Senior Relationship Manager, Commercial Banking (indigenous Markets) Contract

Vancouver, BC, Canada

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 visitWhat You\xe2\x80\x99ll Be DoingAs the Senior Relationship Manager, Commercial Banking (Indigenous Markets), you will be responsible for meeting the needs of our Indigenous clients and driving business growth in the commercial segments by working as the key relationship manager for your clients. You will leverage partnerships with the broader market team and coordinate with key internal partners across CIBC to deliver a broad range of Commercial Banking and financial solutions. You will have ultimate responsibility of clients, with credit needs generally above $5MM range and/or complex cash management requirements. In this role, you will be accountable for CIBC capital in each client relationship. You will manage the credit process and the overall credit quality of the accounts/portfolio, including identification of deteriorating credit situations in a timely manner.Due to the unique characteristics and needs of the Indigenous client segment, you should have experience with Indigenous communities and businesses and be knowledgeable about the operations of Indigenous economic development corporations.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.Note: This role is open to locations throughout BC.How You\xe2\x80\x99ll Succeed

  • Relationship Management - Manage relationship with Indigenous commercial clients, responsible to be the client advocate within the Bank, proactively work with relevant internal banking partners. Proactively engage with internal partners, prospects, clients and COIs in a manner that expands CIBC\xe2\x80\x99s presence and awareness of Indigenous communities and businesses throughout the Senior Manager\xe2\x80\x99s region (travel is required). Actively monitor and manage the profitability of CIBC\xe2\x80\x99s relationship with Indigenous clients within the context of building a long-term mutually beneficial relationship through an approach that remains respectful about the client\xe2\x80\x99s culture, community and values, and fully understanding the goals, objectives and status of the client\xe2\x80\x99s business. Originate new client relationships that leverage knowledge and expertise, CIBC\xe2\x80\x99s capabilities and that meet CIBC risk tolerances and profitability hurdles, to grow the Indigenous Banking business and CIBC\xe2\x80\x99s overall Indigenous portfolio. Ensure that we deliver a one team approach by ensuring that we present solutions that address every aspect of the Indigenous client\xe2\x80\x99s relationship with CIBC. This will require open communication with, active referrals to and close coordination with relevant internal partners, such as CIBC Retail Banking, CIBC Wealth Management and CIBC Wood Gundy. Ultimately accountable for retention of clients. Conduct client relationship reviews annually and support Net Promoter Score activities to ensure retention. Proactively assess client needs and propose products/solutions to meet those needs and the client\xe2\x80\x99s broader business objectives. Ensure that clients continue to be aware of the benefits of using these products, as well as new products available to them. Continuously update knowledge on new products and remain current with Indigenous initiatives/programs offered by internal partners that may be of value to clients. Continuously identify and actively pursue personal development related to the role (for example, systems, relationship building/selling skills, product knowledge, tools used within the business, financial analysis, etc.). Share learning within the business.Act as a mentor and/or provide guidance to the Managers, Associates and other support staff
  • Credit Management - Accountable for credit risk, credit expiries and the credit application process. Ensure a thorough understanding of the client\xe2\x80\x99s business and ensure risk ratings reflect the inherent risk at all times. Identifies, in a timely manner, any deteriorating credit situations and takes the necessary steps to protect the Bank\xe2\x80\x99s position, including early advice to Credit Risk Management, and referral to a high risk manager (if applicable). Manage all dealings internally and with clients in a manner consistent with the standards prescribed by CIBC policies and procedures, including Reputation and Legal Risk, Anti-Money Laundering, Code of Conduct, Credit Management, etc.
Who You Are
  • You have demonstrated ability to navigate the intricacies unique to Indigenous businesses, governance structures and land designations, and how these characteristics influence credit and lending processes. You have very good ability to navigate the organization, resulting in efficient execution of the credit process with risk management.
  • You have well-developed relationship, management, origination and selling skills demonstrated through previous success in these areas. Ability to build a network, to make new contacts, build relationships with Indigenous clients and prospects, identify and/or create new opportunities and bring appropriate finance, advisory and treasury solutions to clients which meet and/or anticipate a client\xe2\x80\x99s needs. A track record of closing deals.
  • You have the ability to build a profile, both externally and internally. Value adds with Indigenous businesses, organizations and communities, the financial industry and with internal partners. You are able to develop the profile into effective working relationships with Indigenous clients and internal partners.
  • You have a comprehensive level of knowledge of strategic planning, business planning, forecasting, and modeling gained through extensive hands-on experience. You must be able to advise on strategic and best practices for growing and managing an Indigenous corporation.
  • You have a well-developed understanding of financing options and their applicability to various Indigenous business scenarios.
  • You have well-developed and client segment relevant credit skills for conducting intensive due diligence, and for identifying and mitigating risk. Comfort with exercising independent judgment
  • You have demonstrated experience in formulating financial solutions, including the ability to conceptualize and execute broad-based financial deals for Indigenous clients that optimize the cost of capital and liquidity to the firm.
  • You have product knowledge, to include not only a strong understanding of core commercial products and services, but a solid understanding of investment banking, capital markets and other alternatives, including Indigenous offerings/initiatives in development/established across the bank such as within Retail Banking, Wealth Management, Community Giving, Sponsorship & Marketing and Diversity and Inclusion.
  • 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 OffersAt 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.*Subject to program terms and conditionsWhat you need to knowCIBC 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 contactYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permitWe 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.Expected End Date 2025-04-01Job Location Vancouver-400 Burrard St, 6thEmployment Type Temporary (Fixed Term)Weekly Hours 37.5Skills Analytical Thinking, Business Banking, Business Development, Client Relationship Management, Financial Advising, Portfolio Management, Results-Oriented

CIBC

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD2323419
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Vancouver, BC, Canada
  • Education
    Not mentioned