Associate, Sponsor Finance Credit Solutions â Innovation Banking

CIBC Innovation Finance; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

CIBC Innovation Finance seeks a dedicated Associate in Sponsor Finance Credit Solutions in Toronto. This role involves underwriting and managing client accounts for technology companies throughout their business cycles. Candidates should have strong analytical skills, a relevant degree, and a passion for driving client success within a supportive environment.

Benefits

Competitive salary and incentive pay

Employee share purchase plan

Vacation offering and wellbeing support

Paid growth and development days

Qualifications

• Experienced in commercial lending or adjudication.
• Ability to analyze financial data and evaluate complex capital structures.
• Strong knowledge in marketplace and loan structuring.

Responsibilities

• Underwrite and manage client accounts for private and growth-equity backed technology companies.
• Monitor a portfolio of Innovation Banking loan accounts for compliance and due diligence.
• Collaborate closely with sales team for business development.

Skills

Analytical Thinking

Credit Risk Management

Financial Analysis

Portfolio Management

Education

Bachelors in Business, Finance, Accounting, or Technology

MBA / CFA / CA / CGA / CMA (preferred)

Job description

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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.

To learn more about CIBC please visit

What Youll Be Doing

CIBC Innovation Banking provides strategic advice and funding to North American innovation clients at each stage of their business cycle from start up to IPO and beyond.

As an Associate Sponsor Finance Credit Solutions you will be involved with all aspects of underwriting managing and reporting on client accounts for private and growth-equity backed technology companies across North America and Europe providing customized credit solutions to high-growth businesses. Your role will include regular monitoring of a portfolio of Innovation Banking loan accounts to ensure compliance with all agreed terms analyzing due diligence results to validate lending eligibility preparing credit applications and other credit correspondence analyzing borrowers financial condition and account status and actively assisting with the negotiating of legal documentation. You will also maintain ongoing relationships with an assigned portfolio of accounts. You will work closely with the sales team to develop your skills for a career path in business development.

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 Youll Succeed

• Client First Proactively assess your clients needs and propose solutions to deliver to meet those needs. Provide continued partnership and support to your clients through understanding their goals and objectives. Appropriately address borrowers requests in a timely manner and ensure that any related credit applications are completed accurately and in a timely manner.
• Credit Management Assist the relationship manager and / or senior underwriter to prepare strong financing proposals (structuring terms and conditions including security covenants and pricing) that properly reflect and compensate CIBC for assessed risk. Assist in preparing draft recommendations on credit submissions and investment proposals to present to senior management. Assist with comprehensive due diligence on all transactions including preparing credit memoranda and other credit correspondence in a well thought out thorough and efficient manner. Work with the Business Development team throughout the underwriting process for new transactions complete credit correspondence review documentation set up reporting etc.
• Portfolio Management Manage a portfolio of loan accounts while ensuring reporting requirements are met financial covenant tests are completed and comprehensive credit reviews are prepared and submitted to the risk group. Approve loan advances based on appropriate review and compliance of documents submitted by borrowers.
• Management Reporting Provide management with information on accounts proactively report on problems or issues complete reviews and present analysis on borrowers financial condition.

Who You Are

• You demonstrate experience in commercial lending or adjudication and strong knowledge of marketplace and loan structuring. This experience may have been gained through working in technology lending sponsor finance and commercial banking.
• You give meaning to financial data. You enjoy investigating complex problems and making sense of information. You have a good understanding of corporate finance and the ability to evaluate and understand complex capital structures.
• Education Youve Completed. You have a Bachelors or equivalent degree in Business Finance Accounting Technology or related field. Advanced business degree or professional designation (MBA / CFA / CA / CGA / CMA) or equivalent work experience would be an asset.
• Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.

LI-TA

What CIBC Offers

At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.

We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program

• an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social points-based recognition program.

Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

• Subject to plan and program terms and conditions

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

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 French proficiency MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay 10th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking Business Credit Business Development Credit Processes Credit Risk Management Ensure Compliance Financial Analysis Group Problem Solving Portfolio Management

Required Experience :

Key Skills

Experience : years

Vacancy : 1

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