CIBC

Commercial Real Estate Underwriting & Portfolio Manager - GPM

CIBC$150K — $200K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience managing commercial real estate (CRE) loans
  • Strong understanding of risk management and credit approval processes
  • Experience leading and training junior team members
  • Familiarity with Salesforce or similar pipeline management tools
  • Exceptional communication skills for client interaction

Responsibilities

  • Manage a portfolio of CRE loans across various product types
  • Conduct detailed reviews of analyst and annual modification drafts
  • Lead and train junior team members in portfolio management
  • Facilitate communication between credit teams, business lines, and borrowers
  • Ensure compliance with risk management policies and procedures

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Paid time off including sick leave, parental leave, and vacation days
  • 401(k) retirement savings plan with employer match
  • A variety of wellness support initiatives
  • Unique recognition programs for team contributions
Full Job Description

A CRE Group Portfolio Manager (GPM) is expected to manage a portfolio of CRE loans across all products types. Their primary responsibilities will include reviewing analyst and AM modification/Annual Review drafts, reporting on their assigned portfolio, and managing internal and external reviews of their portfolio. Additionally, the GPM is expected to:

-Work with offshore resources to complete reviews

-Provide leadership and training to junior employees

-Act as the liaison between credit, the line of business, and the borrower

-Act as the front line risk manager for their credits.

What You'll Be Doing

The Group Portfolio Manager will be responsible for but not limited to the following activities.

Primary responsibilities for this position will be that of Portfolio Management and ensuring that the 1A risk management activities are executed in a manner consistent with CIBCs risk culture.

How You'll Succeed

  • Set appropriate context when assigning work to ensure that individuals roles support the achievement of the business units priorities and CIBCs overall goals

  • Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training

  • Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities

  • Create a positive work environment and being an effective role model by championing CIBCs mission, vision and values

  • Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect.

Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Who You Are

  • Work Collaboratively: Jointly work with RM, Market Lead and Group Head and advised on deal structure, risk and resources.

  • Manage Workflow and maintain an accurate pipeline of all opportunities in Salesforce, and ensure visibility to support teams

  • Exercise credit approval authority (non-LPO) for certain credit products and processes up to approved limits

Client Onboarding/Closing

  • Manage workflow / pipeline and ensure visibility to support teams

  • Support efforts of the Deal Team (RM, PM, Commercial Banking Specialist) to ensure onboarding/closing client experience is optimized by acting as the escalation point to resolve issues.

Client Portfolio Maintenance

  • Expected to engage with RMs, PMs and Associates strategically to help address issues or roadblocks, and to ensure timely and proper execution of PM activities within their areas of coverage

  • Ensure reviews, renewals, and reporting are timely and oversee PMs to ensure risk ratings are accurate and reviews all loan presentations prior to submission

  • Report past due status (e.g. R/A/G reports) to HPA

  • Primary representative of Group in portfolio review meetings and will have knowledge of the risk points with the portfolio (portfolio concentration limits, portfolio mix, etc.)

  • Sign off on pricing grid reviews and ensure past due tickler report items are remediated

  • Attend Loan Committee meetings to support RMs/Market Leaders on behalf of Group Head and responsible for understanding potential risks.

  • Enhanced Oversight Officer (EOO) role on all transactions rated 5W and worse

  • Sign off on quarterly SOX controls

  • Support the Group to prepare for Credit Review or FRB/FDIC/OSFI exams

  • Ensure team readiness for CAMP and quarterly trend card / review meeting including review of submission materials as well as Shared National credit exams

  • Review all FAS 114 specific reserve / impairment materials prior to submission

  • Coordinate manual data collection efforts (i.e. situations not automated / sourced from system)

  • Has direct client contact in performing responsibilities as needed

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000.00 -$200,000.00 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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.

This position does not offer visa sponsorship.

#LI-TA

Job Location

IL-Chicago, 120 S LaSalle St Fl 11

Employment Type

Regular

Weekly Hours

40

Skills

Banking, Leadership, Portfolio Management, Risk Management

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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