Director, CIBC Global Asset Management

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 111,000 - 153,000; Full time

Job summary

A leading Canadian financial institution in Toronto is seeking a dedicated professional to improve operational excellence in asset management. The role includes optimizing fund operations, supporting strategic initiatives, and serving as a subject matter expert on operational efficiency. Candidates should hold an undergraduate degree and demonstrate strong project management skills. This full-time position offers a competitive salary and a commitment to professional development.

Benefits

Competitive salary

Incentive pay

Benefits program

Defined benefit pension plan

Employee share purchase plan

Wellbeing support

Social recognition program

Qualifications

• Strong experience with operational activities across asset classes.
• Knowledge of financial services regulations and client business practices.
• Proven project management skills to improve operational effectiveness.

Responsibilities

• Lead initiatives to optimize fund operations and enhance investment processes.
• Serve as a subject matter expert on operational efficiency and client onboarding.
• Support strategic plans for product launches and fund mergers.

Skills

Business Operations

Client Facing

Leadership

Mentoring Staff

Operations Management

Process Improvements

Strategic Initiative Management

Technical Knowledge

Education

Undergraduate degree in business, math, accounting or economics

Job description

Overview

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you’ll be doing

CIBC Global Asset Management is a leading North American investment firm, managing over $330 billion in assets with a bold, forward-thinking approach. We combine deep expertise with an innovative, client-centric mindset to deliver dynamic global investment solutions. Our platform serves institutional clients, private wealth, and retail investors, providing access to a diverse range of asset classes, industries, and global markets. We go beyond traditional investment strategies, uncovering new opportunities that enhance portfolio outcomes. With innovation at our core and a fiduciary commitment to our clients, we create tailored solutions that evolve with their needs—helping them navigate complexity and achieve their financial ambitions.

Reporting to the Managing Director, Operations, Valuation & Oversight, CIBC Asset Management, the incumbent is accountable for supporting the business operations (and operational excellence) of the asset management business on a day to day basis. This includes a number of teams and functions that support Mutual Funds, ETFs, Alternatives and institutional business of GAM and the internal investment management functions and activities within GAM. This role would support the implementation of significant business initiatives and process changes, which will often involve the integration and adoption of new technology and systems to establish optimal processes so that the asset management business operates efficiently and effectively.

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.

The expected annualized base salary range for this $111,060 to $152,710.

The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles.

In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program.

We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversation about compensation throughout the recruitment process.

How you’ll succeed

• Business Analysis - Provide support across fund operations, fund valuation and oversight to improve efficiency in these departments. Lead initiatives to optimize and automate processes, with a strong focus on error prevention, data integrity, and continuous improvement. Enhance investment fund operational processes, including account/product setup, counterparty onboarding, and trade lifecycle management, through process improvement, automation, and technology adoption. Lead the design and implementation of enterprise-wide operational frameworks, ensuring robust controls and proactive risk mitigation across the GAM business functions. Champion a culture of continuous improvement, promoting innovation, accountability, and operational excellence across teams.

• Collaboration - Serve as a subject matter expert on operational expense (Opex) management, continuously analyzing cost structures and implementing efficiencies to ensure the delivery of competitive, value-driven solutions for clients. Serve as a senior point of contact for institutional clients, consultants, and internal stakeholders regarding operational matters, onboarding, and service delivery. Identify and analyze emerging industry trends, regulatory changes, market developments, and evolving client needs to proactively inform operational strategy, drive innovation, and maintain competitive advantage for CIBC Asset Management. Collaborate with infrastructure and technology partners to identify and implement AI-driven solutions that deliver operational excellence and competitive advantage. Participate in adhoc projects to support the growth of the GAM business. Build and maintain collaborative relationships with external partners, and industry stakeholders to support strategic objectives. Serve as a senior advisor on complex operational and valuation challenges, supporting business growth and client needs.

• Support the design and execution of strategic plans for fund platform consolidation, product launches, fund mergers, and other key business initiatives, ensuring seamless coordination among internal and external stakeholders. Foster cross-functional collaboration with technology, back office operations, legal, governance & controls teams to ensure seamless execution of business initiatives, robust risk management, and alignment with organizational objectives. Assist in the oversight and continuous improvement of internal policies and procedures, ensuring alignment with business activities, regulatory requirements, and best practices. Oversee third-party service provider relationships, including custodians, fund administrators, middle/back office outsourcers, and fintech partners to support due diligence, contract negotiations, and ongoing performance reviews to ensure service quality, operational risk mitigation, and cost effectiveness.

Who you are

• You have an undersgraduate degree in business, math, accounting or economics

• You can demonstrate your experience. Broad and deep knowledge of investment management practices, processes, operational activities and systems across asset classes. Knowledge of financial services regulatory environment, client business practices and requirements, accounting principles, risk management principles and practices, sufficient to interpret and apply issues and developments to the benefit of CIBC. Experience in strategic planning and project management to improve operational effectiveness. Well-developed ability to prepare effective communications.

• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.Excellent organizational, strategic planning, and project management skills. A strong ability to develop practical process improvements involving multiple contributors. A strong sense of responsibility and reliability.Thorough and results oriented.

• 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. Well-developed interpersonal skills to align a wide range of groups to a common goal despite competing priorities and resources.

• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making Demonstrated structured problem-solving, reasoning skills and excellent analytical skills with a strong attention to detail. Ability to understand/explain/resolve complex issues, foresee and overcome potential bottlenecks.

• 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 creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail]

• 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-161 Bay St., 22nd

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Operations, Client Facing, Leadership, Mentoring Staff, Operations Management, People Management, Process Improvements, Strategic Initiative Management, Technical Knowledge