Commercial Banking Associate - Equipment Finance
CIBC US · Chicago, IL · 1 mo ago
Management$85k–$110k/yrFull-time
What You'll Be Doing
The Equipment Finance Associate works in a dynamic environment alongside Sales, Operations, Asset Management and Management colleagues to originate loans and leases. This candidate will support new business origination, servicing of the existing portfolio of loans and leases, and developing sales materials. This role will cover CIBC Equipment Finance’s nationwide business.
This role enables the work environment most optimal for you to thrive in your role. Details on your work arrangement will be discussed at the time of your interview.
How You'll Succeed
- Capture transactions from opportunity inception through booking.
- Create marketing materials, term sheets, and market presentations.
- Aid with pricing, credit approval preparation, and document negotiation.
- Support end-to-end relationship management including portfolio servicing and payoff requests.
- Maintain Salesforce pipeline and client/prospect records.
- Engage with asset management and operations in the execution and original transactions as well as ongoing portfolio maintenance.
Who You Are
- You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
- You are driven to succeed. You’re motivated by accomplishing your goals and delivering your best to make an impact.
- You have a degree/diploma in accounting, finance, or a related field. Minimum of 1-3+ years of experience in within the banking or financial services industry. Formal Credit Training completed.
What CIBC Offers
- A competitive total rewards package, including an expected salary range of $85,000 - $110,000 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.
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).