CIBC

Portfolio Manager

CIBC$120K — $135K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in commercial banking with a focus on credit underwriting and portfolio management.
  • Strong analytical skills for interpreting complex financial data and ensuring accurate risk ratings.
  • Proven ability to manage client relationships and maintain active engagement with clients.
  • Experience in mentoring and training junior team members in financial processes.
  • Familiarity with risk management policies and compliance procedures related to commercial lending.

Responsibilities

  • Serve as the primary contact for portfolio-related issues and lead renewal activities with clients.
  • Ensure timely completion of maturities, annual reviews, and collection of requisite financial reports.
  • Prepare and approve CAMP reports, risk ratings, and loan advances adhering to risk policies.
  • Lead the loan closing process, coordinating with internal teams and managing onboarding tasks.
  • Identify cross-sell opportunities in collaboration with Relationship Managers to enhance client offerings.
  • Mentor and provide training support to Associates and Senior Associates, fostering their professional development.

Benefits

  • Comprehensive medical, dental, and vision insurance coverage.
  • Health Savings Account for additional healthcare expenses.
  • Life, disability, and other insurance plans for employee security.
  • Generous paid time off including vacation, sick leave, and parental leave.
  • 401(k) plan for retirement savings and financial planning.
Full Job Description
What you'll be doing ThePortfolio Manager primary purpose is to ensureobjectivesrelated to credit underwriting and internal portfolio management are met, in addition to supporting the workflow of the Commercial Team of RMs and commercial lending associates. This position will provide approval within established guidelines for daily credit/portfolio administrative activity. ThePortfolio Manager will be responsible for but not limited to the following activities.Primary responsibilities for this position will be that of Underwriting and Portfolio Managementandexecutionof 1A risk management activities in a manner consistent with CIBC27s risk culture. How you'll succeed Client Relationship Management 6 Serve as the primary contact for portfolio-related issues, reporting, maintenance, and new requests on existing credit. Lead renewal activities and maintain engagement through client calls and visits. Portfolio Maintenance 6 Ensure timely completion of maturities, annual reviews, and collection of financial reporting and covenants. Support closing teams and address outstanding loan document exceptions, real estate taxes, and insurance certificates. Credit Underwriting & Risk Management 6 Prepare CAMP reports, quarterly trend cards, FAS 114 memos, and SOX controls. Approve risk ratings, review borrowing base availability, and approve loan advances while ensuring compliance with CIBC27s risk policies. Client Onboarding & Closing 6 Drive loan closing processes with internal teams, coordinate onboarding, deposit account opening, and Treasury Management (TM) setup activities. Cross-Selling & Client Penetration 6 Collaborate with Relationship Managers to identify cross-sell opportunities and ensure accurate pricing and fees through regular reviews. Team Training & Mentorship 6 Mentor and provide situational training support to Associates and Senior Associates, fostering professional growth and knowledge sharing. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. Who you are You have commercial banking expertise. You bring proven experience in credit underwriting, portfolio management, and client relationship management within commercial banking. You27re detail-oriented and analytical. Your strong financial analysis skills enable you to interpret complex data and ensure accurate risk ratings for your portfolio. You27re a collaborator. You work effectively with internal teams, Relationship Managers, and commercial lending associates to deliver optimal solutions for clients. You27re client-focused. You prioritize exceptional service and act as a trusted advocate for clients, maintaining active engagement and supporting their financial needs. You27re a mentor. You enjoy sharing your knowledge and providing training support to team members, contributing to a culture of learning and growth. 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$120,000.00 - $135,000.00 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible toparticipatein the relevant business unit27s incentive compensation plan, which may also include a discretionary bonuscomponent. CIBC offers a full range ofbenefits and programs to meet our employee27s 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), Holidaysand 401(k), in addition to other specialperksreserved for our team members. This position does not offer visa sponsorship. #LI-TA Job Location MI-Birmingham, 34901 Woodward Ave Employment Type Regular Weekly Hours 40 Skills Analytical Thinking, Client Calls, Credit Negotiations, Credit Underwriting, Decision Making, Ensure Compliance, Loan Closings, Portfolio Management, Risk Management and Mitigation, Underwriting

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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