Senior Associate Account Management

1 month ago


Old Toronto, Canada Canadian Imperial Bank of Commerce Full time
h3>Senior Associate, Canadian Agency As a member of the Credit Processing Team, the Senior Agency Associate is accountable for providing specialized agency services as an independent intermediary between borrowers and lenders participating in syndicated credit facilities arranged by Wholesale or Retail Markets. You will manage all aspects of administration and monitoring of established credit facilities which includes the input, verification and escalation of any risk elements associated with the portfolio. This role participates in process improvement and quality initiatives in order to enhance the quality of client service and increase operational efficiency.Relationship Management: Liaise with borrowers (executive and operational levels), lenders, external and internal legal counsel, and other business units within the Bank on all activities related to the syndication and ongoing administration of the assigned accounts to ensure that the borrower and lenders operate within terms and conditions of the loan agreements and related legal documents, including transfers among lenders. Act as an industry expert in local market funding and operational standards for all loan products and services with the responsibility of offering recommendations and solutions to complex funding issues. Manage the flow of funds to mitigate risk to the Bank as agent.Maintain correct data: Establish and maintain current expert knowledge of the credit agreement to accurately and effectively administer the contractual arrangements while mitigating execution risks inherent in the duties of the Administration Agent.Skills: Analytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge.At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. p>Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

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