Private Banking Loan Coordinator

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 

As a Private Banking Loan Coordinator, you will facilitate the loan process, ensuring smooth and efficient operations. 

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 

• Loan File Management & Closings: Manage loan files and closings for new and renewal loans, ensuring all necessary documentation is complete and accurate. Work closely with the closing team to review closing packets and ensure proper documents are ready for closing. This includes working closely with the closing team and performing pre- and post-closing reviews.

• Due Diligence:  Performing due diligence throughout the loan process, including conducting verification of customer identity by running OFAC, RAF and other due diligence in order to convert the client from prospect to customer and upload into the system to build the client profile.

• Monitoring & Reporting: Monitoring and clearing AML loan exception items, as well as tracking other exception reports like document exceptions, reimbursable fees, and past due reports. Pulling EOY reports (1098’s and 1099’s).

• Loan Maintenance & Support: Processing a wide range of loan-related transactions, including payments, reversals, accrual adjustments, payoffs, and address changes. This also involves assisting with ticklers, loan receivables, and document exception tracking reports for loans.

• Information & Document Management: Collecting loan-specific information, retrieving executed documents, coordinating with operational teams, and managing electronic and physical loan files. Place electronic files and documents for existing and potential borrowers in the appropriate credit files and route all originals to the appropriate closer.

• Loan Portfolio Management & Reporting: Managing and updating loan portfolio tracking queues for new loans and renewals associated with your team of Private Bankers.

• Communication & Support: Communicate with lenders and Private Banking Client Service team assisting with questions relating to Commercial and Consumer loans. 

• Adjustments: Accurately process adjustments for payments and ACH requests in a timely matter  when needed.

• Project Assistance: Providing support for departmental projects as needed.

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​Who you are 

• You possess a Bachelor’s Degree (preferred).

• You have 2-5 years of experience within the financial services industry, ideally with experience supporting HNW and UHNW clients.

• You have experience with loan processing and are familiar with loan documentation.

• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity. 

• You are proficient in Microsoft Office with a heavy emphasis on Excel, Adobe Acrobat, and PowerPoint

• You understand high net worth and ultra-high net worth client profi