Credit Monitoring & Control Specialist I

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 CIBC.com

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 www.CIBC.com.

What you’ll be doing:

Credit Monitoring and Control Specialist I is responsible for monitoring and reporting for the bank’s loan covenants and annual reviews. These activities are critical to the bank’s loan portfolio management.

How you’ll succeed:

• Processing loan covenant submissions using the bank’s proprietary system, RM Central, by verifying that the correct documents are submitted and determining whether calculated covenants meet the required threshold.

• Providing support to other areas of the Credit Risk Management department.

QUALIFICATIONS:

- Must possess an interest in commercial loan portfolio management - Must be detail and process oriented with strong critical thinking abilities - Proficiency in Microsoft Excel and Word required, including analytical skills/spreadsheet experience - Possess strong communication and interpersonal skills with the ability to work within a team - Prior experience or internship in financial institution is a plus - College Degree required; 3.0 GPA preferred 

Who you are:   

• You’re goal-oriented.  You’re motivated by accomplishing your goals and delivering your best to make a difference. 

• You’re a critical thinker.  You effectively challenge the status quo to evaluate risks and strengthen the overall control environment. 

• Values matter to you.  You bring your real self to work and you live our values – Trust, teamwork, and accountability. 

• You’re a team player.  You volunteer to do what’s right to help make a difference. 

What CIBC offers:  

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.

• Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.

• Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.

• Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.

California residents — your privacy rights regarding your actual or prospective employment

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 during the application or interview process, please contact Mailbox.careers-carrieres@cibc.com.

• 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.

• At CIBC we enable the work environment most optimal for you to thrive in your role.  Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

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