Job Description

We\xe2\x80\x99re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what\xe2\x80\x99s 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



Capital Markets and Direct Financial Services provides integrated services and products aimed at serving investors as well as corporate and institutional clients globally. The Capital Markets business is a recognized leader in the industry specializing in investment banking advisory services, corporate lending and research. In addition, the Direct Financial Services arm provides alternate services and solutions such as direct investing, direct banking and unique international payment solutions. Collectively, these lines of business are achieving CIBC\xe2\x80\x99s core purpose: to help make our clients\xe2\x80\x99 ambitions a reality.

What you\xe2\x80\x99ll Be Doing

Reporting to the Managing Director, Simplii Financial, this role has direct responsibility for leading the strategy and evolution of the Simplii Credit Card & Unsecured lending portfolio. The individual develops compelling, industry leading products under the Simplii brand, manages and owns the product strategy and performance and supports the day to day management of Simplii products. The role is critical in influencing the ongoing development and growth of the Simplii Financial franchise and it\xe2\x80\x99s positive contribution to the CIBC enterprise.

At Simplii Financial, 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

Product Strategic Planning - Own the development of annual strategic business plans and business cases for Simplii Credit Cards & Unsecured lending products. Work with the Managing Director, product peers, your team, and cross functional resources to achieve business objectives including NPS, revenue, profit, volume and market share goals. Drive sales effectiveness, create operational efficiency and strategic congruence. Maintain and share product value propositions and strategies that align to the Simplii brand and franchise strategy. Accountable for performance of Simplii Credit Card & Unsecured lending product KPIs through strategic management and ongoing analysis of trends and the competitive landscape. Track and manage credit card and unsecured loans funds acquisitions, balances, purchase volume growth. Support monthly/quarterly/annual financial forecasts. Oversee continuous monitoring and management of product risks and controls while working closely with all risk stakeholders including Fraud, Collections and Recovery . Drive and own the technology roadmap for the products to continuously stay ahead of the market and customer expectation. Take ownership of all aspects of the business to ensure that the business objectives and customer expectations are exceeded, consistently.

Product Development and CX - Promote a continuous review and analysis of product performance and market positioning. Build and maintain expertise on the Direct and Digital Banking market and key trends in product and client experience. Design, recommend, execute and analyze product and CX enhancements to ensure growth and client loyalty with Simplii Products. Develop product enhancement opportunities that help achieve franchise objectives through assessment of cost/benefits, CX impact, performance and improved alignment with target segments. Manage product development, campaign and product operation costs.

Team Management: Provide senior leadership and effective management of business unit staff to influence employee commitment to the organization, to the team, and to their job by. Setting appropriate context when assigning work to ensure that individuals\xe2\x80\x99 roles support the achievement of the business unit\xe2\x80\x99s priorities and CIBC\xe2\x80\x99s overall goals. Building team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training. Managing performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities. Creating a positive work environment and being an effective role model by championing CIBC\xe2\x80\x99s mission, vision and values. Ensuring compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect, and hiring the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

Who You Are

You have Post-secondary education in Business, Commerce or related field.

You have trong and extensive background in financial services with 10 years\xe2\x80\x99 experience

Product Management and strategic planning.

You have the ability to plan and coordinate several initiatives simultaneously

You have strong ability to understand and interpret complex information, identify patterns and trends in new or strategic areas, and independently develop recommendations in order to respond to urgent business priorities

Strong analytical, problem-solving and influential skills

You are a strong communicator. Excellent communication and presentation skills sufficient to prepare, present material to and influence executive audience

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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

Job Location Toronto-161 Bay St., 4th

Employment Type Regular

Weekly Hours 37.5

Skills

Business Analysis, Change Management, Creativity, Leadership, Long Term Planning, Pricing Strategies, Product Management, Product Strategies, Project Management, Relationship Building

CIBC