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 a Community Development Affordable Housing Relationship Manager (RM), you’ll play a vital role in supporting community development initiatives by underwriting, originating, and managing a portfolio of loans focused on low-income housing tax-credit (LIHTC) financed projects. You’ll work directly with clients throughout the entire loan life cycle, ensuring that their needs are met while aligning with the bank’s CRA objectives.
This role requires building and maintaining strong client relationships and representing CIBC in community development and affordable housing-related forums. You’ll manage all aspects of loan processes, from initial client engagement to credit approval and closing, while ensuring compliance with internal policies and external regulations.
How you’ll succeed
• Build client relationships: Cultivate and maintain relationships with clients and financial partners to support community development affordable housing initiatives, particularly LIHTC projects.
• Own the loan life cycle: Manage all phases of the loan process, including underwriting, credit approval, loan closing, and portfolio management.
• Be a community development advocate: Represent CIBC in affordable housing and community development-related settings, showcasing our commitment to community revitalization.
• Stay informed: Maintain a strong knowledge base of community development financing programs, financial products, bank credit policies, underwriting standards, and CRA objectives.
• Provide solutions: Think outside the box to identify creative solutions that address client needs while meeting CIBC’s standards.
• Ensure compliance: Collect and manage all project and client documentation to meet due diligence requirements, achieve credit approvals, and ensure successful loan closings.
Who you are
• Client-focused: You thrive on building meaningful relationships and delivering tailored solutions to meet client needs.
• Detail-oriented: You manage multiple projects and timelines effectively while paying attention to every detail.
• Critical thinker: You analyze complex situations, identify opportunities, and implement solutions that support community development goals.
• Collaborative: You communicate effectively and work well with clients, financial partners, and internal teams.
• Purpose-driven: You’re passionate about advancing affordable housing and community development initiatives.
• Results-driven: You achieve objectives while upholding the highest standards of integrity and compliance.
What you need to succeed
• Education: A bachelor’s degree is required, and a master’s degree in community development, urban planning, real estate finance, or a related field is preferred.
• Experience: At least five to seven years of professional experience in community development finance, real estate finance, urban planning, or commercial banking. Direct experience with LIHTC projects is highly preferred.
• Skills:
Strong critical thinking, attention to detail, and ability to manage multiple projects independently.
Excellent customer service, interpersonal, and communication skills.
Proficiency in Excel, Word, and PowerPoint.
Knowledge: Comprehensive understanding of community development financing programs, CRA objectives, and bank credit policies.
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 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
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 $125,000 - $160,000 for the Chicago, IL 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 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 during the application or interview process, 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.
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
Analytical Reports, Business Development, Business Initiatives, Client Service, Customer Retentions, Investment Research, New Business Acquisition
