Product Manager, Deposit Specialist - 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

What You'll Be Doing

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

Client Service
Provide support to region's Wood Gundy Investment Advisors and Private Banking teams to accelerate the bank's deposit gathering efforts. Assist advisors in determining client/prospect needs and objectives; designing specific solutions to meet those needs, presents the solutions in a compelling way to win / retain balances and relationships.

Operational Excellence

Initiate deposit sales through larger scale projects/initiatives; collaborate with appropriate Bank partners to assist with the acquisition of deposits. Evaluate, negotiate, and approve exception pricing requests within assigned authorities balancing the goal of maximizing net interest income and overall client relationship profitability while growing deposit base. Monitor and communicate regional competitive trends to regional partners and the Bank's Deposit Products team.

Relationship building

In partnership with the deposit team, support the Director Wealth Solutions and the Sr. Manager, Wealth Solutions with the implementation of short and long term strategies to meet deposit growth and revenue targets. Assist with the development and education of the advisors teams on all matters related to deposits, including sales strategies, industry trends, etc. Become the knowledge expert in all facets of deposits, pricing, valuation, and the many options/ solutions available to our Wealth clients.

Who You Are

You can demonstrate experience and general knowledge of liquidity/deposits products, Treasury and Shortterm investment options for nonpersonal and personal clients. You have proven robust quantitative and qualitative analytical skills with an ability to present findings in concise verbal and written presentations.
You embrace and advocate for change. You are a strategic thinker and problem solver with the ability and initiative to directly and indirectly drive sales.
You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making and you have the ability to multitask in a fastpaced environment.
Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise and have experience in relationship management.
You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results. You have a sales discipline with evidence of past success.
You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends and are proficient with Microsoft Office suite of products.
Values matter to you. You bring your real self to work and you live our values trust, teamwork and accountability.

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 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

Toronto-81 Bay, 12th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills:

Communication, Investments, Product Development, Project Management, Strategic Objectives, Strategy Development, Taking Initiative, Teamwork, Wealth Management