Data Science New Grad Jobs in Toronto, ON (NOW HIRING)

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

What you'll be doing

Join the Alternate Solutions Group (ASG)as a Director, Data Science to make a meaningful impact for our clients. Within Payments, ASG is dedicated to developing innovative, technology-driven capital markets solutions.This unique organization blends the agility and innovative spirit of a FinTech startup with the financial strength and governance protocols of a major financial institution. Recognized as a global leader, ASG provides disruptive technological solutions across various product areas, including Cross Border Payments, Dynamic Currency Conversion, and Foreign Cash white labeling. Our diverse client base includes some of the largest banks in the world, corporations, and CIBC's retail clients.

We are hiring on the Global Payment Services (GPS) team - a team that supports key product offerings within the ASG team. Global Payment Solutions is a suite of cross-border and domestic payment solutions for institutional clients and retail clients. Payers can complete transactions in preferred currency for their invoice, while institutions can send outbound payments in different currencies to beneficiaries. Payment Solutions is made up of inbound and outbound payments across institutions. Global Payment Solutions operates across Canada, US, UK and Australia. In addition, you will support the Global Money Transfer (GMT) product line, enabling millions of clients to send payments to over 130 countries.

You will lead and manage a high performing Data team within the GPS business group, driving data-driven initiatives that align with ASG's strategic objectives. Operating in a fast-paced environment, you will be part of a dynamic, execution-focused product team. Your primary responsibilities will include optimizing efficiency and accuracy within the data science team while driving revenue growth and delivering valuable insights for our clients and businesses. You will leverage your expertise in statistics, machine learning, and optimization to transform business challenges into effective data science solutions.

At CIBC we enable the work environment most optimal for you to thrive in your role.To successfully perform the work, you'll be on-site full-time.

How you'll succeed

• Business Planning & Management - You'll develop and execute the Data team strategy, aligning data science initiatives to enable ASG to achieve its mandate, goals, and objectives. You'll lead and mentor a data science team, setting strategic plans that align with ASG's overall vision. Your focus will be on meeting performance targets that support the GPS team through data-driven insights and initiatives. You'll regularly monitor performance and market trends to provide valuable information, ensuring that all regulatory, business, and financial reporting is completed accurately and on time.

• Product & Process Improvement -You'll actively seek concrete and practical ways to enhance our products and overall value proposition for clients. You will review existing processes to identify areas for improvement, propose productivity-enhancing solutions, and manage the team through the execution of these initiatives. Your focus will be on driving continuous improvement to ensure that our offerings meet the evolving needs of our clients effectively.

• Relationship Management & Collaboration - You'll build effective relationships with internal stakeholders, including sales, delivery, and technology teams, as well as external clients, to successfully execute initiatives and bring new clients and capabilities to market. You'll communicate complex concepts clearly and elegantly, collaborating closely with business partners to understand their challenges by asking insightful questions and gathering necessary information. Your ability to demonstrate a deep understanding of business problems will enable you to address any questions or concerns raised by our partners, ensuring alignment and fostering productive collaboration.

• Leadership & Development -You'll build, support, and mentor a high-performing team by fostering a culture of knowledge sharing, collaboration, and effective problem-solving. You'll set the appropriate context when assigning work, ensuring that each individual's role aligns with and supports the achievement of ASG's overall goals. Your leadership will inspire team members to excel and contribute meaningfully to the organization's success.

Who you are

• You have an advanced degree.In Data Science, Computer Science, Mathematics, Engineering, other related field, or equivalent work experience.

• You can demonstrate experience. 7+ years of experience working in an AI/Machine Learning, Data Science, or advanced analytics function. You have experience and proficiency working with modern data science, machine learning and AI/ML toolkits, such as Pandas, scikit-learn, XGBoost, PyCaret, Huggingface/Transformers.

• You're goal oriented. You're motivated by the desire to build a thriving new business, in a fast-paced and competitive environment, with aggressive targets.

• 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 a meaningful way.

• You are a problem solver. You have exceptional critical thinking, problem solving, and decision-making skills with demonstrated ability to independently identify and analyze problems and recommend solutions.

• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.

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

• You have strong communication and relationship building skills. Working experience in multiple languages an asset. Your ability to communicate effectively across lines of business, infrastructure groups and external partners is vital to the success of the business priorities you manage. You also understand strong negotiations and influencing skills will be required to achieve business goals.

• You are acaring and accountable leader. You have experience developing and implementing strategic team goals. You can demonstrate experience in effectively developing, mentoring and empowering a high-performance team.

• You have strong business planning and management skills.You have the ability to create and set business strategies and plans to grow the business and provide value-add to your clients and internal partners.

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

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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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we're actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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.

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