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Canadian Imperial Bank of Commerce

Group Portfolio Manager

Canadian Imperial Bank of Commerce, Chicago, Illinois, United States, 60290

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* 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 goalsMeet 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.**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. * **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 - $200,000for 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.#LI-TA* 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.At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

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. #J-18808-Ljbffr