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What You’ll Be Doing
As a Director within Corporate Credit Risk, you will be an integral part of the team responsible for the credit assessment and ongoing risk management of CIBC’s US leveraged lending portfolio. You will work closely with senior Credit Risk management and Line of Business partners to evaluate new transactions, conduct credit due diligence, and monitor existing borrowers, ensuring compliance with CIBC’s credit policies and risk appetite.
You will be responsible for conducting comprehensive credit assessments, evaluating transaction structures and financial performance, preparing credit recommendations, and assessing periodic credit reviews to support the ongoing monitoring of the portfolio.
How You’ll Succeed
Credit Analysis and Due Diligence – Conduct comprehensive credit analysis and due diligence on new leveraged lending transactions, including the assessment of financial performance, cash flow projections, capital structures, leverage, liquidity, and debt repayment capacity.
Transaction Assessment – Evaluate proposed credit transactions, including acquisitions, refinancings, amendments, and incremental financing requests. Assess transaction structures, financial covenants, key credit risks, and mitigating factors.
Portfolio Management – Assess Annual and Quarterly Credit Reviews prepared by the Portfolio Management team, monitor portfolio performance and credit quality, identify emerging risks, and recommend appropriate risk mitigation strategies.
Financial Analysis – Evaluate financial models, management projections, and borrower performance against budgets and forecasts. Assess leverage, liquidity, cash flow generation, and debt service capacity under base and downside scenarios.
Credit Recommendation – Prepare clear, well-supported credit assessments and recommendations for senior Credit Risk management, highlighting key risks, mitigating factors, and proposed credit structures.
Risk Management – Apply CIBC’s credit risk rating methodologies and policies to ensure objective and accurate assessments of borrower creditworthiness. Evaluate proposed risk ratings and recommend adjustments where appropriate.
Collaboration – Develop strong working relationships with Corporate Banking, Capital Markets, Portfolio Management, and other internal stakeholders to facilitate effective credit decision-making while maintaining independent risk judgment.
Compliance – Demonstrate a strong understanding of leveraged lending regulatory guidance, CIBC’s credit policies, and risk management practices. Ensure credit assessments and portfolio monitoring activities are consistent with CIBC’s risk appetite and applicable regulatory requirements.
Who You Are
You can demonstrate experience. You have 8+ years of relevant experience in Corporate Credit Risk, Leveraged Finance, Corporate Banking, or a related credit underwriting function, with strong financial analysis and credit assessment skills.
You can demonstrate knowledge. You have a strong understanding of leveraged lending structures, financial statement analysis, cash flow modeling, debt capital structures, financial covenants, and credit risk assessment.
You have strong analytical skills. You are comfortable evaluating complex financial information, assessing borrower performance, identifying key credit risks, and developing well-supported credit recommendations.
You understand portfolio management. You have experience monitoring corporate borrowers, assessing periodic credit reviews, evaluating financial performance, and identifying emerging credit…