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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

Business Unit Description

Loan Syndications (“LSG”) US includes syndicate and sales functions and is CIBC’s face to the loan market, providing (i) market information, (ii) investor coverage and (iii) arranging, underwriting and distribution capabilities in order to serve CIBC clients’ capital raising needs.

Syndicate: LSG provides loan market and deal-specific analysis and advice to (i) facilitate CIBC’s loan investment decision making, (ii) mitigate market risk when providing underwritings, (iii) enhance risk-adjusted returns on capital and (iv) support capital rotation.

Distribution: LSG maintains strong relationships with loan market investors globally and distributes all CIBC-originated loans in the primary market. Through its secondary market execution capabilities, LSG is a (i) provider of liquidity and capital relief, (ii) sourcer of new business opportunities and (iii) facilitator of active portfolio management. LSG facilitates secondary market information flow and executes purchases and sales.

These activities support CIBC's leading position in the loan markets as an advisor and debt arranger for core clients, both for corporate and structured financings. The objective of these activities is to mitigate market risk and enhance risk-adjusted returns on capital and facilitate active portfolio management, optimizing execution in the market for CIBC and its clients.

LSG’s strong investor relationships are an integral part of the “cross-sell value chain”, adding to the bank’s capability to underwrite and lead financings (the originate-to-distribute strategy), providing deeper client penetration and the ability to pursue additional fee opportunities across products and geographies.

What You’ll Be Doing

The Director will be responsible for:

Primary Market Business: the origination, structuring and distribution of underwritten and arranged syndicated credits within identified industry portfolios in the corporate bank’s loan portfolio in the US and

Secondary Market Business: covering a portion of >200 commercial bank as well as numerous non-bank investors in the loan market to facilitate purchases and sales for the bank’s portfolio, enhancing capital efficiency and maximizing loan portfolio profitability.

Analysis of the financial markets generally and loan markets specifically, financing trends, deal database management, investor database management, and other related subjects will be part of daily duties, as will contributing to and presenting client pitches and internal presentations.

The Director will participate in the development and execution of overall business strategies.

How You’ll Succeed

Researching and monitoring primary and secondary loan market trends including structural, documentation and price trends, investor behavior and other financial market metrics and incorporate same into financing proposals for issuers as well as communicate these effectively both to internal and external clients

Researching and monitoring client-/borrower- as well as industry-specific credit and business trends both for structuring new loan proposals and client pitches as well as for responding to investor due diligence questions, both in primary distribution and for secondary market sales

Preparing the Syndications sections of new business (“Global Deals Committee”) memos and underwriting proposals and presenting at said committee meetings

Maintaining databases of loans and loan investors and ongoing contact with loan investors

Organizing and managing deal launches, bank meetings and marketing events

During primary distribution phases of syndications, helping research and answer investor questions

During secondary closing processes, ensuring the timely and efficient closing of purchases and sales

For loan underwritings, the Director authors a situation appropriate market risk analysis (the Loan Underwriting Committee Assessment), including supporting data, liquidity analysis, comparable transaction analysis, an analysis of prevailing market conditions, helping craft risk mitigation strategies and distribution options for achieving CIBC’s Sell-Down Target

As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls

Work effectively within CIBC's corporate governance practices and policies (e.g,. Risk Management, Finance, Human Resources, Legal and Compliance) to ensure all potential risks are appropriately addressed and that CIBC legal/reputational issues and shareholder objectives are covered

Develop a personal profile within the firm and assist in maintaining a high profile for the firm within and outside the financial community.  Meet with investors/market participants, clients and other business partners, always representing CIBC professionally and appropriately and adhering to CIBC’s Code of Conduct

Who You Are

Degree in Economics, Accounting, Finance or related field

Minimum 6 years related experience; MBA, CFA or other relevant professional designation preferred

Demonstrated knowledge of capital markets, investment banking, private/public debt and equity capital markets, trade finance, foreign exchange, commercial paper, securitization and financial products

Well-developed knowledge of corporate credit, experience in analyzing credit proposals and modeling, excellent understanding of financial statements and accounting principles

Excellent English written and verbal communication skills, foreign languages a plus

Excellent presentation skills, ability to create and maintain good relationships with clients and market peers

Ability to work in a results oriented team, centered on clients

Able to deal professionally with complexity under tight deadlines

Well-developed organizational skills in order to respond to shifting priorities on several simultaneous projects

Ability to operate Microsoft Office software, particularly Word, Excel and PowerPoint

#LI-TA

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At CIBC, we offer a competitive total rewards package. This role has an expected salary of $200,000 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 Banking, Business Development, Business Solutions, Credit Analysis, Customer Experience (CX), Financial Markets Analysis