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
What you'll be doing
As a successful candidate, you’ll have strong experience representing borrowers in a variety of debt transactions, with a particular focus on commercial real estate financing. You can expect to work on a wide variety of commercial transactions, including CRE financing, syndicated credit facilities, asset-based loan facilities, working capital facilities, and equipment lease financing. Experience with restructuring transactions is preferred.
How you'll succeed
Providing legal advice and support to US Commercial Banking business lines, including Commercial Real Estate, Middle Market and Regional Commercial Banking, Treasury Management, and Letters of Credit and Deposit and Payment Processing. Such support may include developing and keeping current form loan documentation, outside counsel management, developing and presenting internal training, and in some cases, drafting or negotiating specific loan or deposit documentationAdvising the business line of new industry developments, laws and regulations affecting commercial deposit and lending products and services and the impact of each on the Bank's commercial products and servicesDeveloping and implementing legal department policies and procedures on a variety of topics and assisting the lines of business and various risk functions with review and drafting of policies and procedures designed to address identified legal risksProviding legal advice and support on Special Assets and OREO mattersProviding legal advice in connection with the development of new commercial banking products and services, including treasury management servicesCounseling Loan and Deposit Operations staff on interpreting documentation, closing, booking and servicing of loans, and deposit account opening and maintenance matters and related disputesCollaborating with a wide range of personnel from the business lines as well as the operations, credit risk management, operational risk and compliance functions to identify and escalate risks (legal, operational, reputational or otherwise).Who you are
Licensed lawyer with 10+ years of finance experience in a top law firm, large banking institution or other financial institution engaged in commercial lending with a focus on lender representationIL license preferredUnderstanding of U.S. regulatory landscape relevant to bank commercial financeRequires strong knowledge of all aspects of CRE legal documentation, related regulatory matters and key issues surrounding CRE lending.Familiarity with the legal requirements and documentation relevant to C&I lending. Strong knowledge of credit risk policies and procedures, as well as business, finance and banking to effectively interpret financial data.Excellent oral communication skills to deal effectively with all levels of the organization. Proven written communication skills.Proven, effective negotiation skills. Excellent ability to build effective working relationships with clients and staff at all levels of the organization. Ability to communicate complicated issues effectively and to handle a fast-paced working environment where same-day turnarounds are often expected.Excellent organizational and time management skills to deal with multiple and sometimes conflicting requirement and time constraints. Excellent adaptability and flexibility to deal with a rapidly changing environment.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 $190,000 - $230,000 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.
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, 4th FlEmployment Type
RegularWeekly Hours
40Skills
Business Contracts, Business Transactions, Commercial Loan Workouts, Contract Negotiations, Critical Thinking, Decision Making, Executive Leadership, Legal Consulting, Legal Issues, Loan Restructuring, People Management, Strategic Advice