Associate, 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.

To learn more about CIBC, please visit CIBC.com

What you’ll be doing

As a member of the Commercial Banking team, you will be responsible for the processing of mortgage renewals and assumptions across Eastern Canada. As the Associate of Real Estate Finance, you will be responsible for the day-to-day management of a commercial mortgage portfolio and will also liaise with various internal partners. You will be responsible for the due diligence of the borrower, bond and property information provided by clients and account managers. These tasks require an in-depth knowledge of customers and the company, the real estate sector, regulatory issues, economic or political trends and customer needs. In collaboration with Account Managers, the incumbent must prepare credit applications that must be submitted to and authorized by the CIBC Risk Management Unit.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you’ll succeed

• Compliance – You will participate in the loan administration processes in place by conducting renewals and annual reviews of various credits. Comply with all applicable Bank and industry policies, guidelines and controls, including ensuring that all mandatory training is completed

• Risk Management – You will gather, review and critically assess third-party due diligence reports on a property, such as property assessments, environmental assessments, property fitness assessments and construction cost consultant reports.

• Coordination – You will be the liaison between the central credit department (CPS) and the Relationship Managers. You will also act as a liaison between Collateral Analysts (CMA), Relationship Managers and clients in the preparation of letters of credit, Visa Enterprises etc.

• Monitoring – You will actively identify credits about to expire, review lists with relationship managers and obtain/track copies of all necessary financial data and other documents stipulated in the credit agreement. After receiving these, complete any other preparatory documents to facilitate the annual renewal/review.

Who you are

• You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

• You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way

• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

• You're fluent in French and English

• You have a degree/diploma in Business Administration, Finance or Property Management.

• 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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, 10th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Banking, Business Development, Client Service, Customer Experience (CX), Lending, Portfolio Management, Preparation of Financial Reports, Real Estate Financing, Researching