CIBC

Group Product Manager

CIBC • $110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in business planning and pricing best practices.
  • Strong expertise in product management, particularly in financial services.
  • Proficient in strategic planning with a focus on complex, ambiguous projects.
  • Demonstrated ability to develop effective relationships with internal and external stakeholders.
  • Excellent analytical skills to interpret complex data and business metrics.

Responsibilities

  • Support and execute product pricing strategies to enhance client profitability.
  • Lead initiatives for pricing and revenue improvement across products.
  • Monitor key business metrics to drive industry growth and competitive positioning.
  • Establish campaign management objectives and prioritize frontline empowerment efforts.
  • Evolve existing systems and processes to maximize revenue from products.

Benefits

  • Personalized recognition and competitive salary with incentive pay.
  • Comprehensive benefits program and defined benefit pension plan.
  • Employee share purchase plan and vacation offerings.
  • Wellbeing support and a culture promoting professional growth.
  • Dedicated paid day off for personal development, known as Purpose Day.
Full Job Description
What you'll be doing

As a member of Product Management, you'll be responsible for supporting and executing the development of product pricing strategies to maximize client profitability and remain competitive in the marketplace. As a Group Product Manager, you'll manage and monitor key business metrics to exceed industry growth. Lead all Pricing and Revenue enhancement initiatives including establishing objectives, setting priorities for campaign management, frontline empowerment and continue to evolve the existing processes and systems to optimize the revenue from products.

At 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 1-3 days per week on-site, while other days will be remote.

How you'll succeed
  • Product management - Strong knowledge and experience in product management, strategic planning, and project management sufficient to identify, develop, and implement approved initiatives (experience preferably in financial services).
  • Analytical - Understand and interpret complex information, identify patterns and trends in new or strategic areas, and develop recommendations, often with minimal direction in order to respond to urgent business priorities.
  • Leadership - Well-developed management and leadership skills sufficient to achieve results within a matrix organization, including the ability to bring about change at a senior level.
  • Relationship management - Meet business objectives by managing relationships and working effectively with internal and external partners including Frontline Channels, Marketing and other lines of business, partners and vendors.


Who you are
  • You can demonstrate experiencein business planning, business model development and pricing best-practices (5+ years). You also have in-depth knowledge of creditor insurance products. You have strategic planning skills sufficient to establish and co-ordinate complex assignments and projects which can be ambiguous in nature.
  • Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
  • 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 give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
  • You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define what's possible.
  • 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-81 Bay, 24th Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Data Analysis, Leadership, Market Research, Product Analysis, Product Development, Product Management, Product Planning, Product Pricing, Strategic Objectives

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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