Director, Private Credit

CIBC•New York, NY

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. To learn more about CIBC, please visit CIBC.com What You’ll Be Doing You will assist in the origination, development, and execution of Corporate Asset Finance transactions for CIBC’s institutional clients. These transactions will be structured to achieve specific leverage objectives across multiple formats, including loans, total return swaps (TRS), repos, or rated secured/unsecured bonds.

Requirements

Degree educated (BA or equivalent), with at least 2 years’ experience in the industry
Knowledge of private credit structured finance solutions and direct experience in closing highly structured transactions
Cash flow modelling skills and term sheet preparation skills for structured finance transactions
Ability to use intex for crossover work on CLOs
Strong PowerPoint skills to deliver content for CIBC institutional clients
Strategic thinking capability with ability to identify and capitalize on opportunities.
In-depth understanding of governance and regulatory requirements as it relates to Global Markets
Highly developed interpersonal and networking skills.
Advanced communication, negotiation and relationship management skills.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

Responsibilities

Assist in development of term sheets for corporate credit focused asset backed financing transactions, private placements and back leverage transactions
Assist in development of cash flow modelling for corporate credit focused asset backed financing transactions, private placements and back leverage transactions
Develop marketing decks for capital markets/treasury functions of alternative focused clients/credit asset managers/sponsors
Assist in research of bank regulatory capital/insurance regulatory capital for structured finance transactions to get optimal capital treatment for CIBC and insurance clients
Assist in preparation of borrowing base templates for structured finance transactions
Research private/alt credit to produce insightful content for CIBC Global Collateral Finance management and for our client pitches
Assist in doc negotiation for structured finance transactions

Benefits

At CIBC, we offer a competitive total rewards package.
This role has an expected salary of $225,000 for the New York, NY market based on experience, qualifications, and location of the position.
The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.
CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location.
Additional total compensation and benefits details will be provided during the hiring process.
At CIBC, your goals are a priority.
We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.
We aspire to give you a career, rather than just a paycheck.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.