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CIBC · 4 months ago

Commercial Real Estate Underwriter - Debt Products Manager

Minneapolis, MN

Full-time

Hybrid

Mid Level

$115K/yr - $135K/yr

4+ years exp

CIBC is a relationship-oriented bank dedicated to empowering its employees and providing excellent service to clients. The Debt Products Manager is responsible for credit underwriting for new loan origination activities, ensuring that risk is mitigated and objectives are met throughout the loan life-cycle.

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Responsibilities

Ensure objectives related to credit underwriting for new loan origination activities are met

Produce consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US Commercial Real Estate (CRE)

Accountable for all material presented throughout the loan origination life-cycle, in New Deals Committee, Prescreen, and Loan Presentations

Work in close collaboration with assigned Client Management Regional Head, Market Leads, Asset Management team and Debt Products Team Lead in various capacities throughout the loan life-cycle

Engage directly with Syndications and Capital Markets, as well as Lender’s counsel

Maintain the client-focused nature of the CRE business

Qualification

UnderwritingRisk ManagementLoan ClosingPortfolio ManagementFinancial AnalysisClient ExperienceMarket KnowledgeTeamworkCommunication SkillsProblem-Solving

Required

Minimum 4 years of applicable experience in underwriting, structuring, loan closing, documentation, and portfolio management

Solid working knowledge of regulatory expectations and industry best practices in risk management

Understanding of financial risks (i.e., credit, market and/or liquidity) and/or non-financial risks (i.e., operational, compliance, reputation, strategic)

Understanding of all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.)

Knowledge of current market/industry trends in commercial real estate

Prior experience in adhering to loan policies and procedures, ensuring that standards and guidelines governing loan originations and closings have been appropriately followed

Strong team player and able to work productively with colleagues towards common goals

Excellent written and verbal communication skills

Strong analytical and problem-solving skills

Proactively assess clients' needs and propose solutions to deliver to meet those needs