Analyst, Leveraged Finance Portfolio Management, Corporate Banking

CIBC•New York, NY

1d•$115,000 - $135,000•Hybrid

About The Position

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com What You’ll Be Doing: The US Leveraged Finance Portfolio Management team works with financial sponsors and corporate clients of CIBC to provide leveraged finance solutions and lending capabilities. US Leveraged Finance is part of CIBC Capital Markets. A strong Analyst level candidate is needed to support the US Leveraged Finance Portfolio Management team. The team is responsible for supporting the execution of sponsor-backed leveraged finance transactions and managing the rapidly growing portfolio. Your responsibilities will include: Assisting in the execution of leveraged finance transactions including LBOs, Recapitalizations and Refinancings for new and existing clients Support the drafting and preparation of cohesive and cogent pre-screen memos and credit approval packages, including developing well thought out credit strengths and risks with appropriate mitigants Providing analytical and structuring support to senior professionals on the Leveraged Finance team including building cash flow models, risk rating models and return models Build detailed financial and cash flow models (“LBO models”), including developing detailed and justifiable assumptions and downside cases Work with senior members of the Global Leveraged Finance team and other business areas to conduct detailed due diligence, including working in data rooms Working with internal partners to onboard new clients to the CIBC platforms Monitoring a portfolio of borrowers including providing quarterly, semi-annual and annual portfolio reviews and enterprise risk reporting Collect, assemble, and analyze market data and transactions and maintain lender base of deals and lender relationships How You’ll Succeed: Demonstrated ability to manage multiple projects simultaneously and take initiative. Highly analytical and detail oriented Be a team player Interact, ask questions and generally be pro-active with team members and other CIBC groups in order to continuously grow your knowledge base and competencies Willing to work extended hours in a high-pressure/high-reward environment. Who You Are: Extremely detail oriented, hard worker, seek excellence, can handle multiple things at once, energetic, pro-active and take initiative, write well, ensure accurate calculations in financial models/charts, ask questions, continuously learn from mistakes and don’t make the same mistake twice, put thought into everything you do, aren’t afraid to speak up, review your work before passing it on, format well, ask yourself “does this make sense?”, value accuracy over speed, strive for success, have a growth mindset, make yourself invaluable, recognize all the work that you do forms the basis of what is presented to clients, credit groups and management of CIBC and ultimately drives the success of the bank. Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Requirements

1-2 years of experience in leveraged finance, ratings agency or investment banking or portfolio management
Strong verbal and written communication skills with the ability to grasp complex concepts quickly
Strong understanding of credit analysis, accounting principles and ability to analyze and interpret financial statements
Proven ability to contribute to high performance teams
Willing to work extended hours in a high pressure/high reward environment
Confidence to interact with other groups in CIBC and with team members at various levels
Well versed in Excel, Word and PowerPoint
Digitally savvy, seeking out innovative solutions and adapting to new tools and trends.
You value collaboration and understand the power of an inclusive team that works together to create a shared vision.

Responsibilities

Assisting in the execution of leveraged finance transactions including LBOs, Recapitalizations and Refinancings for new and existing clients
Support the drafting and preparation of cohesive and cogent pre-screen memos and credit approval packages, including developing well thought out credit strengths and risks with appropriate mitigants
Providing analytical and structuring support to senior professionals on the Leveraged Finance team including building cash flow models, risk rating models and return models
Build detailed financial and cash flow models (“LBO models”), including developing detailed and justifiable assumptions and downside cases
Work with senior members of the Global Leveraged Finance team and other business areas to conduct detailed due diligence, including working in data rooms
Working with internal partners to onboard new clients to the CIBC platforms
Monitoring a portfolio of borrowers including providing quarterly, semi-annual and annual portfolio reviews and enterprise risk reporting
Collect, assemble, and analyze market data and transactions and maintain lender base of deals and lender relationships

Benefits

At CIBC, we offer a competitive total rewards package.
This role has an expected salary range of $115,000-$135,000 for the New York, NY 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 also may 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.
Candidates hired to work in other locations will be subject to the pay range associated with that location.
Additional total compensation and benefits details will be provided during the hiring process.
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, 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