Position OverviewReporting to the AVP, Business Analytics the Director, Client and Product Profitability (CPP) Modelling is responsible for the development and execution of profitability models, focusing on optimizing client and product profitability analysis. The role requires deep technical understanding of financial and cost allocation modelling and extensive experience with SAS applications. The Director will drive technical modeling functions that support profitability across products and clients, ensuring data integrity and governance throughout the process.ResponsibilitiesLead the development and maintenance of client product and profitability allocation models, ensuring accurate and reliable calculations using SAS or similar applications.Support the maintenance of prospect pricing model that supports the creation of competitive and profitable pricing strategies for new clients and prospects. Ensure this model is scalable and aligned with business objectives.Ensure all profitability models are designed and implemented in line with best practices for data governance, ensuring data integrity, consistency and security throughout the process.Validate the output of profitability models to ensure that results are accurate, reliable and consistent with business assumptions and objectives.Collaborate with internal business units to gather, manage and validate data, ensuring information used in the modelling is accurate, timely and of high quality.Develop a playbook for profitability model inputs that also establishes data governance standards including policies for data quality, validation and reconciliation.Oversee the configuration and maintenance of SAS profitability application,



working closely with stakeholders to ensure integration with internal systems.Develop and implement robust methodologies for revenue and cost allocation and unit costing.Conduct regular reviews of profitability model, including the prospect pricing model, to ensure continued relevance and alignment with business objectives and requirements.Assist in preparing communications and presentations for senior leadership to share insights on a scheduled and ad‑hoc basis including client dashboards, trend & scenario analysis, cost‑benefit analysis, variance analysis and driver‑based modeling.Lead and guide team members in support of their deliverables, priorities, attaining a high level of work quality.QualificationsMinimum 8 years experience in financial and cost modelling with a focus on profitability analysis.Advanced proficiency in SAS profitability and analytics tools (CPM/Viya).University degree in Finance, Data Science, Computer Science, Computer Engineering, or a related field. A Master’s degree or skilled designation (CPA, CFA) is an asset.Strong prioritization, analytical, presentation, project management and planning skills.Refined communication skills essential with peers, internal partners and management.Ability to effectively synthesize large amounts of ambiguous/unstructured data to provide value‑add analysis, reporting and support strategy development, monitoring and refinements.Base SalaryThe base salary range for this position is between $120,000 – $168,000 dependent on relevant experience.AccommodationCIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Please speak with your Recruitment Consultant if you require accommodations during the recruitment and selection process.#J-18808-Ljbffr

📌 Director, Client And Product Profitability - $120,000 - $168,000 A Year (Toronto)
🏢 CIBC Mellon
📍 Toronto