Portfolio Manager, Commercial Banking - Dallas, TX

CIBC•Dallas, TX

1d•$115,000 - $125,000•Hybrid

About The Position

The Portfolio Manager primary purpose is to ensure objectives related to credit underwriting and internal portfolio management are met, in addition to supporting the workflow of the Commercial Team of RMs and commercial lending associates. This position will provide approval within established guidelines for daily credit/portfolio administrative activity. The Portfolio Manager will be responsible for but not limited to the following activities. Primary responsibilities for this position will be that of Underwriting and Portfolio Management and execution of 1A risk management activities in a manner consistent with CIBC’s risk culture.

Requirements

Demonstrated experience in Commercial Middle Market and/or Mid-corporate Banking
Demonstrated business development skills
Solid understanding of financial statements and account principles including valuation techniques and cash flow analysis
Experience managing the credit quality of a portfolio of commercial banking clients that have credit needs
Degree/diploma in Business, Finance, Accounting, or a related field
Demonstrated a minimum of 10 years of experience in Commercial Banking including experience in client relationship management and formal credit training
Demonstrated experience in loan structuring and business development
Maintain active in industry events to maintain current market knowledge and client relationships
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

Nice To Haves

Completion of Commercial Banking Training Program or equivalent is desirable.

Responsibilities

Serve as the client’s primary contact/resource/advocate at the Bank for portfolio related issues/reporting/maintenance or new requests on existing credit
Renewal activities with existing clients – PM leading associated activities with RM input
Remain active and engaged in periodic client calls and visits for assigned portfolio
Maintain Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs)
Loan closing process – responsible for driving the closing process with internal closing team and Portfolio Coordinator
Engage RM as needed; primarily with respect to material changes to negotiated business terms with the client
Work with CIS Relationship Support to update / correct identified data issues
Address upcoming maturities and annual reviews on time; help remediate payment past dues
Ensure all customer financial reporting / covenants are collected on time
Support closing team to ensure collection of outstanding loan document exceptions
Follow up on past due real estate taxes / insurance certificates to clear exceptions
Prepare CAMP reports and quarterly trend cards / reviews
Prepare FAS 114 memo / analysis
Complete quarterly SOX controls and ensure accurate risk ratings at all times for covered portfolio
Respond to approval requests for overdrafts, manual wires, NSF wires, ACH suspensions, etc.
Review borrowing base availability and approve loan advances
Coordinate onboarding, deposit account opening and TM setup activities
Review pricing grid / tickler reports to ensure pricing and fees have been applied / adjusted correctly
Consults with the RM on cross-sell opportunities
Mentor and provide situational training support to Associates and Sr. Associates