Vice-President, Enterprise Strategy

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

The Vice-President, Enterprise Strategy is accountable for identifying opportunities that will optimize the diverse businesses within the CIBC Group of Companies, to drive consistent and sustainable earnings growth, improve client experience, and ensure top tier shareholder returns. In partnership with senior business and functional group leaders across CIBC, the role is focused on defining and implementing integrated, interdisciplinary, cross-business strategies by:

• Identifying strategic opportunities to maximize benefit to existing clients by expanding our share of wallet across the full breadth of CIBC’s product offerings;

• Identifying opportunities with new clients, new regions or new products that will contribute to CIBC’s strategy; and

• Contributing to the strategic direction of CIBC through the assessment and execution of inorganic opportunities.

The Vice-President is also accountable for driving the formulation of CIBC’s overall growth strategy and the enhancing CIBC’s strategic planning processes. This includes providing strategic insight, recommendations and effective challenge to our Canadian Banking business leadership, which includes Personal Banking, Business Banking, Commercial Banking and Wealth Management.

As an organizational leader, this role champions:

CIBC employee experience principles:

• Always professional… so our team members can excel and be their best professional self.

• Radically simple… so our team members can focus on what they need to do and make an impact.

• Genuinely caring… so our team members can feel valued for who they are and what they contribute.

CIBC leadership capabilities:

• Envisions the future…to innovate purposefully to create new value and harness new capabilities in order to meet the evolving needs of our diverse stakeholders.

• Inspires hearts and minds…to build an inclusive culture where we make bold choices, collaborate, and empower others to take chances and do what’s right for our stakeholders.

• Drives action and impact, together…to align with urgency around what matters, making decisions with speed and always making a real difference.

What You’ll be Doing

Partner with the CEO and the Executive Committee in setting CIBC’s strategic direction through the development of short and long-term strategy and business plans, including:

• Developing the strategic direction and plan for CIBC in alignment with CIBC’s overall strategic priorities and goals;

• Actively participating in executive, business and functional team leadership management meetings to provide strategic perspective and provide effective challenge, as required;

• Reviewing business and functional group strategies for alignment with CIBC’s overall strategic direction and stakeholder expectations;

• Delivering strategic plans to CIBC’s Executive Committee and Board of Directors for information and/or approval;

• Managing the communication of CIBC’s strategy to team members at all levels of the organization and other stakeholders, as required;

• Closely partnering with the Corporate Development team and other stakeholders across CIBC to identify and execute inorganic initiatives, including acquisitions, divestitures, mergers, strategic investments and partnerships;

• Developing detailed financial and strategic analysis, in partnership with the Finance team, to comprehensively evaluate opportunities;

• Monitoring progress against stated strategies and providing guidance to re-align or re-focus efforts as appropriate;

• Providing oversight of transformational growth and efficiency initiatives; and

• Escalating any issues that may affect strategy execution or that may require a change to strategy.

Establish and maintain a network of strategic relationships (e.g., CIBC key stakeholders, financial sector business leaders, government agencies, investors) in order to:

• Gather market and competitive intelligence and trends to translate client and general population demographics into business implications;

• Keep abreast of changes in the external market in an effort to protect CIBC brand and market positioning within the financial services industry;

• Monitor competitor activities, market conditions and identify product and market opportunities to maximize benefits;

• Understand competitors’ strategies, marketing, products and service offerings in order to increase market competitiveness and profile CIBC positively within the broader business community; and

• Assess market and business opportunities and recommend business initiatives and priorities for leveraging synergies that will lead to growth and profitability.

What We’re Looking For

• Innovative and conceptual thinker with advanced analytical interpretation and problem solving abilities and strong ability to develop compelling vision to support strategic objectives.

• Excellent relationship building and influencing skills to obtain the support of executive-level management, elicit co-operation and consensus from executive level leaders within and outside the organization.

• Superior leadership and people management skills to effectively drive results through others and develop high performing teams.

• Advanced presentation/interactive skills sufficient to convey complex conceptual information/ideas on issues involving extensive interpretation and opinion.

• Ability to see the ‘big picture’ in order to articulate it to direct reports and their employees to set context for their work, to be comfortable with complexity, and to maintain involvement with the ‘hands-on’ environment.

• Exceptional problem solving skills to creatively develop unique approaches and solutions that are necessary to address complex problems.

• Ability to work effectively with a wide range of stakeholders both internally and externally to drive transformational change initiatives.

• Extensive knowledge of the Financial Services industry with a solid experience as a senior and strategic leader within a large organization.

• Detailed planning and execution discipline, including ability to create detailed business plans for new initiatives, execute and monitor progress.

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 Mailbox.careers-carrieres@cibc.com

• 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, French proficiency, 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

Toronto-81 Bay, 9th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Corporate Strategy Development