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CIBC · 23 hours ago

Associate, CIT Portfolio Management, Corporate Banking

New York, NY

Full-time

Onsite

Mid Level

$150K/yr - $185K/yr

3+ years exp

CIBC is building a relationship-oriented bank for the modern world and is seeking an Associate for their Corporate Banking division. The Associate will manage a portfolio of Corporate clients, lead deal execution, and collaborate with the Relationship Management team to support Capital Markets efforts.

BankingCredit CardsFinancial Services

Responsibilities

Take over the daily and long-term portfolio management responsibility for a group of Corporate clients within the Consumer, Industrials and Technology, Media, Telecom verticals

Review and evaluation of Borrower Credit/Amendment/Extension requests including preparation of accurate and well analyzed risk analysis/ conclusion, financial modelling and coordination of Credit Application process with Risk Management

Oversee onboarding process for new clients including securing KYC & AML approvals as well as coordination with back office on Admin details and funding instructions to ensure a smooth transaction close

Monitor internal ratings and credit exposure for your portfolio and track on time delivery of Borrower’s compliance statements/financial reporting

Lead Annual Reviews for your portfolio including refresh of internal ratings models and AML / KYC

Proactively update Relationship Management & Risk Management with material news or developments on your client portfolio

Coordinate and support on day-to-day operational matters including loan draws/payoffs, temporary increases, overdraft approvals etc

Coordinate and execute legal documentation in conjunction with internal credit approval

Respond to requests from internal and external Auditors and Bank Examiners

Support with internal reporting or other strategic initiatives including development of internal policies, rating models and other tools

This job in on-site 5 days a week

Qualification

Credit Risk ManagementFinancial ModelingPortfolio ManagementFinancial Statement AnalysisCapital MarketsAnalytical ThinkingCustomer Experience (CX)Business DevelopmentResearchingHigh Net Worth Individuals

Required

Minimum 3+ years of relevant work experience

A Bachelor's degree is required

Strong work ethic, with attention to detail and creative problem-solving and excellent customer service/relationship skills

Team Player- ability to work in a dynamic team environment where priorities are shifting frequently

Strong analytical capabilities with experience performing financial & credit analyses

Advanced understanding of key accounting and credit concepts

Excellent oral and written communication skills with solid technical writing skills (financial & risk assessments)

Ability to influence discussions with key internal stakeholders including Relationship Management, Risk Management & Portfolio Management leadership, other banks, and Borrowers