Md & Head, Canadian Corporate Cash Management - Toronto, Canada - CIBC

CIBC

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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

Job Description:

What you'll be doing

Reporting to the Managing Director and Head, Global Transaction Banking ("Head of GTB"), the Head of Canadian Cash Management has responsibility for sales of deposit and cash management products to Corporates across the enterprise's Canadian platform.

The Head of Canadian Cash Management maintains oversight of the regional teams across Eastern, Central and Western Canada.

The Canadian Cash Management business includes:

Operational CAD, USD and FCY accounts
Investment CAD and USD accounts including Sustainability Deposit Accounts (SDA), and Sustainability-Linked Deposit Accounts (SLDA)
Operational cash management products and services including payables, receivables, fraud mitigation and treasury information reporting

The entire suite of products and services from Canadian Cash Management are available to Global Corporate Banking clients that require Canada domiciled bank accounts and services.

Canadian Cash Management partners with relevant internal partners for set up and delivery of these solutions including but not restricted to Business Client Centre ("BCC"), Client Sales Support ("CSS") and Client Solutions Team ("CST").

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of onsite and remote work) will be discussed at the time of your interview._

How you'll succeed

The Head of Canadian Cash Management's main responsibility is to lead the Canadian Corporate Cash Management team and its portfolio of deposit and cash management solutions across CIBC's network, including the commercialization of new products.

Other responsibilities include but are not limited to the following;- Oversee sales activity and portfolio growth for Canadian Cash Management- Oversee and administer national team in coordination with regional team leads including hiring and staffing requirements to support business growth- Present to leadership across Capital Markets on Canadian Cash Management performance, strategy, and market updates- Daily review of P&L and transactions- Maintain visibility to large deposit movements of $25MM or more- Meet with clients on an annual basis at minimum as required to review client's holdings and evaluate future opportunities- Advance Purpose-driven culture and deliver on our client commitments through every decision and action by role modelling our brand through every interaction- Evolve commitments to sustainability and ESG and build an inclusive, diverse and talented team- Promote and invest in the management and development of talent for current, as well as for future needs; sees the unique potential in others, and cultivates it- Participate in the preparation of annual strategic plans with all team members to develop and service existing and potential clients by participating and assisting in the development and implementation of departmental strategies and objectives.- Demonstrate CIBC values in engaging with clients and communities we serve.- Ensure Salesforce is always maintained in a status in all aspects.- Participate/ lead various projects and initiatives as directed by senior leadership.

Who you are- Develop proposals utilizing CIBC products, services to meet clients' cash management needs and maintain oversight of the implementation of these solutions.- Increase wallet share with clients with a focus on revenue growth.- Maintain ownership of relationships, initiatives, and client banking experience.

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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

What you need to knowYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

Job Location

Toront