Executive Director, Technology Strategy - Business Effectiveness

CIBC; Toronto; On-site; CAD 180,000 - 260,000; Full time

Benefits offered by this job

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition

Job summary

CIBC is seeking an Executive Director, Technology Strategy - Business Effectiveness to drive alignment between business needs and technology capabilities in GCIB. You will shape strategic plans, partner with stakeholders, and lead transformation initiatives to enable growth and efficiency.

This on-site, full-time role requires deep banking tech expertise and executive-level collaboration. The role emphasizes governance, data models, and cross-functional leadership across product, transformation,

Qualifications

• 12+ years of progressive experience in corporate & investment banking, with focus on product strategy, transformation, or innovation.
• Strong leadership and team development experience.

Responsibilities

• Partner with business leaders to identify strategic technology priorities and develop a comprehensive technology roadmap.
• Lead large-scale transformation programs including digitalization and operating model redesign to enhance product offerings.

Skills

Strategic technology

Stakeholder management

Leadership

Data governance

Education

Bachelor’s degree in Business/Finance/Economics/Data Science

MBA or equivalent advanced degree

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

We are seeking a highly skilled technologist with deep understanding of the corporate and investment banking business. As the Executive Director, Technology Strategy - Business Effectiveness, the primary objective is to support the growth of the business by ensuring our technology systems and processes are fit for purpose, scalable, and aligned with business needs. You will collaborate closely with business stakeholders and partner with technology to develop and execute a technology roadmap that bridges business requirements with technological capabilities. You will help to execute Global Corporate and Investment Banking’s (‘GCIB’) strategy, aligning technology initiatives to enable GCIB to achieve its mandate, goals, and objectives. You will set strategic plans that align with GCIB’s overall vision.

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

• Strategic Technology & Innovation - Partner with business leaders in corporate and investment banking to identify strategic technology priorities and requirements. Partner with technology to develop and maintain a comprehensive technology roadmap aligned to business growth objectives. Champion AI efforts and business adoption. Translate business needs into actionable technology solutions, ensuring timely and effective delivery. Partner with technology to lead or support initiatives to modernize platforms, integrate new technologies, and optimize workflows. Monitor industry trends and emerging technologies relevant to corporate and investment banking. Ensure technology solutions meet regulatory, risk, and security standards. Assess existing systems and processes, recommending enhancements to drive efficiency, scalability, and compliance.
• Product Strategy, Transformation & Data Management - Develop and execute a comprehensive product strategy for GCIB, ensuring alignment with global business objectives, regulatory requirements, and evolving market trends. Lead large-scale transformation programs, including digitalization, process re-engineering, and operating model redesign to enhance product offerings and client experience. Oversee the design, implementation, and governance of data models and taxonomies to support product management, reporting, analytics, and regulatory compliance. Benchmark and incorporate best practices in product strategy, transformation, and data management from leading global banks. Drive market intelligence, including competitor analysis, customer insights, and regulatory developments, to inform product and transformation strategy. Ensure robust product lifecycle management from ideation through to launch and post-launch optimization, with a focus on data integrity and risk management.
• Leadership, Relationship Management & Collaboration - Build effective relationships with internal stakeholders to successfully execute initiatives and bring new clients and capabilities to market. You’ll communicate complex concepts clearly and elegantly, collaborating closely with business partners to understand their challenges by asking insightful questions and gathering necessary information. Collaborate with senior leaders across business lines, technology, risk, operations, and data teams to deliver integrated and scalable product solutions. Foster a culture of innovation, data-driven decision making, and continuous improvement within the team. Manage, mentor, and develop a high-performing team of product strategists, transformation leaders, and data specialists. Present strategic recommendations, business cases, and transformation progress updates to executive management and relevant governance committees.

Who You Are

• You can demonstrate experience. 12+ years of progressive experience in corporate & investment banking, with a focus on product strategy, transformation, or innovation. Demonstrated success in leading large-scale transformation and change management initiatives, including data-driven projects, within a global financial institution. Proven ability to benchmark and implement best practices from leading global banks. Experience managing and developing high-performing teams, including product, transformation, and data professionals.
• You can demonstrate knowledge. Deep expertise in data modeling, taxonomy development, and data governance as applied to banking products and services. Strong knowledge of global banking products, regulatory landscape, and emerging market and technology trends.
• You have a degree. Bachelor’s degree in Business, Finance, Economics, Data Science, or a related field; MBA or equivalent advanced degree preferred.
• You are a caring and accountable leader. You have experience developing and implementing strategic team goals. You have experience coaching employees and inspiring successful team performance.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way. You have strong analytical, problem-solving, and communication skills, with a track record of data-driven decision making.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise. You have strong leadership, stakeholder management, and influencing skills at the executive level.
• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
• 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.
• You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
• 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]
• 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, 14th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Effectiveness, Business Growth, Business Objectives, Capital Markets, Communication, Customer Experience (CX), Detail-Oriented, Leadership, People Management