Group Portfolio Manager - Commercial Banking Credit
Group Portfolio Manager - Commercial Banking Credit
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Job Description
Were building a relationship-oriented 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
KEY 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 accurate.
Serve as a liaisonwith 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 termination.
CONDUCT & CULTURE RISK
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 business-specific modules as 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
KNOWLEDGE 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 vertical
Formal Credit Training preferred
Supervisory experience an asset
Ability to foster and maintain commercial relationships with high level of competency
Ability to identify risk within credit requests
Proficient in Microsoft Office products with advanced knowledge financial analysis and modeling
Expected to be well versed in all key systems applications and models used
On-going learning within the industry to maintain current market knowledge
Completion of Commercial Banking Training Program or equivalent
WORKING CONDITIONS
This role operates within a normal office environment
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $175000.00 - $230000.00 for the market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also 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) Holidaysand 401(k) in addition to other special perks reserved for our team members.
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At 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 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 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 Date
Job Location
FL-Miami 2811 Ponce De Leon Blvd Ste 510Employment Type
RegularWeekly Hours
40Skills
Analytical Thinking Credit Negotiations Decision Making Ensure Compliance Relationship Building Risk Assessments Risk Management and Mitigation UnderwritingRequired Experience:
Manager
Employment Type
Full-Time
