Associate, Real Estate Finance

CIBC•Toronto, ON

5d•Hybrid

About The Position

CIBC Real Estate Finance Division focuses exclusively on providing financing to real estate companies on both an interim/construction and term basis across Canada. Our team is comprised of experienced real estate professionals with offices located in Vancouver, Calgary, Edmonton Toronto, Ottawa, London, Hamilton and Montreal. We apply industry expertise to offer full-service financial solutions to real estate companies and users across Canada. Through working closely with Relationship Managers within CIBC’s Real Estate Finance Division, you will gain experience in both real estate interim and term lending and the management of key client relationships. As the Associate, you will provide a broad range of analytical and research support to a team who is dedicated to helping the Associate achieve their professional goals. You will be involved with a variety of projects to expose them to various aspects of loan underwriting, credit analysis, and portfolio management. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Requirements

Degree in Business, Finance, Economics, or related field.
Motivated by collective success.
Team player and have the ability to work well within a group setting.
Strong client and relationship management skills.
Engage with purpose to find the right solutions.
Demonstrate experience in financial statements and accounting principles in order to assess lending risk, with specific emphasis on the real estate industry.
Goal oriented.
Motivated by accomplishing your goals and delivering your best to make an impact.
Demonstrate an aptitude for business development (sales) skills.
Values matter to you.
Bring your real self to work, and you live our values – trust, teamwork and accountability.
Passionate about growing your knowledge.
Understand that success is in the details.
Critical thinking skills help to inform your decision making.
Give meaning to data.
Enjoy investigating complex problems and making sense of information.
Confident in your ability to communicate detailed information in an impactful way.
Commercial Loan Underwriting
Financial Analysis
Loan Administration
Real Estate
Real Estate Financing

Responsibilities

Responsible for conducting in-depth company, industry, and portfolio analysis.
Assist in performing risk assessments for existing and new credit arrangements through completing financial statement analysis, sensitivity and scenario analysis, valuation of different asset classes (ex. office, retail, residential, industrial, etc.) and reviewing third party reports (ex. environmental reports, appraisals, etc.).
Making informal and formal presentations to senior management to discuss deal structuring as a part of the deal team.
Collaborating with internal risk partners to analyze key risks and mitigation strategies in existing and new credits.
Fulfill day-to-day requests of a portfolio of clients alongside the Relationship Manager.
Proactively assess clients’ needs, propose solutions, and execute as instructed by the client.
Play a key role in the preparation of client proposals and information memoranda.
Attend client events, meetings, and site visits to further develop key client relationships.
Play an integral role in the end-to-end processing of a loan (i.e. from structuring to funding).
Collaborate with various teams and departments to fulfill day-to-day tasks such as loan processing, opening of deposit accounts including signing authorities, non/negotiable securities, and the review of cash management arrangements.