life Insurance, Disability, and Other Insurance Plans
  • Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
  • Holidays
  • 401(k)
• MomentMakers: social, points-based recognition program.
• Wellbeing support.
• Purpose Day: a paid day off dedicated to investing in your growth and development.

Schedule

40 hours per week.

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 provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com.

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.