Senior Product Manager - Deposits

Canadian Imperial Bank of Commerce•Chicago, IL

1d•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 a member of CIBC’s team, the Senior Product Manager is responsible for developing tactical plans of our deposit product suite for management approval, and to assume responsibility for execution of the approved plans. The role applies advanced concepts to develop, recommend and implement annual business plans, manage day-to-day product activities, support internal and external partner and stakeholder management, and support the development and implementation of new product concepts and features to continue growth and product relevance to clients. The Senior Product Manager uses independent judgement to determine methods and approaches to work, collaborating with the business to engage resources and support initiatives and ensure that the lifetime value of the client is maximized. In addition, the role supports new business development activities including initial concept development, market assessment, business case development and implementation to support CIBC’s enhanced client experience objectives while following good governance and risk management principles.

Requirements

Demonstrate experience in the financial industries (5-7+ years)
Analytical Thinking
Business Cases
Business Development
Business Planning
Market Research
Product Analysis
Product Development
Product Management

Nice To Haves

Strong understanding of financial, client and operational data with ability to interpret complex information, identify patterns and trends.
Well-developed management and leadership skills sufficient to achieve results within a matrix organization, including the ability to influence at a senior level.
Ability to plan, prioritize and organize work effectively while managing competing priorities.
Strong communication skills including the ability to present (both written and verbal) complex, conceptual information in a clear and concise manner.
You're creative and results oriented.
You are innovative and adaptable, with excellent attention to detail.

Responsibilities

Support strategy by developing and executing against strategic priorities to drive product enhancements & development, sales by executing against offers / campaigns, and engagement by improving client communication & experience.
Lead key initiatives end-to-end from (i) idea generation / conceptualizing (ii) solution / capability design (iii) assess financial impacts / business case (iv) lead development & build with partners (v) implement
Analyze and assess key business drivers, derive key insights, develop recommendations and implement changes.
Stay abreast of and demonstrate strong understanding of industry and competitive positioning and developments in Canada.
Evaluate competitive best practices to formulate new ideas and execute to remain competitive.
Develop strong relationships with and successfully partner with key stakeholders across the bank (Digital, Marketing, Analytics, Finance, Technology, distribution partners, etc.)
Develop and deliver senior-level communications in Insurance and across the bank