Senior Debt Products Manager, Real Estate Finance

CIBC • Chicago, IL

158d • 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. The primary purpose of the position is to ensure objectives related to credit underwriting for new loan origination activities. The position is responsible for producing consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US CRE. The position is ultimately accountable for all material presented throughout the loan origination life-cycle. The position will work in close collaboration with their assigned Client Management, Asset Management and Debt Products teams. The role has both external and internal responsibilities including direct engagement with Syndications and Capital Markets, amongst others. The position will have direct borrower interaction and will be responsible for maintaining the client-focused nature of the CRE business.

Requirements

• Minimum of 4 years' experience underwriting deals within the commercial real estate vertical
• Degree/diploma in Business Administration, Finance or Property Management

Nice To Haves

• Digitally savvy and able to adapt to new tools and trends
• Strong critical thinking skills
• Ability to communicate detailed information effectively
• Passionate about growing knowledge and learning

Responsibilities

• Developing expertise in all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.)
• Accountable for accuracy of loan approval documents prepared
• Prepare materials presented for pre-screen by assigned Client Management (CM) team
• Exercise non-credit approval authority up to approved limits
• Stay current on industry/market conditions, ensuring policies, procedures, standards, and guidelines (identification of emerging issues) remain up to date and adjust or recommend changes to procedures and standards as appropriate
• Recommend appropriate risk ratings in collaboration with DP Team Lead
• Understand CIBC appetite/limit capacity for deal-specific attributes including business execution, security, HVCRE, etc.
• Participate in the loan administration processes in place by conducting renewals and annual reviews of various credits
• Gather, review and critically assess third-party due diligence reports on a property
• Act as a liaison between the central credit department (CPS) and the Client Managers
• Act as a liaison between Collateral Analysts (CMA), Client Managers and clients in the preparation of letters of credit, Visa Enterprises etc.

Benefits

• Competitive salary
• Incentive pay
• Banking benefits
• Benefits program
• Vacation offering
• Wellbeing support
• MomentMakers, our social, points-based recognition program
• Paid day off dedicated for personal growth and development

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree