Commercial Real Estate Credit Officer
Commercial Real Estate Credit Officer
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$ 165000 - 180000
1 Vacancy
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
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
CIBC Bank USAs Commercial Real Estate Credit Risk Management department is responsible for managing the credit risk of the Commercial Real Estate lending activity of the organization.
What Youll Be Doing
Reporting to the Senior Director Commercial Real Estate Credit Risk in the US Region the Commercial Real Estate Credit Officer is accountable for managing a material corporate credit portfolio and recommending new or revised credit-related polices applicable to the portfolio. The role is also required to liaise closely with CIBC business officers corporate governance officers and other risk managers with regard to managing credit risk transactions and issues involving multi-jurisdictional parties.
How Youll Succeed
In this role you will leverage your expertise in Commercial Real Estate (CRE) to ensure sound credit decisions and risk management. Your success will be driven by your ability to:
- Evaluate Credit Worthiness: Assess and advise on the credit worthiness of proposed Commercial Real Estate transactions ensuring alignment with the Banks credit policies and risk objectives.
- Ensure Compliance: Monitor and ensure that credit parameters for new loan opportunities adhere to established guidelines standards and risk objectives.
- Establish Credit Structures: Develop and oversee appropriate credit structures for both new and existing credits ensuring they are effectively monitored.
- Conduct Thorough Reviews: Perform detailed reviews of credit packages providing input to guarantee that all due diligence is complete and accurate.
- Adhere to Risk Rating Framework: Ensure that all recommended risk ratings conform to the Banks risk rating framework maintaining high standards of accuracy.
- Communicate Effectively: Collaborate closely with the Senior Director to communicate credit expectations and the Banks risk appetite clearly.
- Make Informed Decisions: Approve or decline credits within established limits consulting with the Senior Director on recommendations for larger loan amounts.
- Highlight Key Risks: Assess all CRE credits presented to the Chief Credit Officer emphasizing key risks and mitigants.
- Identify Risks in Meetings: Attend CRE Pre-screen meetings to identify key credit risks and ensure required due diligence is conducted.
- Mentor Team Members: Provide mentorship to credit analysts and junior loan officers fostering their professional development in CRE.
- Monitor Portfolio Quality: Assist in monitoring portfolio asset quality and participate in quarterly portfolio management meetings including Criticized Asset Management discussions.
- Ensure Regulatory Compliance: Help monitor compliance with credit policy and regulatory requirements ensuring the Banks adherence to standards.
- Drive Efficiencies: Collaborate with the Senior Director to create efficiencies within CRE Credit Risk processes.
- Stay Informed: Participate in industry meetings and conferences to remain current on trends credit approaches and regulatory changes.
- Engage in Strategic Projects: Contribute to strategic Credit Risk projects as assigned supporting the overall objectives of the organization.
Who you Are
You are a dedicated professional with a strong background in Commercial Real Estate Credit Risk equipped with the skills and knowledge necessary to excel in this role. Your qualifications include:
- Educational Background: A Bachelors degree in business or finance is required; an advanced degree is considered an asset.
- Relevant Experience: A minimum of 5 years of experience in Commercial Real Estate Credit Risk or a related field within a US Commercial Bank.
- Interpersonal Skills: Exceptional ability to interact effectively with all levels of staff and management fostering strong working relationships.
- Team Player: Capable of working independently while also thriving in a collaborative team environment.
- Analytical Expertise: Excellent technical and analytical skills enabling you to assess complex credit situations and make informed decisions.
- Communication Proficiency: Strong verbal and written communication skills allowing you to convey information clearly and effectively.
- Organizational Skills: Strong organizational and presentation skills ensuring that you can manage multiple tasks and present findings professionally.
- Technical Proficiency: Proficient in the MS Office Suite with the ability to utilize various tools to enhance productivity and reporting.
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 $165000-$180000 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.
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 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 8th FlEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking Credit Decisions Credit Risk Management Financial Analysis Project Management Relationship BuildingRequired Experience:
Unclear Seniority
Employment Type
Full-Time
