About the Role
As a member of the Corporate Banking team, you’ll work in a fast-paced organization where you’ll make a meaningful difference in our clients’ lives. The Director, Agency Services, Project Finance & Infrastructure will be responsible for managing all client-facing and lender-facing activities on transactions where CIBC is acting as Administrative Agent or is a bilateral lender to a client. The Agency Services team will serve as the main point of contact for deal stakeholders while closely working with the Portfolio Management team and Deal Execution Teams.
Responsibilities
- Providing dedicated coverage of agented or bilateral transactions in conjunction with the New York Portfolio Management and Deal Teams and the Toronto based CPS (Agency) team
- Serving as the main point of contact for deal stakeholders (sponsors, borrowers, consultants, lawyers, lenders etc.)
- Coordinating the lender group in responding to Borrower requests such as amendments, waivers or consents
- Coordinating and directing the relevant advisors on a transaction (e.g. independent engineer, legal advisor, insurance consultant) as needed to respond to Borrower requests
- Distributing required information and reports to lenders as needed
- Organizing and participating in all lender / sponsor calls and updates
- Discussing and answering credit and deal structure related questions from other lenders
- Determining whether required lenders have approved or declined borrower requests
Requirements
- 5+ years of experience working in Project Finance in an Agency Services function
- Demonstrated skills in client / relationship management, stakeholder engagement, consensus building and optimizing operational efficiencies
- Experience in Project Finance loan documentation
- Knowledgeable in the roles and responsibilities of deal advisors (lawyers, engineers etc.)
- Solid understanding of the credit standards and terms for project financings
- Must fit properly and successfully within the CIBC culture
- 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
- Business Banking
- Business Development
- Business Solutions
- Credit Analysis
- Credit Processes
- Customer Experience (CX)
- Financial Markets Analysis
- Relationship Management
Location
- New York, NY
Work Type
- Regular
- Full-time
Experience Level
- Director
Salary/Compensations
- $225,000-$250,000
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)
- Incentive pay
- Banking benefits
- Wellbeing support
- MomentMakers recognition program
About the Company
- CIBC is building a relationship-oriented bank for the modern world.
- At CIBC, team members are empowered at work, have what they need to make a meaningful impact, and are truly valued for who they are and what they contribute.
- CIBC possesses a strong culture that enables it to attract, integrate and retain exceptional Corporate and Investment Banking professionals and clients.
- It is committed to developing its employees over the long-term and building a sustainable team and business.
- CIBC’s commitment to its clients, teamwork, integrity, professional excellence and objectivity is embodied today in the firm’s core values.
- 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 through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
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
