Associate, Agency Services, Project Finance & Infrastructure
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 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.
- Ability to work closely with the Portfolio Management team and the credit approval process at CIBC.
- Must be legally eligible to work at the location(s) specified and, where applicable, must have a valid work or study permit.
- Analytical Thinking
- Business Development
- Credit Processes
- Credit Risk Management
- Customer Experience (CX)
- Financial Modeling
- Financial Statement Analysis
- High Net Worth Individuals
- Portfolio Management
- Relationship Management
- Researching
Nice To Haves
- Fit properly and successfully within the CIBC culture (trust, teamwork, and accountability).
Responsibilities
- Managing all client-facing and lender-facing activities on transactions where CIBC is acting as Administrative Agent or is a bilateral lender.
- Serving as the main point of contact for deal stakeholders (sponsors, borrowers, consultants, lawyers, lenders etc.).
- Closely working with the Portfolio Management team and Deal Execution Teams.
- 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.
- Coordinating the lender group in responding to Borrower requests such as amendments, waivers or consents.
- Coordinating and directing the relevant advisors on a transaction (e.g. independent engineer, legal advisor, insurance consultant) as needed to respond to Borrower requests.
- Distributing required information and reports to lenders as needed.
- Organizing and participating in all lender / sponsor calls and updates.
- Discussing and answering credit and deal structure related questions from other lenders.
- Determining whether required lenders have approved or declined borrower requests.
- Assisting 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)
- Competitive salary
- Incentive pay
- Banking benefits
- Benefits program
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
