Director of Deposits and Payments Technology

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

Position Overview
The Director of Deposit and Payments Technology will be responsible for leading the engineering team in the development and implementation of innovative deposit and payment solutions. This role will focus on API enablement and the integration of various payment networks, including SWIFT, Wire, ACH, Instant Payments, and Zelle. The ideal candidate will have a strong background in vendor platforms such as FIS, Fiserv, Finastra, and emerging fintech payment providers.

Key Responsibilities
Leadership and Team Management

Lead and mentor a high-performing engineering team focused on deposit and payment technologies.
Foster a collaborative and innovative team culture that encourages continuous improvement and professional development.
API Enablement

Drive the strategy and execution of API enablement initiatives to enhance integration capabilities with internal and external systems.
Collaborate with cross-functional teams to ensure seamless API integration and functionality.
Payment Network Management

Oversee the implementation and management of various payment networks, including SWIFT, Wire, ACH, Instant Payments, and Zelle.
Ensure compliance with industry standards and regulations related to payment processing.
Vendor Platform Experience

Leverage experience with vendor platforms such as FIS, Fiserv, Finastra, and other fintech payment providers to enhance service offerings.
Evaluate and select technology partners to support the organization’s deposit and payment strategies.

Production Support Management

Manage the production support team for vendor applications within the payment and deposit landscape, ensuring high availability and performance of systems.
Develop and implement processes for incident management, problem resolution, and system monitoring.

Strategic Planning and Execution

Develop and execute a strategic roadmap for deposit and payment technology initiatives aligned with business objectives.
Monitor industry trends and emerging technologies to identify opportunities for innovation and competitive advantage.
Qualifications
Education

Bachelor’s degree in Computer Science, Information Technology, or a related field; Master’s degree preferred.
Experience

Minimum of 10 years of experience in technology leadership roles, with a focus on commercial deposit and payment systems.
Proven track record of leading engineering teams and delivering complex technology projects

Demonstrated experience in Agile and Scrumban methodologies, with a focus on iterative development and continuous improvement.

Technical Skills

Strong understanding of payment processing technologies, including SWIFT, Wire, ACH, Instant Payments, and Zelle.
Experience with API development and integration using Microsoft Technology stack - Azure, SQL, .Net. Microsoft API Management or Mulesoft experience will be a plus
Familiarity with vendor platforms such as FIS, Fiserv, Finastra, and emerging fintech solutions for payments and deposits.
Leadership Skills

Excellent leadership, communication, and interpersonal skills.
Ability to influence and collaborate with stakeholders at all levels of the organization.
Why Join Us?
At CIBC, we are committed to fostering a diverse and inclusive workplace where all employees can thrive. As the Director of Deposit and Payments Technology, you will play a critical role in shaping the future of our payment solutions and driving innovation within the organization.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $180,000.00 - $240,000.00 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 Mailbox.careers-carrieres@cibc.com

• 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

Application Development, Coaching, Decision Making, Enterprise Technologies, Leadership, People Management, Project Management, Solutions Design, Stakeholder Management, Technical Architecture

Salary : $180,000 - $240,000