Business Credit Control Specialist

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

What you’ll be doing:

Business Credit Controls Specialist is responsible for supporting the bank’s loan portfolio management.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be on-site in our Chicago, IL office anywhere between two to three days a week. 

How you'll succeed

• Entering financial statements into Moody's CreditLens (financial statement spreadsheet application)

• 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.

• 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. 

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $61,000K - $65,000K for the Chicago, IL market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other