Sr. Director, Borrowing Solutions and Insurance Finance

What You’ll Be Doing
The Sr. Director, Borrowing Solutions and Insurance Finance is responsible for ensuring all RESL, Unsecured Lending, Auto Lending and Insurance financial reporting, forecasting, and analysis requirements for both PBB CFO Finance and Borrowing Solutions and Insurance management teams are met. This includes regular weekly/monthly/quarterly/annual reporting as well as handling ad hoc requests from both groups. In addition to ensuring all financial packages are delivered on a timely and accurate basis, the Sr.

Director will provide proactive analysis, recommendations, insight and context in support of decision making by leadership, along with continuously seeking to improve existing processes and working collaboratively with the Business and various teams across Finance.

How You’ll Succeed

Management Reporting – Evaluate business unit performance through detailed analysis and interpretation of financial results and key business metrics. Work closely with the Accounting Policy and Controllership to interpret and assess the impact of management accounting policies on business results. Present and communicate effectively to executive stakeholders on the forward view of financial drivers to Borrowing Solutions and Insurance businesses. Ensure reporting requirements for PBB CFO Finance are met each month and appropriate level of review with the Business is conducted.

Direct, coordinate and communicate the impacts from ALCO product pricing assumptions.

Financial and Strategic Planning – Direct, coordinate and oversee the preparation of the annual and strategic plan and quarterly latest estimates for Borrowing Solutions and Insurance. Understand and articulate the drivers for the businesses, ensuring consistent market and business assumptions across product categories. Present plan/forecasts to executive stakeholders, highlighting the key drivers for revenue/expenses, assumptions, as well as the identification of material risks and opportunities.

Management Information and Analysis – Provide approval recommendations for business cases, new product/campaign launches and new business initiatives following appropriate financial review and due diligence with appropriate business stakeholders. Give trusted advice to product owners on the short and long term impacts of significant special projects/strategic partnerships. Provide accurate in-depth reporting/analysis (monthly, quarterly/annual) on sales, distribution, market productivity and market share to senior management.

Identify opportunities to improve existing reporting and forecasting processes and work with key players to implement changes.

Stakeholder/Partner Relationship Management – Coordinate with partners in other areas of CIBC Finance to optimize linkages and service levels. Build understanding and acceptance of allocated costs in the recipient community by working with and providing appropriate reporting to finance and business partners.

People Management/Leadership – Set appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals. Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training. Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.

Create a positive work environment and being an effective role model by championing CIBC’s mission, vision and values. Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect. Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

Who You Are

You can demonstrate advanced knowledge of planning, costing and/or analytical procedures and techniques. In addition, you have extensive knowledge and understanding of accounting/reporting systems (EBI, Essbase), and the ability to identify, extract, and use…