Associate Portfolio Manager and Underwriter - Asset Based Lending

About the position

You will join CIBC's Asset Based Lending team to provide support to account teams through relationship management and credit management processes as well as providing transactional support for client specific financing solutions. This role will prepare you for a rewarding career as a Relationship Manager, Commercial Banking and strategic partner to some of the United States leading companies. You will be committed to delivering on flexible business solutions, dedicated business expertise and timely business advice to help clients realize their goals.

Responsibilities

• Assist Relationship Managers with the strengthening of existing ABL accounts.
• Review financial models and other quantitative information to appropriately analyze a transaction.
• Underwrite and present transactions to risk adjudication.
• Assist with the negotiation of legal documentation.
• Monitor collateral.
• Assist in evaluating business growth opportunities through comprehensive industry, client and prospect research.
• Prepare analyses in support of credit submissions including structuring and documentation.
• Proactively assess clients' needs and propose solutions to meet those needs.
• Interact with assigned clients to facilitate prompt responses to questions, enquiries or issues.
• Apply acquired industry/company knowledge to the development of client/prospect proposals for financial and strategic solutions.

Requirements

• Experience in financial statements, borrowing base certificates, and accounting principles including valuation techniques and cash flow analysis.
• Degree/diploma in Business, Finance, Accounting, or related field.

Nice-to-haves

• Ability to investigate complex problems and communicate detailed information in a meaningful way.
• Thrive when empowered to take the lead and deliver results.
• Embrace and champion change to continuously evolve thinking and work.
• Understand the power of collaboration and inclusive teamwork.
• Live values of trust, teamwork, and accountability.

Benefits

• 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).
• Competitive salary and incentive pay.
• Banking benefits and a benefits program.
• Wellbeing support.
• MomentMakers, a social, points-based recognition program.
• Purpose Day; a paid day off dedicated for personal growth and development.