CIBC

Senior Relationship Manager

CIBC$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in commercial or business banking.
  • Strong business development abilities with a focus on client relationships.
  • Solid grasp of financial statements, valuation techniques, and cash flow analysis.
  • Experience managing credit quality and complex cash management for clients.
  • Degree/diploma in Business, Finance, Accounting, or related field.

Responsibilities

  • Manage and grow a portfolio of Commercial Banking clients.
  • Develop new client relationships through business development activities.
  • Assess and propose solutions to meet client needs regarding credit and cash management.
  • Collaborate with internal partners to connect clients with opportunities.
  • Monitor and maintain relationships by understanding clients' goals and business status.

Benefits

  • Personalized recognition and competitive salary.
  • Access to a defined benefit pension plan and employee share purchase plan.
  • Generous vacation and wellbeing support.
  • Paid day off for personal growth through Purpose Day.
  • Innovative workspace and technological tools for collaboration.
Full Job Description
What you'll be doing As a member of the Commercial Banking team, you’ll work with our clients to create end-to-end financial solutions to help build a comprehensive approach to finance growth, manage cash flow, increase efficiency, and mitigate risk. As a Relationship Manager you will manage and grow a portfolio of Commercial Banking clients by proactively developing new business opportunities in the community and ensuring clients’ day-to-day banking needs are being met at the highest level. You will develop new client relationships through business development activities, actively monitor and manage the relationship with the client, and structure, negotiate and document credit and cash management arrangements to deliver what matters to our clients and help them realize their goals. 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 - Develop new client relationships through business development activities, leveraging referral sources, existing clients, and centers of influence. Actively monitor and manage these relationships by fully understanding our clients’ goals, purpose, and the status of our clients’ business. - Provide Solutions – Proactively assess client needs and propose solutions to deliver what matters to our clients by structuring, negotiating and documenting credit and cash management arrangements with clients and prospects that meet client needs. - Collaborate – Work with internal partners to connect clients with opportunities and commit to building a profile in the local business community to leverage that profile into effective working relationships with new and existing clients and internal partners. Who you are - You put our clients first. You engage with the purpose of finding the right solutions. You go the extra mile because it is the right thing to do. - You’re an industry expert. You have experience in commercial or business banking, proven business development skills, and a solid understanding of financial statements and account principles including valuation techniques and cash flow analysis. - Technical Skills. You have experience managing the credit quality of a portfolio of commercial banking clients that have credit needs, and/or complex cash management requirements. - You are analytical. You give meaning to data. You enjoy investigating complex problems and making sense of information. You’re confident in your ability to communicate detailed information in an impactful way. - You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. - You act like an owner. You thrive when you're empowered to take the initiative, go beyond, and deliver results. - You have a degree/diploma in Business, Finance, Accounting, or a related field. - Values matter to you. You bring your real self to work, and you live our values – trust, teamwork, and accountability. #LI-TA 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 What you need to know - CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. - You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. - We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency). - We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us. Job Location AB-Edmonton-10336-103 Street NW, Unit 240 Employment Type Regular Weekly Hours 37.5 Skills Analytical Thinking, Business Banking, Business Development, Client Service, Financial Advising, Mergers and Acquisitions (M&A), Portfolio Management, Researching, Results-Oriented

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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