CIBC

Senior Manager, Cash Management

CIBC$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Commercial Banking Cash Management
  • Demonstrated business development and client relationship management skills
  • Strong negotiating abilities with a focus on complex cash management solutions
  • Bachelor's degree in Business, Finance, Accounting, Marketing, or related field
  • Ability to articulate cash management value in financial terms
  • Commitment to organizational values: trust, teamwork, and accountability

Responsibilities

  • Develop new client relationships through targeted business development activities
  • Structure and negotiate cash management arrangements that fulfill client needs
  • Manage and provide direct coverage for a portfolio of Commercial and Large Corporate clients
  • Analyze client business requirements to propose tailored cash management solutions
  • Collaborate with internal partners to connect clients with growth opportunities
  • Build a strong presence in the local business community to enhance client relations
  • Support cross-selling efforts to drive business growth and superior customer service

Benefits

  • Personalized recognition for contributions, including competitive salary and incentive pay
  • Comprehensive benefits program, including a defined benefit pension plan and an employee share purchase plan
  • Offering a vacation program and wellbeing support
  • Participation in Purpose Day, a paid day off dedicated to personal growth and development
  • Access to tools and spaces to facilitate innovation and collaboration among team members
Full Job Description
What you'll be doing

As a Senior Manager, Cash Management, you'll partner with the Commercial Banking Relationship Managers to champion CIBC's vision of being "The Leader in Client Relationships." As a Manager, Cash Management, you will work within a team of dedicated cash management specialists and treasury professionals. Reporting to the Director and Team Lead, you will be responsible for client service, and portfolio management. This includes supporting business development activities, conducting analyses to understand clients' business requirements and proposing cash management solutions to meet their needs. You will work with several internal and external partners to support a wide range of clients, contributing to cross-selling efforts as well as activities supporting business growth and superior customer service.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview

How you'll succeed
  • Business Development - Develop new client relationships through business development activities leveraging referral sources, existing clients, and centers of influence. Actively monitor and manage these relationships by fully understanding our client's goals, objectives, and status of our client's business.
  • Cash Management - Structure, negotiate and document cash management arrangements with clients and prospects that meet client needs. Provide direct coverage and manage a portfolio of Commercial and Large Corporate clients.
  • Collaborate - Work with internal partners to connect clients with opportunities. Commit to building a profile in the local business community to leverage that profile into effective working relationships with new and existing clients and internal partners.


Who you are
  • You can demonstrate experience in Commercial Banking Cash Management working with clients with complex cash management needs, proven business development skills, and highly developed negotiating skills.
  • You put our clients first. You have well-developed client and relationship management skills. You engage with the purpose of finding the right solutions.
  • You have a Bachelor's degree in Business, Finance, Accounting, Marketing, or related field
  • You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.
  • You can demonstrate an understanding of business and financial concepts to effectively articulate the cash management value proposition, as it relates to the impact on financial statements
  • 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, 10th Floor

Employment Type
Regular

Weekly Hours
37.5

Skills
Budgeting, Business Banking, Cash Management, Client Service, Financial Advising, Group Problem Solving, Management Planning, Market Trends, People Management, Results-Oriented

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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