CIBC

posted 16 days ago

Full-time - Entry Level
10,001+ employees
Credit Intermediation and Related Activities

About the position

The Commercial Loan Coordinator at CIBC is responsible for the receipt, review, and approval of commercial loan documentation, ensuring compliance with credit policies and timely processing of loan transactions. This role supports the Commercial Loan Lines of Business and is part of the centralized Loan Operations Closing Team, focusing on large and mid-sized commercial and real estate loan transactions, including syndicated credits.

Responsibilities

  • Receive, review, and approve commercial loan documentation.
  • Ensure all loan documents are received or waived prior to the loan booking process.
  • Verify that proposed transactions comply with credit policy.
  • Track outside loan exceptions and ensure timely recording and delivery of necessary documents to the bank.
  • Support the Commercial Loan Lines of Business as part of the centralized Loan Operations Closing Team.

Requirements

  • Bachelor's degree preferred.
  • Loan closing experience in a bank or financial institution environment.
  • Excellent interpersonal skills, both written and verbal.
  • Detail-oriented with the ability to multi-task in a fast-paced environment.
  • Strong computer skills, including knowledge of Microsoft Excel and Microsoft Word.
  • Knowledge of ACBS and Metavante is a plus.
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