Director corporate banking

Full job description

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 Director, Portfolio Management will support the US PF&I Portfolio Management team and work with team lead on a loan book in the Renewable, Midstream, Energy Transition and Infrastructure sectors. The successful candidate will be flexible to work hours as needed to help deliver a great client experience, which may include evenings and weekends.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

• Participate in the completion of periodic reviews of current exposures, ensuring that they are completed and submitted to Credit Risk Management so that those reviews can be adjudicated within relevant deadlines

• Support borrower requests, waivers and amendments (in consultation with Credit Risk Management)

• Ongoing reporting and compliance with Credit Risk Management requirements including semi annual and annual portfolio reviews, periodic construction updates etc.

• Coordinate the preparation of materials for, and oversee the presentation of, PF&I credits at quarterly High-Risk Review

• In coordination with CIBC’s Agency team, monitor deals where CIBC is Administrative Agent for compliance with reporting covenants, financial covenants, cash sweep requirements, events of default, etc.

• Ensure required communication with lenders is provided on a timely basis including the posting of information to secure deal websites

• Driving improvements in the quality of US PF&I’s management information systems, including optimizing portfolio reporting, aggregating exposures by client etc.

• Assist the US Head of Project Finance & Infrastructure in preparing for annual Client Planning meetings

• Coordinate the US PF&I team’s response to requests from internal or external auditors, examiners, regulators etc.

• Where required, liaising with CIBC’s Special Loans unit in the management of distressed credits

• Ongoing management, mentoring and training of analyst, associate and director level staff within the team.

Who You Are

• Requires strong work ethic, with attention to detail and creative problem-solving and excellent customer service/relationship skills

• Team Player- ability to work in a dynamic team environment where priorities are shifting frequently.

• Ability to influence discussions and negotiations with other banks, advisors, and Borrowers.

• A Bachelor’s degree is required with a focus in finance or economics. MBA or Engineering background is a plus.

• Excellent English language skills with solid technical writing skills (financial & risk assessments).

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

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of USD$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

• 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, French proficiency, 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, Credit Risk Management, Credit Risks, Customer Experience (CX), Due Diligence, Finance, Financial Markets Analysis, Financial Modeling, Financial Statement Analysis, Investments