About the Role
As the Executive Director II, Corporate Credit Risk, you will form an integral part of the Corporate Credit team and will be accountable to the Vice-President, US Corporate Credit, Global Credit Risk Management for the management and adjudication of a Corporate Loan portfolio. Your role will focus on the Project Finance and Infrastructure Industry, while supporting other industries in the portfolio. You will also provide advice and counsel to Line of Business partners on corporate credit risk components of strategic plans. You will work closely with business partners to understand, measure, and monitor risk and adhere to CIBC’s policies to maintain a risk profile consistent with a prudently run financial institution.
Responsibilities
- Manage and adjudicate a Corporate Loan portfolio.
- Focus on the Project Finance and Infrastructure Industry, while supporting other industries.
- Provide advice and counsel to Line of Business partners on credit risk components of strategic plans.
- Work collaboratively with business partners to understand, measure, and monitor risk.
- Adhere to CIBC’s policies to maintain a risk profile consistent with a prudently run financial institution.
- Develop strong relationships and work collaboratively with line of business partners.
- Develop a high level of knowledge of industry sectors or business lines covered, and provide advice to executives on relevant matters.
- Attend client meetings with front-line relationship managers as appropriate.
- Provide constructive advice and guidance to relationship managers on credit transactions, within CIBC’s credit policies and guidelines and CIBC’s risk appetite.
- Demonstrate a keen understanding of current and developing regulatory issues, as well as CIBC credit policies, guidelines and procedures.
- Effectively utilize CIBC risk rating methodologies to ensure an objective and accurate assessment of risk in credit transactions.
- Provide consulting and assistance as a subject matter expert to influence the development, implementation and management of policies and programs related to the sector(s) covered.
Requirements
- Seasoned credit professional with Corporate Banking experience.
- Experience managing large corporate credit deals with a focus on Project Finance and Infrastructure.
- Some experience in other industries within the portfolio.
- Credit risk experience is an asset.
- Deep Project Finance and Infrastructure credit structuring knowledge, ranging from Ports, Toll Roads, Digital Infrastructure and LNG to Wind and Solar projects.
- You need to be legally eligible to work at the specified location(s).
- May be asked to complete an attribute-based assessment and other skills tests.
Skills
- Analytical Thinking
- Credit Decisions
- Credit Policies
- Credit Risk Management
- Financial Analysis
- Group Problem Solving
- Lending
- Long Term Planning
- People Management
- Regulatory Compliance
- Reporting and Analysis
Location
- New York, NY
Work Type
- Hybrid work arrangement (3-4 days per week on-site, other days remote)
Experience Level
- Executive Director II
Education Level
- Degree in Business/Finance/Accounting, MBA and/or equivalent
Salary/Compensations
- USD$265,000 - 310,000
Benefits
- Medical
- Dental
- Vision
- Health Savings Account
- Life Insurance
- Disability
- Other Insurance Plans
- Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
- Holidays
- 401(k)
- Competitive total rewards package
- Incentive compensation plan
- Discretionary bonus component
- Banking benefits
- Wellbeing support
- MomentMakers recognition program
- Purpose Day (paid day off for growth and development)
About the Company
- We’re building a relationship-oriented bank for the modern world.
- 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.
- At CIBC, we offer a competitive total rewards package.
- At CIBC, your goals are a priority.
- We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.
- We aspire to give you a career, rather than just a paycheck.
- Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
- We cultivate a culture where you can express your ambition.
- CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong.
- We seek applicants with a wide range of abilities and we provide an accessible candidate experience.
- At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them.
- Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
- Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
- Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
Equal Opportunity
- CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
