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:
As an Analyst/Associate, you will oversee and manage fund finance transactions from initiation to completion. Draft, review, and negotiate loan agreements, security documents, and related transaction materials. Your role will include underwriting new deals and regular monitoring of a portfolio of Innovation Banking fund finance loan accounts to ensure compliance with all agreed terms, assist in the development of portfolio monitoring tools and databases to track collateral and borrower performance, analyzing due diligence results to assist in validating lending eligibility, and assist in the preparation of credit applications and other credit correspondence. In addition to managing the portfolio, you will assist the Origination deal team with client relationship management. You will also work with the broader Innovation Banking team (Technology Bankers), supporting deal flow related to fund finance.
How You’ll Succeed:
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You can demonstrate experience with: Clients and internal stakeholders.
You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
Requires 3+ years of work experience, preferably in commercial credit analysis, commercial.
BS/BA Degree in Finance, Statistics, Math or Economics; MBA a plus, CFA a plus
The ability to conduct credit analysis to underwrite a capital call line of credit utilizing collateral, financial and documentary information.
Understanding the venture capital / private equity fund ecosystem is a plus.
Must be able to work independently and quickly gain a thorough knowledge of CIBC’s banking operations and processes.
Must have strong organizational and time management skills, and excellent verbal, written, interpersonal communication, and facilitation skills to help lead meetings with clients, counsel or other project contributors or stakeholders.
Self-starter with a proven ability to manage multiple priorities and to work independently.
Good communication, interpersonal & team skills. Comfortable with working both with a small, fast pace, fast growing team as well as in a greater, cross-border, multi-cultural team-based environment.
Must be highly motivated, perseverant and resilient in pursuing objectives despite challenges.
Must be able to collaborate with all related business partners internally and externally.
Prefer deep experience from a large financial institution that has credit product offering to funds.
Software: Demonstrated proficiency working with computers and Microsoft Office applications (specifically, Outlook, Excel, Word, and PowerPoint) and comfort working with databases.
Knowledge of SAS, SQL or other data management computer language is a plus but not required
Have ability to travel as needed.
All postings must include the following attribute:
#LI-TA
What CIBC Offers:
At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:
Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
CIBC Innovation Banking supports all sizes of venture capital and growth equity firms.
As an investor, we understand your priority is deal origination and enhancing your internal rate of return. Your fund and firm's finances require security, predictability and flexibility.
Our team offers capital call lines, subscription lines, management working capital lines and partner loans in addition to CIBC’s cash management capabilities.
California residents — your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $120K-$145K for the New York, NY market 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. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
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*, 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
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). 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
NY-300 Madison Ave., 5th Floor
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Banking, Business Development, Client Relationship Building, Collaboration, Credit, Credit Risk Management, Customer Experience (CX), Finance, Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Hiring, Innovation, Lending, Loan, Portfolio Management, Researching
