Loan Operations Specialist - Collateral Release
Loan Operations Specialist - Collateral Release
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$ 65000 - 80000
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
What Youll Be Doing
As a member of CIBCs Loan Operations team youll work in a fast-paced back-office operational environment where youll make a meaningful difference in our clients lives. As a Specialist youll be accountable for providing professional and timely support by completing a thorough review of consumer and commercial loan documents and processing paid loan reports and partial release requests from internal stakeholders (e.g. Banking Centers LOB and Loan Closers) and ensuring the collateral release is prepared timely and in accordance to policies and procedures for processing. You will work with the Line of Business to ensure LOB satisfaction and productivity standards are achieved and Service Level Agreements (SLA) are met or exceeded by following well-defined procedures and guidelines and escalating issues as appropriate. This is currently a Hybrid Schedule however may be adjusted in the future to align with the Bank and department needs.
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 2 days per week on-site while other days will be remote.
Who You Are
- You engage with your heart and mind. You care about people and understand different perspectives. You listen and learn from the experiences of others.
- You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.
- Youre driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
- You embrace and champion change. Youll continuously evolve your thinking and the way you work in order to deliver your best.
- 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.
- Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
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 $65000.00 - $80000.00 for the Chicago 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-70 W Madison St 8th FlEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking Banking Operations Business Business Loans Business Operations Commercial Services Consumer Loans Customer Service Loan Documentation Loan Operations Microsoft Windows Prioritization Quality Assurance (QA) Technical KnowledgeRequired Experience:
Unclear Seniority
Employment Type
Full-Time
