What you'll be doing As a member of CIBC’s team, the Senior Product Consultant, Insurance Risk is a seasoned subject matter expert responsible for providing specialized advice and risk expertise to leadership teams in support of insurance regulatory implementation, remediation, controls, and client experience. Reporting to the Director, Insurance Risk, this role provides oversight of insurance-related processes across all channels and brands to support regulatory adherence, strengthen risk management practices, and enhance client outcomes. The Senior Product Consultant leads and manages moderately to highly complex initiatives to enhance, remediate, or upgrade new and existing processes, products, and services. The role exercises considerable judgment in addressing complex issues, conducting analysis, assessing impacts and risks, and developing proposals, recommendations, and execution plans. Acting as a key advisor to internal and external stakeholders on complex insurance regulatory and remediation matters, the role evaluates situations and data across multiple factors, often where there is limited precedent. The role is accountable for preparing and presenting progress updates, key risks, issues, and recommendations to business partners and executive stakeholders, while advancing practical solutions aligned with policy, regulatory, and business objectives. The Senior Product Consultant champions CIBC’s values and delivers support consistent with high standards of quality, compliance, and client focus. 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 - Strategic business leader - Act as a specialized business operations owner, business consultant, liaison, influencer, and implementer on various initiatives. Liaise with and leverage partners on projects & initiatives including the development and negotiation of appropriate operational solutions, developing business requirements, designing processes, implementing and maintaining/continually improving operational effectiveness. Initiatives include but are not limited to product & service process/procedures development and support (including back office), service level agreements, workforce planning. - Strategic advisor - Share strategies and tactics; ensure their understanding of business objectives, upcoming changes and address systemic operational issues. Implement resulting action plans as appropriate. Document and train on key areas of operational change to the frontline. Manage escalations from the frontline in operational areas. Host key focus groups of employees focused on improving operational effectiveness. Identify deficiencies to develop and implement enhancements/improvements and review for client service and cost improvements on a regular basis. Provide reporting and analytics including managing reporting on frontline mortgage operations. - Relationship & partner management - Develop and maintain productive relationships with designated business owners and lines of business peers, including but not limited to Process Solutions, Frontline Operations & Support, Retail Operations, and Technology. Work with Mobile Advice leadership and the frontline to determine needs and provide appropriate support. Develop and manage relationships with management/senior management (including business leaders). - Stakeholder management - Build and maintain strong relationships with internal and external stakeholders, ensuring alignment on strategic priorities and fostering collaboration to achieve business objectives. Act as a trusted advisor, effectively communicating insights, managing expectations, and driving consensus across cross-functional teams and senior leadership. Who you are - You can demonstrate of 5 to 7 years of work experiencein financial services with an understanding of channels, process, products technology & operations, back office, and business controls. You have well-developed project management and strategic business-planning skills with the ability to develop plans/tactics to support strategies & objectives. - You can demonstrate 5 to 7 years of work experienceand proven track record in developing and implementing multi-year strategic plans and driving complex business initiatives, ideally within financial services or a related industry. - You can demonstrate 2 to 5 years of work experiencebuilding consensus and influencing, leading cross-functional teams, and managing senior stakeholder relationships to achieve strategic objectives. - Your influence makes an impact.You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard. - You understand that success is in the details. You notice things that others don’t. Your critical thinking skills help to inform decision making. Understands complex issues and concepts related to new and evolving business needs, can get up to speed quickly with regard to new subject matters and is able to deal with changing circumstances. - You are a problem solver. You can demonstrate strong problem solving and decision-making skills: able to analyze situations, develop and implement solutions, often within narrow time frames and often working with a wide variety of others. - You embrace and champion change.Youll continuously evolve your thinking and the way you work in order to deliver your best. Well-developed communication and interactive skills to convey factual and conceptual information on issues requiring detailed explanation/interpretation and communicate effectively at all levels in the organization. Ability to establish productive relationships between various leaders, departments and partners across all business groups in the organization. - 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 What you need to know - CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. - You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. - We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency). - We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us. Job Location Toronto-81 Bay, 24th Floor Employment Type Regular Weekly Hours 37.5 Skills Accountability, Analytical Thinking, Business Effectiveness, Client Service, Communication, Credit Insurance, Data Analysis, Decision Making, Detail-Oriented, Insurance, Process Improvements, Product Management, Professional Presentation, Project Management, Relationship Management, Risk Management, Stakeholder Management, Teamwork