What You'll Be Doing

As a member of the Corporate Banking team, you'll work in a fast-paced organization where you'll make a meaningful difference in our clients' lives.

As Associate, Agency Services, Project Finance & Infrastructure, you will be responsible for managing all client-facing and lender-facing activities (inter alia, the processing of waivers, extensions, consents, amendments, refinancings) on transactions in our portfolio where CIBC is acting as Administrative Agent or is a bilateral lender to a client. The Agency Services team will serve as the main point of contact for deal stakeholders (sponsors, borrowers, consultants, lawyers, lenders etc.) while closely working with the Portfolio Management team and Deal Execution Teams.

How You'll Succeed

• The Associate will be responsible for providing dedicated coverage of agented or bilateral transactions in conjunction with the New York Portfolio Management and Deal Teams and the Toronto based CPS (Agency) team
  
  • Serve as the main point of contact for deal stakeholders as set out above
  • Co-ordinate the lender group in responding to Borrower requests such as amendments, waivers or consents
  • Co-ordinate and direct the relevant advisors on a transaction (e.g. independent engineer, legal advisor, insurance consultant) as needed to respond to Borrower requests
  • Distribute required information and reports to lenders as needed
  • Organize and participate in all lender / sponsor calls and updates
  • Discuss and answer credit and deal structure related questions from other lenders.
  • Determine whether required lenders have approved or declined borrower requests
  • Assist Portfolio Management Agency team leader in various reporting and presentations to CIBC senior management

Who You Are

CIBC possesses a strong culture that enables it to attract, integrate and retain exceptional Corporate and Investment Banking professionals and clients. It is committed to developing its employees over the long-term and building a sustainable team and business. CIBC's commitment to its clients, teamwork, integrity, professional excellence and objectivity is embodied today in the firm's core values.

• It is essential for the successful candidate to fit properly and successfully within those elements of the CIBC culture.
• The ideal candidate will have 3+ years of experience working in Project Finance in an Agency Services function and will have demonstrated skills in client / relationship management, stakeholder engagement, consensus building and optimizing operational efficiencies
• Candidate must have experience in Project Finance loan documentation and knowledgeable in the roles and responsibilities of deal advisors (lawyers, engineers etc.)
• Candidate must have a solid understanding of the credit standards and terms for project financings in order to work closely with the Portfolio Management team and the credit approval process at CIBC.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000-$185,000 for the New York, NY 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 also may 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.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

#LI-TA

Job Location
NY-New York, 300 Madison Ave Fl 8

Employment Type
Regular

Weekly Hours
40

Skills
Analytical Thinking, Business Development, Credit Processes, Credit Risk Management, Customer Experience (CX), Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Portfolio Management, Relationship Management, Researching