Commercial Banking Underwriter/Portfolio Manager: Financial Institutions

3 weeks ago

Chicago, United States CareerBuilder Full time

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

CIBC.com
Job Description
Duties and Responsibilities
The Portfolio Manager will be responsible for but not limited to the following activities. Primary responsibility for this position will be that of the servicing of current bank relationships within our commercial financial institutions group, resulting in efficient delivery of credit and other bank services, introduction to cross sale partners and active portfolio management.
General
Interact with other team members (Group Portfolio Manager, Market Lead and Credit) to achieve ultimate approval for new business and modifications to existing business, including active participation in and adherence to requirements of Deal Screen meetings.
Complete portfolio responsibilities including portfolio reviews, renewals, reporting in a timely manner (quarterly and annually), Shared National Credit, High Risk Loan Review, etc for credits in their portfolio. Serve as resource for Group Portfolio Manager in preparation for portfolio review meetings and will actively communicate knowledge of the risk points within portfolio.
Responsible and accountable for the risk rating accuracy and risk identification on assigned portfolio. Seek to actively keep informed of changes to policy and procedure that will impact portfolio (credit policy, risk rating framework, regulatory, compliance requirements).
Ensure consistency in deal structuring to bridge client needs to appropriate risk mitigation through detailed analysis and underwriting of credit.
Present deals at Loan Committee and any necessary pre-meetings.
Maintain and develop client relationships, exploring opportunities to provide additional credit and non-credit services. Seek to become trusted advisor through regular client contact and relationship building.
Complete necessary analysis and documentation to achieve credit actions related to Associates existing portfolio (e.g., structure, waivers, and modifications).
Quarterback to drive deals through the underwriting and closing process.
Negotiate legal documentation related to transactions.
Serve as Clients primary internal resource as it relates to relationship and credit needs.
Identify product/service opportunities for other business units and participates in development of creative solutions to client needs, coordinates presentations, and brings in partners when appropriate.
Coordinate all meetings with the client, including any collateral site visits.
Collaborate with Market Leader as part of a team to ensure delivery of top-notch client service.
Maintain active in industry events to maintain current market knowledge and client relationships.
Focused on service of existing clients.
Primarily responsible for the production of detailed underwriting and credit approval documents through quarterly/annual reviews and renewals.
Collaboration with Client Banking Specialists to fulfill client requests and fulfill due diligence requirements.
Qualifications
General
College Degree/Business, Finance, Accounting, Economics preferred
Ability to foster and maintain commercial relationships with high level of competency
Ability to identify risk within credit requests
Proficient in Microsoft Office products with advanced knowledge financial analysis and modeling.
Experience in underwriting, and portfolio management.
Demonstrate ability to structure deal/term sheet
Ability to produce LP with minimal oversight
Completion of formal Credit Training
College Degree/Business, Finance, Accounting, Real Estate, Economics preferred
Ability to foster and maintain commercial relationships with high level of competency
Ability to identify risk within credit requests
Proficient in Microsoft Office products with advanced knowledge financial analysis and modeling.
Portfolio Management/Underwriting
Min. 3 years in banking
Completion of formal Credit Training
Demonstrate ability to structure deal/term sheet
Ability to produce Loan Presentation with minimal oversight
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 health benefits program, defined benefit pension plan, an employee share purchase plan 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

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

.

Job Location
IL-120 S LaSalle St

Employment Type
Regular

Weekly Hours
40

Skills
Accounting, Credit, Credit Approvals, Credit Policies, Credit Services, Credit Training, Lending, Portfolio Management, Underwriting
#J-18808-Ljbffr

  • Commercial Banking Underwriter/Portfolio Manager: Financial Institutions

    3 weeks ago

    Chicago, United States Canadian Imperial Bank of Commerce Full time

    Commercial Banking Underwriter/Portfolio Manager: Financial Institutions page is loaded Commercial Banking Underwriter/Portfolio Manager: Financial Institutions Apply locations Chicago, IL time type Full time posted on Posted 4 Days Ago job requisition id 2311480 We’re building a relationship-oriented bank for the modern world. We need talented, passionate...

