Sr. Portfolio Manager & Managing Director
Sr. Portfolio Manager & Managing Director
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$ 185000 - 200000
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
Portfolio Manager responsible for handling a number of specialty finance clients. Responsibilities include: underwriting existing and new credits credit monitoring of clients interact with CRM and senior LOB as it relates to client requests manage the closing process with the attorney and loan closer handle daily client needs (ie draw requests wires ect).
How Youll Succeed
Client Sales
Serve as the clients primary contact/resource/advocate at the Bank for portfolio related issues/reporting/maintenance or new requests on existing credit
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
Client Portfolio Maintenance
Work with CIS Relationship Support to update / correct identified data issues
Address upcoming maturities and annual reviews on time; help remediate payment past dues
Ensure all customer financial reporting / covenants are collected on timeSupport 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 and quarterly trend cards / reviews
Prepare FAS 114 memo / analysis
Complete quarterly SOX controls and ensure accurate risk ratings at all times for covered portfolio
Respond to approval requests for overdrafts manual wires NSF wires ACH suspensions etc.
Review borrowing base availability and approve loan advances
Coordinate onboarding deposit account opening and TM setup activities
Respond to approval requests for overdrafts manual wires NSF wires ACH suspensions etc.
Review borrowing base availability and approve loan advances
Review pricing grid / tickler reports to ensure pricing and fees have been applied / adjusted correctly
Renewal activities with existing clients PM leading associated activities with RM input
Has direct client contact in performing responsibilities as needed
Client Penetration/Cross Sell
Consults with the RM on cross-sell opportunities
Management Responsibilities and Team Training
Mentor and provide situational training support to Associates and Sr. Associates
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)
Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.
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.
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $185000.00 - $200000.00 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.
#LI-TA
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.
*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 StEmployment Type
RegularWeekly Hours
40Skills
UnderwritingRequired Experience:
Director
Employment Type
Full-Time
