CIBC

Executive Director, Technology Strategy - Business Effectiveness

CIBC$170K — $200K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years experience in corporate & investment banking, specifically in product strategy and transformation.
  • Proven success in leading large-scale transformation initiatives within a global financial institution.
  • Expertise in data modeling, taxonomy development, and data governance for banking products.
  • Bachelor's degree in Business, Finance, Economics, Data Science, or related field; MBA preferred.
  • Experience in building and mentoring high-performing teams, particularly in product and transformation roles.

Responsibilities

  • Collaborate with business leaders to align technology with business growth objectives.
  • Develop and maintain a comprehensive technology roadmap in partnership with technology teams.
  • Lead large-scale transformation programs to enhance product offerings and client experience.
  • Oversee the governance of data models to support analytics and regulatory compliance.
  • Build relationships with stakeholders to execute technology initiatives effectively.

Benefits

  • Recognition through competitive salary and incentive pay.
  • Access to a comprehensive benefits program and defined benefit pension plan.
  • Employee share purchase plan to enable participation in company growth.
  • Dedicated days off for personal growth and development initiatives.
  • Wellbeing support and a workplace culture that encourages teamwork and accountability.
Full Job Description
What you'll be doing

We are seeking a highly skilled technologist with deep understanding of the corporate and investment banking business. As the Executive Director, Technology Strategy - Business Effectiveness, the primary objective is to support the growth of the business by ensuring our technology systems and processes are fit for purpose, scalable, and aligned with business needs. You will collaborate closely with business stakeholders and partner with technology to develop and execute a technology roadmap that bridges business requirements with technological capabilities. You will help to execute Global Corporate and Investment Banking's ('GCIB') strategy, aligning technology initiatives to enable GCIB to achieve its mandate, goals, and objectives. You will set strategic plans that align with GCIB's overall vision.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you'll be on-site full-time.

How you'll succeed

  • Strategic Technology & Innovation - Partner with business leaders in corporate and investment banking to identify strategic technology priorities and requirements.Partner with technology to develop and maintain a comprehensive technology roadmap aligned to business growth objectives.Champion AI efforts and business adoption.Translate business needs into actionable technology solutions, ensuring timely and effective delivery.Partner with technology to lead or support initiatives to modernize platforms, integrate new technologies, and optimize workflows.Monitor industry trends and emerging technologies relevant to corporate and investment banking. Ensure technology solutions meet regulatory, risk, and security standards. Assess existing systems and processes, recommending enhancements to drive efficiency, scalability, and compliance.
  • Product Strategy, Transformation & Data Management - Develop and execute a comprehensive product strategy for GCIB, ensuring alignment with global business objectives, regulatory requirements, and evolving market trends.Lead large-scale transformation programs, including digitalization, process re-engineering, and operating model redesign to enhance product offerings and client experience.Oversee the design, implementation, and governance of data models and taxonomies to support product management, reporting, analytics, and regulatory compliance.Benchmark and incorporate best practices in product strategy, transformation, and data management from leading global banks.Drive market intelligence, including competitor analysis, customer insights, and regulatory developments, to inform product and transformation strategy.Ensure robust product lifecycle management from ideation through to launch and post-launch optimization, with a focus on data integrity and risk management.
  • Leadership, Relationship Management & Collaboration - Build effective relationships with internal stakeholders to successfully execute initiatives and bring new clients and capabilities to market. You'll communicate complex concepts clearly and elegantly, collaborating closely with business partners to understand their challenges by asking insightful questions and gathering necessary information. Collaborate with senior leaders across business lines, technology, risk, operations, and data teams to deliver integrated and scalable product solutions.Foster a culture of innovation, data-driven decision making, and continuous improvement within the team.Manage, mentor, and develop a high-performing team of product strategists, transformation leaders, and data specialists.Present strategic recommendations, business cases, and transformation progress updates to executive management and relevant governance committees.


Who you are

  • You can demonstrate experience. 12+ years of progressive experience in corporate & investment banking, with a focus on product strategy, transformation, or innovation. Demonstrated success in leading large-scale transformation and change management initiatives, including data-driven projects, within a global financial institution. Proven ability to benchmark and implement best practices from leading global banks. Experience managing and developing high-performing teams, including product, transformation, and data professionals.
  • You can demonstrate knowledge. Deep expertise in data modeling, taxonomy development, and data governance as applied to banking products and services. Strong knowledge of global banking products, regulatory landscape, and emerging market and technology trends.
  • You have a degree. Bachelor's degree in Business, Finance, Economics, Data Science, or a related field; MBA or equivalent advanced degree preferred.
  • You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.
  • You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You have strong analytical, problem-solving, and communication skills, with a track record of data-driven decision making.
  • Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise. You have strong leadership, stakeholder management, and influencing skills at the executive level.
  • You're goal oriented. You're motivated by accomplishing your goals and delivering your best to make a difference.
  • You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
  • You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
  • 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-141 Bay, 14th Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Business Effectiveness, Business Growth, Business Objectives, Capital Markets, Communication, Customer Experience (CX), Detail-Oriented, Leadership, People 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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