Talent.com
No longer accepting applications
Commercial Real Estate Group Portfolio Manager

Commercial Real Estate Group Portfolio Manager

Illinois StaffingChicago, IL, US
4 days ago
Job type
  • Full-time
Job description

Group Portfolio Manager

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.

The Group Portfolio Manager (GPM) primary purpose is to ensure objectives related to internal portfolio management are met, in addition to overseeing the workflow of the Commercial Team of PM's and commercial lending Associates. Additionally, the GPM will serve as the Group Head's internal delegate. This position will provide approval within established guidelines for daily credit / portfolio administrative activity.

What You'll Be Doing

The Group Portfolio Manager will be responsible for but not limited to the following activities. Primary responsibilities for this position will be that of Portfolio Management and ensuring that the 1A risk management activities are executed in a manner consistent with CIBC's risk culture.

How You'll Succeed

  • Set appropriate context when assigning work to ensure that individuals' roles support the achievement of the business unit's priorities and CIBC's overall goals.
  • Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training.
  • Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.
  • Create a positive work environment and being an effective role model by championing CIBC's mission, vision and values.
  • Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect.

Who You Are

  • Work collaboratively : Jointly work with RM, Market Lead and Group Head and advised on deal structure, risk and resources.
  • Manage workflow and maintain an accurate pipeline of all opportunities in Salesforce, and ensure visibility to support teams.
  • Exercise credit approval authority (non-LPO) for certain credit products and processes up to approved limits.
  • Client Onboarding / Closing : Manage workflow / pipeline and ensure visibility to support teams.
  • Support efforts of the Deal Team (RM, PM, Commercial Banking Specialist) to ensure onboarding / closing client experience is optimized by acting as the escalation point to resolve issues.
  • Client Portfolio Maintenance : Expected to engage with RMs, PMs and Associates strategically to help address issues or roadblocks, and to ensure timely and proper execution of PM activities within their areas of coverage.
  • Ensure reviews, renewals, and reporting are timely and oversee PMs to ensure risk ratings are accurate and reviews all loan presentations prior to submission.
  • Report past due status (e.g. R / A / G reports) to HPA.
  • Primary representative of Group in portfolio review meetings and will have knowledge of the risk points with the portfolio (portfolio concentration limits, portfolio mix, etc.)
  • Sign off on pricing grid reviews and ensure past due tickler report items are remediated.
  • Attend Loan Committee meetings to support RMs / Market Leaders on behalf of Group Head and responsible for understanding potential risks.
  • Enhanced Oversight Officer ("EOO") role on all transactions rated 5W and worse.
  • Sign off on quarterly SOX controls.
  • Support the Group to prepare for Credit Review or FRB / FDIC / OSFI exams.
  • Ensure team readiness for CAMP and quarterly trend card / review meeting including review of submission materials as well as Shared National credit exams.
  • Review all FAS 114 specific reserve / impairment materials prior to submission.
  • Coordinate manual data collection efforts (i.e. situations not automated / sourced from system).
  • Has direct client contact in performing responsibilities as needed.
  • 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 $140,000.00- $165,000.00 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. This position does not offer visa sponsorship.

    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.

    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, 11th Fl

    Employment Type : Regular

    Weekly Hours : 40

    Skills : Commercial Real Estate, Covenants, Credit Approvals, Loan, Loan Modifications, Monthly Reporting, Portfolio Management, Quarterly Reports, Real Estate, Real Estate Portfolios, Reporting Requirements, Risk Ratings

    At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values : Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

    Create a job alert for this search

    Portfolio Manager Commercial Real Estate • Chicago, IL, US

    Related jobs
    • Promoted
    Remote Senior Financial Analyst ($50-$60 / hour)

    Remote Senior Financial Analyst ($50-$60 / hour)

    Data AnnotationGary, Indiana
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of ...Show moreLast updated: 18 days ago
    • Promoted
    Remote FP&A Manager – AI Trainer ($50-$60 / hour)

    Remote FP&A Manager – AI Trainer ($50-$60 / hour)

    Data AnnotationGary, Indiana
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of ...Show moreLast updated: 18 days ago
    • Promoted
    Insurance Sales Agent - Bonuses and Travel Incentives

