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:

The Associate will be responsible for managing and monitoring a portfolio of Corporate clients.  This includes leading key aspects of deal execution including the credit risk assessment as well as ongoing portfolio management including annual credit reviews, limit monitoring, approvals for ancillary products such as derivatives, trade finance etc. You will be working closely with the Relationship Management team on client relationships to support the firm’s Capital Markets origination efforts. The Associate will sit in the US Corporate Bank in New York reporting to the Head of Corporate Portfolio Management.

How You’ll Succeed:

Take over the daily and long-term portfolio management responsibility for a group of Corporate clients within the Consumer, Industrials and Technology, Media, Telecom verticals Review and evaluation of Borrower Credit/Amendment/Extension requests including preparation of accurate and well analyzed risk analysis/ conclusion, financial modelling and coordination of Credit Application process with Risk ManagementOversee onboarding process for new clients including securing KYC & AML approvals as well as coordination with back office on Admin details and funding instructions to ensure a smooth transaction closeMonitor internal ratings and credit exposure for your portfolio and track on time delivery of Borrower’s compliance statements/financial reportingLead Annual Reviews for your portfolio including refresh of internal ratings models and AML / KYCProactively update Relationship Management & Risk Management with material news or developments on your client portfolioCoordinate and support on day-to-day operational matters including loan draws/payoffs, temporary increases, overdraft approvals etc.Coordinate and execute legal documentation in conjunction with internal credit approvalRespond to requests from internal and external Auditors and Bank ExaminersSupport with internal reporting or other strategic initiatives including development of internal policies, rating models and other toolsThis job in on-site 5 days a week

Who You Are:

Minimum 3+ years of relevant work experience. A Bachelor’s degree is required; MBA or other relevant professional designation is a plusStrong work ethic, with attention to detail and creative problem-solving and excellent customer service/relationship skillsTeam Player- ability to work in a dynamic team environment where priorities are shifting frequentlyStrong analytical capabilities with experience performing financial & credit analysesAdvanced understanding of key accounting and credit conceptsExcellent oral and written communication skills with solid technical writing skills (financial & risk assessments)Ability to influence discussions with key internal stakeholders including Relationship Management, Risk Management & Portfolio Management leadership, other banks, and Borrowers it.

Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

 #LI-TA

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 $150,000-$175,000 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., 8th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business, Business Development, Capital Markets, Credit, Credit Risk Management, Customer Experience (CX), Debt, Due Diligence, Finance, Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Investments, Leadership, Portfolio Management, Researching