Senior Debt Products Manager: CRE Underwriting (Miami, W.Palm Beach or Tampa)

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JOB PURPOSE 

The Sr. Debt Products Manager primary purpose is to ensure objectives related to credit underwriting for new loan origination activities are met.  The Sr. Debt Products Manager is responsible for producing

consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US CRE. The position is ultimately accountable for all material presented throughout the loan origination life-cycle, in New Deals Committee, Prescreen, and Loan Presentations. The Sr. Debt Products Manager will work in close collaboration with their assigned Client Management Regional Head, Market Leads and Group Heads, Asset Management team and their Debt Products Team Lead in various capacities, throughout the loan life-cycle.   The role has both external and internal responsibilities including direct engagement with Syndications and Capital Markets, amongst others. The Sr. Debt Products Manager will have direct Borrower interaction and will be responsible for maintaining the client-focused nature of the CRE business. 

KEY ACCOUNTABILITIES / RESPONSIBILITIES

Underwriting/Credit Approval/Loan Closing

• Demonstrated expertise in all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.)
• Accountable for accuracy of loan approval documents prepared
• Prepare materials presented for pre-screen by assigned Client Management (CM) team
• Exercise non-credit approval authority up to approved limits
• Stay current on industry/market conditions, ensuring policies, procedures, standards, and guidelines (identification of emerging issues) remain up to date and adjust or recommend changes to procedures and standards as appropriate
• Recommend appropriate risk ratings in collaboration with DP Team Lead
• Understand CIBC appetite/limit capacity for deal-specific attributes including business execution, security, HVCRE, etc.
• Escalate “Issues List” from loan document negotiation to Client Manager and DP Team Lead on new transactions as applicable

Risk Management

• Work with DP Team Lead on evolving trends in Commercial Real Estate with collaboration from the assigned Asset Manager. Ensure that the policy, procedure and reference material which govern loan originations and closings are appropriately followed
• Provide feedback to the DP Team Lead HDP in preparation for ERM’s Known and Emerging Risk Meetings
• Provide appropriate materials and submissions as needed to support the HPA in response to regulators and auditors – internal and external
• Work with the DP Team Lead to ensure issue remediation strategy is sufficient, sustainable, and timely (in accordance with remediation plan/target date). Work with the DP Team Lead and/or HDP i