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    Business Banking Credit Risk Manager - Canada - Canadian Imperial Bank of Commerce

    Canadian Imperial Bank of Commerce
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    Description

    Business Banking Credit Risk Manager page is loaded

    Business Banking Credit Risk Manager

    Apply locations Toronto, ON Calgary, AB time type Full time posted on Posted 4 Days Ago job requisition id

    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.

    To learn more about CIBC, please visit

    What you'll be doing

    The Business Banking Credit Adjudication team of CIBC is accountable for reviewing, processing and approving both secured and unsecured applications. As the Business Banking Credit Risk Manager, you'll work under the supervision of the Director and provide credit assessments and approval services of Business Banking credit applications within delegated limits and BCLASS credit structuring support and advice to frontline lenders.

    At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 1-3 days per week on-site, while other days will be remote.

    How you'll succeed

    • Analysis - Analyze and approve/decline/defer credit applications within the delegated authority, exercising sound judgment in the decision making process to ensure the quality of the Bank's portfolio is maintained.
    • Risk Assessment - Assess the risk of Business Banking credit applications through consideration of financial history, cash flow and other analyses within established policies and guidelines. Make credit approval/decline decisions within delegated limits; assess then refer recommendations to your leaders for accounts above delegated limits.
    • Make Recommendations – Recommend/negotiate alternative options on declined credit applications such as changes to the amount, structure and/or terms and conditions to arrive at an approval while maintaining a balance between customer relations and risk.
    • Effectively Communicate With Business Partners - Effectively communicate both the decision and rationale to assist Relationship Managers in explaining the Bank's decision to customers. Identify deteriorating accounts and take/recommend corrective action including transitioning accounts to Special Loans, Small Business or Client Account Management to minimize losses.

    Who you are

    • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
    • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
    • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
    • You can demonstrate experience in working with credit products, policies & processes. Working knowledge of Business Banking, legal and regulatory requirements. Exceptional credit risk knowledge and skills. Strong written & verbal communication skills.
    • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

    What CIBC Offers

    At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

    • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
    • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
    • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

    *Subject to plan and program terms and conditions

    What you need to know

    • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-
    • 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 .

    Job Location

    Toronto-81 Bay, 30th Floor

    Employment Type

    Regular

    Weekly Hours

    37.5

    Skills

    Analytical Thinking, Credit Decisions, Decision Making, Mortgage Documentation, Real Estate Lending, Risk Assessments, Risk Management and Mitigation, Underwriting

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    At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

    Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us. #J-18808-Ljbffr


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