Commercial Banking Associate - Portfolio Management - Healthcare

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)KEY ACCOUNTABILITIESAssist Relationship Managers with the following:

Renewal activities with existing clients

Maintaining Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs)

Completion of the Closing Checklist

Cross-sell Activities

Collecting any information requested for any audits or regulatory exams

Client portfolio maintenance requests

Pre-call preparation and post-call follow-up

Support Portfolio Managers and Group Portfolio Managers with Underwriting/Credit Approval as follows: Run A-IRB ODR / LGD modelsComplete underwriting and loan presentations, with focus on:

Annual reviews

Straight-forward renewals

Material AmendmentsNew deals

Non-credit approval authority up to approved limits (must be at least Associate II and Officer)

Has direct client contact in performing responsibilities as needed

Client Portfolio Maintenance

Collect customer financial reporting / covenants

Upload / submit customer information received

Submit Credit Lens spread requests

Order appraisals, appraisal / environmental reviews, flood due diligence

Review customer financial reporting / covenants, recommend adjustments to risk ratings and research trends

Review spreads, appraisals and other due diligence received

Escalate potential issues / areas of concern to Portfolio and Senior Portfolio Managers

Has direct client contact in performing responsibilities as needed

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES

As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

AUTHORITIES/DECISION RIGHTS

As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.

CONDUCT & CULTURE RISKOur CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls

At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals

Understanding and following the qualitative and quantitative components of our Risk Appetite Statements

Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings

Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls

Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders

Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution

KNOWLEDGE AND SKILLS

Preferred Formal Education: Bachelor's Degree

Minimum 3 - 5 years of experience including underwriting, structuring, loan closing, documentation, and portfolio management

Ability to produce an LP with limited supervision

Completion of Commercial Banking Training Program or equivalent credit training program and 1-2 years in a Credit Analyst or Associate role

Developing knowledge of risk models and systems

WORKING CONDITIONS· This role operates within a normal office environment

Travel required: No

What CIBC OffersAt 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 conditionsWhat 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 LocationIL-120 S LaSalle St, 11th FlEmployment TypeRegularWeekly Hours40SkillsBusiness Banking, Business Development, Client Service, Customer Experience (CX), Lending, Portfolio Management, Preparation of Financial Reports, ResearchingAt 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.