Director, Corporate Credit Risk – Leveraged Finance

CIBC•New York, NY

1d•$195,000 - $230,000•Onsite

About The Position

As a Director within Corporate Credit Risk, you will help assess and manage CIBC’s US leveraged lending portfolio. You will work with senior Credit Risk management and Line of Business partners to evaluate new transactions, conduct credit due diligence, and monitor existing borrowers in accordance with CIBC’s credit policies and risk appetite. The role involves conducting comprehensive credit assessments, evaluating transaction structures and financial performance, preparing credit recommendations, and assessing periodic credit reviews to support ongoing portfolio monitoring. You will also collaborate with Corporate Banking, Capital Markets, Portfolio Management, and other internal stakeholders while maintaining independent risk judgment.

Requirements

At least 8 years of relevant experience in Corporate Credit Risk, Leveraged Finance, Corporate Banking, or a related credit underwriting function.
Strong financial analysis and credit assessment skills.
Strong understanding of leveraged lending structures, financial statement analysis, cash flow modeling, debt capital structures, financial covenants, and credit risk assessment.
Experience monitoring corporate borrowers, assessing periodic credit reviews, evaluating financial performance, and identifying emerging credit concerns.
Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
Ability to evaluate complex financial information, assess borrower performance, identify credit risks, and develop well-supported credit recommendations.
Ability to communicate complex financial and credit information clearly and concisely, verbally and in writing, to senior management and business partners.
Sound judgment, strong attention to detail, and ability to independently manage multiple transactions and portfolio responsibilities in a fast-paced environment.
Collaborative approach while maintaining an independent and objective approach to credit risk assessment.
Motivation to deepen knowledge of leveraged finance, credit markets, and evolving industry trends.
Legally eligible to work at the specified location and, where applicable, hold a valid work or study permit.

Nice To Haves

MBA or equivalent advanced qualification.
Experience or demonstrated capability in leadership, long-term planning, and group problem solving.

Responsibilities

Conduct credit analysis and due diligence on new leveraged lending transactions, including assessing financial performance, cash flow projections, capital structures, leverage, liquidity, and debt repayment capacity.
Evaluate proposed acquisitions, refinancings, amendments, and incremental financing requests, including transaction structures, financial covenants, credit risks, and mitigating factors.
Assess Annual and Quarterly Credit Reviews prepared by the Portfolio Management team; monitor portfolio performance and credit quality, identify emerging risks, and recommend risk mitigation strategies.
Evaluate financial models, management projections, and borrower performance against budgets and forecasts, including leverage, liquidity, cash flow generation, and debt service capacity under base and downside scenarios.
Prepare clear, well-supported credit assessments and recommendations for senior Credit Risk management, highlighting key risks, mitigating factors, and proposed credit structures.
Apply CIBC’s credit risk rating methodologies and policies; evaluate proposed risk ratings and recommend adjustments where appropriate.
Build working relationships with Corporate Banking, Capital Markets, Portfolio Management, and other internal stakeholders to support effective credit decisions while maintaining independent risk judgment.
Apply knowledge of leveraged lending regulatory guidance, CIBC credit policies, and risk management practices, and ensure credit assessments and portfolio monitoring meet the bank’s risk appetite and applicable regulatory requirements.