Portfolio Manager
Portfolio Manager
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$ 100000 - 130000
1 Vacancy
Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
What Youll Be Doing
The Commercial Real Estate Portfolio Manager is a professional responsible for managing a portfolio of real estate loans. The Portfolio Manager makes decisions on moderately complex issues managing all assigned business credits supervising the resolution of minor credit issues and actively participating in the resolution of more significant issues in a timely fashion. The role exercises independent judgement to establish and maintain relationships with risk management and other CIBC partners staying uptodate with market conditions economic trends products and services in order to provide sound business credit advice.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 4 days per week onsite while other days will be remote.
How Youll Succeed
The 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 execution of risk management activities in a manner consistent with CIBCs risk culture.
Client Portfolio Maintenance
- Address upcoming maturities and annual reviews on time Renewal activities with existing clients PM leading associated activities with RM input
- Help remediate payment past dues
- Ensure all customer financial reporting / covenants are collected on time
- Support closing team to ensure collection of outstanding loan document exceptions
- Follow up on past due real estate taxes / insurance certificates to clear exceptions
- Prepare CAMP reports
- Complete quarterly SOX controls and ensure accurate risk ratings at all times for covered portfolio
- Review borrowing base availability and approve loan advances
- Review pricing grid / tickler reports to ensure pricing and fees have been applied / adjusted correctly
- Remain active and engaged in periodic client calls and visits for assigned portfolio
- Has direct client contact in performing responsibilities as needed in coordination with the Relationship Manager
Client Activities
- Serve as the clients primary contact/resource/advocate at the Bank for portfolio related issues/reporting/maintenance or new requests on existing credits
- Renewal activities with existing clients PM leading associated activities with RM input
- Remain active and engaged in periodic client calls and visits for assigned portfolio
- Maintain Salesforce pipeline on existing clients (draws increases paydowns payoffs)
Client Onboarding/Closing
- Loan closing process responsible for driving the closing process with internal closing team and Portfolio Coordinator
- Engage RM as needed; primarily with respect to material changes to negotiated business terms with the client
Risk Management
- Support the GPM by supplying any required data for Credit Review or FRB/FDIC/OSFI during exams (i.e. review of specific credits)
Who You Are
- You demonstrate experience in supporting communications for senior executive leaders including events speaking notes communications planning and advice. You have led a team and are proficient in coaching and developing those around you. Youre creative resourceful and tenacious and believe communications should be engaging and meaningful. Youre an idea generator who can execute on those ideas and lead a team toward the finish line. Youre a natural storyteller and can find common threads and themes across businesses to tell an engaging meaningful story.
- You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because its the right thing to do.
- Youre driven to succeed. Youre motivated by accomplishing your goals and delivering your best to make an impact.
Risk & Compliance:
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leaderships 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 controls
- At all times acting in accordance with our Purpose and shared values to achieve our Banks strategic goals
- Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
- Completing all annual Corporate Mandatory Training and Testing modules as well as any additional businessspecific modules as required and employing the learnings in daily activities and undertakings
- Escalating 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 CIBCs policies frameworks guidelines processes and controls
- Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients team members or other stakeholders
- Escalating matters that can result in adverse market practices and outcomes thereby negatively impacting CIBCs reputation as a leading financial institution
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $100000.00 $130000.00 for the Chicago IL or Atlanta GA market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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.
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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 pointsbased 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 attributebased 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
IL120 S LaSalle St 11th FlEmployment Type
RegularWeekly Hours
40Skills
Business Credit Loan Portfolio Management Real Estate Risk ManagementRequired Experience:
Manager
Employment Type
Full-Time
