Director, Business Management and Deposit Pricing

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 the Director, Business Management & Deposit Pricing, you will be responsible for leading, planning, and executing key business management, deposit pricing and strategic initiatives for Transaction Banking. In this role, you will oversee financial coordination, data strategy, and dashboard/report design, while also developing and managing the deposit pricing strategy for the Transaction banking deposit portfolio. As the Director, you will provide actionable product and client insights to leadership, ensuring that strategic decisions are informed by robust analysis and market intelligence. You will also facilitate collaboration with finance, sales, relationship management, and other key stakeholders to ensure the successful implementation of pricing strategies.

At CIBC, we enable a work environment designed to help you thrive in your role. To successfully perform your work, you will have the flexibility to manage your activities within a hybrid work arrangement, with on-site presence determined by ongoing business and team requirements. Remaining days may be remote, supporting a balanced approach to work.

How you'll succeed

• Strategic Planning & Business Management - Lead, plan, coordinate, and implement key strategic, deposit pricing, and business management initiatives to support Transaction Banking goals and objectives. Drive continuous improvement in business management processes by identifying opportunities for efficiency, automation, and enhanced reporting. Develop and maintain key business performance metrics, providing regular updates and actionable recommendations to senior leadership. Support the annual planning and forecasting process for Global Transaction Banking, ensuring alignment between business strategy, financial targets, and operational execution.

• Data Analytics & Insights - Oversee the coordination of financials and data analytics with relevant groups to design and deliver dashboards and reports tailored to Global Transaction Banking’s needs. Provide product and client insights to leadership, leveraging analytics to guide strategic decision-making and business development.

• Deposit Pricing Strategy - Design, build, and manage the deposit pricing strategy for the Global Transaction Banking portfolio, ensuring alignment with business objectives and market dynamics. Monitor market trends, competitor pricing, and regulatory changes to proactively adjust pricing strategies and maintain competitive positioning. Liaise with finance, sales, relationship management, and other stakeholders to ensure the effective implementation and monitoring of pricing strategies.

• Collaboration & Culture - Foster a culture of collaboration and innovation within the team and across partner groups, including Commercial Banking and Transaction Banking teams.

Who you are

• You can demonstrate extensive experience in business management, pricing strategy, or financial analysis within banking or financial services.

• Your influence makes a difference. You can demonstrate excellent communication and stakeholder management skills, with the ability to influence and engage at all organizational levels.

• You act like an owner. You have strong leadership and project management skills, with a proven ability to drive cross-functional initiatives. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• 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.

• 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-carrieres@cibc.com

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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

Analytical Thinking, Business Growth, Business Objectives, Client Service, Communication, Customer Experience (CX), Detail-Oriented, Leadership, People Management