This position is no longer available
Hybrid

Canadian Imperial Bank of Commerce (CIBC) was looking for a Commercial Real Estate - Asset Manager

CIBC is looking for a Commercial Real Estate Asset Manager to manage a portfolio of CRE loans post-closing. In this role, you will be responsible for credit risk monitoring, portfolio management, and client relationship management, ensuring a strong client experience and adherence to bank policies.

What You'll Do

  • Interact with cross-vertical CRE Deal Team members after loan closing to ensure an optimal client experience.
  • Ensure all customer financial reporting and covenants are collected on time and monitored.
  • Complete analysis and documentation to achieve credit actions like renewals, waivers, modifications, and annual reviews.
  • Function as a resource for the GPM Team Lead and/or RGPM in preparation for portfolio review meetings.
  • Recommend appropriate risk ratings for assigned credits in collaboration with GPM and/or RGPM.
  • Conduct site visits and work to gain market expertise in locations with significant bank exposure.
  • Stay engaged and informed of the pipeline as deals progress through underwriting and closing.
  • Participate in industry events to maintain current market knowledge and client relationships.
  • Escalate potential asset quality outside of risk appetite or noteworthy risk profile trends.
  • Serve as the client contact, resource, and advocate for portfolio-related issues, reporting, maintenance, or new requests.
  • Remain active and engaged in periodic client calls and visits as appropriate.
  • Provide proper materials and submissions to support the HPA in response to regulators and auditors.
  • Ensure policies, procedures, and reference material governing loan originations and closings are followed.
  • Support the RGPM, HAM, GPMs & HPA by supplying required data for Credit Review or FRB/FDIC/OSFI exams.

What We're Looking For

  • 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

Team & Environment

You will be a member of the Commercial Real Estate team, working closely with the GPM Team Lead, RGPM, ML, CM, and HPA.

Benefits & Compensation

  • Competitive salary
  • Incentive pay
  • Banking benefits
  • Comprehensive benefits program
  • Vacation offering
  • Wellbeing support
  • MomentMakers recognition program
  • Purpose Day (a paid day off for growth and development)

Work Mode

This position offers a hybrid work arrangement located at 120 S LaSalle St, 11th Fl, IL.

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 provide an accessible candidate experience.

Required Skills
Financial AnalysisPortfolio ManagementRisk ManagementStakeholder ManagementFinancial ModelingMarket analysisBudgetingForecastingCommunication
About company
Canadian Imperial Bank of Commerce (CIBC)
A relationship-oriented bank for a modern world.
All jobs at Canadian Imperial Bank of Commerce (CIBC) Visit website
Job Details
Category other
Posted 4 months ago