Head of Treasury Services

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 Innovation Banking is a full-service business that delivers strategic advice and funding to North American technology and innovation clients at each stage of their business cycle, from start up to IPO and beyond. With 12 offices in Atlanta, Austin, Boston, Chicago, Denver, London, Menlo Park, Montreal, New York, Reston, Toronto and Vancouver, the Innovation Banking team builds long-term relationships with management teams and financial sponsors across the US and Canada by investing time to get to know each business. They leverage CIBC’s experience to structure credit and banking solutions to meet the unique needs of technology companies at all stages of development, as well as investing in Canadian and US-based venture capital and growth equity funds.

The Head of Treasury Services will support the US Innovation Banking Team in building a first-in-class treasury management platform commensurate with its ambitions for debt originations that optimizes an incredible opportunity for deposit and fee growth. You will be responsible for sales, marketing, service and products (including external partnerships) related to non-credit business including cash management, merchant services, and commercial cards.

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.

How You’ll Succeed

• Work with internal partners such as technology partners, credit team, liquidity specialists and Bank USA (together the Treasury Management Platform Services Committee), to determine Innovation Banking Treasury Platform priorities within an allocated budget to establish and manage a treasury services product/solution roadmap including:

  • Competitive deposit product and fee strategy to attract and retain earlier stage prospect companies, with the following considerations:

    • Develop an established bundled set of treasury services

    • Discount or provide for free the bundled services in exchange for a minimum level of deposits or for an established time period? 

  • Develop a Go-To-Market for companies at various stages such as seed, venture round, growth equity, buyouts, public companies and deposit only opportunities

  • Develop an internal and third party (API’s) cash management technology strategy in conjunction with the Bank USA and broader CIBC technology teams

  • Identify and develop key partnerships for Corporate Card (i.e. Brex, Ramp) Merchant Services (i.e. Stripe ), and Payables/Receivables automation (i.e. Corpany)in order to create highly competitive full cash management solution suite for clients

• Develop and manage Treasury Services marketing materials that describe Innovation Banking’s product features and benefits and the advantages of using the platform.

• Continue to work closely with the Treasury Management Platform Services Committee to drive timely treasury services product growth initiatives to maintain Innovation Banking’s competitive position in the market.

• Maintain the Innovation Banking’s competitive position with people - build and manage a specialized treasury management team that brings technology banking treasury expertise, a commitment to excellence and innovation that positions us as leaders in the industry.

• Develop an infrastructure of highly capable implementation and treasury operations specialists that can work with CIBC US Information Technology to develop a frictionless onboarding and ongoing maintenance experience.

• Direct product pricing strategy. Have an insider’s view of Innovation Banking pricing for treasury products and services and design a pricing strategy that will enable CIBC to be successful against its competitors.

• Client engagement – Meet with clients to understand their priorities, advise them on solutions, and provide a forward-looking financial plan. Use your knowledge of cash management, credit, investment and wealth protection to help clients meet their goals.

• Relationship building – Engage in marketing and outreach activities to show clients you value them and their communities. Grow your network, deepen exi