Commercial Banking - Senior Group Portfolio Manager

CIBC; Chicago (IL); On-site; USD 175,000 - 220,000; Full time

Benefits offered by this job

MomentMakers recognition program

Competitive salary & incentive pay

Wellbeing support & benefits program

Purpose Day paid day off

Job summary

CIBC is seeking a Senior Group Portfolio Manager in Chicago to lead portfolio management and risk oversight for a defined group of commercial banking clients, aligning with the bank's risk culture and priorities.

You will guide Portfolio Managers and credit analysts, set direction, and foster an inclusive, high-performing team while partnering with Relationship Managers and risk partners to drive strong client outcomes.

Qualifications

• Experience in portfolio and credit leadership within commercial or corporate banking.
• Ability to lead through complexity while maintaining risk discipline.
• Strong collaboration with risk, credit, and relationship teams.

Responsibilities

• Lead portfolio management oversight across a defined area, ensuring reviews, renewals, reporting, risk ratings, pricing reviews, and remediation are completed on time.
• Drive sound underwriting and approval practices with partners while exercising delegated authorities within limits.
• Strengthen client experience by managing workflow visibility, onboarding, and closing processes, resolving issues that affect delivery.

Skills

Analytical Thinking

Business Banking

Business Development

Client Service

Financial Advising

Portfolio Management

Results-Oriented

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.

Please visit CIBC.com

What you’ll be doing

Commercial Banking supports clients with tailored financing, risk management, and strategic advice to help their businesses grow with confidence. As a Senior Group Portfolio Manager, you’ll lead portfolio management and first line of accountability risk management activities for a defined group of commercial or corporate banking clients, ensuring work is executed in a way that reflects CIBC’s risk culture and business priorities.

You’ll provide leadership to Portfolio Managers, Associates, and Credit Analysts by setting clear direction, building team capability, and creating an inclusive, high-performing environment. In this role, you’ll guide underwriting and credit decisions, advise on deal structure, oversee portfolio maintenance activities, and act as a key escalation point to support a strong client onboarding and closing experience. You’ll also represent the group in portfolio reviews, loan committee discussions, control activities, and regulatory or internal review processes, while partnering closely with Relationship Managers, Market Leaders, Group Heads, Credit Risk, and Portfolio Administration teams.

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

Lead portfolio management oversight - Direct portfolio management activities across a defined area of coverage, ensuring reviews, renewals, reporting, risk ratings, pricing grid reviews, and remediation items are completed accurately and on time.
Drive sound underwriting and approval practices - Partner with Relationship Managers, Market Leaders, and Group Heads to advise on deal structure, risk, and resource requirements, while exercising delegated credit and non-credit approval authorities within approved limits.
Strengthen execution and client experience - Manage workflow visibility and pipeline activity, support onboarding and closing processes, and act as an escalation point to resolve issues that may affect timely delivery or the client experience.
Champion risk management and controls - Lead first line risk management practices, support quarterly control requirements, oversee higher-risk transactions, and help the team prepare for internal credit reviews and external regulatory examinations.
Develop people and team capability - Set clear expectations, provide ongoing coaching and feedback, create development opportunities, and build a positive team environment aligned with CIBC’s mission, vision, and values.
Collaborate across partners - Serve as a key liaison with Credit Risk, Head of Portfolio Administration, and business partners to address portfolio issues, provide strategic direction, and support consistent decision-making across the group.

Who you are

You’re an experienced portfolio and credit leader. You bring strong experience in commercial or corporate banking, with deep knowledge of underwriting, credit structuring, portfolio management, and risk oversight in a complex lending environment.
You know how to lead through complexity. You can set direction, prioritize competing demands, and guide a team through high-volume workflows while maintaining strong quality and risk discipline.
You’re a thoughtful decision-maker. You use sound judgment to assess credit risk, identify emerging issues, and make recommendations that balance client needs with prudent risk management.
You’re a collaborative partner. You build strong working relationships across business and risk teams, and you’re confident engaging with senior stakeholders, support partners, and clients when needed.
You develop people with intention. You provide clear feedback, remove obstacles, and create opportunities that help team members grow their skills and perform at their best.
Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

California residents - your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of$175,000.00 - $220,0000.00for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participatein the relevant business unit's incentive compensation plan, which may also include a discretionary bonuscomponent. CIBC offers 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), Holidaysand 401(k), in addition to other specialperksreserved for our team members.

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*, 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, 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

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Banking, Business Development, Client Service, Financial Advising, Portfolio Management, Results-Oriented