Private Banking Underwriter

What You’ll Be Doing

As a Private Banking Underwriter, you will evaluate and structure complex credit requests for high‑net‑worth clients, including investment‑backed lending, program lending, real estate‑secured facilities, and bespoke unsecured lending solutions. You will use advanced financial analysis, risk management, and client service skills to deliver customized credit solutions that support CIBC’s business objectives while maintaining strong risk controls. Your responsibilities include conducting thorough due diligence, financial analysis, and credit assessments to ensure sound risk management and the delivery of tailored financial solutions.

You will work closely with relationship managers, credit officers, and other stakeholders to facilitate the approval of credit facilities, ensuring compliance with internal policies and regulatory standards. As a senior underwriter, you will also provide guidance to junior underwriters and act as a subject‑matter expert on credit structuring.

At CIBC, we enable the work environment most optimal for you to thrive in your role based on business need. Details on your work arrangement (proportion of on‑site and remote work) will be discussed at the time of your interview.

• Comprehensive Credit Analysis
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  Evaluate portfolio real estate and non‑real estate transactions by assessing financial documentation, cash flow modeling, assets, liquidity strength, collateral, and potential total exposure risks. This includes reviewing personal tax returns, business tax returns, K‑1 statements, global cash flow schedules, personal balance sheets, and other supporting documents.
• High‑Quality Decision‑Making
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  Prepare portfolio credit summary packages, material amendments, renewals, annual reviews, and other credit requests promptly and accurately.
• Effective Risk Assessment
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  Ensure underwriting decisions align with the bank’s guidelines, risk appetite, policies, and consumer laws and regulation requirements while providing sound judgment on credit approvals.
• Strong Written Communication
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  Craft detailed underwriting narratives that clearly present credit rationale, risk assessment, and evaluation results.
• Collaboration & Stakeholder Engagement
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  Work closely with Private Bankers, Loan Processors & Closers, Group Portfolio Managers, and Senior Management to ensure seamless transactions.
• Market Awareness & Compliance
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  Stay updated on market conditions, industry regulations, and consumer lending laws to maintain compliance and adapt to evolving guidelines.
• Community Involvement
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  Complete at least five CRA volunteer hours annually, contributing to the bank’s commitment to community engagement.

• Experienced in Underwriting
  : 3 to 6+ years of underwriting experience, specializing in complex lending solutions for high‑net‑worth clients, with proven expertise in risk assessment across diverse private banking products and structures.
• Skilled in Financial Analysis
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  Ability to analyze financial statements, credit reports, assets, and liabilities with expertise in cash flow modeling and self‑employed borrower assessments.
• Detail‑Oriented & Organized
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  Thrive in fast‑paced, deadline‑driven environments, effectively managing multiple tasks while maintaining accuracy.
• Effective Communicator
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  Excel at verbal and written communication, clearly presenting complex financial and credit information to stakeholders.
• Technology‑Proficient
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  Working knowledge of industry tools and systems like MS Suite (Excel, Word, Teams) and Outlook.
• Regulatory Knowledge
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  Strong understanding of federal and state lending regulations, ensuring compliance with consumer protection laws.
• Customer‑Focused & Collaborative
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  Build strong relationships with internal partners, providing exceptional service while ensuring sound underwriting decisions.

• Timely and accurate underwriting decisions that support business growth while maintaining compliance and risk standards.
• Clear and well‑documented credit narratives that provide sound reasoning for evaluation and risk assessments.
• Strong partnerships with Private Bankers, Underwriting Team, Closing, processing, Group Portfolio Managers and…