Sr. Product Manager, Auto Finance

Toronto, ON, CA, Canada

Job Description

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
As a member of the Auto Finance Operations & Policy team, the Senior Product Manager, Operations & Projects accountable for the continuous operational effectiveness and improvement of the Auto Finance business to mitigate operational risk, optimize efficiency, and significantly improve the customer experience. You will execute on strategic initiatives that will drive growth and meet business targets. You will develop and maintain internal relationships across the organization and with external partners to address day-to-day Product inquiries and investigations and execute on initiatives.

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.

12-month term replacing a maternity leave
How You'll SucceedRelationship building - You will effectively interact and build relationships internal and external to CIBC. When issues are identified, you effectively can oversee and monitor the development of right-sized solutions across business units. You will be interacting with Vendors/Suppliers, Sales, Credit Adjudication, Telephone Banking and Retail Operations, etc... You have strong interpersonal and communication skills to build and maintain effective working relationships with internal groups and other business units within CIBC. Product & Business Management - You will work closely with vendors and internal groups to ensure effective and efficient business and operating processes are in place and are implemented and managed appropriately to support excellent client service, growth and profitability, as well as all product changes are implemented on a timely basis, all forms and supporting materials and processes are updated, and all necessary parties, including clients, are informed of changes. Develop and implement new processes and procedures, defining criteria and monitor on-going compliance. Collaborate with key partners (e.g., Retail Operations, Fraud, Collections, Recovery, and external vendors) to assess current state features and processes and work with the partners to enhance. Work closely with partners to execute effectively, to optimize sales and growth, build positive client experiences, and ultimately drive portfolio growth. Communicate business strategy and initiative updates to large groups of people via presentation formats to deliver clear, concise and effective communication. Project Management & Continuous Improvement - You will develop proposals, assess the impact to technology, back office, as well as effectiveness and feasibility of proposed changes, and make recommendations. Develop recommendations inclusive of research market activities to end to end management of various operational efficiency and BAU initiatives including implementation and testing plans with vendors and internal CIBC partners, in addition to developing, updating and implementing processes and procedures. Identify, design, develop and implement key product processes and procedures that support the delivery of multiple key product initiatives for the Auto Finance business.


You have:Working Knowledge of CIBC Operations sufficient to use routine operational or administrative practices/processes in number of generally related administrative/operational activities Some exposure to Salesforce.com would be valuable, in addition to managing 3rd party relationships Well-developed problem solving and influencing skills and working knowledge of the practices, procedures and principles of Lending Products and frontline technology and processes (CLASS/COINS, Servicing and Account Management of external/internal clients) Demonstrated time management and self-planning skills with an ability to organize and carry out work assignments according to established work plans Strong interpersonal and communication skills to build and maintain effective working relationships with internal groups and other business units within CIBC. Solid knowledge of Microsoft Office applications, Excel, PowerPoint, and the ability to learn new computer software programs

Who You AreYou can demonstrate extensive experience. In product management, initiative management, strategic planning, and partnerships sufficient to identify, develop, and implement approved initiatives (experience preferably in financial services). You have strong problem-solving and communication skills, and financial acumen. You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results. 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 look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible. You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life. Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.

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 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit, wellbeing support and additional offers such as employee and family assistance programs 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.
Subject to program terms and conditions

What you need to knowCIBC 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-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 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.

Expected End Date
2026-04-21
Job Location
Toronto-81 Bay, 24th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Business Operations

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Job Detail

  • Job Id
    JD2392116
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, CA, Canada
  • Education
    Not mentioned