Job Information
CIBC Wealth Credit Risk Manager in Toronto, Ontario
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.
To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)
What you'll be doing
As the Wealth Credit Risk Manager, you will be adjudicating credit applications submitted by Private Banking through different credit platforms within a delegated lending authority. You will partner closely with Private Banking stakeholders supporting credit opportunities ensuring a complete understanding and line of sight to of all relevant information prior to making credit decisions, as well as with other internal partners to ensure a complete understanding of all relevant information and operational considerations as part of the credit adjudication process. You will also provide meaningful advice and guidance from a credit risk perspective helping identify an acceptable level of objective comfort on potential credit opportunities being considered by Private Banking.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.
How you'll succeed
Relationship management - Ensuring effective communication is maintained throughout the credit adjudication process. Develop close working relationship with Private Bankers, Private Banking Associates, Credit Specialists, Mortgage Advisors and Regional Leadership as part of your day-to-day approach.
Credit risk management - Manage as needed cross functional relationships with other credit risk teams while also being comfortable engaging other internal teams to ensure an appropriate level of oversight on key risks when needed. Able to work in a self-directed manner within a small high functioning team performing the role in a consistent and effective way.
Analytical - Apply strong analytical skills with consistent attention to detail complimented by an ability to understand layers of related financial information.
Who you are
You can demonstrate experience. 3+ years' experience in Credit Adjudication and/or Commercial and Business Banking. Ability to understand and analyze financial statements.
You have a degree. Undergraduate degree in Business, Economics, or related field.
It's an asset. Canadian Securities Course (CSC) and Professional Financial Planning Course (PFPC) or professional designations in law, accounting or investment management considered an asset.
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 goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible.
You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
Values matter to you . You bring your real self to work and you live our values - trust, teamwork, and accountability.
What CIBC Offers
At 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, defined benefit pension plan, an employee share purchase plan, 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 conditions
What you need to know
CIBC 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 Mailbox.careers-carrieres@cibc.com
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, French proficiency, 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 Location
Toronto-81 Bay, 30th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Accountability, Analytical Thinking, Banking, Business Credit, Commercial Credit Risk, Communication, Credit, Credit Adjudication, Credit Risk Management, Credit Risks, Critical Thinking, Decision Making, Group Problem Solving, Lending, Microsoft Office, Mortgage Lending, Private Banking, Risk Management, Teamwork
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.