  • Commercial Banking Underwriter/Portfolio Manager: Financial Institutions

    4 days ago

    Chicago, United States CIBC Full time

    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...

  • Portfolio Manager

    4 weeks ago

    Chicago, United States East West Bank Full time

    Introduction: Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create...

  • Portfolio Manager

    1 week ago

    Chicago, United States East West Bank Full time

    Introduction: Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create...

  • Portfolio Manager

    3 weeks ago

    Chicago, Illinois, United States East West Bank Full time

    Introduction: Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create...

  • Underwriter - Financial Institutions

    1 day ago

    Chicago, United States CNA Financial Corporation Full time

    Performs a combination of duties in accordance with departmental guidelines:Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability. Develops specialized endorsement language for highly complex Underwriter, Writer, Financial, Underwriting, Business Partner, Insurance, Business Services

  • Portfolio Manager

    3 days ago

    Chicago, United States SNI Companies Full time

    Job Description ThePortfolio Manageris responsible for managing and servicing a portfolio of existing relationships, in conjunction with the Commercial Lending department and its officers.The Portfolio Manager is responsible for working with the senior Commercial Loan Officer on site, in managing an established, diversified loan, banking products and...

  • Institutional Portfolio Manager III

    2 weeks ago

    Chicago, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Commercial Banking Training Specialist

    2 days ago

    Chicago, United States CIBC Full time

    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...

  • AVP or VP, Commercial Surety Underwriting Officer

    4 weeks ago

    Chicago, United States Zurich Insurance Company Full time

    Zurich North America is looking for a Commercial Surety Underwriting Officer (AVP or VP Level) to join our Commercial Surety team within the North Central region. The Commercial Surety Underwriter is a uniquely technical role in the underwriting world. In this position you will be responsible for the overall account management, business development and...

  • Commercial Credit Officer

    5 days ago

    Chicago, United States Bank of America Corporation Full time

    Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for...

  • Commercial Banking Associate

    7 days ago

    Chicago, United States CIBC Full time

    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...

  • Commercial Credit Analyst II

    3 weeks ago

    Chicago, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Credit Analyst II is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing...

  • Commercial Credit Analyst II

    1 week ago

    Chicago, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Credit Analyst II is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing...

  • Commercial Banking Client Service I

    4 days ago

    Chicago, United States Canadian Imperial Bank of Commerce Full time

    Commercial Banking Client Service I page is loaded Commercial Banking Client Service I Apply locations Chicago, IL time type Full time posted on Posted 2 Days Ago job requisition id 2408818 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...

  • Commercial Credit Analyst II

    1 week ago

    Chicago, United States Fifth Third Full time

    Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Credit Analyst II is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing...

  • Commercial Real Estate Group Portfolio Manager

    1 week ago

    Chicago, IL, United States CIBC Bank Full time

    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...

  • Vice President of Underwriting

    4 weeks ago

    Chicago, United States Selby Jennings Full time

    Vice President of Underwriting:Company Overview: My client is a pioneering InsureTech company at the forefront of revolutionizing the insurance industry. Leveraging cutting-edge technology and data analytics, we are dedicated to providing innovative insurance solutions to their clients. They are committed to driving efficiency, accuracy, and customer...

  • Vice President of Underwriting

    4 weeks ago

    Chicago, United States Selby Jennings Full time

    Vice President of Underwriting:Company Overview: My client is a pioneering InsureTech company at the forefront of revolutionizing the insurance industry. Leveraging cutting-edge technology and data analytics, we are dedicated to providing innovative insurance solutions to their clients. They are committed to driving efficiency, accuracy, and customer...

  • Commercial Lines Underwriter

    3 weeks ago

    Chicago, United States Warrior Insurance Network Full time

    Job DescriptionJob DescriptionWe are seeking the ideal candidate for our Commercial Lines Underwriting opening for our growing insurance company located in Bedford Park, just a mile south of Midway Airport!The Commercial Lines Underwriter will work independently and collaboratively with the Commercial Account team to provide a high level of customer service...