Sr. Specialist, Operations Management III

About the role

The Loan Coordinator is responsible for receipt, review and approval of Commercial and Commercial Real Estate loan documentation and due diligence, ensuring each transaction is in compliance with Bank Policies and Guidelines and Federal and State Regulations. The Senior Loan Coordinator is generally a subject matter expert; available for consultation. The individual may have deep knowledge of niche loan products, and may review more complex transactions.

Responsibilities

• Ensure that the proposed transaction is in compliance with Bank Policies and Guidelines and Federal and State Regulations.
• Responsible for the receipt, review and approval of Commercial and Commercial Real Estate loan documentation, which may be either attorney-prepared or documented in-house via LaserPro, relative to conformity with the approved Loan Presentation.
• Ensure loan documentation and closing deliverables have been received, or otherwise waived prior to the loan funding and booking processes.
• Cook up with Line of Business Relationship Manager and Portfolio Coordinator, Loan Operations, Business Support Units, and Title Companies. May also require coordination with Outside Counsel, Syndications and Administrative Agents.
• Board and track loan document exceptions to ensure that liens are properly perfected and all necessary documents are properly recorded and delivered to the Bank in a timely manner.

Requirements

This position is part of the centralized Loan Operations Closing Team, reporting to the Loan Closing Team Lead. 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 2-3 days per week on-site, while other days will be remote.

Qualifications

• Bachelor’s degree is preferred.
• Minimum 10+ years’ related experience; Loan Closing experience (or similar) in a Bank or Financial Institution environment is required.
• Excellent interpersonal and collaborative skills (both written and verbal) required.
• Commercial loan documentation and product knowledge required.
• Detail-oriented with ability to multi-task in a fast-paced environment required.
• Strong computer skills including knowledge of Microsoft 365 productivity software required.
• Strong critical thinking and problem-solving skills.
• Able to effectively balance excellent client service and risk management.
• Knowledge of CIBC’s loan systems, FIS, ACBS, PCFS, Aspire, an asset.

Skills

• Analytical Thinking
• Business Operations
• Customer Service
• Operations Management
• Operations Support
• Prioritization
• Process Improvements
• Technical Knowledge