CIBC

Director, Network Engineering

CIBC$165K — $240K *
Telecommunications & Hardware
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in Network Engineering, with 5 years in a senior leadership role.
  • Bachelor's degree in Computer Science, Information Technology, or related field; advanced degree or relevant certifications preferred.
  • Proven track record in managing comprehensive network infrastructure projects.
  • Excellent communication and leadership skills, able to bridge technical and non-technical teams.
  • Strong understanding of cybersecurity principles and experience in a banking environment.

Responsibilities

  • Lead the design and implementation of secure network architectures.
  • Provide mentorship and guidance to the network engineering team.
  • Ensure compliance with industry regulations and implement security measures.
  • Manage relationships with vendors and negotiate contracts effectively.
  • Develop incident response procedures for network-related incidents.
  • Monitor and optimize network performance for reliability and efficiency.
  • Manage the network engineering budget and resource allocation.

Benefits

  • Medical, Dental, Vision, and Health Savings Account.
  • Life Insurance and Disability Insurance options.
  • Paid Time Off including Sick Leave and Parental Leave.
  • 401(k) retirement plan with employer contributions.
  • Flexible hybrid work arrangement of 3-4 days on-site.
Full Job Description
We're seeking a Director, Network Engineering to lead a talented team responsible for designing and managing the network foundation that supports critical banking operations. This role is ideal for a collaborative leader who combines deep technical expertise with a passion for mentorship, partnership, and continuous improvement.

You'll help strengthen network resilience, support modernization, and ensure strong security and compliance practices across the environment.

What you'll be doing

The Director of Network Engineering is responsible for leading the design, implementation, and management of the bank's network infrastructure. This role requires extensive expertise in networking technologies, security, and compliance standards relevant to the banking industry. The incumbent will lead a team of network engineers and collaborate closely with other technology and security teams to ensure the bank's network is secure, resilient, and capable of supporting current and future business requirements.

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 3-4 days per week on-site, while other days may be remote.

How you'll succeed
  • Network Architecture and Design: Lead the design and implementation of scalable, secure, and resilient network architectures to meet the bank's business needs. Evaluate new technologies and make recommendations for network enhancements and upgrades.
  • Team Leadership and Development: Provide leadership, guidance, and mentorship to the network engineering team. Foster a culture of collaboration, innovation, and continuous learning within the team.
  • Security and Compliance: Ensure that the bank's network infrastructure complies with industry regulations, standards, and best practices, including PCI DSS, GLBA, and FFIEC guidelines. Implement robust security measures to protect the bank's network from cyber threats, vulnerabilities, and attacks.
  • Vendor Management: Manage relationships with network equipment vendors, service providers, and contractors. Negotiate contracts, evaluate proposals, and ensure timely delivery of products and services.
  • Incident Response and Risk Management: Develop and implement incident response procedures to address network outages, security breaches, and other incidents promptly. Identify and mitigate network-related risks to ensure uninterrupted banking operations.
  • Performance Optimization: Monitor network performance and implement optimizations to enhance speed, reliability, and efficiency. Conduct regular performance assessments and capacity planning to support the bank's growth objectives.
  • Budgeting and Resource Management: Manage the network engineering budget effectively, allocating resources based on priorities and strategic objectives.
  • Optimize costs while ensuring the network infrastructure meets operational and security requirements.
  • Collaboration and Communication: Collaborate with other technology teams, such as Infrastructure Operations, Cybersecurity, Information Security and Application Development, to ensure seamless integration of network infrastructure with other systems and applications. Communicate effectively with senior management and stakeholders, providing updates on network projects, initiatives, and performance.
  • Documentation and Reporting: Maintain accurate documentation of network configurations, policies, procedures, and incident reports. Generate regular reports on network performance, security posture, and compliance status for internal and regulatory purposes.


Who you are
  • You have a minimum of 10 years of experience in Network Engineering, with at least 5 years in a senior leadership role. You are well experienced in integrating multiple corporate networks and have experience with Network Monitoring and Management tools, such as Cisco and Palo Alto Networks. You have an in-depth knowledge of networking protocols, technologies, and architectures, including LAN, WAN, VPN, SD-WAN, MPLS and network infrastructure that supports cloud services and have a strong understanding of cybersecurity principles, threat landscape, and best practices for securing network infrastructure in a banking environment.
  • You have a bachelor's degree in Computer Science, Information Technology, or related field. Advanced degree or relevant certifications (e.g., CCIE, CISSP) preferred.
  • You have a proven track record of successfully leading network infrastructure projects from conception to implementation, within budget and timeline constraints.
  • You have a excellent communication, leadership, and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and communicate technical concepts to non-technical stakeholders.
  • You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
  • You're able to work cross-functionally with Internal business partners and CIBC lines of businesses and their leadership teams, partner teams and centers of excellence.


#LI-TA

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $165,000- $240,000 based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; 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, and 401(k), in addition to other special perks reserved for our team members.

This position does not offer visa sponsorship.

What you need to know
  • 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, 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
IL-Chicago, 70 W Madison St Fl 10

Employment Type
Regular

Weekly Hours
40

Skills
Data Center Networks, Design Planning, Network Technologies, Project Intake Management

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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