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Technology Strategy Analyst II
- CIBC (Chicago, IL)
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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 (https://www.cibc.com/en/about-cibc.html)
US Technology, Infrastructure & Innovation (US TI&I) enables the continuous transformation of our Bank by accelerating the shift to digital, strengthening operational resilience, simplifying what we do, improving CIBC's speed to market and protecting our Bank's 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.
KEY ACCOUNTABILITIES
+ Strategic Planning and Development: - Develop and articulate the organization's technology strategy in alignment with overall business objectives. - Identify emerging technology trends and assess their potential impact on the organization's strategic direction.
+ Leadership and Collaboration: - Lead cross-functional teams to define and execute strategic technology initiatives. - Foster a collaborative environment with stakeholders across business units, IT, and external partners to ensure cohesive strategy implementation.
+ Innovation and Emerging Technologies: - Drive innovation by identifying and evaluating new technologies that could provide strategic benefits. - Establish a process for continuous technology assessment and integration.
+ Technology Governance and Policies: - Develop and enforce technology policies, standards, and procedures to ensure compliance and governance. - Oversee the development and maintenance of the technology roadmap, ensuring it supports business needs and growth.
+ Budget and Resource Management: - Manage the technology strategy budget, ensuring efficient allocation of resources to strategic initiatives. - Identify and develop key talent within the technology team, fostering a culture of innovation and excellence.
+ Stakeholder Engagement: - Act as a key advisor to senior management on technology strategy and initiatives. - Communicate complex technology concepts to non-technical stakeholders in a clear and concise manner. Leading meetings and workshops to facilitate discussions, brainstorming sessions, and decision-making processes. Preparing reports and presentations that summarize findings and recommendations effectively.
+ Performance Measurement: - Establish metrics and KPIs to measure the effectiveness of technology initiatives and strategy execution. - Regularly report on progress, outcomes, and adjustments to strategy as necessary.
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
+ As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
CONDUCT & CULTURE RISK
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
+ Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
+ At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
+ Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
+ Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
+ Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls
+ Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
+ Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution
KNOWLEDGE AND SKILLS
+ Degree/diploma in Computer Science, Engineering, MIS, or related field or relevant certifications and/or completion of a relevant bootcamp
+ 4-6 years of related experience OR Combination of education and experience, ideally within financial services or tech
+ In-depth knowledge of banking products, services, and industry regulations; understanding of current industry trends and developments; ability to apply industry knowledge to improve processes and services
+ Works independently with minimal oversight; manages own workload and priorities; provides regular updates to supervisors
+ Ability to make data-driven recommendations within domain to address complex problems
+ Ability to convey complex technical concepts in a clear and concise manner to non-technical audiences.
+ Conduct risk assessments and develop recommendations for risk mitigation within domain
+ Conduct basic compliance checks within domain; provide recommendations for compliance improvements; ensure adherence to regulatory standards in their work; work closely with Compliance and Audit teams
+ Ability to manage relationships with technology and business partners to ensure the systems and processes supporting the applications are operating effectively and efficiently
+ Embrace and advocate change for optimal solutions and outcomes
+ Influential, relationship management and networking, inspiring outcomes by sharing expertise
+ Digitally savvy; innovative, embrace evolving technologies; easily adapt to new tools and trends
+ Client-focused and solid team player
+ Accountable
+ Relevant certifications (e.g., PMP, ITIL, TOGAF) are a plus.
WORKING CONDITIONS
+ This role operates within a normal office environment
+ Occasional travel to industry conferences, client sites, and other business locations. Flexibility to work extended hours as required.
" _At CIBC, we offer a competitive total rewards package. This role has an expected salary range of_ **_$80,000-$120,000_** _for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s 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), Holidays and 401(k), in addition to other special perks reserved for our team members.”_
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 [email protected]
+ 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, 10th Fl
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Business Effectiveness, Client Service, Communication, Detail-Oriented, Human Resources (HR), Process Improvements, Relationship Management, Teamwork
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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