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 (https://www.cibc.com/en/about-cibc.html)

What you’ll be doing

As part of Rewards, Recognition & Performance within Human Resources, we support the design, oversight, and regulatory compliance of the CIBC’s Global pension and retirement savings programs. As a Senior Consultant, Canadian Retirement Programs, you will coordinate the integration of retirement policies and operational delivery of enterprise pension and group retirement savings programs. This role is accountable for contributing to, implementing and maintaining the existing pension framework that supports the organization’s immediate and long-term business goals. Priorities of this role include project managing all annual processes related to pension and retirement administration, pension committee and governance reporting, policy maintenance, records management, supplier governance frameworks and financial budgeting.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Plan administration - Understanding of Defined Benefit Pension administration systems and a strong working knowledge and hands-on experience in providing pension administration services with a desire to expand your pension knowledge. Knowledge of multi-jurisdictional pension legislation, and payroll within pension administration, will be considered assets. Perform and review complex pension calculations accurately and efficiently, ensuring compliance with plan rules and regulations.

• Governance – Support and sustain the governance framework taking into account the organization’s culture and values, legislative requirements and industry best practices. Analyze and interprets the policies ensuring the programs are aligned with organizational and Human Resource strategic direction and goals. Support the Senior Director on pension governance activities, through participation in pension management committee meetings, enterprise records management policies, co-ordination of regulatory filings for internal and external regulatory bodies, preparing materials for executive management and CIBC’s Management Resources & Compensation Committee of the Board of Directors.

• Problem solving - Strong analytical skills and proficiency in Microsoft Excel for data analysis and reporting. Detail-oriented mindset with a high level of accuracy in calculations and documentation. Identify and resolve pension-related issues, discrepancies, and challenges in a proactive and timely manner.

• Collaboration - Work collaboratively with cross-functional teams, including HR, finance, and legal departments, to support pension-related initiatives and projects. Ability to work independently and as part of a team, managing multiple priorities and deadlines effectively. Works closely with 3rd party pension administrator, HR Operational Effectiveness and external suppliers to ensure the efficient, accurate and timely pension service delivery and implementation of pension policy decisions. Liaise with external suppliers and legal counsel to provide regulatory updates to the Senior Director on the status of pension governance in the Canada and U.S. Liaise with specialized internal areas including CIBC Treasury, Finance and Risk Management in support of the pension governance activities, financial and risk reporting and compliance.

• Communication - Excellent communication and interpersonal skills, with the ability to interact professionally with diverse stakeholders, to support the promotion of our Canadian retirement and savings programs (Sr. Leadership, Human Resources, and Employees). Assist with the education and communication of pension and group retirement savings plans for all Canadian employees and retiree groups in CIBC.

Who you are

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

• You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible.

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

• Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability.

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, defined benefit pension plan, an employee share purchase plan, 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, French proficiency, 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

Toronto-81 Bay, 34th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Advisory Services, Business Relationships, Defined Benefit Plans, Employee and Labor Relations, Group Retirement Plans, Human Resources (HR), Long Term Planning, Pension Administration, Pension Governance, Pension Plans, Pensions, Pensions Legislation, Pensions Management, Policy Development, Retirement Savings, Savings Plans, Service Delivery, Strategic Communication Planning

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.