Commercial Real Estate Underwriter - Debt Products Manager
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. The Debt Products Manager (DPM) primary purpose is to ensure objectives related to credit underwriting for new loan origination activities are met. The DPM is responsible for producing consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US Commercial Real Estate (CRE). The position is ultimately accountable for all material presented throughout the loan origination life-cycle, in New Deals Committee, Prescreen, and Loan Presentations. The DPM will work in close collaboration with their assigned Client Management Regional Head, Market Leads, Asset Management team and their Debt Products Team Lead in various capacities, throughout the loan life-cycle. The role has both external and internal responsibilities including direct engagement with Syndications and Capital Markets, as well as Lender’s counsel, amongst others. The DPM will have direct Borrower interaction and will be responsible for maintaining the client-focused nature of the CRE business.
Requirements
- Minimum 5-10 years of applicable experience in underwriting, structuring, loan closing, documentation, and portfolio management.
- Solid working knowledge of regulatory expectations and industry best practices in risk management.
- Understanding of financial risks (i.e., credit, market and/or liquidity) and/or non-financial risks (i.e., operational, compliance, reputation, strategic), and of financial services businesses and products.
- Understanding of all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.).
- Knowledge of current market/industry trends in commercial real estate.
- Prior experience in adhering to loan policies and procedures, ensuring that standards and guidelines governing loan originations and closings have been appropriately followed.
- Strong team player and able to work with productively with colleagues towards common goals.
- Excellent written and verbal communication skills.
- Strong analytical and problem-solving skills.
Responsibilities
- Producing consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US Commercial Real Estate (CRE).
- Accountable for all material presented throughout the loan origination life-cycle, in New Deals Committee, Prescreen, and Loan Presentations.
- Work in close collaboration with their assigned Client Management Regional Head, Market Leads, Asset Management team and their Debt Products Team Lead in various capacities, throughout the loan life-cycle.
- Direct engagement with Syndications and Capital Markets, as well as Lender’s counsel, amongst others.
- Direct Borrower interaction and responsible for maintaining the client-focused nature of the CRE business.
- Proactively assess your clients’ needs and propose solutions to deliver to meet those needs.
- Interact with assigned clients as necessary to facilitate prompt response to questions, enquiries, or issues to provide “best in class” service.
- Apply acquired industry/company knowledge to the development of client/prospect proposals for financial and strategic solutions to meet client needs.
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
- Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
