Senior Credit Risk Analyst

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

The Credit Processing Services Team provides compliance and credit fulfillment support to Commercial Banking and Capital Markets. As the Senior Credit Risk Analyst, you will be accountable for providing specialized service for credit-related products to an industry specific portfolio within Commercial Banking and Capital Markets. You will be responsible for all aspects of administration and monitoring of established credit facilities and maintain independent responsibility for the input, monitoring and escalation of risk elements on complex credit portfolios with minimal supervision.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

• Borrowing Product Knowledge - knowledgeable about commercial lending products such as; Banker's Acceptances (BA's), LIBOR/RFR loans, Letters of Credits (LOC), prime and/or US-base rate loans.

• System knowledge - ACBS credit monitoring, knowledge of cash management services and systems (treasury cash management), COINS and ECIF experience is an asset.

• Deal types - dealing with large syndicated credit facilities and bi-lateral operating facilities.

• Service Delivery Reliability - Liaise and interact with Clients and Business Partners. Respond to inquiries and requests providing professional high quality of customer service for the assigned portfolio. Monitor ongoing risks associated with accounts through systems and reports for all credit facilities to process transactions, margins and perform detailed analysis of financial statements and related documents to ensure accuracy of data.

• Compliance and Production Support - Review complex loan documentation to ensure compliance with authorized credit and due diligence to escalate errors/omissions for correction prior to closing, and conditions precedent are met prior to closing and funding for new/amended credit facilities. Act independently of the business to ensure ongoing compliance of the terms and conditions of the authorized credit and exercise delegated authority to make decisions as required. Ensure compliance to internal controls and procedures with full authority to escalate to Senior Business Partners and/or Risk Management as appropriate to maintain integrity of CIBC's position and timely resolution of issues. Experience with reading financial statement, financial statement covenant monitoring and ratio analysis.

• Relationship Management - Manage relationships with CIBC Business Partners on all credit-related activities to ensure accounts operate within terms and conditions of the authorized credit. Act as a consultant to the business for deal structure and presentation to ensure customer satisfaction. Manage the credit fulfillment function by providing specialized operational and administrative expertise.

Who you are

• You engage with your heart and mind. You care about people and understand different perspectives. You listen and learn from the experiences of others.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You're driven 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 embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

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

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*, defined benefit pension plan*, an employee share purchase plan, 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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.

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