    Insurance Sales Agent - Bonuses and Travel Incentives

    Platinum Supplemental InsuranceGary, Indiana
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 30+ days ago
    • Promoted
    Manager, Real Estate Tax

    Manager, Real Estate Tax

    VentasChicago, IL, US
    Full-time
    The Manager, Real Estate Tax will support the Director, Real Estate Tax to ensure the lowest possible real estate tax is assessed. This position will primarily be responsible for deal-underwriting.T...Show moreLast updated: 11 days ago
    • Promoted
    Sales Representative - Bonuses and Travel Incentives

    Sales Representative - Bonuses and Travel Incentives

    Platinum Supplemental InsuranceGary, Indiana
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 30+ days ago
    • Promoted
    Client Manager, Commercial Real Estate

    Client Manager, Commercial Real Estate

    CibcChicago, IL, US
    Full-time
    Commercial Banking Relationship Manager.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 c...Show moreLast updated: 30+ days ago
    • Promoted
    Preferred Relationship Manager

    Preferred Relationship Manager

    Fifth Third BankEvergreen Park, IL, United States
    Full-time
    Make banking a Fifth Third better.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. A sales position responsible f...Show moreLast updated: 30+ days ago
    • Promoted
    Portfolio Manager - Commercial Real Estate

    Portfolio Manager - Commercial Real Estate

    BmoChicago, IL, US
    Part-time
    This position is a key member of the Bank's Commercial Real Estate group, collaborating with Relationship Managers to deliver well-structured loan solutions for commercial real estate customers acr...Show moreLast updated: 30+ days ago
    • Promoted
    Insurance Sales Representative - Luxury Travel Incentives

    Insurance Sales Representative - Luxury Travel Incentives

    Platinum Supplemental InsuranceGary, Indiana
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Portfolio Manager - Commercial Real Estate

    Portfolio Manager - Commercial Real Estate

    Chicago StaffingChicago, IL, US
    Part-time
    This position is a key member of the Bank's Commercial Real Estate group, collaborating with Relationship Managers to deliver well-structured loan solutions for commercial real estate customers acr...Show moreLast updated: 5 hours ago
    • Promoted
    Remote Finance Director - AI Trainer ($50-$60 / hour)

    Remote Finance Director - AI Trainer ($50-$60 / hour)

    Data AnnotationGary, Indiana
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of ...Show moreLast updated: 18 days ago
    • Promoted
    Outside Insurance Sales - Luxury Travel Incentives

    Outside Insurance Sales - Luxury Travel Incentives

    Platinum Supplemental InsuranceGary, Indiana
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 30+ days ago
    • Promoted
    Outside Insurance Sales - Bonuses and Travel Incentives

    Outside Insurance Sales - Bonuses and Travel Incentives

    Platinum Supplemental InsuranceGary, Indiana
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 30+ days ago
    • Promoted
    Property Manager

    Property Manager

    Clear Height PropertiesHinsdale, IL, US
    Full-time
    ONLY HIGH-PERFORMERS BEYOND THIS POINT.If you're ready to run your properties like a business, stay two steps ahead of problems, and deliver an exceptional tenant experience every single day - we'r...Show moreLast updated: 4 days ago
    • Promoted
    Portfolio Manager - Commercial Real Estate

    Portfolio Manager - Commercial Real Estate

    BMO FinancialChicago, IL, United States
    Part-time
    This position is a key member of the Banks Commercial Real Estate group, collaborating with Relationship Managers to deliver well-structured loan solutions for commercial real estate customers acro...Show moreLast updated: 3 days ago
    • Promoted
    Senior Commercial Real Estate Banker

    Senior Commercial Real Estate Banker

    Wintrust FinancialNorthbrook, IL, US
    Full-time
    Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated so...Show moreLast updated: 4 days ago
    Real Estate Broker

    Real Estate Broker

    CBIZUSA, Illinois, Chicago
    Full-time
    With unmatched industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers forward-thinking insights and actionable solutions to help clients a...Show moreLast updated: 25 days ago
    • Promoted
    Sales Representative - Luxury Travel Incentives

    Sales Representative - Luxury Travel Incentives

    Platinum Supplemental InsuranceGary, Indiana
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 30+ days ago