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 Credit Manager & Managing Director, you’ll be responsible for developing, implementing, and overseeing credit policies and procedures across the Private Banking & Deposits (PP&D) platform. You’ll play a key role in enhancing the overall efficiency of the credit process, ensuring compliance with regulatory requirements, and managing credit risk. Your work will support underwriting processes—particularly for private bank credits with specialty lending collateral—and help streamline operations to reduce errors and improve consistency. This role reports directly to the Head of Portfolio Management & Administration.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll have the flexibility to manage your work activities within a hybrid work arrangement. Details on your work arrangement (proportion of on-site and remote work) will be based on business need.

How You’ll Succeed

• Lead credit policy development: Create, implement, and manage credit policies and procedures tailored to PP&D.

• Drive process efficiency: Design end-to-end credit processes that reduce operational risk and enhance credit-related activities.

• Support private bank lending: Define policies for underwriting private banking credits, especially those secured by specialty lending collateral.

• Ensure regulatory compliance: Manage adherence to SOX regulations and conduct AIRB quality control reviews.

• Oversee credit reviews: Lead annual renewal processes and maintain quality control standards, including oversight of substandard credit updates.

• Partner across the business: Collaborate with internal stakeholders to implement platform improvements and deliver credit solutions that align with strategic goals.

Who You Are

• Experienced leader: You bring 10+ years of experience managing complex credit transactions and navigating the full credit lifecycle.

• Risk-focused: You have proven expertise in credit risk management and regulatory compliance.

• Process optimizer: You excel at designing and implementing streamlined processes that improve operational effectiveness.

• Private banking savvy: You’re familiar with the nuances of private banking credit structures and specialty collateral.

• Collaborative influencer: You partner effectively with bankers and leadership to drive platform enhancements and business outcomes.

What You Need to Succeed

• Deep experience in credit policy, risk management, and regulatory frameworks.

• Strong understanding of underwriting and renewal processes for private banking credits.

• Demonstrated ability to manage credit quality metrics and support sound portfolio performance.

• A proactive mindset to lead change, deliver solutions, and improve platform capabilities.

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected base salary range of $230,000 - $260,000 for the New York, New York 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.

This position does not offer visa sponsorship.

#LI-TA

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 Mailbox.careers-carrieres@cibc.com

• 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.

Job Location

NY-300 Madison Ave., 7th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Development, Business Growth Strategies, Client Service, Customer Experience (CX), Group Problem Solving, Investment Advising, People Management, Wealth Management