CIBC

Director of Lending Technology

CIBC$180K — $240K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Computer Science or Information Technology; Master's preferred.
  • 10+ years in technology leadership focused on commercial deposit and payment systems.
  • Proven track record of leading engineering teams and complex projects.
  • Experience with Agile and Scrumban methodologies and continuous improvement.
  • Familiarity with Microsoft Azure, SQL, .Net, and API development.

Responsibilities

  • Lead and mentor an engineering team focused on Lending Technologies.
  • Drive the strategy for a modern scalable loan origination platform.
  • Collaborate across teams for seamless API integration and batch processes.
  • Build business cases and roadmaps with Product Teams for migrations.
  • Manage production support for legacy systems during transitions.
  • Develop a strategic roadmap for Lending technology initiatives.
  • Monitor industry trends for innovation opportunities.

Benefits

  • Comprehensive medical, dental, vision, and life insurance benefits.
  • Paid time off that includes sick leave and parental leave.
  • 401(k) retirement plan.
  • Unique opportunities for personal and professional development.
  • Social recognition programs to celebrate employee achievements.
Full Job Description
Position Overview

The Director of Lending Technology will be responsible for leading the engineering team in the development and implementation of next generation Loan Origination solutions. This role will focus on modernizing the Loan Origination process while maintaining the current solution. The ideal candidate will have a strong background in building solutions from the grounds-up using modern UI framework and MS Azure Tech stack.

Key Responsibilities
Leadership and Team Management
  • Lead and mentor a high-performing engineering team focused on Lending Technologies.
  • Foster a collaborative and innovative team culture that encourages continuous improvement and professional development.

Tech Modernization and Enablement
  • Drive the strategy and execution of delivering a modern scalable loan origination platform with Microservices API architecture and AI-first mindset
  • Collaborate with cross-functional teams to ensure seamless API integration and batch integrations with internal/external systems.
  • Work with the Product Teams to build business case, roadmap and implementation approach to migrate.
  • Evaluate and select technology partners to support the organization's Loan Origination strategies.

Production Support Management
  • Oversee the management of current platform to keep the system operational with high performance and availability, while the new system is being built.
  • Manage the production support team for vendor applications within the lending landscape, ensuring high availability and performance of systems.
  • Continue to enhance and maintain the processes for incident management, problem resolution, and system monitoring.

Strategic Planning and Execution
  • Develop and execute a strategic roadmap for Lending technology initiatives aligned with business objectives.
  • Monitor industry trends and emerging technologies to identify opportunities for innovation and competitive advantage.

Qualifications
Education
  • Bachelor's degree in Computer Science, Information Technology, or a related field; Master's degree preferred.

Experience
  • Minimum of 10 years of experience in technology leadership roles, with a focus on commercial deposit and payment systems.
  • Proven track record of leading engineering teams and delivering complex technology projects
  • Demonstrated experience in Agile and Scrumban methodologies, with a focus on iterative development and continuous improvement.


Technical Skills
  • Experience with API development and integration using Microsoft Technology stack - Azure, SQL, .Net. Microsoft API Management or Mulesoft experience will be a plus
  • Familiarity with vendor platforms such as FIS ACBS, and emerging fintech solutions for lending.
  • Deep knowledge and experience in implementing workflow solutions for optimizing customer, lending, and/or business digital banking solutions

Leadership Skills
  • Excellent leadership, communication, and interpersonal skills.
  • Ability to influence and collaborate with stakeholders at all levels of the organization.

Why Join Us?
At CIBC, we are committed to fostering a diverse and inclusive workplace where all employees can thrive. As the Director of Commercial Lending Technology, you will play a critical role in shaping the future of our payment solutions and driving innovation within the organization.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $180,000.00 - $240,000.00 for the market 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 may also 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.

Job Location
IL-Chicago, 70 W Madison St Fl 10

Employment Type
Regular

Weekly Hours
40

Skills
Application Development, Coaching, Decision Making, Enterprise Technologies, Leadership, People Management, Project Management, Solutions Design, Stakeholder Management, Technical Architecture

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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