Demo

Director of Business Development - Junior Debt

cibc
Chicago, IL Full Time
POSTED ON 2/20/2025
AVAILABLE BEFORE 5/17/2025

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

Contribute to the growth of new revenues through the acquisition of new clients who have sophisticated financial needs, are people of influence or who require complex financial solutions through appropriate business development activities. This includes establishing a high and positive profile within the market.

In partnership with Relationship Managers, Investment and Wealth Specialists and other sales professionals deliver against the national sales strategies.

Develop a personal referral source networks (attorney, accountant, banker, etc.), calling on individuals and institutions to build pipeline of business prospects.

Responsible for developing relationships and opportunities with existing channel relationships.

Identify areas to build strategic relationships, and create and facilitate forums such as promotional events, seminars and meetings to develop new alliances and formal networks.

Establish and maintain effective partnerships and teamwork to ensure a level of service delivery that is professional, seamless and timely.

COMPLIANCE REQUIREMENTS / RESPONSIBILITIES

  • As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.

AUTHORITIES / DECISION RIGHTS

  • As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.
  • CONDUCT & CULTURE RISK

    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, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls
  • Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
  • Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution.
  • KNOWLEDGE AND SKILLS

  • Preferred Formal Education : Bachelor's Degree
  • Minimum 7 years of experience in commercial banking or a closely related field
  • Extensive knowledge of leverage finance, capital structure dynamics and middle market enterprise value lending
  • Highly dynamic sales professional with a successful track record of business development and relationship management experience
  • Exceptional verbal and written communication skills
  • Excellent presentation skills in both one-on-one and group settings
  • Proven ability to successfully market and present to sophisticated clients
  • Delivery style reflecting an entrepreneurial spirit and a passion for growth
  • WORKING CONDITIONS

    This role operates within a normal office environment.

  • Travel required : Frequent
  • At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000.00 - $250,000.00 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

    Job Location : IL-120 S LaSalle St, 7th Fl

    Employment Type : Regular

    Weekly Hours : 40

    Skills : Business Development, Client Service, Competitive Intelligence (CI), Customer Retentions, Investment Research, New Business Acquisition, People Management, Promotional Activities, Relationship Management

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    Salary : $200,000 - $250,000

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