Commercial Banking - Portfolio Management and Underwriting

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At CIBC, we embrace your strengths and your ambitions, so you are empowered  team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

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ACCOUNTABILITIES / RESPONSIBILITIES The Portfolio Manager will be responsible for but not limited to the following activities.

Primary responsibilities for this position will be that of Underwriting and Portfolio Management in a manner consistent with CIBC’s risk culture.

Client Sales Serve as the client’s primary contact/resource/advocate at the Bank for portfolio related issues/reporting/maintenance or new requests on existing credit

Renewal activities with existing clients – PM leading associated activities with RM input

Remain active and engaged in periodic client calls and visits for assigned portfolio

Maintain Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs)
Client Onboarding/Closing Loan closing process – responsible for driving the closing process with internal closing team and Portfolio Coordinator Engage RM as needed; primarily with respect to material changes to negotiated business terms with the client

Client Portfolio Maintenance Address upcoming maturities and annual reviews on time; help remediate payment past dues Ensure all customer financial reporting / covenants are collected on time Support closing team to ensure collection of outstanding loan document exceptions

Follow up on past due real estate taxes / insurance certificates to clear exceptions

Prepare quarterly reports and reviews for certain customers

Prepare FAS 114 memo / analysis when applicable

Complete quarterly SOX controls and ensure accurate risk ratings at all times for covered portfolio

Respond to approval requests for overdrafts, manual wires, NSF wires, ACH suspensions, etc.

Review borrowing base availability

Review pricing grid / tickler reports to ensure pricing and fees have been applied / adjusted correctly

Client Penetration/Cross Sell Consults with the RM on cross-sell opportunities

Management Responsibilities and Team Training Mentor and provide situational training support to Associates and Sr. AssociatesCROSS-FUNCTIONAL RELATIONSHIPSMaintain strong partnerships with other business functions/units (i.e. Private Wealth, cross-sell partners and Loan Services)
RISK & COMPLIANCE Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments.  We all are accountable for managing risk.

As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:

Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls

At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals

Understanding and following the qualitative and quantitative components of our Risk Appetite Statements Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings

Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistle blower, etc.) upon observing activities that may be inconsistent with…