Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial

cibc· Canadian Imperial Bank of Commerce (Canada)
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📍 Toronto, ONFull time
Full timeCanadian Imperial Bank of Commerce (Canada)

About this role

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

At Simplii Financial, we're redefining how Canadians move money by building robust, scalable payments platforms that simplify complex processes and anticipate future needs. As the Director, Product Owner – Payments Infrastructure & Transaction Processing, you'll lead the strategy, roadmap, and build of Simplii’s payments infrastructure. You’ll be responsible for ensuring reliable, transparent, and efficient money movement across all channels, overseeing integration with payment networks, card processors, rail providers, and reconciliation systems. Your role will involve translating business goals, regulatory mandates, and operational pain points into actionable product outcomes, partnering closely with technology, architecture, operations, risk, finance, and external vendors. You’ll drive modernization efforts, streamline platform architecture, and ensure the payments infrastructure is resilient, compliant, and ready to quickly adapt to changes in the payments landscape. 

At CIBC we enable the work environment most optimal for you to thrive in your role. You can effectively perform all work activities remotely, and will only be required to be on-site on an occasional basis.

How you'll succeed

  • Payments Infrastructure Product Ownership – Own the vision for Simplii's payments platforms, balancing flexibility to meet customer needs, performance, and efficiency. 

  • Transaction Processing & Integration – Translate business and regulatory priorities into a clear roadmap, managing integrations with processors, networks, rail providers, and internal systems. 

  • Modernization & Architecture Simplification – Lead the discovery and delivery of Simplii’s payments modernization, reducing duplication and complexity while enhancing platform capability. 

  • Reconciliation & Operational Excellence – Develop and maintain capabilities for payments reconciliation, settlement, and operational visibility, ensuring compliance with regulatory and scheme requirements. 

  • Stakeholder & Vendor Engagement – Act as the product decision-maker, partnering with internal teams and external vendors to translate requirements into outcomes. 

Who you are

  • You have relevant experience. You bring strong experience in payments products and protocols, transaction processing, card issuing/processing, or banking platform roles within regulated environments. 

  • You're a technically strong platform leader. You bring deep knowledge of technology infrastructure and can challenge architecture, operations, and engineering decisions to drive optimal outcomes. 

  • You're a decisive product owner. You excel at turning complex modernization goals into sequenced roadmaps, disciplined backlogs, and measurable results. 

  • You understand regulated financial services. You recognize the importance of speed, resilience, controls, auditability, and incident readiness in payments processing. 

  • You're a collaborative leader. You foster alignment across product, technology, architecture, operations, finance, risk, compliance, security, and vendor partners. 

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

#LI-TA

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

  • 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.

Job Location

Toronto-161 Bay St., 4th

Employment Type

Regular

Weekly Hours

37.5

Skills

Accountability, Agile Methodology, Analytical Thinking, Backlog Management, Communication, Data-Driven Decision Making, Domain Knowledge, Influencing Without Authority, Mentorship, Negotiation, Problem Solving, Product Portfolio Strategy, Product Roadmap Development, Risk Management, Sprint Planning, Stakeholder Management, User Story Mapping

Frequently Asked Questions

Is the salary disclosed for the Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial position at cibc?
The salary for this Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial role at cibc is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial position at cibc located?
This Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial role at cibc is based in Toronto, ON. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial role at cibc full-time or part-time?
This is listed as a Full time position. It is posted as a Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial role in the Canadian Imperial Bank of Commerce (Canada) department at cibc.
Which team or department does the Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial at cibc belong to?
This Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial position is part of the Canadian Imperial Bank of Commerce (Canada) department at cibc. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial position at cibc?
Click the "Apply Now" button on this page. You will be redirected to cibc's official application portal hosted on workday where you can submit your application directly.
When was the Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial job at cibc posted?
This Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial position at cibc was posted on Sep 12, 2026. Apply as soon as possible — early applications are often reviewed first.
Director, Product Owner – Payments Infrastructure & Transaction Processing - Simplii Financial
cibc
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