Director, Corporate Cash Management

CIBC; Toronto; On-site; CAD 180,000 - 240,000; Full time

Benefits offered by this job

Competitive compensation

Defined benefit pension plan

Employee share purchase plan

Wellbeing support

MomentMakers recognition program

Job summary

CIBC in Toronto is seeking a Director of Corporate Cash Management to lead treasury relationships with large corporate clients and deliver sophisticated cash management solutions that optimize working capital. You will build strategic partnerships, negotiate pricing, and guide implementation of treasury services to drive portfolio growth.

You will leverage deep knowledge of cash management, finance concepts, and client engagement to expand wallet share while mentoring teammates and aligning with

Qualifications

• 5+ years’ experience in treasury relationship management within large organizations.
• Degree in Business, Finance, Accounting, Marketing; commitment to achieving CTP within 24 months.
• Master’s degree or additional professional designation is an asset.

Responsibilities

• Develop and maintain relationships with corporate clients to deliver cash management solutions.
• Grow portfolio following established guidelines, negotiate pricing agreements.
• Propose and implement profitable cash management solutions for treasury-intensive clients.
• Collaborate with team to deliver client banking experience and best practices.

Skills

Treasury relationship management

Business development

Client engagement

Leadership

Education

Bachelor's degree in Business/Finance/Accounting/Marketing

CTP designation (or pursuing)

Master's degree or professional designation (asset)

Tools

Microsoft Office Suite

Job description

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

As the Director, Corporate Cash Management, you’ll work within the Corporate Cash Management team to champion CIBC’s vision of being “The Leader in Client Relationships”. You’ll develop strong relationships with our corporate clients by delivering superior cash management solutions that simplify and enhance working capital management. You will be responsible for developing new relationships, for the growth of the portfolio based on established guidelines, negotiating pricing agreements with clients, finding and implementing profitable cash management solutions for complex, treasury intensive clients.

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.

How you’ll succeed

• Relationship Building – Maintain ownership of relationships, initiatives and client banking experience. Demonstrate CIBC values in engaging with clients and communities we serve. Make an impact in your community, and show clients they’re appreciated by engaging in marketing and outreach activities. Develop new client relationships through your business development activities leveraging referral sources, existing clients, and centers of influence.
• Clients Engagement – Proactively assess your clients’ needs and propose solutions to meet those needs. Good understanding of business and financial concepts to effectively articulate the cash management value proposition, as it relates to the impact on financial statements. Provide continued partnership and support to your clients through understanding their goals and objectives. Increase wallet share with clients with a focus on revenue growth.
• Strategic Planning – Participate in the preparation of annual strategic plans to develop and service existing and potential clients by participating and assisting in the development and implementation of departmental strategies and objectives.
• Product Proposals – Develop proposals utilizing CIBC products, services to meet clients’ cash management needs and maintain oversight of the implementation of these solutions.
• Collaboration – Collaborate with your team to connect with clients on opportunities. Provide treasury best practices and cash management solutions to meet your clients’ needs.

Who you are

• You can demonstrate experience. In the financial industry with a focus in large corporate banking experience. You have 5+ years’ experience in treasury relationship management within larger organizations.You are proficient in Microsoft Office Suite, particularly Word, Excel and PowerPoint.
• You have a degree. In Business, Finance, Accounting, Marketing and/or related field. Have obtained or is committed to achieving your CTP designation within 24 months. A Master’s degree or additional professional designation would be an asset.
• You’re motivated to succeed. You are motivated by accomplishing your goals and delivering your best to make a difference.
• You’re passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
• You know that details matter. You have the ability to work in a fast-paced, results oriented environment centered around clients and with keen attention to detail.
• 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-141 Bay, 11th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Advisory Services, Business Banking, Business Consultations, Cash Management, Client Service, Credit Services, Financial Modeling, Leadership, People Management, Portfolio Management