Portfolio Manager - Commercial Banking (Middle Market)

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.

About the role

The Portfolio Manager’s primary purpose is to ensure objectives related to credit underwriting and internal portfolio management are met, in addition to supporting the workflow of the Commercial Team of RMs and commercial lending associates. This position will provide approval within established guidelines for daily credit/portfolio administrative activity. The Portfolio Manager will be responsible for underwriting, portfolio management, and execution of 1A risk management activities in a manner consistent with CIBC’s risk culture.

Responsibilities

• Serve as the client’s primary contact/resource/advocate at the Bank for portfolio-related issues, reporting, maintenance, or new requests on existing credit.
• Lead renewal activities with existing clients, collaborating with Relationship Managers (RMs).
• Remain active and engaged in periodic client calls and visits for the assigned portfolio.
• Maintain Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs).
• Drive the loan closing process with the internal closing team and Portfolio Coordinator, engaging RMs as needed for material changes to negotiated business terms.
• Work with CIS Relationship Support to update or correct identified data issues.
• Address upcoming maturities and annual reviews on time; help remediate payment past dues.
• Ensure all customer financial reporting and covenants are collected on time.
• Support the closing team to ensure collection of outstanding loan document exceptions.
• Follow up on past due real estate taxes and insurance certificates to clear exceptions.
• Prepare CAMP reports and quarterly trend cards/reviews.
• Complete FAS 114 memo/analysis.
• Perform quarterly SOX controls and ensure accurate risk ratings at all times for the covered portfolio.
• Respond to approval requests for overdrafts, manual wires, NSF wires, ACH suspensions, etc.
• Review borrowing base availability and approve loan advances.
• Coordinate onboarding, deposit account opening, and TM setup activities.
• Review pricing grid/tickler reports to ensure pricing and fees have been applied/adjusted correctly.
• Consult with the RM on cross-sell opportunities.
• Mentor and provide situational training support to Associates and Sr. Associates.

Requirements

• Degree/diploma in Business, Finance, Accounting, or a related field.
• Minimum of 5 years of experience in Commercial Banking, including client relationship management and formal credit training.
• Demonstrated experience in Commercial Middle Market and/or Mid-corporate Banking.
• Solid understanding of financial statements and accounting principles, including valuation techniques and cash flow analysis.
• Experience managing the credit quality of a portfolio of commercial banking clients.
• Experience in loan structuring and business development.
• Completion of a Commercial Banking Training Program or equivalent is desirable.
• Maintain active participation in industry events to stay current with market knowledge and client relationships.

Skills

• Relationship building and business development.
• Teamwork and collaboration with internal partners.
• Client experience and proactive assessment of client needs.
• Strong communication and advocacy for clients.
• Industry and company knowledge to develop financial and strategic solutions.

Benefits

• Competitive total rewards package.
• Medical, Dental, Vision, and other insurance plans.
• Health Savings Account.
• Life Insurance and Disability coverage.
• Paid Time Off (including Sick Leave, Parental Leave, and Vacation).
• Holidays.
• 401(k) retirement plan.
• MomentMakers: social, points-based recognition program.
• Banking benefits and incentive pay, including discretionary bonus opportunities.
• Purpose Day: a paid day off dedicated to personal growth and development.

Pay

This role has an expected salary range of $150,000 - $170,000 for the market, based on experience, qualifications, and location.

Schedule

Full-time, 40 hours per week.

Job Location: FL-Miami, 2800 Ponce de Leon Blvd Ste 510. Employment Type: Regular.