Associate, Agency Services, Project Finance & Infrastructure

CIBC•New York, NY

2d•Onsite

About The Position

As a member of the Corporate Banking team, you’ll work in a fast-paced organization where you’ll make a meaningful difference in our clients’ lives. As Associate, Agency Services, Project Finance & Infrastructure, you will be responsible for managing all client-facing and lender-facing activities (inter alia, the processing of waivers, extensions, consents, amendments, refinancings) on transactions in our portfolio where CIBC is acting as Administrative Agent or is a bilateral lender to a client. The Agency Services team will serve as the main point of contact for deal stakeholders (sponsors, borrowers, consultants, lawyers, lenders etc.) while closely working with the Portfolio Management team and the Deal Execution Teams.

Requirements

3+ years of experience working in Project Finance in an Agency Services function
Demonstrated skills in client / relationship management, stakeholder engagement, consensus building and optimizing operational efficiencies
Experience in Project Finance loan documentation
Knowledgeable in the roles and responsibilities of deal advisors (lawyers, engineers etc.)
Solid understanding of the credit standards and terms for project financings in order to work closely with the Portfolio Management team and the credit approval process at CIBC.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Responsibilities

Providing dedicated coverage of agented or bilateral transactions in conjunction with the New York Portfolio Management and Deal Teams and the Toronto based CPS (Agency) team
Serve as the main point of contact for deal stakeholders
Co-ordinate the lender group in responding to Borrower requests such as amendments, waivers or consents
Co-ordinate and direct the relevant advisors on a transaction (e.g. independent engineer, legal advisor, insurance consultant) as needed to respond to Borrower requests
Distribute required information and reports to lenders as needed
Organize and participate in all lender / sponsor calls and updates
Discuss and answer credit and deal structure related questions from other lenders.
Determine whether required lenders have approved or declined borrower requests
Assist Portfolio Management Agency team leader in various reporting and presentations to CIBC senior management

Benefits

Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
Holidays
401(k)
Incentive pay
Banking benefits
A benefits program
A vacation offering
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development