Associate - Commercial Banking - Healthcare

What You Will Be Doing

We are seeking an Associate to join the Healthcare Lending team. This role supports portfolio management of the existing Healthcare Lending business, evaluation of new lending opportunities, market and industry research, and maintenance of strong client relationships.

The successful candidate will have a post-secondary degree in finance, business or a related field, strong analytical and organizational skills, and excellent written and verbal communication abilities. Prior experience in healthcare lending or commercial lending is considered an asset.

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

• Analyze and opine on the financial statements of borrowers and prospects, evaluating their overall condition and viability using CIBC’s financial models.
• Engage with clients and prospects to collect routine information and address ongoing portfolio management requirements.
• Prepare loan presentations and credit approval documentation for all required credit actions.
• Complete risk analyses of borrowers and prospects using the CIBC risk rating model.
• Manage CIBC’s client relationship database for existing transactions and future prospects.
• Develop skills to appropriately structure deals including setting covenants and reporting requirements.
• Conduct market research comparing clients to local market peers.

Who You Are

• You have 3+ years of demonstrated experience in Commercial Banking.
• You have developed knowledge of regulatory expectations and industry best practices in risk management.
• You are a strong team player and able to work with productively with colleagues towards common goals.
• You have excellent written and verbal communication skills.
• You are a strong analytical and problem solving skills.
• You are results oriented with a high degree of attention to detail.
• You have formal Credit Training at CIBC.

What CIBC Offers

• A competitive total rewards package, including an expected salary range of $75,000 - $90,000 for the market based on experience, qualifications, and location of the position.
• The opportunity to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component.
• A full range of benefits and programs to meet your 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).
• California residents — your privacy rights regarding your actual or prospective employment.