Senior Product Manager, Managed Solutions, Product Development & Management

CIBC•Toronto, ON

2d•CA$92,490 - CA$127,200•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 Senior Product Manager, Managed Solutions, you will report to the Director, Product Development and Management, Managed Solutions. You will be an integral member of the Product Development and Management team, supporting product innovation, development, shelf management, and strategic priorities for our Managed Solutions offering. This includes developing and implementing new product initiatives, managing product enhancements, and advancing other key business initiatives across CIBC Asset Management’s product platforms. You will be responsible for managing the product lineup, considering sales and client feedback, market data, and the broader competitive landscape. You will play a key role in the product development and management strategy, collaborating with teams across the organization — including sales, marketing, portfolio management, and operations. You will provide analytical support and leverage a thorough understanding of products, pricing plans, client segments, and competitive market behaviour to develop and recommend plans and tactics that optimize the product mix, enhance client experience, and help clients achieve their ambitions. You will exercise sound judgement in decision-making on complex issues, contributing to product planning, development, management, and performance to meet the needs of CIBC clients efficiently and competitively. 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

Demonstrate strong knowledge and experience in product design, management, strategic planning, and project management sufficient to identify, develop, and implement approved initiatives (experience preferably in financial services).
Experience in business planning, business model development and pricing best-practices.
In-depth knowledge of mutual fund products and possess strategic planning skills to establish and co-ordinate complex assignments and projects.
3-5 years of investment product development.
Proficiency in MS office suite (Excel, Word, PowerPoint).
Expertise with Morningstar Direct.
Detailed knowledge of the financial services industry, with a preference for asset management experience.
Strong understanding of investment and mutual fund products, as well as regulatory environment.
Experience in product development, product management, and project management.
Leadership skills sufficient to achieve results within a matrix management environment involving specialists with diverse skills, knowledge and orientations.
Extensive financial and investment modeling capabilities.
University degree in Business or Finance.
Strong analytical skills – CFA candidate or charter holder preferred.
Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

Nice To Haves

Other industry accreditations an asset (e.g. CSC CFP, IFIC).

Responsibilities

Lead the development and management of the CIBC Asset Management Managed Solutions product offer.
Serve as the key lead in designing and implementing new products or enhancements initiatives.
Develop business cases and recommendations.
Collaborate with the marketing team on product development content, positioning and competitive analysis.
Maintain deep knowledge of the product offering across platforms, channels and product features.
Deliver the implementation of enhancements to the CIBC Asset Management Managed Solutions product offer.
Analyze business needs and objectives and participate in the development and implementation of strategic product plans, including on-going operational management and support.
Manage key stakeholders such as legal, tax, business management, and risk.
Assemble and managing a project team composed of internal and external representatives to implement new products or services.
Provide on-going management in the delivery of a product or service while ensuring that the activities are consistent with CIBC's values, the product group or business plans and coordinated with the activities of other related areas.
Maintain comprehensive competitive information on market penetration, product capabilities and initiatives.
Work with internal and external teams to communicate product information and key positioning by providing on-going, high quality support related to the product or services.
Understand and interpret complex information, identify patterns and trends in new or strategic areas, and develop recommendations, often with minimal direction in order to respond to urgent business priorities.
Demonstrate well-developed management and leadership skills sufficient to achieve results within a matrix organization, including the ability to bring about change at a senior level.
Meet business objectives by managing relationships and working effectively with internal and external partners including marketing and other lines of business, partners and vendors.