Director, Securitization & Structured Products Administration

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What You’ll Be Doing:

Involved with the execution and day to day management of Securitization products within CIBC Capital Markets.  Operates in a fast-paced environment supporting a dynamic and hardworking front office Securitization team.  Supports activities that will help drive the growth of the US Securitization business at CIBC.  This includes assisting in the execution of new securitization transactions and relationship management to help the front office Securitization team execute mandates and earn repeat business.

How You’ll Succeed:

• Maintaining Credits.  Ensures the accuracy, completeness, timeliness, and integrity of information maintained and provided to Risk Management and Credit Processing Group/Operations.  Assists in the completion and submission of Credit Applications to Risk Management and maintains credit files including copies of credit applications, Risk Management approvals, deal committee approvals, financials, compliance certificates, correspondence etc.

• Account Monitoring.  Reviews accounts to ensure compliance with all terms and conditions of credit authorizations, including receipt and analysis of all customer information and receipt of payments from customers.  All irregularities and/or materially negative trends are reported to the Securitization Front Office deal team and to Risk Management.  Monitors receipt of and analyzes monthly settlement statements and, creates and compiles performance reports that have been reviewed by the secondary Securitization Administration personnel and ensures that all appropriate parties are promptly advised of any deteriorating situation.

• Client Interaction.  Provides support and information to various internal and external clients as it relates to all transactions under management.  This also involves the preparation of various portfolio and management reports.  Works closely with the Securitization Front Office and Securitization Administration teams for all transactions under management.  Assists in completing deal amendments and credit renewals as well as addressing any issues that may arise from the seller transaction.  Works with the Derivatives desk on transactions that require a hedge arrangement to ensure that proper mechanics of the funding is applied throughout the life of the transactions until deal is terminated.  Works with Credit Processing Group/Operations on funding/paydown client requests and to update securitization exposures for monthly reconciliation with the general ledger.

• Completing KYC/AML requirements.  Ensures that new US securitization transactions are on-boarded and meet KYC/AML requirements.  This will include actively communicating with Client Services and the Client to obtain initial required documentation as well as any additional on-boarding inquiries that may arise from the due diligence process.