Director, Global Markets Institutional Structuring Group, GM

CIBC•Toronto, ON

4d•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. You will be joining a team that is focused on structuring and managing the credit underwriting process for commodities counterparties such as refiners/manufacturers and other prospective clients requiring Global Markets products. You will evaluate the credit worthiness by conducting financial statement analysis, credit analysis, and risk rating assessments as part of the credit recommendation. You will lead credit due diligence and manage the credit exposure by remaining current with counterparty’s financial condition, industry and economic trends. The role operates in a fast-paced trading floor environment to support a dynamic, hardworking, production-focused sales team. The mandate requires a person to quickly and concisely identify credit risks of potential transaction and to opine if the risk is within the bank's overall risk tolerance with a focus to make any and all suggestions to help mitigate risk. Please note, this role has the capacity to be hired at the Associate level as well. 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

Experience with 5 to 8 years related experience; (3 to 5 years at Associate level)
Knowledge of credit risk of Capital Markets products.
Clear communicator. Strong verbal and written communication skills which allow you to explain complex concepts in a meaningful way.
Strong analytical, technical and computational skills to come up with innovative solutions to a problem.
Strong knowledge of financial statements analysis.
Superior planning and management skills.
Enjoy having a number of things on the go at one time, and can working independently and as part of a team.
Demonstrate commitment to client satisfaction.
Bring your real self to work, and you live values such as trust, teamwork, and accountability.

Nice To Haves

MBA, CFA or other relevant professional designation preferred
Experience in precious metals, base metals, power and energy is an asset.

Responsibilities

Work closely with marketers and traders to identify credit risks of all potential opportunities as the team looks to expand business with new clients and/or considers new transactions with existing clients.
Ensure that the credit quality of each borrower/counterparty in a portfolio is appropriately assessed and risk profile is accurately evaluated.
Proactively identify any changes to risk profile caused by evolving credit factors (i.e. borrower specific, economic, market, industry, legal).
Manage the portfolio with a focus on compliance with terms and conditions of each credit, as well as compliance with internal procedures and guidelines on AML, legal/reputational, environment, regulatory and insurance.
Liaise with the clients to conduct due diligence meetings, understand financing requirements, and propose appropriate products.
Assist in the development of credit policy and risk management standards, procedures and processes and implement these policies and procedures that will support monitoring of credit exposures from client activity.
Facilitate implementation of client documentation after liaising with client, legal, sales/trading, and Risk.