Agency Associate - Toronto, Canada - CIBC

CIBC

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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

Job Description:

What You'll Be Doing

The Agency Associate under Global Agency Administration is accountable for providing specialized agency services as an independent intermediary between borrowers and lenders participating in syndicated credit facilities arranged by Wholesale or Retail Markets.

The role applies solid knowledge of lending products and accepted syndication and loan administration practices in the following regions; Canadian Commercial Banking, Canadian Large Corporate, US Large Corporate or European Large Corporate.

The Associate manages all aspects of administration and monitoring of established credit facilities.

How You'll Succeed- Relationship Building & Communication Skills - In this role you will have the ability to use your superior oral and written communication skills to liaise and build strong relations with external and internal business partners on all activities related to the syndicated credits by reviewing draft credit agreements and providing feedback.

You will be responsible for the ongoing administration of your assigned portfolio to ensure that the borrower and lenders operate within terms and conditions of the credit agreements and related legal documents, including assignments.- Financial & Technical Abilities - You will have experience with various deposit lending and financial products such as (BA, Libor Loans, SWAPS, FEC, LC & LG) and technical abilities with Microsoft Excel (Macros and formulas).- Business Acumen - You will be responsible for managing your credit portfolio in accordance with the terms and conditions outlined in the credit agreement.

You have the ability to make good decisions on the spot and be able to prioritize your work. You are flexible and practical.

Who You Are- You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.- You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.- You embrace and champion change.

You'll continuously evolve your thinking and the way you work in order to deliver your best.- You have a degree/diploma in Business; Accounting or Finance with 3-5 years of relevant working experience.- You look beyond the moment.

You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible.- 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 health benefits program, defined benefit pension plan, an employee share purchase plan 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.

What you need to knowYou 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-595 Bay St., 7th

Employment Type

Regular

Weekly Hours

37.5

Skills:

Accountable, Building Trust, Business, Business Acumen, Credit, Decision Making, Finance, Lending, Microsoft Excel, Microsoft Office, Prioritization, Teamwork, Technical Knowledge