Credit Manager, Private Wealth Management Lending

Credit Manager, Private Wealth Management Lending Posted 1 week ago. Be among the first 25 applicants. 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 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 CIBC Private Wealth Management delivers customized banking, financial planning, investment management and specialized advisory solutions to meet the unique needs of Canada’s high net worth individuals, families, private holding companies, trusts, estates and charitable foundations. CIBC Private Wealth Management is comprised of the following lines of business: CIBC Private Banking – Exclusive personal service for high net worth individuals providing comprehensive financial advice and solutions in investments, credit, cash management and foreign exchange. CIBC Investment Counsel (CPIC) – Provides discretionary investment management expertise and tailored portfolios. CIBC Wood Gundy – Provides integrated wealth management solutions to high net‑worth individuals and families through a network of trusted Investment Advisors and Portfolio Managers. CIBC Trust – Provides professional estate administration, power‑of‑attorney, and trustee services with expertise in tax reporting, property management, and investment management. The Credit Manager is accountable for the ongoing management and administration of the complex credit book within Private Banking, working under the direction/guidance of the Director, Credit. The role manages the credit quality of the high‑net‑worth client base whose credit needs and financial structures are typically more complex. The role is actively engaged supporting Private Banking Advisors grow their credit opportunities while ensuring appropriate oversight of their existing credit book. At CIBC we enable the work environment most optimal for you to thrive in your role. 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 Client Focus – Provide guidance and support on new credit requests with Private Banking Advisors. This includes analyzing and understanding client financial information (holding companies / individuals) and assessing its relative strength against the credit request. Confirming and/or recommending an appropriate lending facility and security structure to support the proposed credit request. For more complex situations, this may involve direct communication with the client and/or their professional advisors. Credit Management – Prepare credit applications (iCap and CLASS CIBC credit platforms), partner with Wealth Risk Management in negotiating credit terms, assist with loan documentation and liaise with back‑office on security documentation. Manage the existing complex credit book with focus on expiries, identifying them ahead of time and ensuring proper monitoring and review. Deal Summaries – Support leadership in preparation of deal summaries on large credit requests to engage senior leadership early. Collaboration – Engage actively within the Private Banking office to ensure Advisors and Associates are aware of credit policy and procedures. Who You Are Education – Bachelor’s degree from a recognized post‑secondary educational provider, preference given to candidates focused on business and/or finance. Experience – Solid working knowledge of personal and commercial lending credit principles for high net‑worth clientele, and familiarity with product attributes and principles for personal, residential, mortgages and business lending. Ability to read/interpret/analyze financial statements and apply them within credit applications. Knowledge of high‑net‑worth financial/estate planning concepts. Good working knowledge of CIBC products and services as they relate to high‑net‑worth clients. Digital Savvy – Strong computer literacy including proficiency in Microsoft Office suite. Values – Bring your real self to work and live CIBC values of trust, teamwork, and accountability. What CIBC Offers 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. Competitive salary, incentive pay, banking benefits, a benefits program, defined benefit pension plan, employee share purchase plan, vacation offering, wellbeing support, and MomentMakers, a points‑based recognition program. Collaborative spaces and technology toolkit that facilitate innovative solutions. Cultivated culture with initiatives like Purpose Day; a paid day off dedicated to 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 provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com. You must be legally eligible to work at the specified location(s) and, where applicable, have a valid work or study permit. You may be asked to complete attribute‑based assessment and other skills tests (e.g., simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you and give you the opportunity to learn more about us. Job Location Toronto – 81 Bay, 11th Floor Employment Type Regular (Full‑time) Weekly Hours 37.5 Skills Client Service, Credit Consulting, Credit Products, Data Analysis, Market Trends, Problem Resolution, Relationship Building, Risk Assessments Seniority Level Mid‑Senior level Job Function Accounting / Auditing and Finance Industries Banking #J-18808-Ljbffr