CIBC

Senior Market Lead - Regional Commercial Banking

CIBC$200K — $230K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 10 years in Commercial Banking
  • 7-10 years as a Relationship Manager
  • Experience in underwriting and structuring deals
  • Strong credit expertise in a specific industry
  • Bachelor's degree (preferred)

Responsibilities

  • Drive new business acquisition through strategic relationships
  • Develop and maintain Client Relationship Management (CRM) for accurate forecasting
  • Assist in structuring new deals to meet client and bank expectations
  • Collaborate with Portfolio Managers to ensure excellent client service
  • Guide credit events for new relationships and assist in negotiations

Benefits

  • Comprehensive Medical, Dental, and Vision plans
  • Health Savings Account and Life Insurance
  • Disability and Other Insurance Plans
  • Paid Time Off including Sick Leave and Parental Leave
  • 401(k) and other special team member perks
Full Job Description

What You Will Be Doing

The Senior Market Lead will be responsible for meeting the needs of clients and driving business growth in the commercial segments, leveraging partnerships with the broader market team to deliver a broad range of Commercial Banking solutions. The role applies extensive in-depth knowledge and skills to assume the ultimate responsibility of clients with complex cash management requirements, accountable for CIBC capital in each client relationship and the overall credit quality of the portfolio. The Senior Market Lead originates new client relationships that leverage knowledge and expertise, CIBC’s capabilities, and that meet risk tolerances and profitability hurdles, to grow the Commercial Banking business. The role devises new methods and procedures using strong analytic and inductive thinking to deliver excellence every day in a manner consistent with the highest quality standards and CIBC objectives, making clients’ goals their own.

At CIBC we enable the work environment most optimal for you to thrive in your role.  You’ll have the flexibility to manage your work activities within a hybrid work arrangement.  

How You'll Succeed

  • Business Development - Responsible and accountable for new strategic relationship acquisition and resulting new
    business generation goals. Drive new business through quality leads from wide network of referral sources and regular
    prospect visits. Identify cross sell opportunities new clients.

  • Client engagement – Active development and maintenance of Client Relationship Management (CRM) in order to ensure accurate pipeline forecasting. Bolster market presence within the community and industry associations with the purpose of promoting CIBC and cultivating potential prospects and referral sources. Participate in initial Fit Assessment discussion with deals.

  • Strategy Focused - Assist in structuring new deals to bridge client expectations and bank requirements. Act as Strategic Advisor to clients as needed.

  • Relationship Management – Collaborate with Portfolio Managers as part of a team to ensure delivery of top-notch client service. Maintain open line of communication with client as new deal progresses through fulfillment.

  • Leadership – Provide guidance during credit events for new strategic relationships, including collaboration with Portfolio Managers during analysis and deal approval as needed. Assist Portfolio Managers in deal negotiation as needed.

Who You Are

  • You can demonstrate minimum 10 years in Commercial Banking and minimum of 7-10 years of experience as a Relationship Manager including experience in underwriting, structuring, loan closing, documentation, and portfolio management.

  • You can demonstrate the ability to prove credit expertise within a specific commercial banking industry or vertical

  • You have a Bachelor's degree or higher (preferred).

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000 - $230,000 for the 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 may also 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.

#LI-TA

Job Location

MN-Minneapolis, 50 S 6th St

Employment Type

Regular

Weekly Hours

40

Skills

Business Growth, Customer Relationship Management (CRM)

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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