Consultant, Commercial Banking Applications

CIBC•Toronto, ON

2d•Hybrid

About The Position

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. As the Consultant, Commercial Banking Applications, you will play a pivotal role in supporting and managing a portfolio of business-critical applications used by Commercial Banking and Operations teams mainly for lending, pricing, billing, reporting and related activities. This is a business-focused role, requiring a deep understanding of Commercial Banking and the ability to translate business needs into effective application solutions. In this role you will act as a trusted advisor to business stakeholders, leveraging subject matter expertise to identify opportunities for application improvements that enhance operational efficiency, ensure compliance, and deliver superior user experience. You will also lead the implementation of business-driven changes, ensuring alignment with CIBC’s standards, policies, and regulatory requirements. 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.

Requirements

Degree/diploma in Business, and/or a related field
At least 3 years in a business role leading projects
Experience with Commercial Banking’s products and services, structure and operations
Proficient in defining business requirements and resolving organizational challenges using appropriate tools and methods
Strong project management skills, including project plan development, budgeting and scheduling
Proficient with Microsoft Office tools, such as PowerPoint, Excel and Word
Advanced Microsoft Excel skills
Legally eligible to work at the location(s) specified
Where applicable, must have a valid work or study permit

Nice To Haves

Experience with Agile methodologies
Technology implementation
Solid understanding of financial product concepts and calculations (e.g. loan amortization, accrued income, expected income, yields)

Responsibilities

Lead projects to implement application changes, prepare project communication and presentation materials, collaborate with stakeholders to develop and execute testing scenarios as well as support investigations and the resolution of issues found during testing.
Support risk management and cost optimization initiatives for key applications, ensuring robust controls, successful audits, and ongoing monitoring.
Work with Technology and business partners to gather and interpret complex business requirements.
Work with Technology partners to resolve issues raised by business stakeholders.
Manage backlogs, control user access, prepare reports, monitor shared mailboxes, and address inquiries for key Commercial Banking applications.
Contribute to project planning, budgeting, and scheduling within the team.
Use independent judgment and provide clear guidance to project teams, drawing on a comprehensive understanding of Commercial Banking.

Benefits

Competitive salary
Incentive pay
Banking benefits
Benefits program
Defined benefit pension plan
Employee share purchase plan
Vacation offering
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development