Director, Business Unit Strategy
Chicago, IL - USA
Job Summary
Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
STRATEGIC BUSINESS UNIT DESCRIPTION:
US Technology Infrastructure & Innovation (TI&I) spans the areas of Operations Technology Chief Security Office Data Management Office Procurement Corporate Real Estate and Governance & Oversight.
US TI&I enables the continuous transformation of our Bank by accelerating the shift to digital strengthening operational resilience simplifying what we do improving CIBCs speed to market and protecting our Banks assets.
The teams work to maximize the investment in resources and technology while building an appropriate balance between high-touch client service and our fiduciary responsibility to protect CIBC our clients and our shareholders from undue risk.
JOB PURPOSE:
As part of the US TI&I Business Management Office team this role is responsible for collaborating with senior leaders to shape and drive the overarching strategy of the US TI&I organization. This individual will also collaborate with senior leaders to develop underlying departmental strategies that support the overall US TI&I strategy and will lead various initiatives that support the execution of our strategy
This leadership role also manages team members responsible for the creation of Executive and Board of Directors presentations owning our communications strategy and execution and facilitating employee engagement initiatives for US TI&I.
KEY ACCOUNTABILITIES
Strategic Planning and Development:
- Develop and articulate the organizations strategy in alignment with overall business objectives.
- Identify emerging trends and assess their potential impact on the organizations strategic direction.
Leadership and Collaboration:
- Lead cross-functional teams to define and execute strategic initiatives.
- Foster a collaborative environment with stakeholders across business units functional groups Parent Bank and external partners to ensure cohesive strategy implementation.
Performance Measurement:
- Establish and maintain metrics and key performance indicators to measure the effectiveness of initiatives and strategy execution.
- Regularly report on progress outcomes and adjustments to strategy as necessary.
Stakeholder Engagement:
- Act as a key advisor to senior management on US TI&I strategy and initiatives.
- Collaborate with US and Canadian business partners to ensure US TI&I strategic concepts are appropriately reflected in Line of Business and Functional Group strategies.
Executive Presentations:
- Oversee and facilitate the creation of presentation materials for both Executive Management and Board of Directors
- Ensure messaging is consistent across teams and is in alignment with strategies
Communications and Employee Engagement
- Oversee the creation and execution of the US TI&I employee communications plan
- Lead employee engagement activities for US TI&I
KNOWLEDGE AND SKILLS
- Bachelors degree in business administration finance information technology or an equal combination of education in a related field and industry experience.
- Minimum of 10 years of experience in strategy consulting corporate planning or a related field.
- Proven experience in leading technology and operations strategy initiatives and projects.
- In-depth knowledge of emerging technologies trends and their business applications.
- Strong financial acumen and experience managing budgets.
- Driven by success with established business judgement.
- Proactive well-organized and results-oriented.
- Self-starter with a proven ability to manage multiple priorities and to work independently.
- Highly motivated perseverant and resilient in pursuing objectives despite challenges.
- Strong verbal and written communication presentation skills sufficient to clearly articulate complex conceptual information and ideas to senior leadership.
- Strong interpersonal and team skills and are comfortable working in flexible and collaborative environment.
- Strong analytical skills; ability to apply logical solutions to business problems.
- Embrace and champion change to deliver optimal results.
- Proficient in Microsoft Office tools including PowerPoint Excel Word Teams and SharePoint
WORKING CONDITIONS
This role operates within a hybrid work environment with a mix of in office and remote work
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $185000.00 - $205000.00 for the Chicago market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees needs; including Medical Dental Vision Health Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave Parental Leave and Vacation) Holidaysand 401(k) in addition to other special perks reserved for our team members.
This position does not offer visa sponsorship.
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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* 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
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 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
IL-70 W Madison St 9th FlEmployment Type
RegularWeekly Hours
40Skills
Business Objectives Business Planning Client Counseling Decision Making Executive Communications Judgement Key Performance Indicators (KPI) Leadership Microsoft Applications People Management PowerPoint Development PowerPoint Presentations Prioritization Strategic Direction Strategic Initiative Strategic Planning Initiatives Taking Initiative TeamworkRequired Experience:
Director