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.comKEY ACCOUNTABILITIES Attend Pre-Screen meetings and hold individual deal screens with Commercial Bankers, Market Managers, Regional Managers, Head of Custom Credit, Chief Operating Officer and / or Group Head to jointly discuss the structure, risk and resources.Works closely with team to navigate deals through the credit approval process. Act as resource for team and Commercial Bankers on LP reviews.Advise on credit actions related to the existing portfolio (e.g., structure, waivers, modifications).Ensure past dues, reviews, renewals, and reporting are timely and oversee Commercial Bankers to ensure risk ratings are
as a liaison with Credit Risk Management.Provide guidance of the portfolio to oversee the deal through underwriting to approval.Provide guidance to Commercial Bankers in moving the deal from approval to closing.Works with deal team members to identify and address bottlenecks / issues with moving a deal through the Credit and Loan Closing process.Advise Commercial Bankers and Market Managers on portfolio trends to facilitate consistency in deal structuring.Attend industry events to maintain current market knowledge.Maintain strong partnerships with other business functions / units (i.e. Commercial, Commercial Real Estate, Asset Management within Private Wealth, cross-sell partners and loan services).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.As a manager of people, this job must ensure all employees within the business unit 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.As a manager of people, this job has the authority to assign tasks to employees within their span of control, select individuals for hire, assess individual performance, make employee compensation decisions and take disciplinary measures up to and including
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 controlsAt all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goalsUnderstanding and following the qualitative and quantitative components of our Risk Appetite StatementsCompleting 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 undertakingsEscalating 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 controlsSpeaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholdersEscalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institutionKNOWLEDGE AND SKILLS Degree in Business, Finance, Accounting, Economics, preferred.Minimum 10 years' experience in Commercial Banking as a Commercial Relationship Manager / Portfolio Manager or equivalent.Ability to prove credit expertise within a specific commercial banking industry or verticalFormal Credit Training preferredSupervisory experience an assetAbility to foster and maintain commercial relationships with high level of competencyAbility to identify risk within credit requestsProficient in Microsoft Office products with advanced knowledge financial analysis and modelingExpected to be well versed in all key systems, applications, and models usedOn-going learning within the industry to maintain current market knowledgeCompletion of Commercial Banking Training Program or equivalentWORKING CONDITIONS This role operates within a normal office environmentAt CIBC, we offer a competitive total rewards package. This role has an expected salary range of $175,000.00 - $230,000.00 for the 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 may also 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.California residents - your privacy rights regarding your actual or prospective employment #LI-TAAt CIBC, your goals are a priority. We start with your strengths, ambitions and strive to create opportunities to tap into your potential. What you need to knowCIBC 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, 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.Expected End DateJob LocationFL-Miami, 2811 Ponce De Leon Blvd, Ste 510Employment TypeRegularWeekly Hours40SkillsAnalytical Thinking, Credit Negotiations, Decision Making, Ensure Compliance, Relationship Building, Risk Assessments, Risk Management and Mitigation, Underwriting
Commercial Portfolio Manager • Fort Lauderdale, FL, United States