Commercial Real Estate - Asset Manager
CIBC
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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.com (https://www.cibc.com/en/about-cibc.html)
**What you'll be doing**
**As a member of the Commercial Real Estate team, key accountabilities/responsibilities will include:**
**Interact with cross-vertical CRE Deal Team members** **after a new loan closes to assure optimal client experience**
**Ensure all customer financial reporting / covenants are collected on time and monitored** **for assigned transactions**
**Complete** **analysis and documentation to achieve credit actions (e.g., renewals, waivers, modifications, annual reviews) for assigned portfolio**
**Function as a resource for GPM Team Lead and/or RGPM in preparation for any portfolio review related meetings and actively communicate knowledge of the risk points within the portfolio**
**Recommend appropriate risk ratings for assigned portfolio in collaboration with GPM Team Lead and/or RGPM**
**Conduct site visits and work to gain market expertise in locations where the bank has large exposure or growing exposure**
**Be engaged and informed of pipeline as deals progress through the underwriting and closing process**
**Participate in industry events to keep current market knowledge and client relationships**
**Escalate potential asset quality outside of risk appetite or any noteworthy risk profile trends to RGPM and/or GPM**
**Serve as client** **contact/resource/advocate** **at the Bank for portfolio-related** **issues/reporting/maintenance** **or new requests on existing credit as well as renewal activities with existing clients ensuring the Deal Team(s) remain informed of all activities**
**Remain active and engaged in periodic client calls and visits as appropriate and agreed to by any combination of the RGPM, GPM, ML, and CM**
**Provide proper materials and submissions as needed to support the HPA in response to regulators and auditors - internal and external**
**Ensure that the policy, procedure and reference material which govern loan originations and closings are appropriately followed**
**Support the RGPM, HAM, GPMs & HPA by supplying any required data for Credit Review or FRB/FDIC/OSFI during exams (i.e., review of specific credits)**
**_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._**
**_Knowledge and Skills_**
**_Minimum of 4 years of applicable experience in underwriting, structuring, loan closing, documentation, and asset management_**
**_Understanding of financial risks (e.g., credit, market and/or liquidity) and/or non-financial risks (e.g., operational, compliance, reputation, strategic), and of financial services businesses and products_**
**_Excellent written and verbal communication skills_**
**_Strong analytical and problem-solving skills_**
**_Results oriented with a high degree of attenti_** **on to detail**
**Exceptional interpersonal and relationship building skills**
**Ability to develop credit expertise within Commercial Real Estate**
**Expected to be well versed in all key systems, applications, and models used including proficiency in Microsoft Office products with advanced knowledge of financial analysis and modeling**
_At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $110,000 - $140,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s 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._
California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
**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 Mailbox.careers-carrieres@cibc.com
+ 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**
Analytical Thinking, Asset Management, Bank Regulations, Client Calls, Commercial Real Estate, Credit, Credit Risk Management, Credit Risks, Financial Products, Loan Closings, Negotiation, Portfolio Management, Results-Oriented
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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