Commercial Real Estate Underwriting & Portfolio Manager - GPM

CIBC•Chicago, IL

1d•$175,000 - $220,000•Hybrid

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. A CRE Group Portfolio Manager (GPM) is expected to manage a portfolio of CRE loans across all products types. Their primary responsibilities will include reviewing analyst and AM modification/Annual Review drafts, reporting on their assigned portfolio, and managing internal and external reviews of their portfolio. Additionally, the GPM is expected to work with offshore resources to complete reviews, provide leadership and training to junior employees, act as the liaison between credit, the line of business, and the borrower, and act as the front line risk manager for their credits. The Group Portfolio Manager will be responsible for but not limited to the following activities. Primary responsibilities for this position will be that of Portfolio Management and ensuring that the 1A risk management activities are executed in a manner consistent with CIBC’s risk culture.

Requirements

Commercial Real Estate Underwriting & Portfolio Management experience.
Experience managing a portfolio of CRE loans.
Experience reviewing analyst and AM modification/Annual Review drafts.
Experience reporting on assigned portfolio.
Experience managing internal and external reviews of their portfolio.
Experience working with offshore resources to complete reviews.
Experience providing leadership and training to junior employees.
Experience acting as the liaison between credit, the line of business, and the borrower.
Experience acting as the front line risk manager for credits.
Experience working collaboratively with RM, Market Lead and Group Head and advised on deal structure, risk and resources.
Experience managing workflow and maintaining an accurate pipeline of all opportunities in Salesforce.
Credit approval authority (non-LPO) for certain credit products and processes up to approved limits.
Experience managing workflow / pipeline and ensuring visibility to support teams.
Experience supporting efforts of the Deal Team (RM, PM, Commercial Banking Specialist) to ensure onboarding/closing client experience is optimized by acting as the escalation point to resolve issues.
Experience engaging with RMs, PMs and Associates strategically to help address issues or roadblocks, and to ensure timely and proper execution of PM activities within their areas of coverage.
Experience ensuring reviews, renewals, and reporting are timely and overseeing PMs to ensure risk ratings are accurate and reviewing all loan presentations prior to submission.
Experience reporting past due status (e.g. R/A/G reports) to HPA.
Experience as primary representative of Group in portfolio review meetings and knowledge of the risk points with the portfolio (portfolio concentration limits, portfolio mix, etc.).
Experience signing off on pricing grid reviews and ensuring past due tickler report items are remediated.
Experience attending Loan Committee meetings to support RMs/Market Leaders on behalf of Group Head and responsible for understanding potential risks.
Experience as Enhanced Oversight Officer (“EOO”) on all transactions rated 5W and worse.
Experience signing off on quarterly SOX controls.
Experience supporting the Group to prepare for Credit Review or FRB/FDIC/OSFI exams.
Experience ensuring team readiness for CAMP and quarterly trend card / review meeting including review of submission materials as well as Shared National credit exams.
Experience reviewing all FAS 114 specific reserve / impairment materials prior to submission.
Experience coordinating manual data collection efforts (i.e. situations not automated / sourced from system).
Experience with direct client contact in performing responsibilities as needed.
Banking
Leadership
Portfolio Management
Risk Management

Nice To Haves

Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Responsibilities

Manage a portfolio of CRE loans across all product types.
Review analyst and AM modification/Annual Review drafts.
Report on assigned portfolio.
Manage internal and external reviews of their portfolio.
Work with offshore resources to complete reviews.
Provide leadership and training to junior employees.
Act as the liaison between credit, the line of business, and the borrower.
Act as the front line risk manager for their credits.
Set appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals.
Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training.
Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.
Create a positive work environment and being an effective role model by championing CIBC’s mission, vision and values.
Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect.
Jointly work with RM, Market Lead and Group Head and advised on deal structure, risk and resources.
Manage workflow and maintain an accurate pipeline of all opportunities in Salesforce, and ensure visibility to support teams.
Exercise credit approval authority (non-LPO) for certain credit products and processes up to approved limits.
Manage workflow / pipeline and ensure visibility to support teams.
Support efforts of the Deal Team (RM, PM, Commercial Banking Specialist) to ensure onboarding/closing client experience is optimized by acting as the escalation point to resolve issues.
Engage with RMs, PMs and Associates strategically to help address issues or roadblocks, and to ensure timely and proper execution of PM activities within their areas of coverage.
Ensure reviews, renewals, and reporting are timely and oversee PMs to ensure risk ratings are accurate and reviews all loan presentations prior to submission.
Report past due status (e.g. R/A/G reports) to HPA.
Primary representative of Group in portfolio review meetings and will have knowledge of the risk points with the portfolio (portfolio concentration limits, portfolio mix, etc.).
Sign off on pricing grid reviews and ensure past due tickler report items are remediated.
Attend Loan Committee meetings to support RMs/Market Leaders on behalf of Group Head and responsible for understanding potential risks.
Act as Enhanced Oversight Officer (“EOO”) on all transactions rated 5W and worse.
Sign off on quarterly SOX controls.
Support the Group to prepare for Credit Review or FRB/FDIC/OSFI exams.
Ensure team readiness for CAMP and quarterly trend card / review meeting including review of submission materials as well as Shared National credit exams.
Review all FAS 114 specific reserve / impairment materials prior to submission.
Coordinate manual data collection efforts (i.e. situations not automated / sourced from system).
Has direct client contact in performing responsibilities as needed.