Commercial Real Estate Underwriting & Portfolio Manager GPM at Canadian Imperial Bank of Commerce

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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 A CRE Group Portfolio Manager (GPM) is expected to manage a portfolio of CRE loans across all products types. Their primary responsibilities will include reviewing analyst and AM modification/Annual Review drafts reporting on their assigned portfolio and managing internal and external reviews of their portfolio. Additionally the GPM is expected to:-Work with offshore resources to complete reviews-Provide leadership and training to junior employees-Act as the liaison between credit the line of business and the borrower-Act as the front line risk manager for their credits.What Youll Be DoingThe Group Portfolio Manager will be responsible for but not limited to the following activities.Primary responsibilities for this position will be that of Portfolio Management and ensuring that the1A risk management activities are executed in a manner consistent with CIBCs risk culture.How Youll SucceedSet appropriate context when assigning work to ensure that individuals roles support the achievement of the business units priorities and CIBCs overall goalsBuild team and individual capabilities by providing development opportunities such as job shadowing special projects and trainingManage 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 prioritiesCreate a positive work environment and being an effective role model by championing CIBCs mission vision and valuesEnsure compliance with policies standards guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect.Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. Who You AreWork Collaboratively: 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 teamsExercise credit approval authority (non-LPO) for certain credit products and processes up to approved limitsClient Onboarding/ClosingManage workflow / pipeline and ensure visibility to support teamsSupport 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.Client Portfolio MaintenanceExpected to engage 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 coverageEnsure reviews renewals and reporting are timely and oversee PMs to ensure risk ratings are accurate and reviews all loan presentations prior to submissionReport past due status (e.g. R/A/G reports) to HPAPrimary representative of 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 remediatedAttend 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 worseSign off on quarterly SOX controlsSupport the Group to prepare for Credit Review or FRB/FDIC/OSFI examsEnsure team readiness for CAMP and quarterly trend card / review meeting including review of submission materials as well as Shared National credit examsReview all FAS 114 specific reserve / impairment materials prior to submissionCoordinate manual data collection efforts (i.e. situations not automated / sourced from system)Has direct client contact in performing responsibilities as neededCalifornia residents your privacy rights regarding your actual or prospective employmentAt CIBC we offer a competitive total rewards package. This role has an expected salary range of $175000.00 -$220000.00 for the market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees 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) Holidaysand 401(k) in addition to other special perks reserved for our team members.This position does not offer visa sponsorship.#LI-TAWhat CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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 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 LocationIL-120 S LaSalle St 11th FlEmployment TypeRegularWeekly Hours40SkillsBanking Leadership Portfolio Management Risk ManagementRequired Experience:Manager Key Skills Microsoft Office,Portfolio Management,Microsoft Word,Asset Management,Yardi,Microsoft Excel,Administrative Experience,DocuSign,Property Management,negotiation,Contracts,Google Suite Experience: years Vacancy: 1 Monthly Salary Salary: 175000 - 220000