Commercial Banking Associate

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profile Job Location:

Chicago, IL - USA

profile Monthly Salary: $ 75000 - 90000
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

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 You Will Be Doing

We are seeking an Associate to join the Healthcare Lending team. This role supports portfolio management of the existing Healthcare Lending business evaluation of new lending opportunities market and industry research and maintenance of strong client relationships. The successful candidate will have a post-secondary degree in finance business or a related field strong analytical and organizational skills and excellent written and verbal communication abilities. Prior experience in healthcare lending or commercial lending is considered an asset.

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

How Youll Succeed

  • Analyze and opine on the financial statements of borrowers and prospects evaluating their overall condition and viability using CIBCs financial models.

  • Engage with clients and prospects to collect routine information and address ongoing portfolio management requirements.

  • Prepare loan presentations and credit approval documentation for all required credit actions

  • Complete risk analyses of borrowers and prospects using the CIBC risk rating model

  • Manage CIBCs client relationship database for existing transactions and future prospects

  • Develop skills to appropriately structure deals including setting covenants and reporting requirements

  • Conduct market research comparing clients to local market peers

Who You Are

  • You have 3 years of demonstrated experience in Commercial Banking

  • You have developed knowledge of regulatory expectations and industry best practices in risk management

  • You are a strong team player and able to work with productively with colleagues towards common goals

  • You have excellent written and verbal communication skills

  • You are a strong analytical and problem solving skills

  • You are results oriented with a high degree of attention to detail

  • Formal Credit Training

At CIBC we offer a competitive total rewards package. This role has an expected salary range of $75000 - $90000 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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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

Employment Type

Regular

Weekly Hours

40

Skills

Business Writing

Required Experience:

IC

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 meaningf...
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