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

The Business Banking Credit Adjudication team of CIBC is accountable for reviewing, processing and approving both secured and unsecured applications.

As the Credit Risk Associate, Business Banking, you’ll work under the supervision of the Senior Business Banking Credit Risk Manager and provide credit assessments and approval services for Business Banking credit applications within delegated limits and credit structuring support and advice to frontline lenders. You will also assist with various administrative functions within the Business Banking Credit Adjudication team.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

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 leader 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.
• Effectively Communicate With Business Partners - Effectively communicate both the decision and rationale to Relationship Managers on credit applications. Identify deteriorating accounts and take/recommend corrective action including recommending transitioning of accounts to Special Loans or Client Account Management to minimize losses where necessary.
• Be a Proactive Advocate for Change both within Risk and Business Banking – The Business Banking Credit Risk Associate will also partner closely with the Business Banking frontline. This will generally include regular and direct contact with both Business Banking frontline and Credit Execution, as well as clients as deemed necessary.

Who you are

• You have a university degree in Commerce or Economics (new graduates welcome).
• 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.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
• You're fluent in French and English to support business operations outside of Quebec, Canada

#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*, 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

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, French proficiency, 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

Mont-1155 Rene Levesque 14th

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Credit, Credit Decisions, Credit Processes, Credit Risk Management, Ensure Compliance, Group Problem Solving