SIGN IN
Sr Associate, Commercial Real Estate jobs in United States
cer-icon
Apply on Employer Site
company-logo

CIBC US · 12 hours ago

Sr Associate, Commercial Real Estate

CIBC is building a relationship-oriented bank for the modern world, seeking talented professionals dedicated to client service. The Sr Associate, Commercial Real Estate will focus on credit underwriting for new loan origination activities, ensuring risk is mitigated and objectives are met throughout the loan life-cycle.
BankingFinancial Services

Responsibilities

Developing expertise in all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.)
Accountable for accuracy of loan approval documents prepared
Accountable for accurately entering data in Closer
Prepare materials presented for pre-screen by assigned Client Management (CM) team
Present request at pre-screen and field questions
Stay current on industry/market conditions, ensuring policies, procedures, standards, and guidelines (identification of emerging issues) remain up to date and adjust or recommend changes to procedures and standards as appropriate
Recommend appropriate risk ratings in collaboration with DP Team Lead
Understand CIBC appetite/limit capacity for deal-specific attributes including business execution, security, HVCRE, etc
Ensure loan documentation deal points align with Loan Presentation on new transactions
Lead loan closing checklist calls and be a key point of contact for client
Work with DP Team Lead on evolving trends in Commercial Real Estate with collaboration from the assigned Asset Manager. Ensure that the policy, procedure and reference material which govern loan originations and closings are appropriately followed
Provide appropriate materials and submissions as needed to support the HPA in response to regulators and auditors – internal and external
Ensure that the HDP has the appropriate materials and submissions as needed to support regulatory filings
Respond to second line challenge of line of business risk identification and review and provide input to materials generated for risk identification processes (e.g. risk self-assessments, minutes, and decks)
Escalate data incident reports and ensure information is captured accurately (including root cause, impact, and control analysis)

Qualification

Commercial Real EstateRisk ManagementFinancial ModelingMicrosoft ExcelRisk AppetiteAnalytical SkillsCommunication SkillsTeam PlayerAttention to Detail

Required

3+ years of demonstrated experience in underwriting, structuring, loan closing, documentation, and portfolio management
Developed knowledge of regulatory expectations and industry best practices in risk management
Developed knowledge and understanding of financial risks (i.e., credit, market and/or liquidity) and/or non-financial risks (i.e., operational, compliance, reputation, strategic), and of financial services businesses and products
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
Results oriented with a high degree of attention to detail
Ability to provide basic credit expertise within Commercial Real Estate
Well versed in all key systems, applications, and models used including proficiency in Microsoft Office products with advanced knowledge of financial analysis and modeling
Expected to attend industry events to maintain current market knowledge

Benefits

Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave and Vacation)
Holidays
401(k)
A competitive salary
Incentive pay
Banking benefits
A benefits program
A vacation offering
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development

Company

CIBC US provides tailored commercial and personal banking services, private banking, wealth management and small business financial solutions.