Associate, National Accounts

Canadian Imperial Bank of Commerce; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Associate for its National Accounts team in Toronto. This role involves providing analytical support for loan underwriting and credit analysis, engaging with clients to assess their financing needs, and collaborating with various teams to deliver creative financing solutions. The ideal candidate will possess a strong background in finance, excellent analytical skills, and a commitment to client service. Join a forward-thinking organization that values your ambitions and offers a supportive environment for professional growth.

Benefits

Competitive salary

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Social recognition program

Qualifications

• Experience in commercial credit and equity investment environments.
• Excellent financial modeling and accounting skills.

Responsibilities

• Provide analytical and research support for loan underwriting and credit analysis.
• Engage with clients to assess their financing needs.

Skills

Analytical Thinking

Client Service

Commercial Banking Relationship Management

Finance

Financial Analysis

Education

BBA or MBA

CA, CBV, CMA, CFA

Job description

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.

To learn more about CIBC, please visit CIBC.com

What you’ll be doing

As a member of the Commercial Banking team, you will be responsible for providing a broad range of analytical and research support to the team, supporting various aspects of loan underwriting, credit analysis and portfolio management. CIBC National Accounts consists of a team of banking professionals with expertise in lending to public and large private businesses. CIBC National Accounts specializes in structuring and managing larger credit facilities, complex structured transactions, and syndicated transactions.

As an Associate, National Accounts, you will provide a broad range of analytical and research support to the CIBC National Accounts team. You will work with several senior professionals to support a wide range of clients and prospects and will attend discussions with client management to assess the client’s financing needs. You will be responsible for supporting various aspects of loan underwriting, credit analysis and portfolio management. Specific duties include financial statement analysis, financial modeling, industry research and assisting in the preparation of information memoranda.

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 you’ll succeed

• Accountability – You will actively assist in the comprehensive due diligence process for new and existing credit transactions. You will contribute to ongoing account management responsibilities, ensuring that the portfolio meets with appropriate risk management guidelines and remains current with the changing methodologies. You will assist in the on-going monitoring of the terms and conditions of approved credit arrangements and appropriately identifying any relevant changes in the financial condition/business of a client.

• Client Experience - You engage with the purpose of finding the right solutions for clients and delivering creative financing solutions and value-added ideas. You will attend discussions with clients (executive, financial and operational) to assess financing needs and assist in the preparation of financing proposals.

• Analysis – You provide sound, timely, and well-communicated recommendations for credit facilities supported by a thorough analysis and well-executed interpretation of relevant financial, industry, business, and market information.

• Collaboration – You will assist with the activities of many parties including Legal, Trading Documentation, Capital Markets Trading and Corporate Adjudication.

• Relationship Building – Develop good relations with internal customers, external customers, and general industry contacts to generate new referrals and business opportunities.

Who you are

• You have a diploma/degree. You have your BBA or MBA. Other financial designations are considered an asset (i.e., CA, CBV, CMA, CFA etc.).

• You are an expert. You have experience in a commercial credit and/or equity investment environment. Excellent financial modeling and accounting skills. You understand lending policies, procedures and practices, asset-security valuation, loan interviewing, loan assessment, industry and competitive analysis and investigation.

• You have established an understanding. You have experience with financial and capital markets and solid analytical capabilities; financial modeling experience. Knowledge of Leveraged Finance products or processes is an asset.

• You have experience. You can assemble proposals and make recommendations

• You are a strong communicator. You have strong written and verbal communication skills

• You can work in a dynamic environment. prioritizing tasks to meet client demands and changing market conditions

• You have strong organizational skills. You demonstrate the ability to meet tight deadlines and have demonstrated attention to detail

• Values matter to you. You bring your real self to work, and you live our values – trust, teamwork, and accountability.

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*, defined benefit pension plan*, 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 [e-mail]

• 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, Client Service, Commercial Banking Relationship Management, Finance, Financial Analysis