CIBC

Senior Manager, IT Asset Management

CIBC$100K — $130K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in software asset management and ITAM processes
  • Hands-on experience with SAM tools such as ServiceNow SAM Pro and SCCM
  • Expertise in interpreting licensing models, contracts, and consumption data
  • Proficient in advanced Excel and AI tools like Copilot
  • Strong skills in decision making, critical thinking, and relationship building

Responsibilities

  • Govern and manage the CIBC Transactions and Compliance program
  • Analyze complex data for actionable insights and recommendations
  • Connect business units with contract management and vendors
  • Optimize procurement and renewal processes for efficiency
  • Oversee daily SAM activities including validation and reconciliation
  • Drive continuous improvement in SAM governance and operational procedures

Benefits

  • Flexible hybrid work arrangement
  • Competitive benefits program including banking benefits and defined benefit pension plan
  • Employee recognition program with personalized recognition
  • Access to innovative workspaces and technology
  • Paid day off for personal development through Purpose Day
Full Job Description

Whatyoullbe doing

You'll be joining CIBC's IT Asset Management (ITAM) team as a Senior Manager. In this role, you'll govern and manage the CIBC Transactions and Compliance program, oversee procurement and renewal requests, and ensure accurate compliance validations, artifact retention, and entitlement management. You'll analyze complex data from multiple sources to create clear, actionable insights and recommendations. As a trusted advisor, you'll connect business units, contract management, vendors, and legal partners to facilitate effective collaboration. You'll proactively manage your workstream, optimizing processes for efficiency and data quality, and ensuring timelines are met. You'll leverage SAM tools such as ServiceNow SAM Pro, SCCM, and other software discovery tools, using advanced analytics to support licensing optimization and compliance initiatives. Additionally, you'll provide guidance and support to your team, helping them complete renewals on time and fostering their professional growth.

At CIBC we enable the work environment mostoptimalfor you to thrive in your role.Youllhave the flexibility to manage your work activities within a hybrid work arrangement whereyouspend 1-2 days per week on-site, while other days will be remote.

Howyoullsucceed

  • Strategic Leadership & Team Management - Lead and mentor your team in daily operations, ensuring timely renewals and compliance with vendors. Champion talent development by providing feedback and creating growth plans, while supporting leads in resolving compliance issues.

  • Analytical Insights & Process Optimization - Use SAM tools such as ServiceNow SAM Pro, SCCM, and advanced analyticsincluding AI capabilities like Copilot and CIBCs in-house tool CAIto optimize licensing and compliance initiatives. Evaluate entitlement gaps, consumption trends, and compliance exposure across multiple vendors, and identify opportunities for automation and cost savings.

  • Partnership & Vendor Relations - Build strong relationships with procurement, technology teams, product owners, vendor management, and finance. Represent SAM confidently during reviews and discussions, and act as a subject matter expert for major software publishers including IBM, Oracle, Microsoft, Broadcom, and OpenText. Support vendor audits and interpret licensing terms, contract entitlements, and consumption reports.

  • Licensing Governance & Operational Excellence - Oversee daily SAM activities such as entitlement validation, license reconciliation, software catalog accuracy, discovery reviews, configuration adjustments, and reporting. Maintain expertise in key licensing modelsperpetual, concurrent, subscription, PVU, core-based, cloud consumptionand provide guidance to technology and business partners.

  • Continuous Improvement & Values - Drive the ongoing enhancement of SAM governance, AI adoption, operational procedures, and audit workflows. Uphold CIBCs values of trust, teamwork, and accountability, and contribute to an inclusive, collaborative environment focused on risk reduction and operational excellence.

Who you are

  • You candemonstrate5+ years of experiencein software asset management, ITAM, and service management processes. You have hands-on experience with SAM tools such as ServiceNow SAM Pro and SCCM, and can interpret entitlements, licensing models, contracts, and consumption data. You have supported audits, renewals, and optimization activities in large enterprise environments. You excel in advanced Excel and modern AI tools like Copilot and/or CIBCs CAI, using analytics and automation to improve SAM accuracy, efficiency, and reporting. You enjoy investigating complex problems and making sense of information, communicating details clearly and meaningfully.

  • You have ability to manage multiple priorities. Ability to manage multiple concurrent objectives, projects, groups or activities. Effective judgment in prioritizing and time allocation.

  • You have decision making and critical thinking skill. You have knowledge of tools and techniques for effective use of a broad range of factors, assumptions, frameworks and perspectives when solving problems.

  • Yourea relationship builder.You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

  • You put our clients first.You engage withpurposeto findthe right solutions. You go the extramile, becauseit'sthe right thing to do.

  • Values matter to you.You bring your real self toworkand you live our values - trust, teamwork, and accountability.

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, 32nd Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Applications Development, Business Requirements, Compliance Programs, Compliance Tracking, Contract Agreements, Contract Management, Entitlement Management, Investigating, IT Asset Management (ITAM), IT Process Improvement, Operational Efficiency, Software Asset Management (SAM), Strategic Objectives, System Applications, Technical Leadership, Vendor 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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