Private Banking Underwriter

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 Private Banking Underwriter you will be responsible for evaluating and structuring complex credit requests for high-net-worth clients including investment-backed lending program lending real estate-secured facilities and bespoke unsecured lending solutions. You will use your advanced financial analysis risk management and client service skills to deliver customized credit solutions that support CIBCs business objectives while maintaining strong risk controls. Your responsibilities include conducting thorough due diligence financial analysis and credit assessments to ensure sound risk management and the delivery of tailored financial solutions. You will work closely with relationship managers credit officers and other stakeholders to facilitate the approval of credit facilities ensuring compliance with internal policies and regulatory standards. As a senior underwriter you will also provide guidance to junior underwriters and act as a subject matter expert on credit structuring.

At CIBC we enable the work environment most optimal for you to thrive in your role based on business on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How Youll Succeed

• Comprehensive Credit Analysis: Evaluate portfolio real estate and non-real estate transactions by assessing financial documentation cash flow modeling assets liquidity strength collateral and potential total exposure risks. This includes reviewing personal tax returns business tax returns K-1 statements global cash flow schedules personal balance sheets and other supporting documents.

• High-Quality Decision-Making: Prepare portfolio credit summary packages material amendments renewals annual reviews and other credit requests promptly and accurately.
  Effective Risk Assessment: Ensure underwriting decisions align with the banks guidelines risk appetite policies and consumer laws and regulation requirements while providing sound judgment on credit approvals.

• Strong Written Communication: Craft detailed underwriting narratives that clearly present credit rationale risk assessment and evaluation results.

• Collaboration & Stakeholder Engagement: Work closely with Private Bankers Loan Processors & Closers Group Portfolio Managers and Senior Management to ensure seamless transactions.

• Market Awareness & Compliance: Stay updated on market conditions industry regulations and consumer lending laws to maintain compliance and adapt to evolving guidelines.

• Community Involvement: Complete at least five CRA volunteer hours annually contributing to the banks commitment to community engagement.

Who You Are

• Experienced in Underwriting: You bring 3 to 5 years of underwriting experience specializing in complex lending solutions for high-net-worth clients with proven expertise in risk assessment across diverse private banking products and structures.

• Skilled in Financial Analysis: You can analyze financial statements credit reports assets and liabilities with expertise in cash flow modeling and self-employed borrower assessments.

• Detail-Oriented & Organized: You thrive in fast-paced deadline-driven environments effectively managing multiple tasks while maintaining accuracy.

• Effective Communicator: You excel at verbal and written communication clearly presenting complex financial and credit information to stakeholders including assisting with procedural updates and presentation materials for training.

• Technology-Proficient: You have working knowledge of industry tools and systems like MS Suite (excel word teams) products and Outlook.

• Regulatory Knowledge: You have a strong understanding of federal and state lending regulations ensuring compliance with consumer protection laws.

• Customer-Focused & Collaborative: You build strong relationships with internal partners providing exceptional service while ensuring sound underwriting decisions.

What Success Looks Like

• Timely and accurate underwriting decisions that support business growth while maintaining compliance and risk standards.

• Clear and well-documented credit narratives that provide sound reasoning for evaluation and risk assessments.

• Strong partnerships with Private Bankers Underwriting Team Closing processing Group Portfolio Managers and Senior Management ensuring smooth lending processes.

• Proactive risk management staying ahead of market changes and regulatory shifts.

• Active participation in community involvement initiatives supporting the banks CRA efforts.

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 $for the Chicago IL 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.

This position does not offer visa sponsorship.

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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 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.

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