Canadian Imperial Bank of Commerce logo

Senior Manager, IT Asset Management

Canadian Imperial Bank of Commerce
4 days ago
Full-time
On-site
Toronto, Canada

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  

You'll be joining CIBC's IT Asset Management (ITAM) team as a Senior Manager. In this role, you'll govern and manage the CIBC Transactions and Compliance program, oversee procurement and renewal requests, and ensure accurate compliance validations, artifact retention, and entitlement management. You'll analyze complex data from multiple sources to create clear, actionable insights and recommendations. As a trusted advisor, you'll connect business units, contract management, vendors, and legal partners to facilitate effective collaboration. You'll proactively manage your workstream, optimizing processes for efficiency and data quality, and ensuring timelines are met. You'll leverage SAM tools such as ServiceNow SAM Pro, SCCM, and other software discovery tools, using advanced analytics to support licensing optimization and compliance initiatives. Additionally, you'll provide guidance and support to your team, helping them complete renewals on time and fostering their professional growth.

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 1-2 days per week on-site, while other days will be remote  

How you’ll succeed  

  • Strategic Leadership & Team Management - Lead and mentor your team in daily operations, ensuring timely renewals and compliance with vendors. Champion talent development by providing feedback and creating growth plans, while supporting leads in resolving compliance issues.

  • Analytical Insights & Process Optimization - Use SAM tools such as ServiceNow SAM Pro, SCCM, and advanced analytics—including AI capabilities like Copilot and CIBC’s in-house tool CAI—to optimize licensing and compliance initiatives. Evaluate entitlement gaps, consumption trends, and compliance exposure across multiple vendors, and identify opportunities for automation and cost savings.

  • Partnership & Vendor Relations - Build strong relationships with procurement, technology teams, product owners, vendor management, and finance. Represent SAM confidently during reviews and discussions, and act as a subject matter expert for major software publishers including IBM, Oracle, Microsoft, Broadcom, and OpenText. Support vendor audits and interpret licensing terms, contract entitlements, and consumption reports.

  • Licensing Governance & Operational Excellence - Oversee daily SAM activities such as entitlement validation, license reconciliation, software catalog accuracy, discovery reviews, configuration adjustments, and reporting. Maintain expertise in key licensing models—perpetual, concurrent, subscription, PVU, core-based, cloud consumption—and provide guidance to technology and business partners.

  • Continuous Improvement & Values - Drive the ongoing enhancement of SAM governance, AI adoption, operational procedures, and audit workflows. Uphold CIBC’s values of trust, teamwork, and accountability, and contribute to an inclusive, collaborative environment focused on risk reduction and operational excellence.

  

Who you are  

  • You can demonstrate 5+ years of experience in software asset management, ITAM, and service management processes. You have hands-on experience with SAM tools such as ServiceNow SAM Pro and SCCM, and can interpret entitlements, licensing models, contracts, and consumption data. You have supported audits, renewals, and optimization activities in large enterprise environments. You excel in advanced Excel and modern AI tools like Copilot and/or CIBC’s CAI, using analytics and automation to improve SAM accuracy, efficiency, and reporting. You enjoy investigating complex problems and making sense of information, communicating details clearly and meaningfully.

  • You have ability to manage multiple priorities. Ability to manage multiple concurrent objectives, projects, groups or activities. Effective judgment in prioritizing and time allocation.

  • You have decision making and critical thinking skill. You have knowledge of tools and techniques for effective use of a broad range of factors, assumptions, frameworks and perspectives when solving problems.

  • You’re a relationship builder. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.  

  • 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.

  • 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

  • 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-81 Bay, 32nd Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Applications Development, Business Requirements, Compliance Programs, Compliance Tracking, Contract Agreements, Contract Management, Entitlement Management, Investigating, IT Asset Management (ITAM), IT Process Improvement, Operational Efficiency, Software Asset Management (SAM), Strategic Objectives, System Applications, Technical Leadership, Vendor Management