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

As a member of the Corporate Banking team, you’ll work in a fast-paced organization where you’ll make a meaningful difference in our clients’ lives.

As Associate, Agency Services, Project Finance & Infrastructure, you will be responsible for managing all client-facing and lender-facing activities (inter alia, the processing of waivers, extensions, consents, amendments, refinancings) on transactions in our portfolio where CIBC is acting as Administrative Agent or is a bilateral lender to a client.   The Agency Services team will serve as the main point of contact for deal stakeholders (sponsors, borrowers, consultants, lawyers, lenders etc.) while closely working with the Portfolio Management team and Deal Execution Teams.

How You’ll Succeed

• The Associate will be responsible for providing dedicated coverage of agented or bilateral transactions in conjunction with the New York Portfolio Management and Deal Teams and the Toronto based CPS (Agency) team

  • Serve as the main point of contact for deal stakeholders as set out above

  • Co-ordinate the lender group in responding to Borrower requests such as amendments, waivers or consents

  • Co-ordinate and direct the relevant advisors on a transaction (e.g. independent engineer, legal advisor, insurance consultant) as needed to respond to Borrower requests

  • Distribute required information and reports to lenders as needed

  • Organize and participate in all lender / sponsor calls and updates

  • Discuss and answer credit and deal structure related questions from other lenders.

  • Determine whether required lenders have approved or declined borrower requests

  • Assist Portfolio Management Agency team leader in various reporting and presentations to CIBC senior management

Who You Are

CIBC possesses a strong culture that enables it to attract, integrate and retain exceptional Corporate and Investment Banking professionals and clients. It is committed to developing its employees over the long-term and building a sustainable team and business. CIBC’s commitment to its clients, teamwork, integrity, professional excellence and objectivity is embodied today in the firm’s core values.

• It is essential for the successful candidate to fit properly and successfully within those elements of the CIBC culture.

• The ideal candidate will have 3+ years of experience working in Project Finance in an Agency Services function and will have demonstrated skills in client / relationship management, stakeholder engagement, consensus building and optimizing operational efficiencies

• Candidate must have experience in Project Finance loan documentation and knowledgeable in the roles and responsibilities of deal advisors (lawyers, engineers etc.)

• Candidate must have a solid understanding of the credit standards and terms for project financings in order to work closely with the Portfolio Management team and the credit approval process at CIBC.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $150,000-$185,000 for the New York, NY 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 also may 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.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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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 [email protected]

• 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.

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