Associate, Commercial Real Estate Finance

Associate, Commercial Real Estate Finance

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's 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.

Primary responsibilities of the Associate, Commercial Real Estate Finance ("CRE Fin"), within Global Credit Finance ("GCF") will be to size, underwrite, onboard, and portfolio manage CRE warehouse ("CRE Repo") and Note on Note facilities and pledged underlying commercial real estate bridge senior loans. The ASO will be part of a global team of dynamic CRE team based in Toronto, New York, and London with this position being based out of New York.

How you'll succeed :

Size and underwrite CRE bridge loans, compile and analyze market information regarding properties, markets, and underlying borrowers / sponsors being financed

Perform market, including securitization markets CBMS / CRE CLO, and property research and analysis, utilizing 3rd party data providers such as CoStar and / or Moody's Analytics database pulls

Interface with lending counterparties to obtain necessary information and documentation required for loan files

Maintain loan files, applicable checklists, and any items needed from underlying borrower

Review and analyze items received to ensure files are accurately documented to perfect security interest

Assemble data and other information for reports, charts, summaries and related documentation

Prepare facility credit memorandums, loan credit memorandums, asset summaries, and underwriting narratives

Present deals to credit committee

Work with credit team to obtain required credit and other approvals

Liaison with external and internal legal counsels to incorporate business terms into the facility and loan pledge documents and post-closing obligations

Work with operations department on loan closings, monthly remittance, and payoff statements

Monitor loan portfolio and prepare quarterly reports discussing loan credit metrics

Prepare presentations, conduct other projects and duties as assigned, to support senior staff and management

Occasionally conduct site inspections

Attend industry conferences

Work effectively within CIBC's corporate governance practices and policies (Risk Management, Finance, HR, Legal and Compliance) to ensure compliance with CIBC's Governance and Control Framework and regulatory requirements.

Who you are :

BA / BS degree in finance, economics, real estate, or related discipline preferred

At least 2-3 years of CRE loan sizing, underwriting, credit analysis and lending experience in various property @types

The candidate will either have or be required to obtain requisite FINRA Series 63, 7, and 79 Licenses as appropriate

Ability to work well and maintain high degree of tact, discretion and comfort in interacting with a diverse group of staff, clients and vendors

Strong organizational and time management skills with the ability to multi-task and prioritize multiple assignments

Excellent written and verbal communication skills

Superior analytical and presentation skills

Exceptional ability to handle sensitive / confidential information with discretion

Strong client / customer focus

The ability to work independently with minimal direction, take initiative, and exercise good judgment at all times

Occasional travel required

Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.