Senior Debt Products Manager, Real Estate Finance

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

The primary purpose of the position is to ensure objectives related to credit underwriting for new loan origination activities.  The position 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. The position will work in close collaboration with their assigned Client Management, Asset Management and Debt Products teams.   The role has both external and internal responsibilities including direct engagement with Syndications and Capital Markets, amongst others. The position will have direct borrower interaction and will be responsible for maintaining the client-focused nature of the CRE business. 

• Developing 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.

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.

How you’ll succeed

• Compliance – You will participate in the loan administration processes in place by conducting renewals and annual reviews of various credits. Comply with all applicable Bank and industry policies, guidelines and controls, including ensuring that all mandatory training is completed.
• Risk Management – You will gather, review and critically assess third-party due diligence reports on a property, such as property assessments, environmental assessments, property fitness assessments and construction cost consultant reports.
• Coordination – You will be the liaison between the central credit department (CPS) and the Client Managers. You will also act as a liaison between Collateral Analysts (CMA), Client Managers and clients in the preparation of letters of credit, Visa Enterprises etc.
• Experience - The ideal candidate will have a minimum of 4 years' experience underwriting deals within the commercial real estate vertical.

Who you are