Director, Product Management

CIBC; Toronto; On-site; CAD 120,000 - 150,000; Full time

Job summary

CIBC is seeking a Director of Product Management to lead the strategy for their Aventura Consumer Credit Card portfolio. The role involves developing strategic plans, managing product development activities, and promoting client relationships. Ideal candidates should possess strong leadership skills and have extensive experience in product management within the banking sector.

Benefits

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Wellbeing support

Qualifications

• Experience in strategic product development and management.
• Strong leadership abilities and a track record in product marketing.
• Ability to analyze market trends and competitive landscape.

Responsibilities

• Lead the strategy and daily management of the Aventura Consumer Credit Card portfolio.
• Develop multi-year strategic plans and assess product positioning.
• Oversee daily product management activities and manage team development.

Skills

Leadership

Product Management

Business Planning

Relationship Building

Project Management

Pricing Strategies

Group Problem Solving

Product Marketing

Job description

Join to apply for the Director, Product Management role at CIBC

Join to apply for the Director, Product Management role at CIBC

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

Reporting to the Sr. Director, Consumer Card Products, this role will lead the strategy and day to day product management for CIBC’s Aventura Consumer Credit Card portfolio. The Director, Aventura will promote the growth of CIBC’s Aventura portfolio through product development and enhancements as well as work with key stakeholders and partners to grow and retain client relationships.

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

• Strategic Planning - Develop multi-year strategic plans and business cases for Aventura Consumer Card Products. Provide guidance on business plans/initiatives/marketing programs, to drive sales effectiveness, operational efficiency and strategic congruence. Accountable for financial results of the Aventura Consumer Cards Portfolio management and ongoing analysis of trends and the competitive landscape. Provide input into product positioning and pricing strategy for products/services to ensure alignment of strategic objectives. Assess long-term viability of features and benefits, building opportunities to maintain or improve CIBC’s competitive position.
• Product Management and Development - Manage and provide oversight for daily product management activities. Monitor market environment (consumer, technology, competition and government/regulatory agencies) to understand the impact on change as it relates to product/features.
• People Management - Provide for the professional development of team members, provide motivation, coaching, training and development opportunities. Provide regular formal and informal feedback to ensure performance appraisals and the identification of development needs are fair, accurate and effectively communicated. Champion CIBC values and provide support in a manner consistent with the highest quality standards and CIBC objectives. Assist in promoting an environment that encourages collaboration, initiative, continuous improvement, learning and the generation of new ideas and solutions. As a manager of people, this job must ensure all employees within the business unit comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
  
  

Who You Are

• 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 give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
• You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.
• Values matter to you. You bring your real self to work and 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
  
  

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]
• 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 tests (such as simulation, coding, French proficiency, MS Office). 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, 25th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Cases, Business Planning, Group Problem Solving, Leadership, Pricing Strategies, Product Management, Product Marketing, Project Management, Relationship Building

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Product Management and Marketing

• Industries

  Banking

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