Director, Global Markets, Alternate Solutions Group - 16 month term

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.

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What You’ll Be Doing

CIBC’s Global Markets business focuses on delivering expert financial and economic analysis and savvy deal-making capabilities to clients in Canada and around the world. The Global Markets team supports fixed income, foreign exchange, commodities, derivatives, equities, and growth markets and is focused on building a strong, innovative relationship-oriented bank.

Within CIBC Global Markets, the Alternate Solutions Group (ASG) was launched in 2013 with a mandate to develop innovative and creative technology-driven capital markets solutions. This group is an unconventional capital markets organization that combines the innovative spirit and agility of a FinTech startup with the financial strength and strong governance protocol of a major financial institution. ASG has been recognized as a global leader in providing disruptive technological capital markets solutions in several product areas including Cross Border Payments, Dynamic Currency Conversion, Multi-currency pre-paid cards, Foreign Cash & Precious Metals Online and white labeling thereof. ASG’s client base stretches from some of the largest banks in the world, to corporates to CIBC’s retail clients.

We are hiring a senior people leader to drive our cross-border transaction business, which includes value-added services like Dynamic Currency Conversion (DCC) – a key product offering within the ASG team. DCC is a service that enables foreign cardholders to pay for their purchases in their home currency, providing them with the transparency of knowing exactly how much they will be debited. Since its inception, the DCC product team has established partnerships with over 30 financial institutions, enabling this white-label solution on more than 100,000 ATMs worldwide.

In this role, you will bring high energy and an entrepreneurial spirit to help us grow our DCC business. Operating in a fast-paced environment, you will be part of a dynamic, hardworking, and execution-focused product team. Your key responsibilities will include managing client relationships, acquiring new clients, building and leading high-performing teams, and defining an efficient and resilient operating model while effectively managing risk. Travel and time away from the office will be required based on business needs, as you work to deliver exceptional results and drive the success of our business. 
 

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site full-time.  

How You'll Succeed

• Business Planning and Management: You will play a key part in business planning and management, where you will work to meet performance and revenue targets that align with the overall ASG plan. You will contribute to the development of ASG’s short- and long-term business strategies, enabling the team to achieve its mandate, goals, and objectives. By regularly monitoring business performance and market trends, you will provide valuable insights to clients, helping them make informed decisions. Additionally, you will ensure that all regulatory, business, and financial reporting is completed accurately and on time, maintaining a high standard of excellence in all aspects of your work.

• Leading with Authenticity: You will manage, support, and mentor a team of five direct reports, fostering a collaborative and inclusive environment where knowledge sharing and effective problem-solving thrive. You will set clear and appropriate context when assigning work, ensuring that each team member’s role aligns with the priorities of the business unit an