Portfolio Manager - Middle Market Commercial Banking

CIBC•Miami, FL

2d•$120,000 - $160,000•Hybrid

About The Position

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. You will have the flexibility to manage your work activities within an in-office work arrangement where you’ll spend 4 days per week on-site, and one day will be remote.

Requirements

7+ years experience proven ability to underwrite complex commercial credit transactions, including large public companies and sponsor-backed deals.
Deep understanding of financial statement analysis, cash flow modeling, and risk assessment for a variety of industries and deal structures.
Demonstrated experience structuring and analyzing credit for large corporates, mid-market companies, and transactions involving private equity sponsors or leveraged buyouts.
Familiarity with syndicated loans, acquisition financing, and other sophisticated lending solutions.
Strong quantitative and qualitative analytical skills to identify key credit risks and opportunities.
Ability to synthesize complex information and present clear, actionable recommendations.
Excellent written and verbal communication skills for preparing credit packages, presenting recommendations, and engaging with internal and external stakeholders.
Ability to articulate complex credit issues and defend recommendations to credit committees or senior management.
Thorough understanding of regulatory requirements, internal policies, and risk management frameworks relevant to commercial credit.
Commitment to maintaining documentation and processes that meet audit and compliance standards.
Advanced proficiency in financial modeling, Excel, and credit analysis tools.
Familiarity with credit scoring systems and portfolio management software.
Keen awareness of market trends, industry developments, and macroeconomic factors affecting commercial banking and credit risk.
Ability to anticipate potential impacts on client portfolios and recommend proactive strategies.
Analytical Thinking
Credit Negotiations
Decision Making
Ensure Compliance
Relationship Building
Risk Assessments
Risk Management and Mitigation
Underwriting

Responsibilities

Maintain and deepen partnerships across business functions to support client needs and business objectives, while maintaining high credit standards.
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
Perform loan structuring in support of underwriting and credit approval
Coordinate onboarding, deposit account opening and TM setup activities
Guide deals through the credit approval process.
Advise on credit actions related to the existing portfolio, including structuring, waivers, and modifications.
Provide expert guidance on deal structuring through to approval and closing.
Ensure all transactions align with CIBC’s risk appetite and credit policies.
Leverage external tools like CapitalIQ, FactSet, Moody’s Risk Analyst and Excel along with CIBC”s proprietary tools, to model financial statements, generate credit ratings, and analyze the creditworthiness of a borrower.
Identify opportunities to improve efficiency, accuracy, and quality in credit analysis and package preparation processes.
Contribute to the development and implementation of credit policies, procedures, and training materials.
Work closely with analysts, relationship managers, clients, and internal partners to gather relevant information and ensure timely delivery of credit submissions.