What you'll be doing
The Business Banking Credit Adjudication team of CIBC is accountable for reviewing, processing and approving both secured and unsecured applications. As the Business Banking Credit Risk Manager, you'll work under the supervision of the Director and provide credit assessments and approval services of Business Banking credit applications within delegated limits and BCLASS credit structuring support and advice to frontline lenders.
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.
How you'll succeed
- Analysis - Analyze and approve/decline/defer credit applications within the delegated authority, exercising sound judgment in the decision making process to ensure the quality of the Bank's portfolio is maintained.
- Risk Assessment - Assess the risk of Business Banking credit applications through consideration of financial history, cash flow and other analyses within established policies and guidelines. Make credit approval/decline decisions within delegated limits; assess then refer recommendations to your leaders for accounts above delegated limits.
- Make Recommendations - Recommend/negotiate alternative options on declined credit applications such as changes to the amount, structure and/or terms and conditions to arrive at an approval while maintaining a balance between customer relations and risk.
- Communication - Effectively communicate both the decision and rationale to assist Relationship Managers in explaining the Bank's decision to customers. Identify deteriorating accounts and take/recommend corrective action including transitioning accounts to Special Loans, Small Business or Client Account Management to minimize losses.
Who you are
- You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
- You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
- You can demonstrate experience in working with credit products, policies & processes. Working knowledge of Business Banking, legal and regulatory requirements. Exceptional credit risk knowledge and skills. Strong written & verbal communication skills.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.
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*, defined benefit pension plan*, an employee share purchase plan, 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
Job Location
Calgary-855 2 ST SW, 7th
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Thinking, Business Banking, Communication, Credit Decisions, Credit Risk Management, Decision Making, Financial Statement Analysis, Group Problem Solving, Retail Credit, Risk Monitoring, Risk Reporting