Software Engineering Sr Manager - Payments Technology

Software Engineering Manager

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.

As a member of CIBC's team, the Software Engineering Manager is a professional responsible for managing multiple development projects, development groups and application support functions for a major line of business. The role applies professional knowledge to oversee the development, testing and implementation of organization-wide systems, directing, motivating and developing staff to maximize their individual contribution and function effectively as a team. The Manager of Payments Technology is responsible for overseeing the day-to-day operations, development, and support of payment technology solutions. This role will manage a team of engineers and analysts, ensuring the reliable delivery and integration of payment systems such as SWIFT, Wire, ACH, Instant Payments, and Zelle. The ideal candidate will have hands-on experience with payment processing technologies, API integrations, and vendor platforms, and will play a key role in supporting business objectives and technology initiatives.

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.

Key Accountabilities

• Team Leadership & Development
  • Manage, coach, and develop a team of engineers and analysts focused on payment technology solutions.
  • Foster a collaborative and high-performance team culture.
• Payments Technology Operations
  • Oversee the daily operations and support of payment systems, ensuring high availability and performance.
  • Coordinate incident management, problem resolution, and system monitoring for payment applications.
• Project Delivery & Integration
  • Lead and participate in projects to implement and enhance payment processing solutions, including SWIFT, Wire, ACH, Instant Payments, and Zelle.
  • Support API enablement and integration efforts with internal and external partners.
• Vendor Management
  • Work closely with vendor partners such as FIS, Fiserv, Finastra, and other fintech providers to ensure optimal performance and service delivery.
  • Support the evaluation and onboarding of new payment technology vendors.
• Process Improvement
  • Identify and implement process improvements to enhance the efficiency, reliability, and scalability of payment technology operations.
  • Ensure compliance with regulatory requirements and industry standards.
• Collaboration & Communication
  • Collaborate with business, technology, and operations teams to understand requirements and deliver solutions that meet business needs.
  • Communicate project status, risks, and issues to stakeholders in a timely and effective manner.

Knowledge And Skills

• Experience
  • 10+ years of experience in payment technology, financial services, or a related field.
  • Extensive knowledge of banking products, services, and industry regulations; expert understanding of current industry trends and developments; ability to influence strategic decisions using industry knowledge.
  • Ability to think strategically about the bank's objectives, aligning projects with broader business goals.
  • Experience managing or leading technical teams is preferred.
• Technical Skills
  • Experience with API development and integration using Microsoft Technology stack - Azure, SQL, .Net. Microsoft API Management or Mulesoft experience will be a plus.
  • Hands-on experience with payment processing technologies (SWIFT, Wire, ACH, Instant Payments, Zelle).
  • Familiarity with vendor platforms such as FIS, Fiserv, Finastra, or other fintech payment providers.
• Process & Methodology
  • Working knowledge of Agile, Scrumban, or similar methodologies.
  • Understanding of ITIL processes and best practices in production support.
• Other Skills
  • Strong analytical, problem-solving, and organizational skills.
  • Excellent communication and interpersonal abilities.
  • Ability to manage multiple priorities and deliver results in a fast-paced environment.

Strategic Business Unit Description

US Technology, Infrastructure & Innovation (US TI&I) enables the continuous transformation of our Bank by accelerating the shift to digital, strengthening operational resilience, simplifying what we do, improving CIBC's speed to market and protecting our Bank's assets. The teams work to maximize the investment in resources and technology while building an appropriate balance between high-touch client service and our fiduciary responsibility to protect CIBC, our clients, and our shareholders from undue risk.

Compliance Requirements/Responsibilities

As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls. As a manager of people, this job must ensure all employees within the business unit comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

Conduct & Culture Risk

Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership's identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk. As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

• Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls.
• At all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goals.
• Understanding and following the qualitative and quantitative components of our Risk Appetite Statements.
• Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings.
• Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC's policies, frameworks, guidelines, processes and controls.
• Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders.
• Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institution.

Authorities/Decision Rights

As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness. As a manager of people, this job has the authority to assign tasks to employees within their span of control, select individuals for hire, assess individual performance, make employee compensation decisions and take disciplinary measures up to and including termination.

Working Conditions

This role operates within a normal office environment + Travel required: Occasional

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</h