CIBC

Director, Product Owner - Payments Infrastructure & Transaction Processing - Simplii Financial

CIBC$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years experience in payments product leadership or banking platforms
  • Strong knowledge of payments infrastructure and transaction processing
  • Experience with regulatory compliance in financial services
  • Proven ability to manage integrations with payment hubs and processors
  • Demonstrated skills in agile methodology and backlog management
  • Excellent communication and leadership abilities

Responsibilities

  • Define product vision for payments infrastructure, focusing on reliability and compliance
  • Translate business and regulatory needs into actionable roadmaps
  • Lead modernization initiatives to simplify platform architecture
  • Ensure operational excellence in payments reconciliation and settlement
  • Manage squad backlog and lead agile ceremonies
  • Collaborate with stakeholders and vendors to drive product outcomes

Benefits

  • Competitive salary and incentive pay
  • Benefits program including wellness support
  • Defined benefit pension plan and employee share purchase plan
  • Generous vacation offering
  • Opportunity for personal growth through Purpose Day
Full Job Description
What you'll be doing

At Simplii Financial, we're redefining how Canadians move money by building robust, scalable payments platforms that simplify complex processes and anticipate future needs. As the Director, Product Owner - Payments Infrastructure & Transaction Processing, you'll lead the strategy, roadmap, and build of Simplii's payments infrastructure. You'll be responsible for ensuring reliable, transparent, and efficient money movement across all channels, overseeing integration with payment networks, card processors, rail providers, and reconciliation systems. Your role will involve translating business goals, regulatory mandates, and operational pain points into actionable product outcomes, partnering closely with technology, architecture, operations, risk, finance, and external vendors. You'll drive modernization efforts, streamline platform architecture, and ensure the payments infrastructure is resilient, compliant, and ready to quickly adapt to changes in the payments landscape.

At CIBC we enable the work environment most optimal for you to thrive in your role. You can effectively perform all work activities remotely, and will only be required to be on-site on an occasional basis.

How you'll succeed

  • Payments Infrastructure Product Ownership - Own the vision for Simplii's payments platforms, balancing flexibility to meet customer needs, performance, and efficiency.
  • Transaction Processing & Integration - Translate business and regulatory priorities into a clear roadmap, managing integrations with processors, networks, rail providers, and internal systems.
  • Modernization & Architecture Simplification - Lead the discovery and delivery of Simplii's payments modernization, reducing duplication and complexity while enhancing platform capability.
  • Reconciliation & Operational Excellence - Develop and maintain capabilities for payments reconciliation, settlement, and operational visibility, ensuring compliance with regulatory and scheme requirements.
  • Stakeholder & Vendor Engagement - Act as the product decision-maker, partnering with internal teams and external vendors to translate requirements into outcomes.


Who you are

  • You have relevant experience. You bring strong experience in payments products and protocols, transaction processing, card issuing/processing, or banking platform roles within regulated environments.
  • You're a technically strong platform leader. You bring deep knowledge of technology infrastructure and can challenge architecture, operations, and engineering decisions to drive optimal outcomes.
  • You're a decisive product owner. You excel at turning complex modernization goals into sequenced roadmaps, disciplined backlogs, and measurable results.
  • You understand regulated financial services. You recognize the importance of speed, resilience, controls, auditability, and incident readiness in payments processing.
  • You're a collaborative leader. You foster alignment across product, technology, architecture, operations, finance, risk, compliance, security, and vendor partners.
  • 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

Job Location
Toronto-161 Bay St., 4th

Employment Type
Regular

Weekly Hours
37.5

Skills
Accountability, Agile Methodology, Analytical Thinking, Backlog Management, Communication, Data-Driven Decision Making, Domain Knowledge, Influencing Without Authority, Mentorship, Negotiation, Problem Solving, Product Portfolio Strategy, Product Roadmap Development, Risk Management, Sprint Planning, Stakeholder Management, User Story Mapping

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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