What You'll Be DoingAs a Director within Corporate Credit Risk, you will be an integral part of the team responsible for the credit assessment and ongoing risk management of CIBC's US leveraged lending portfolio. You will work closely with senior Credit Risk management and Line of Business partners to evaluate new transactions, conduct credit due diligence, and monitor existing borrowers, ensuring compliance with CIBC's credit policies and risk appetite.
You will be responsible for conducting comprehensive credit assessments, evaluating transaction structures and financial performance, preparing credit recommendations, and assessing periodic credit reviews to support the ongoing monitoring of the portfolio.
How You'll Succeed- Credit Analysis and Due Diligence - Conduct comprehensive credit analysis and due diligence on new leveraged lending transactions, including the assessment of financial performance, cash flow projections, capital structures, leverage, liquidity, and debt repayment capacity.
- Transaction Assessment - Evaluate proposed credit transactions, including acquisitions, refinancings, amendments, and incremental financing requests. Assess transaction structures, financial covenants, key credit risks, and mitigating factors.
- Portfolio Management - Assess Annual and Quarterly Credit Reviews prepared by the Portfolio Management team, monitor portfolio performance and credit quality, identify emerging risks, and recommend appropriate risk mitigation strategies.
- Financial Analysis - Evaluate financial models, management projections, and borrower performance against budgets and forecasts. Assess leverage, liquidity, cash flow generation, and debt service capacity under base and downside scenarios.
- Credit Recommendation - Prepare clear, well-supported credit assessments and recommendations for senior Credit Risk management, highlighting key risks, mitigating factors, and proposed credit structures.
- Risk Management - Apply CIBC's credit risk rating methodologies and policies to ensure objective and accurate assessments of borrower creditworthiness. Evaluate proposed risk ratings and recommend adjustments where appropriate.
- Collaboration - Develop strong working relationships with Corporate Banking, Capital Markets, Portfolio Management, and other internal stakeholders to facilitate effective credit decision-making while maintaining independent risk judgment.
- Compliance - Demonstrate a strong understanding of leveraged lending regulatory guidance, CIBC's credit policies, and risk management practices. Ensure credit assessments and portfolio monitoring activities are consistent with CIBC's risk appetite and applicable regulatory requirements.
Who You Are- You can demonstrate experience. You have 8+ years of relevant experience in Corporate Credit Risk, Leveraged Finance, Corporate Banking, or a related credit underwriting function, with strong financial analysis and credit assessment skills.
- You can demonstrate knowledge. You have a strong understanding of leveraged lending structures, financial statement analysis, cash flow modeling, debt capital structures, financial covenants, and credit risk assessment.
- You have strong analytical skills. You are comfortable evaluating complex financial information, assessing borrower performance, identifying key credit risks, and developing well-supported credit recommendations.
- You understand portfolio management. You have experience monitoring corporate borrowers, assessing periodic credit reviews, evaluating financial performance, and identifying emerging credit concerns.
- You have a degree. You hold a bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field. An MBA or equivalent advanced qualification is an asset.
- You're motivated by collective success. You work collaboratively with colleagues and business partners while maintaining an independent and objective approach to credit risk assessment.
- You communicate effectively. You can present complex financial and credit information clearly and concisely, both verbally and in writing, to senior management and business partners.
- You know that details matter. You demonstrate sound judgment, strong attention to detail, and the ability to independently manage multiple transactions and portfolio responsibilities in a fast-paced environment.
- You love to learn. You are motivated to deepen your knowledge of leveraged finance, credit markets, and evolving industry trends.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $195,000-$230,000 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.
Job LocationNY-New York, 300 Madison Ave Fl 6
Employment TypeRegular
Weekly Hours40
SkillsAnalytical Thinking, Credit Decisions, Credit Policies, Credit Proposals, Credit Risk Management, Credit Risks, Financial Analysis, Group Problem Solving, Leadership, Long Term Planning, Risk Appetite, Risk Ratings
