Commercial Real Estate Underwriter - Debt Products Manager Job at CIBC, Minneapolis, MN

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  • CIBC
  • Minneapolis, MN

Job Description

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

The Debt Products Manager (DPM) primary purpose is to ensure objectives related to credit underwriting for new loan origination activities are met. The DPM is responsible for producing consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US Commercial Real Estate (CRE). The position is ultimately accountable for all material presented throughout the loan origination life-cycle, in New Deals Committee, Prescreen, and Loan Presentations. The DPM will work in close collaboration with their assigned Client Management Regional Head, Market Leads, Asset Management team and their Debt Products Team Lead in various capacities, throughout the loan life-cycle. The role has both external and internal responsibilities including direct engagement with Syndications and Capital Markets, as well as Lender’s counsel, amongst others. The DPM will have direct Borrower interaction and will be responsible for maintaining the client-focused nature of the CRE business

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 3 - 4 days per week on-site, while other days will be remote.

How yo u'll succeed

  • Teamwork - Strong team player and able to work with productively with colleagues towards common goals
  • Excellent written and verbal communication skills
  • Strong analytical and problem-solving skills
  • Client experience - Proactively assess your clients’ needs and propose solutions to deliver to meet those needs. Interact with assigned clients as necessary to facilitate prompt response to questions, enquiries, or issues to provide “best in class” service. Apply acquired industry/company knowledge to the development of client/prospect proposals for financial and strategic solutions to meet client needs.

Who You Are

  • You can demonstrate a minimum 4 years of applicable experience in underwriting, structuring, loan closing, documentation, and portfolio management, solid working knowledge of regulatory expectations and industry best practices in risk management.
  • You can demonstrate an understanding of financial risks (i.e., credit, market and/or liquidity) and/or non-financial risks (i.e., operational, compliance, reputation, strategic), and of financial services businesses and products
  • You can demonstrate understanding of all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.)
  • You can demonstrate a knowledge of current market/industry trends in commercial real estate.
  • You can demonstrate prior experience in adhering to loan policies and procedures, ensuring that standards and guidelines governing loan originations and closings have been appropriately followed.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000.00-$135,000.00 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

California residents — your privacy rights regarding your actual or prospective employment

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*, 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, 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

MN-50 South 6th St

Employment Type

Regular

Weekly Hours

40

Skills

Business Banking, Business Development, Business Opportunities, Client Service, Customer Experience (CX), Lending, Portfolio Management

Job Tags

Full time, Remote work, 3 days per week,

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