Group Portfolio & Construction Lending Manager

CIBC•Chicago, IL

6d•$150,000 - $190,000•Hybrid

About The Position

This role serves as a senior leader responsible for both portfolio management and construction lending oversight within CIBC's U.S. Commercial Real Estate platform. The incumbent will partner with Asset Managers, Relationship Managers, and Market Leads to drive portfolio analytics and reporting, while simultaneously providing strategic leadership and operational oversight of CIBC's real estate construction and development loan portfolio. The role reports to the Executive Director and works closely with CRE leadership, Credit Risk, and Services teams. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement will be discussed at the time of your interview.

Requirements

Demonstrated a minimum of 10 years experience in banking or a financial institution, including 3+ years in a management or supervisory role
Demonstrated a minimum of 5 - 7 years CRE expertise in commercial real estate portfolio management, construction lending, and/or data analytics
Bachelor's degree (BA/BS) in Business, Finance, Real Estate, Accounting, Economics, Architecture, Engineering, or Construction Management
Advanced knowledge of financial analysis, modeling, and data aggregation; proficiency in Microsoft Office products
Familiarity with construction/development software (scheduling, lease analysis, database tools) is an asset
Strong analytical, organizational, and communication skills with the ability to present complex information to executive audiences
Ability to foster and maintain commercial relationships with a high level of competency
Availability to travel for periodic project meetings and site inspections

Nice To Haves

advanced degree (MBA or equivalent) preferred

Responsibilities

Set clear performance expectations, conduct regular reviews, and support professional development across the team
Foster a high-performance culture aligned with CIBC's mission, vision, values, and risk culture
Allocate resources effectively to ensure timely and accurate loan administration and portfolio reporting
Hire the right people in the right roles, aligning individual capabilities with business unit goals
Create a positive work environment by championing CIBC's core values and serving as an effective role model
Support the primary reporting function within the Line of Business, working with other groups across the Bank for data and analytics needs
Assist in identifying quarterly review populations, include high-risk and Enhanced Review credits, and determining their priority
Help facilitate the aggregation of disparate CRE data for portfolio management reporting and internal/external exams
Develop alternative methods to monitor portfolio movements and ensure the LOB remains within set risk limits and desired business mix
Enhance portfolio forecasting capabilities using historical and anticipated payoffs, origination activity, and loan fundings
Develop insights for desired portfolio mix — including geography, client type, and property type — to inform CRE strategy and risk appetite
Oversee the output of junior members of the CRE team; reviewing their work to help their growth as a employees
Oversee assessment and mitigation of development and construction risk across CIBC's real estate floating rate lending portfolio
Manage employees who review and approve recommendations on loan and escrow disbursements escalated by Team Leads
Ensure portfolio-wide compliance with credit approvals, legal documentation, and underwriting assumptions
Monitor early warning indicators related to budget overruns, construction schedule delays, and borrower performance
Ensure team adherence to rigorous pre-closing due diligence standards, including transaction structure review, loan documentation compliance, and insurance and surety bonding requirements
Serve as a liaison with other departments, including US Risk Management, Finance, Loan Services, and the CIBC Real Estate Loan Syndication group
Collaborate with Line of Business/Relationship Managers, Loan Operations/Servicing, Title Companies, and third-party consultants
Develop, implement, and continuously improve operational procedures, controls, and workflows for loan administration
Provide executive-level reporting on portfolio health, risk exposures, and emerging concerns