What you'll be doing

You will be joining a team that is focused on structuring and managing the credit underwriting process for commodities counterparties such as refiners/manufacturers and other prospective clients requiring Global Markets products. You will evaluate the credit worthiness by conducting financial statement analysis, credit analysis, and risk rating assessments as part of the credit recommendation. You will lead credit due diligence and manage the credit exposure by remaining current with counterparty's financial condition, industry and economic trends.

The role operates in a fast-paced trading floor environment to support a dynamic, hardworking, production-focused sales team. The mandate requires a person to quickly and concisely identify credit risks of potential transaction and to opine if the risk is within the bank's overall risk tolerance with a focus to make any and all suggestions to help mitigate risk.

Please note, this role has the capacity to be hired at the Associate level as well.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

• Relationship building - Work closely with marketers and traders to identify credit risks of all potential opportunities as the team looks to expand business with new clients and/or considers new transactions with existing clients.
• Portfolio management - Ensure that the credit quality of each borrower/counterparty in a portfolio is appropriately assessed and risk profile is accurately evaluated. Proactively identify any changes to risk profile caused by evolving credit factors (i.e. borrower specific, economic, market, industry, legal). Manage the portfolio with a focus on compliance with terms and conditions of each credit, as well as compliance with internal procedures and guidelines on AML, legal/reputational, environment, regulatory and insurance.
• Client engagement - Liaise with the clients to conduct due diligence meetings, understand financing requirements, and propose appropriate products. Assist in the development of credit policy and risk management standards, procedures and processes and implement these policies and procedures that will support monitoring of credit exposures from client activity. Facilitate implementation of client documentation after liaising with client, legal, sales/trading, and Risk.

Who you are

• You can demonstrate experience with 5 to 8 years related experience; (3 to 5 years at Associate level): MBA, CFA or other relevant professional designation preferred with knowledge of credit risk of Capital Markets products. Experience in precious metals, base metals, power and energy is an asset.
• You are a clear communicator. Strong verbal and written communication skills which allow you to explain complex concepts in a meaningful way.
• You give meaning to data. Strong analytical, technical and computational skills to come up with innovative solutions to a problem. Strong knowledge of financial statements analysis.
• You look beyond the moment. Superior planning and management skills. Enjoy having a number of things on the go at one time, and can working independently and as part of a team.
• You put our clients first. Demonstrate commitment to client satisfaction.
• Values matter to you. You bring your real self to work, and you live values such as trust, teamwork, and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

Job Location
Toronto-161 Bay St., 5th

Employment Type
Regular

Weekly Hours
37.5

Skills
Analytical Thinking, Business, Client Consultations, Financial Markets, Financial Modeling, Global Market, Investments, Market Trading, Researching, Strategic Outlook, Volatility Analysis