What You'll Be Doing- Responsible for the receipt, review and approval of Commercial loan documentation that will include Commercial Real Estate documentation relative to conformity with the approved loan presentation.
- Insure all loan documents have been received, or otherwise waived prior to the loan booking process.
- The Commercial Loan Coordinator will also make sure that the proposed transaction is in compliance with Credit Policy.
- The Commercial Loan Coordinator will track outside loan exceptions and will insure that all necessary documents are properly recorded and delivered to the Bank in a timely manner.
- The loan portfolio will consist of large and mid-sized Commercial loan transactions and Real Estate loan transactions, a large percentage of which will include Syndicated Credits.
- This position supports the Commercial Loan Lines of Business and is part of the centralized Loan Operations Closing Team.
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 where you’ll spend 2-3 days per week on-site, while other days will be remote.
Who You Are
Bachelor’s degree is preferred.
3-5 years of related experience; Loan Closing experience (or similar) in a Bank or Financial Institution environment is required.
Excellent interpersonal and collaborative skills (both written and verbal) required
Commercial loan documentation and product knowledge required
Detail-oriented with ability to multi-task in a fast-paced environment required
Strong computer skills including knowledge of Microsoft 365 productivity software required
Strong critical thinking and problem-solving skills
Ability to effectively balance excellent client service and risk management
Knowledge of CIBC’s loan systems, FIS, ACBS, PCFS, Aspire, an asse
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $90,000 - 100,000 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.
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Job Location
IL-Chicago, 70 W Madison St Fl 8
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Business Operations, Customer Service, Operations Management, Prioritization, Quality Assurance (QA), Technical Knowledge