Commercial Banking Associate - Equipment Finance

CIBC • Austin, TX

1d • $85,000 - $110,000 • Hybrid

About The Position

The Equipment Finance Associate works in a dynamic environment alongside Sales, Operations, Asset Management and Management colleagues to originate loans and leases. This candidate will support new business origination, servicing of the existing portfolio of loans and leases, and developing sales materials. This role will cover CIBC Equipment Finance’s nationwide business. 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/diploma in accounting, finance, or a related field.
• Minimum of 1-3+ years of experience in within the banking or financial services industry.
• Formal Credit Training completed
• Commercial Banking
• Credit Training

Responsibilities

• Coordinate transactions from opportunity inception through booking.
• Create marketing materials, term sheets, and market presentations
• Assist with pricing, credit approval preparation, document negotiation
• Support end-to-end relationship management including portfolio servicing and payoff requests
• Learn the credit culture of CIBC Bank USA in order to present appropriate credits for approval
• Maintain Salesforce pipeline and client/prospect records
• Engage with asset management and operations in the execution and original transactions as well as ongoing portfolio maintenance

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
• Benefits program
• Vacation offering
• Wellbeing support
• MomentMakers, our social, points-based recognition program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level