Job Description

We\xe2\x80\x99re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what\xe2\x80\x99s 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



What You\xe2\x80\x99ll Be Doing

As the Senior Manager, Credit Oversight, you will be responsible for providing credit compliance, oversight, guidance and support. You will be accountable for regional compliance reporting, maintaining an overall view of the market\xe2\x80\x99s loan portfolio quality and providing oversight and assistance on higher risk accounts. You will also assist Team Leaders in training and development of Relationship Managers with respect to credit underwiring and portfolio management.

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\xe2\x80\x99ll Succeed

Compliance and Oversight: Approve the temporary excess authority for all Managers, Associates, and Credit Analysts in the market. Manage and ensure the appropriate implementation of new credit activities and initiatives. Implement and monitor adherence to compliance to policy as it relates to the credit function. Centralize audit issues as they relate to credit and assist in corrective actions/follow-up to audit observations for the region. Advise RVP of the status of credit related scorecard metrics for the market. Review and provide guidance on credit submissions with a focus on new credits, exposures less than $10MM, and complex credits, to ensure credit submissions meet prudent underwriting standards, quality credit submissions and alignment with business strategy. Foster open communication with CCA obtaining on-going feedback on credit oversight for the region.

Oversight of Market\xe2\x80\x99s Loan Book and Portfolio Compliance: Participate in quarterly loan portfolio reviews for all teams to ensure the early detection of problem accounts, and provide guidance and support on high risk accounts, as necessary. Coordinate with Regional Risk Management as required. Closely monitor the credit expiries for the Region, ensuring the team is managing the Credit Expiry within guidelines. Monitor the reportable expiries on the RIL and track the expiry count monthly. Provide Monthly Reports to the RVP and Team Leaders on the summary RIL findings and risk trends. Review daily escalations from CPS for the region and ensure appropriate actions taken. Review all CPS Exception Notifications and notify the Team Leader where appropriate.

High Risk Oversight and Management: Ensure proper due diligence has been conducted to understand the credit and business risks attached to the high risk accounts. Provide guidance on the development and implementation of appropriate strategies to restore credit risk to acceptable status for each account. Encourage appropriate pricing of high risk accounts meet hurdle ROE targets (to the extent possible), and that it adequately reflects the risk component. In the event that a credit relationship has been targeted for divestiture, monitor the process to ensure that it occurs in a timely and orderly manner. Review Quarterly Watchlist Reports as applicable prior to submission.

Training and Development: Work closely with the Team Leaders and Relationship Managers to ensure credit training requirements are identified in personal development plans and take a shared role in assisting in the Relationship Manager\xe2\x80\x99s developmental needs/objectives. Provide support, as needed to credit training initiatives and procedures within the region, in particular orientation of new employees with credit responsibility. Train RM\xe2\x80\x99s on RIL and portfolio compliance activities

People Leadership: Manage a team of Credit Analysts as well as a Credit Writer to influence their employee commitment to the organization, to the team and to their jobs. Set appropriate context when assigning work to ensure that individuals\xe2\x80\x99 roles support the achievement of the business unit\xe2\x80\x99s priorities and CIBC\xe2\x80\x99s overall goals. Build team and individual capabilities by providing leadership and coaching, in addition to other development opportunities such as job shadowing, special projects, and training. Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities. Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

Who You Are

You can demonstrate experience in portfolio management, particularly at the mid-market level including strong credit risk management skills with an emphasis on high risk accounts. Comprehensive knowledge of financial principles, particularly legal and accounting issues relating to loan restructuring is required.

It\xe2\x80\x99s an asset if you have strong knowledge of CIBC credit policies, practices and products (RAROC, MFA, MIF, Risk Rating Model, and RILs).

Your influence makes a difference. You know that relationships and networks are essential to success and you have the ability to communicate and negotiate effectively with a wide range of clients and their representatives.

You\'re passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.

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 \xe2\x80\x93 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 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

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 Halifax-1809 Barrington St. 15

Employment Type Regular

Weekly Hours 37.5

Skills

Analytical Thinking, Business Credit, Business Development, Credit Proposals, Credit Risk Management, People Management, Problem Solving

CIBC