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
JOB PURPOSE
Assist Relationship Managers, Portfolio Managers and Group Portfolio Managers with client activities, reports and escalations regarding renewals, portfolio maintenance, Underwriting/Credit approvals, presentations and other related activities as directed and required within the Commercial Healthcare Group. Clients are those related to Skilled Nursing, Long-term care/Assisted Living, and Memory Care facilities.
KEY ACCOUNTABILITIES
Assist Relationship Managers with the following:
- Renewal activities with existing clients
- Maintaining Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs)
- Cross-sell Activities
- Collecting information requested for any audits or regulatory exams
- Client portfolio maintenance requests
- Pre-call preparation and post-call follow-up
Assist Portfolio Managers and Group Portfolio Managers with Underwriting/Credit Approval with the following:
- Run A-IRB ODR / LGD models
- Complete underwriting and loan presentations, with focus on:
o Annual reviews
o Straight-forward renewals
o Amendments
Client Portfolio Maintenance
- Collect customer financial reporting / covenants
- Upload/submit customer information received
- Submit Credit Lens spread requests
- Order appraisals, appraisal / environmental reviews, flood due diligence
- Review customer financial reporting / covenants, recommend adjustments to risk ratings and research trends
- Review spreads, appraisals and other due diligence received
- Escalate potential issues / areas of concern to PM III-IV
- Has direct client contact in performing responsibilities as needed
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
- As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
AUTHORITIES/DECISION RIGHTS
- As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.
CONDUCT & CULTURE RISK
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
- Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
- At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
- Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
- Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
- Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls
- Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
- Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution
KNOWLEDGE AND SKILLS
- Preferred Formal Education: Bachelor's Degree
- Minimum years of experience: 2-5 years
- Developing ability to produce an LP with supervision
- Completion of Commercial Banking Training Program or equivalent credit training program
- Developing knowledge of risk models and systems
WORKING CONDITIONS
·This role operates within a normal office environment
- In-office position, downtown Chicago
California residents — your privacy rights regarding your actual or prospective employment
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
IL-120 S LaSalle St
Employment Type
Regular
Weekly Hours
40
Skills
Business Development, Client Service, Competitive Intelligence (CI), Customer Retentions, Ensure Compliance, Investment Research, Portfolio Management, Relationship Management
