Director of US IT Asset Management
Canadian Imperial Bank of Commerce
Job Description
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
This role is responsible for driving ITAM strategy, governance, lifecycle management, compliance, reporting, and optimization to support business and technology objectives. The Director, US IT Asset Management brings strong experience in IT asset management, enterprise stakeholder engagement, risk and control oversight, and team leadership. This role will work across regional and enterprise teams to strengthen asset visibility, improve lifecycle discipline, support compliance, and enhance the value of technology investments.
- IT Asset Management – Lead the regional ITAM strategy and operating model – in alignment with enterprise standards, ensuring regional practices support broader organizational objectives and governance requirements.
- Leadership – Lead ITAM teams, tools, and continuous improvement initiatives to strengthen capabilities, improve service delivery, and drive operational efficiency. Provide people leadership through ongoing development, coaching, and support of team members, fostering strong performance, capability growth, engagement, and accountability.
- End‑to‑end hardware and software asset lifecycle management – planning, acquisition, deployment, maintenance, refresh, and retirement.
- Relationship Management – Partner with enterprise stakeholders, vendors, and service providers to align ITAM priorities, support strategic outcomes, and enable effective cross‑functional collaboration.
- Governance – Ensure strong governance, inventory accuracy, compliance, and reporting by maintaining effective controls, reliable asset data, and clear performance and risk visibility.
- Budget, risk, and optimization – manage budgets, risks, and optimization opportunities to support cost discipline, reduce exposure, and improve the value realized from technology assets and licensing.
How you’ll succeed
Demonstrate the following capabilities and behaviors while leading the ITAM function:
- Strategic vision and execution in alignment with enterprise objectives and governance.
- People leadership with a focus on development, coaching, and fostering engagement and accountability.
- Execution of end‑to‑end hardware and software asset lifecycle management.
- Strong relationship building with stakeholders, vendors, and service providers.
- Robust governance, reporting, and compliance through accurate inventory and reliable data.
- Effective financial stewardship, risk management, and value‑driven optimization.
Who you are
You demonstrate experience in IT Asset Management (ITAM) or related technology leadership, and strong knowledge of hardware and software asset lifecycle practices, experience in large, complex, and preferably regulated environments, and proven ability to work across regional and enterprise teams.
- Combination of 12‑15 years of related experience or education and experience, ideally within financial services or tech.
- A degree or diploma in Computer Science, Engineering, Information Technology, Business Administration, Finance, Operations Management, or a related field or relevant certifications and/or completion of a relevant boot‑camp.
- Expert knowledge of banking products, services, and industry regulations; thorough understanding of current and emerging industry trends and developments.
- Ability to shape departmental strategies using industry knowledge and influence senior leadership and cross‑functional teams.
- Ability to set long‑term strategic direction and solve high‑level challenges impacting the organization as a whole.
- Excellent leadership, communication, and analytical skills; embracing and advocating change; influencing relationship management and networking; inspiring outcomes through sharing expertise.
- Digital savviness, innovation, and ease of adapting to new tools and trends.
- Oversight of risk management frameworks and alignment with strategic objectives, ensuring comprehensive compliance with all relevant regulations.
- Management of relationships with Compliance and Audit teams; ensuring compliance adherence and reporting.
What CIBC offers
We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. Competitive salary, incentive pay, and a benefits program that includes:
- Medical
- Dental
- Vision
- Health Savings Account
- Life Insurance
- Disability
- Other Insurance Plans
- Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
- Holidays
- 401(k)
In addition to other special perks reserved for our team members.
CIBC offers a competitive total rewards package. This role has an expected salary range of $165,000- $240,000 based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.
This position does not offer visa sponsorship.
What you need to know
California residents — your privacy rights regarding your actual or prospective employment.
We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [email protected].
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, MS Office).
Job Location IL-Chicago, 120 S LaSalle St Fl 4.
Employment Type Regular.
Weekly Hours 40.
Company culture
We commit to creating an inclusive environment where all team members and clients feel like they belong.
Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Every day, our 48,000 employees help our clients achieve their financial goals because what matters to our clients, matters to us.
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