Vice President, Engineering and Technology Innovation

CIBC Mellon


Date: 2 weeks ago
City: Toronto, ON
Contract type: Full time
Responsibilities

  • Drive the technology innovation strategy, aligning it with Company goals and market trends within the financial sector.
  • Cultivate and sustain strong relationships with third-party technology partners, fostering collaboration to drive enhanced service delivery and product innovation.
  • Provide strategic insights and recommendations to foster a culture of innovation and experimentation within the IT organization.
  • Lead the ideation and development of prototype solutions, ensuring on-time delivery and alignment with client requirements.
  • Collaborate closely with cross-functional teams, including product development, marketing, and compliance, to seamlessly integrate innovative solutions into existing workflows.
  • Stay informed about emerging technologies and industry trends, identifying opportunities for innovation that can benefit our clients.
  • Utilize negotiation and influencing skills to build strong relationships, resolve conflicts, and achieve mutually beneficial outcomes with internal and external stakeholders including clients, vendors and partners.
  • Build and lead a high-performing technology innovation team, providing guidance and mentorship to foster a culture of creativity and problem-solving.
  • Engage with clients to understand their needs and gather feedback, using insights to refine prototypes and develop scalable solutions.
  • Develop and implement strategies for adopting and integrating new technologies (e.g. cloud computing, AI/ML, IoT, Fintech).
  • Lead budget planning and ensure accountability for operational functions to ensure we adhere within our allocated budget.
  • Define and maintain a comprehensive enterprise architectural framework that encompasses business, data, application and technology domains.
  • Establish technology standards and approve new products and system architecture to ensure alignment with organizational goals and best practices.
  • Participate in relevant governing bodies at CIBC and BNY to ensure CIBC Mellon is adequately represented and its interests are effectively advocated.
  • Lead, coach and develop a team of Technology Specialists, including setting performance objectives, conducting performance reviews and coordinating training requirements and development opportunities.

Qualifications

Education/Experience

  • University degree in a technology related discipline
  • 15+ years of experience in technology innovation or enterprise architecture, preferably within the financial services industry

Specific Knowledge & Skills

  • Accomplished strategic thinker with superior communication skills and problem solving abilities; able to communicate effectively with diverse audiences including business and technology executives, clients, employees, and technology industry experts.
  • Ability to establish a culture of change, through consensus and engagement, and motivate others to think differently.
  • Skillful negotiator, internally and externally, that secures the optimal outcomes for the business.
  • Strategic mindset to envision the future and translate into actionable plans
  • Flexible, adaptable and resilient; will adapt approach and make decisions as situations change in a fast paced and competitive environment.
  • An energetic leader whose personal values align with CIBC Mellon’s, and demonstrates a passionate commitment and respect for the organization’s mission, values, culture and clients
  • Proven track record of successfully managing partnerships with third-party technology providers.
  • Strong understanding of emerging technologies and their application within Financial services.
  • Excellent leadership, communication and interpersonal skills.
  • Demonstrated ability to plan, prioritize and measure outcomes to the organization’s goals and objectives
  • Track record of building successful and sustainable teams by attracting, developing and retaining a highly diverse and talented workforce.

Working Conditions Unique to Job

  • Travel between locations
  • On-call after hours availability

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