CIBC US
Overview
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
Primary responsibilities of the Portfolio Director, Global Credit Finance (GCF) include being a key member of a team that manages a multi-billion dollar portfolio of collateral assets comprised of Middle Market and Broadly Syndicated Loans, both as administrative agent and a participant lender. In this role, you will be responsible for fundamental credit analysis of loans, collateral asset-level approval for lender finance facilities and portfolio management activities, including interacting with third party data collection vendors and internal portfolio management system. You will be part of a tight-knit deal team that provides financing facilities to marquee private lenders, large asset managers and sophisticated pension clients. The Portfolio Director will also work with Clients, Sales/Distribution, Risk, Treasury and other stakeholders in the screening process for new client collateral finance trade opportunities. The Portfolio Director will be based in New York and will be part of a global team of dynamic, hardworking, production-focused team players based in Toronto, New York, and London. How You’ll Succeed
Contribute to growth in the GCF credit financing business for our Private Credit, Asset Manager and Pension clients. Make recommendations on pursuing new BSL/Middle Market Private Credit loan financing mandates. Approve or escalate credit assets for inclusion in existing facilities in accordance with established procedures. Provide a view on initial loan asset marking and monitor a portfolio of loans to ensure marks remain appropriate in accordance with terms of loan documents. Conduct more detailed fundamental credit analysis of higher risk collateral assets. Complete periodic portfolio reviews for existing transactions. Manage day-to-day execution of a combination of agented loan facilities and participation facilities. Ensure borrowers remain in compliance with terms of loan documents and required collateral reporting is received as agreed. Remain current on industry and economic developments to understand potential impact on portfolio loans. Work in the spirit of transparency and collaboration with our partners in Capital Markets Risk Management, Treasury, Accounting, Tax and Legal. Demonstrate a keen understanding of current and developing regulatory issues, as well as CIBC policies, guidelines and procedures. Work effectively within CIBC’s corporate governance practices and policies to ensure that all potential risks are appropriately addressed and that CIBC legal/reputational issues and shareholder objectives are covered. Who You Are
Minimum 5+ years related experience in lender finance, corporate lending, leveraged finance, corporate finance, risk management or credit portfolio management. Working knowledge of leveraged lending and lender finance loan structures and related loan documentation. Familiarity with technology applications, including Python, SQL and VBA is an asset. Familiarity with loan warehousing and CLO structures is an asset. Familiarity with third party vendor products for the lender finance industry is an asset. Superior communication and time management skills. Demonstrated commitment to client satisfaction. Enthusiasm for learning new things and being part of a dynamic, growth-oriented team. Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability. Working Conditions
This role operates within a normal office environment with little exposure to adverse working conditions. Open concept trading floor environment with exposure to noise and distractions. Often required to work beyond normal business hours. This role may require occasional domestic and international travel. What CIBC Offers
Competitive total rewards package including salary, incentive pay, banking benefits, and a comprehensive benefits program. Flexible work environment and opportunities for growth within a global team. Purpose Day and other development opportunities aimed at supporting your growth and development. 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: NY-300 Madison Ave., 5th Floor Employment Type: Regular Weekly Hours: 40 Skills
Accountability, Accounting, Analytics Insights, Business Direction, Client Service, Collaboration, Compensation Plans, Corporate Finance, Finance, Global Market, Hiring, Marketing Strategies, Portfolio Management, Sales, Structured Products
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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
Primary responsibilities of the Portfolio Director, Global Credit Finance (GCF) include being a key member of a team that manages a multi-billion dollar portfolio of collateral assets comprised of Middle Market and Broadly Syndicated Loans, both as administrative agent and a participant lender. In this role, you will be responsible for fundamental credit analysis of loans, collateral asset-level approval for lender finance facilities and portfolio management activities, including interacting with third party data collection vendors and internal portfolio management system. You will be part of a tight-knit deal team that provides financing facilities to marquee private lenders, large asset managers and sophisticated pension clients. The Portfolio Director will also work with Clients, Sales/Distribution, Risk, Treasury and other stakeholders in the screening process for new client collateral finance trade opportunities. The Portfolio Director will be based in New York and will be part of a global team of dynamic, hardworking, production-focused team players based in Toronto, New York, and London. How You’ll Succeed
Contribute to growth in the GCF credit financing business for our Private Credit, Asset Manager and Pension clients. Make recommendations on pursuing new BSL/Middle Market Private Credit loan financing mandates. Approve or escalate credit assets for inclusion in existing facilities in accordance with established procedures. Provide a view on initial loan asset marking and monitor a portfolio of loans to ensure marks remain appropriate in accordance with terms of loan documents. Conduct more detailed fundamental credit analysis of higher risk collateral assets. Complete periodic portfolio reviews for existing transactions. Manage day-to-day execution of a combination of agented loan facilities and participation facilities. Ensure borrowers remain in compliance with terms of loan documents and required collateral reporting is received as agreed. Remain current on industry and economic developments to understand potential impact on portfolio loans. Work in the spirit of transparency and collaboration with our partners in Capital Markets Risk Management, Treasury, Accounting, Tax and Legal. Demonstrate a keen understanding of current and developing regulatory issues, as well as CIBC policies, guidelines and procedures. Work effectively within CIBC’s corporate governance practices and policies to ensure that all potential risks are appropriately addressed and that CIBC legal/reputational issues and shareholder objectives are covered. Who You Are
Minimum 5+ years related experience in lender finance, corporate lending, leveraged finance, corporate finance, risk management or credit portfolio management. Working knowledge of leveraged lending and lender finance loan structures and related loan documentation. Familiarity with technology applications, including Python, SQL and VBA is an asset. Familiarity with loan warehousing and CLO structures is an asset. Familiarity with third party vendor products for the lender finance industry is an asset. Superior communication and time management skills. Demonstrated commitment to client satisfaction. Enthusiasm for learning new things and being part of a dynamic, growth-oriented team. Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability. Working Conditions
This role operates within a normal office environment with little exposure to adverse working conditions. Open concept trading floor environment with exposure to noise and distractions. Often required to work beyond normal business hours. This role may require occasional domestic and international travel. What CIBC Offers
Competitive total rewards package including salary, incentive pay, banking benefits, and a comprehensive benefits program. Flexible work environment and opportunities for growth within a global team. Purpose Day and other development opportunities aimed at supporting your growth and development. 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: NY-300 Madison Ave., 5th Floor Employment Type: Regular Weekly Hours: 40 Skills
Accountability, Accounting, Analytics Insights, Business Direction, Client Service, Collaboration, Compensation Plans, Corporate Finance, Finance, Global Market, Hiring, Marketing Strategies, Portfolio Management, Sales, Structured Products
#J-18808-Ljbffr