CIBC

Senior Market Lead - Middle Market Commercial Banking

CIBC$200K — $240K *
Miami, FL 33186In-Person
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 10 years of experience as a Commercial Relationship Manager.
  • At least 5 years of experience in Business Development.
  • Bachelor's degree or higher is required.
  • Formal credit training is necessary.

Responsibilities

  • Advise and build trust with middle market and corporate clients as well as private equity firms.
  • Develop strategies to acquire, expand, and retain client relationships for revenue growth.
  • Identify product opportunities and collaborate with other business units for client solutions.
  • Manage various types of risks in client relationships, ensuring quality and compliance.
  • Support Associates in executing client requests seamlessly.
  • Collaborate on closing activities with deal teams as needed.
  • Oversee the preparation of internal portfolio monitoring reports.

Benefits

  • Comprehensive Medical, Dental, and Vision coverage.
  • Health Savings Account options available.
  • Life Insurance and Disability coverage offered.
  • Paid Time Off including Sick Leave, Parental Leave, and Vacation days.
  • 401(k) retirement plan with company matching.
  • Various special perks unique to team members.
Full Job Description
What You'll Be Doing

Business Development and On-going Relationship Management

  • Work to become a trusted advisor / strategic partner to middle market and large corporate clients, in addition to private equity firms and family offices. Through regular contact, value-added ideas and relationship building interactions

  • Create and drive strategy to acquire and/or expand and retain client relationships to generate revenue and deepen share of wallet.

  • Identify product/service opportunities for other business units and participates in development of creative solutions to client needs, coordinates presentations, and brings in partners when appropriate.

  • Manages risk/return and drives quality for new and/or existing clients. Actively identifies and mitigates different types of risk, such as regulatory, reputational, operational and credit risks.

Client Onboarding/ Closing

  • Lend strategic support to Associates and Sr. Associates as well as the Credit and Services teams to execute client requests in an efficient and effective manner

  • Collaborate with deal team on externally-facing closing activities as needed.

Client Portfolio Maintenance

  • Provides direction to Associates and Sr. Associates in the preparation of the various internal portfolio monitoring reports (Leveraged Loan Trend Cards, Shared National Credits, Criticized Asset Reports, etc.)

  • Respond to approval requests for overdrafts, manual wires, NSF wires, ACH suspensions, etc.

Risk Management

  • Understand the key parameters of the Bank27s Risk Appetite which will be of value as new credit opportunities are surfaced for the Bank27s Sr Mgmt. and Credit Risk Management teams to review

  • Maintain regular dialogue with clients in order to be able to assess any changes in financial performance and coordinate with PMs to make recommendations as to changes in the Bank27s underlying risk ratings applied to each client.

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 64 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 64 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 64 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 a minimum of 10+ years experience as a Commercial Relationship Manager and a minimum of 5 years experience as a Business Developer.

  • You have a Bachelor's degree or higher.

  • You have formal credit training.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000.00 - $240,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit27s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits 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 special perks reserved for our team members.

#LI-TA

Job Location

FL-Miami, 2800 Ponce de Leon Blvd Ste 510

Employment Type

Regular

Weekly Hours

40

Skills

Business Development, Client Service, Competitive Intelligence (CI), Customer Retentions, New Business Acquisition, People Management, Promotional Activities, Relationship Management

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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