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 Group Portfolio Manager (GPM) primary purpose is to ensure objectives related to internal portfolio management are met, in addition to overseeing the workflow of the Commercial Team of PM’s and commercial lending Associates. Additionally, the GPM will serve as the Group Head’s internal delegate. This position will provide approval within established guidelines for daily credit/portfolio administrative activity within Specialized Industries’ Security Industry Group.
The Group Portfolio Manager will be responsible for but not limited to the following activities.
Set appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals
Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training
Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities
Create a positive work environment and being an effective role model by championing CIBC’s mission, vision and values
Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect
Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals
How You’ll Succeed
Client engagement – Meet with clients to understand their priorities, advise them on solutions, and provide a forward-looking financial plan. Use your knowledge of cash management, credit, investment, and wealth protection to help clients meet their goals.
Relationship building - Engage in marketing and outreach activities to show clients you value them and their communities. Grow your network, deepen existing relationships, and collaborate with others to ensure clients are connected to the right people and opportunities.
Leveraging technology - Become a technology expert. Share your knowledge by introducing clients to our mobile banking applications, enabling them to better manage their banking needs.
Strategic Minded – You’ll build and execute on communication strategies in support of key business initiatives that impact team members, partners and CIBC clients.
Relationship Management – You’ll create trusted advisor relationships.
Who You Are
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.
You're driven to succeed. You’re motivated by accomplishing your goals and delivering your best to make an impact.
You embrace and champion change. You’re flexible and can pivot easily. You'll continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact. You know that relationships and networks are essential to success. You lean in on executive guidance, and you inspire outcomes by making yourself heard.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You have a degree/diploma in accounting, finance, or a related field. Minimum of 10 years of experience in Commercial Banking.
You have demonstrated experience in Underwriting/Credit approvals: Jointly work with RM, Market Lead and Group Head and advised on deal structure, risk and resources, manage workflow and maintain an accurate pipeline of all opportunities in Salesforce, and ensure visibility to support teams, exercise credit approval authority (non-LPO) for certain credit products and processes up to approved limits, exercise non-credit approval authority (non-LPO) up to approved limits, maintain client contact in performing responsibilities as needed.
You have demonstrated experience in Client Onboarding/Closing: Managing workflow / pipeline and ensure visibility to support teams and supporting efforts of the Deal Team (RM, PM, Commercial Banking Specialist) to ensure onboarding/closing client experience is optimized by acting as the escalation point to resolve issues.
You have demonstrated experience in Client Portfolio Maintenance: Engaging with RMs, PMs and Associates strategically to help address issues or roadblocks, and to ensure timely and proper execution of PM activities within their areas of coverage, ensure reviews, renewals, and reporting are timely and oversee PMs to ensure risk ratings are accurate and reviews all loan presentations prior to submission, report past due status (e.g. R/A/G reports) to HPA, primary representative of the group in portfolio review meetings and will have knowledge of the risk points with the portfolio (portfolio concentration limits, portfolio mix, etc.), sign off on pricing grid reviews and ensure past due tickler report items are remediated, attend Loan Committee meetings to support RMs/Market Leaders on behalf of Group Head and responsible for understanding potential risks, Enhanced Oversight Officer (“EOO”) role on all transactions rated 5W and worse, sign off on quarterly SOX controls, support the group to prepare for Credit Review or FRB/FDIC/OSFI exams, ensure team readiness for CAMP and quarterly trend card / review meeting including review of submission materials as well as Shared National credit exams, review all FAS 114 specific reserve / impairment materials prior to submission, coordinate manual data collection efforts (i.e. situations not automated / sourced from system) and has direct client contact in performing responsibilities as needed.
You have demonstrated experience in Leadership and Team Training: Directly manages all permanently placed Credit Analysts / Associates and all levels of PM, responsible for day-to-day oversight of a defined portfolio which may include coverage of multiple Teams / Groups, sets PM objectives and conducts annual performance reviews with input from Group Head; provides PM and Associate initial comp recommendations to Group Head, advise on credit actions related to the existing portfolio (e.g., structure, waivers, modifications and on portfolio trends to facilitate consistency in deal structuring), resource to Group Head on status and progress of opportunities in the approval queue and serves as the Group’s liaison with Credit, Train PMs and Associates on latest policies, procedures, standards and regulations impacting underwriting and portfolio management activities, and liaison / escalation point to Head of Portfolio Administration (“HPA”); directly interacts with Credit Risk re: client specific matters / credit approval requests.
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $135,000 - $200,000 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.
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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
IL-120 S LaSalle StEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Business Banking, Business Development, Client Service, Financial Advising, Portfolio Management, Results-Oriented