Loan Operations Specialist IV

What You’ll Be Doing

• Conduct daily quality assurance checks on loans entered into core loan origination systems (ACBS, IBS, SBA, ASPIRE).
• Ensure loan data aligns with executed legal documents, such as Credit Agreements, Notes, Lease Agreements, and other supporting materials, in accordance with a 10-day service level agreement (SLA).
• Promptly identify discrepancies, maintain data accuracy, and initiate necessary corrections.
• Post-Booking Review & Compliance: Review and validate all post-booking and funding changes to loan records within a 5-day SLA. Confirm that all updates are properly documented and compliant with internal policies and regulatory standards.
• In-Office Operations Support: Issue cashier’s checks to Loan Operations team members, ensuring strict adherence to internal controls. Review executed documents from Line of Business (LOB) partners for Fast Track Loans to verify accuracy and completeness prior to further processing. Forward fully executed loan packages to the Collateral Team for secure scanning and record retention.

Preferred Qualifications

• Experience with syndicated loans and equipment finance.
• Familiarity with core loan systems (ACBS, Aspire, IBS, SBA).
• Experience handling attorney-prepared documentation.

Who You Are

• Strong knowledge of Attorney Prepared Loan Documents (Reading and Interpreting Lending Terminology).
• Loan System Knowledge (ACBS, IBS, Aspire, SBA) a plus.

CIBC

• At CIBC, we offer a competitive total rewards package, including a market-based expected salary range of $69,500 - $80,000 for the position.
• The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component.
• We offer 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.

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 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).