Executive Director II, Corporate Credit Risk

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

What you’ll be doing

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 focused on US Diversified, Power and Utilities, Project Finance and Infrastructure, and Leveraged Lending credits. As a senior credit risk adjudicator, your role will focus on the Project Finance and Infrastructure Industry, with an emphasis on renewables. In addition, Corporate Credit will provide advice and counsel to Line of Business partners in fulfillment of the corporate credit risk components of strategic plans. You will work closely and collaboratively with our business partners to understand, measure, and monitor risk and adhere to CIBC’s policies in order to maintain a risk profile that is consistent with a prudently run financial institution.

At CIBC, we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Collaborate - Develop strong relationships and work collaboratively with line of business partners.

• Knowledge - Develop a high level of knowledge of industry sectors or business lines covered, and provide advice to executives on relevant matters.

• Meetings - Attend client meetings with front-line relationship managers as appropriate.

• Advise - Provide constructive advice and guidance to relationship managers on credit transactions, within CIBC’s credit policies and guidelines and CIBC’s risk appetite.

• Compliance - Demonstrate a keen understanding of current and developing regulatory issues, as well as CIBC credit policies, guidelines and procedures.

• Risk Management - Effectively utilize CIBC risk rating methodologies to ensure an objective and accurate assessment of risk in credit transactions.

• Consult - 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.

Who You Are

• You can demonstrate experience. A seasoned credit professional with Corporate Banking experience, managing large corporate credit deals with a focus on Project Finance and Infrastructure. It’s an asset if you have credit risk experience.

• You can demonstrate knowledge. Deep Project Finance and Infrastructure credit structuring knowledge, ranging from Ports, Toll Roads and LNG to Wind and Solar projects. A strong understanding of the Inflation Reduction Act and its impacts on the Renewables Industry.

• You have a degree. In Business/Finance/Accounting, MBA and/or equivalent.

• You're motivated by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

• You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

• You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of USD$265,000 - 300,000 for the New York, NY 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 also may 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.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

What CIBC Offers

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.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• 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.

*Subject to plan and program terms and conditions

What you need to know

• 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

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

NY-300 Madison Ave., 6th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business, Business Credit, Credit, Credit Decisions, Credit Policies, Credit Risk Management, Credit Risks, Financial Analysis, Group Problem Solving, Lending, Loan, Long Term Planning, People Management, Project Finances, Reporting and Analysis

Salary : $265,000 - $300,000