VP, Product Strategy & Development

Job title:

VP, Product Strategy & Development

Company

Canadian Western Bank

Job description

At , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as what we do. And we harness the power of inclusion. Our culture is who we are and how we show up – as individuals and as a team – to accomplish our strategy.

Location: Edmonton, Alberta (relocation packages available)

Canadian Western Bank (CWB) is the only full-service bank in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. Our teams take a relationship-based approach to deliver a uniquely proactive client experience through highly personalized service, specialized expertise, customized solutions, and faster response times. We provide full-service business and personal banking, nation-wide specialized financing in targeted industries, comprehensive wealth management offerings, and trust services.

Our highly engaged teams operate within a client-centric, collaborative, and change-ready culture, with a core focus to achieve our vision to become the best full-service bank for business owners in Canada as we continue to transform our capabilities, united as one under a common leader.

The opportunity

The Vice President, Product Strategy and Development will play a central and pivotal role within CWB, interacting with most of the key stakeholders across the organization. Reporting directly to the Senior Vice President, Client Solutions, the successful incumbent will contribute significantly to the business strategic planning process and take a leadership role in the development of numerous strategic initiatives for CWB to deliver superb client value propositions and earnings results. This senior leader will play an important role in the development and deployment of the bank’s business and product strategy across personal and business banking; they will have strategy, innovation and product leadership responsibilities, and develop expertise across the value chain including client segmentation and lifecycles. The ideal candidate should bring energy and excitement for the mandate, have authentic alignment with the values of the organization, exhibit entrepreneurial DNA, and be a strategic thinker. They should have a deep background in personal and commercial products, be comfortable building plans from the ground up, have strong financial acumen, and be able to effectively deal with challenges along the way, with poise.

Key focuses

Product & Business Strategy & Development

Develop and lead the Product Development Strategy and ongoing management of the Bank’s current and future suite of business and personal banking products and services, ensuring client and growth objectives are achieved. This includes accountability for Personal and Business Lending, Creditor Insurance, Deposit and Cash Management and Payments products.

Fee & Margin Optimization

Develop, prioritize, and deploy ongoing management of fee and margin optimization initiatives to drive revenue growth and market competitiveness.

Leadership

Lead, build and manage a high performing team – establish the vision for Product Strategy and Development at CWB and mobilize cross-functional teams to deliver on the plans.

Pivotal experience, expertise & culture impact

Product Expertise: 12+ years of progressive experience in personal and commercial banking product strategy and development. A history of exceeding revenue, margin, and delivery commitments.

Product Evolution: Proven success driving product evolution and innovation and establishing and implementing progressive and sophisticated practices and metrics.

Stakeholder Management: Previous success effectively managing a broad range of stakeholders; experience establishing a strong partnership model cross-functionally and collaborating with stakeholders to achieve business goals.

Talent Management: Strong people management and development skills; a history of building followership. Proven track record of driving positive employee engagement.

Execution Excellence: The ability to balance strategic vision with execution excellence; the desire and aptitude to understand and own the details.

Drive for Results: Driven, with the confidence to take action. Prioritizes efforts; simplifies the complex. Productive; takes ownership and delivers results. Possesses the energy and determination to succeed in a fast-paced environment.

Entrepreneurial: Comfortable with ambiguity; nimble. The curiosity to try new things; instills curiosity in others. Willing to lean in to challenge and risk, and to overcome obstacles.

Why work with us?

Your success is our obsession.

If you are obsessed with client success – we will surround you with a strong foundation of care, support, autonomy & know-how to make it happen. Learning, development, coaching, mentorship, & opportunities for growth & innovation. Challenging work matched with recognition & rewards. Pay for performance incentives and all the vital benefits to take care of you and your loved ones because your whole wellness matters – physical, mental, financial, & spiritual! We live for today, and plan for tomorrow. Your investments grow with us with our RSP & ESP programs. And being an owner brings a differentiated level of motivation, engagement, empowerment & reward –with CWB, every employee can be an owner. Need another reason?

Recognized as one of 50 Best Workplaces in Canada by Great Places to Work 2023

Winners of Canada’s Most Admired Corporate Culture 2023

Values. Culture. People. Growth. Opportunity.

How To Express Your Interest in This Opportunity

CWB is proud to collaborate with to uncover top talent across Canada for this opportunity. If you are interested in exploring the VP, Product Strategy & Development opportunity, kindly send your resume and a cover letter to the attention of: Rachel Liem-Smith at and Dominique Fortier at . In partnership with Heidrick & Struggles, Canadian Western Bank is committed to ensuring that a diverse selection of applicants are considered and will only make a final decision when they have had an opportunity to do so. All applicants are welcome, and they expressly encourage applicants to apply who identify as women, persons with visible and invisible disabilities (including physical, mental, sensory, learning impairment, etc.), Indigenous Peoples (including First Nations, Metis and Inuit), LGBTQ2S+ and/or racialized persons. CWB believes that inclusion has power, and they are always looking for unique perspectives to add to their teams. All applicants are considered as part of an equitable and fair selection process. We look forward to exploring your candidacy.

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IND-AB

As an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.

Closing Date:

• Position closes at 12:01am on the close date identified below. 02/1/2024

Expected salary

Location

Edmonton, AB

Job date

Sat, 06 Jan 2024 06:01:10 GMT

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