Group Product Manager
CIBC Toronto, Ontario, Canada · CA$92K–CA$127K/yr
Banking · 10,001+ employees
About the role
The Product Manager will lead the strategic development and maintenance of online brokerage products, including managing the product roadmap and vision. They will also conduct competitive analysis and identify opportunities for process automation to enhance the client experience.
What they look for
Requirements
Candidates must have at least 5 years of experience in the retail brokerage industry with a strong understanding of equity and options trading. Completion of the Canadian Securities Course (CSC) is highly preferred, along with excellent stakeholder management and analytical capabilities.
Benefits
Full 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 CIBC.com
What you'll be doing
As a member of the Investor’s Edge team, the Product Manager will be responsible for assisting with the maintenance and strategic development of assigned product initiatives, including creating product objectives, managing and communicating the product vision and roadmap, prioritizing requirements to achieve goals and objectives, incorporating feedback, and overseeing the end-to-end delivery of the product. In addition, you’ll conduct ongoing reviews of the platform and product being offered by direct competitor producing intel for senior members of Product team.
At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
The expected annualized base salary range for this role is $92,490 to $127,200.
The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles.
In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program.
We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.
How you’ll succeed
- Strategy and Competitive Analysis - In conjunction with the Product, Marketing and Strategy teams, understand the strategic evolution for the online brokerage and onboarding platform by understanding what technologies and partners will be needed to make our offerings even better. You’ll conduct periodic reviews of competitors and the evolution of their online platforms as well as which vendors they have chosen to partner with for account opening, research, trading and account information. Assist in the development of product strategies to target defined client and prospect segment(s) and the build out of the product roadmap in support of same. Determine what product enhancements may be suitable for online platform.
- Relationship Management - Act as product owner and be the primary point of contact for Investor’s Edge with regard to the product. Work with and develop relationships with Marketing and Strategy teams, CIBC Retail Banking partners and other teams.
- Business Effectiveness - Through effective analysis of existing processes and procedures, determine and recommend implementation of opportunities for cost savings for the business through reduction in manual processes and the implementation of automated solutions. Proactively determine client pain points and recommend improvements to the client experience.
Who You Are
- You are an experienced financial professional. You have a strong understanding of equity and options trading, as well as the associated regulatory landscape. In this role, you will lead the development and enhancement of trading products and platforms, working closely with cross-functional teams to define requirements, prioritize features, and deliver value to end users. The ideal candidate combines market expertise with strategic vision, ensuring products meet client needs while remaining compliant with industry rules. Excellent communication, stakeholder management, and analytical skills are essential for success in this position. You most likely have completed the Canadian Securities Course (CSC). Minimum 5 years experience working in the retail brokerage industry working with financial products.
- You are passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity
- You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
#LI-TA
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
- CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.
- 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 test (such as simulation, coding, French proficiency).
- We use artificial intelligence tools during the recruitment process. 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, 16th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Thinking, Business Cases, Data Analysis, Decision Making, Leadership, Market Research, Product Analysis, Product Development, Product Management, Product Planning, Product Roadmap, Product Strategies, Product Vision, Strategic Objectives
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