Director, Reporting and Analysis, Cards Finance recruitment

APPLICATION INSTRUCTIONS:
1. Interested candidates must submit their profile by clicking on the "APPLY ONLINE" button below by Quoting job reference number J0412-0630. All Resumes must be submitted online only, please do not email your application to the recruiter or hiring manager. Posting Deadline is May 20, 2012.  Late submissions will not be accepted.
2. CIBC thanks all applicants for their interest, however, only those selected for an interview will be contacted.
3. Please note that if you are selected for an interview, due to volumes of applicants, you may not be contacted immediately.
4. Meeting the minimum requirements of the vacancy will not guarantee an interview.
5. If you are not selected for an interview, you will receive an e-mail advising you that the position has been filled.

Job Overview:
JOB PURPOSE

Responsible for ensuring all Card Products Division’s reporting requirements for both Retail and Business Banking Finance and for Card Products Division’s management team are met. This includes regular monthly / quarterly / annual reporting as well as handling ad hoc requests from both client groups. In addition to ensuring all reports are timely and accurate, also provides recommendations, insight and context to help clients interpret the information provided. Continuously seeks to improve existing reporting processes. Works with other members of the finance team to ensure awareness and correct handling of issues identified in the reporting and business case development processes.

KEY ACCOUNTABILITIES

1. Management reporting: a) Ensure Card Products Division’s monthly binder is completed on time each month. Ensure relevant issues are highlighted to the Cards Management Team and relevant business units in the best possible manner dictated by the situation in question. b) Ensure Card Products Division’s reporting requirements for Retail and Business Banking Finance are met each month. Ensure relevant issues are highlighted. Ensure appropriate level of review within Card Products Division is obtained before submitting information to Retail and Business Banking Finance.

2. Planning/Forecasting: Co-ordinate client inputs to the annual planning process, quarterly forecasts and strategic plan for the Card Products division. Present the information to Senior Management in a well thought out way to identify all key drivers of revenue/expenses, assumptions, as well as risks and opportunities.

3. Conduct applicable level of financial and economic analyses on marketing initiatives and develop recommendations for discussion, review and acceptance at the various levels within the department.

4. Oversight/management for the Cards financial database, ensuring it meets current and future needs.

5. Assist the business in determining both the short and long term impacts of significant special projects/strategic partnerships.

6. Ensure relevant people within the business are kept up to date on trends/issues identified.

7. Provide accurate in-depth reporting/analysis (monthly, quarterly, annual) on sales, distribution, market productivity, and market share to senior management

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

9. Provide leadership and effective management of business unit staff to influence employee commitment to the organization, to the team, and to their job by;
• Setting appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals;
• Building team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training;
• Managing 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;
• Creating a positive work environment and being an effective role model by championing CIBC’s mission, vision and values;
• Ensuring compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect, and;
• Hiring the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

CROSS-FUNCTIONAL RELATIONSHIPS
• This job interacts on a regular basis with directors and VPs in the Cards business, as well as with various contacts within Retail and Business Banking Finance. There is frequent exposure to more senior management at Cards, as well as senior members of the various finance groups.

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

AUTHORITIES/DECISION RIGHTS

• 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.

JOB DIMENSIONS
• Span of Control: 3 direct/5 indirect

Requirements:
KNOWLEDGE AND SKILLS
• Strong relationship management and leadership skills
• Superior communication, interpersonal, management and negotiating
• Knowledge of Cards business, structure, reporting on sales/targets forecasting vs. actual, and business trends
• Professional designation in accounting (CA, CMA, CGA ) and/or MBA
• Knowledge of CIBC's reporting structure and systems (EBI, Essbase, FAR/MAR, GL:M, etc.).
• Strong analytical and problem solving skills.
• Ability to apply theory into realistic strategic plans
• Proven negotiation and influencing skills
• Ability to juggle multiple assignments while remaining priority focused

WORKING CONDITIONS
• This role operates within a normal office environment with little exposure to adverse working conditions.