Director, Corporate Credit Risk – Leveraged Finance

CIBC US; New York (NY); On-site; USD 195,000 - 230,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Benefits program

Vacation offering

Wellbeing support

MomentMakers recognition

Job summary

CIBC in New York is seeking a Director within Corporate Credit Risk to lead credit assessments and ongoing risk management of the US leveraged lending portfolio. You will evaluate new transactions, perform due diligence, prepare credit recommendations, and monitor existing borrowers with attention to regulatory compliance.

We value strong financial analysis, collaboration with partners across Corporate Banking and Capital Markets, and a track record of independent, objective risk judgment.

Qualifications

• 8+ years of experience in Corporate Credit Risk or related underwriting.
• Strong understanding of leveraged lending structures and covenants.
• Ability to evaluate borrower performance and develop credit recommendations.
• Experience monitoring corporate borrowers and credit reviews.
• Bachelor's degree in Finance, Accounting, Economics, Business Administration; MBA assets.

Responsibilities

• Assess credit analysis and due diligence on leveraged lending transactions.
• Evaluate proposed credit transactions and assess risks and covenants.
• Monitor portfolio performance and recommend risk mitigation strategies.
• Evaluate financial models, projections, and debt service capacity.

Skills

Credit Analysis

Credit Risk Management

Financial Analysis

Leadership

Risk Appetite

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration

MBA or equivalent advanced qualification

Tools

MS Office

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 Director within Corporate Credit Risk, you will be an integral part of the team responsible for the credit assessment and ongoing risk management of CIBC’s US leveraged lending portfolio. You will work closely with senior Credit Risk management and Line of Business partners to evaluate new transactions, conduct credit due diligence, and monitor existing borrowers, ensuring compliance with CIBC’s credit policies and risk appetite.

You will be responsible for conducting comprehensive credit assessments, evaluating transaction structures and financial performance, preparing credit recommendations, and assessing periodic credit reviews to support the ongoing monitoring of the portfolio.

How You’ll Succeed

• Credit Analysis and Due Diligence – Conduct comprehensive credit analysis and due diligence on new leveraged lending transactions, including the assessment of financial performance, cash flow projections, capital structures, leverage, liquidity, and debt repayment capacity.
• Transaction Assessment – Evaluate proposed credit transactions, including acquisitions, refinancings, amendments, and incremental financing requests. Assess transaction structures, financial covenants, key credit risks, and mitigating factors.
• Portfolio Management – Assess Annual and Quarterly Credit Reviews prepared by the Portfolio Management team, monitor portfolio performance and credit quality, identify emerging risks, and recommend appropriate risk mitigation strategies.
• Financial Analysis – Evaluate financial models, management projections, and borrower performance against budgets and forecasts. Assess leverage, liquidity, cash flow generation, and debt service capacity under base and downside scenarios.
• Credit Recommendation – Prepare clear, well-supported credit assessments and recommendations for senior Credit Risk management, highlighting key risks, mitigating factors, and proposed credit structures.
• Risk Management – Apply CIBC’s credit risk rating methodologies and policies to ensure objective and accurate assessments of borrower creditworthiness. Evaluate proposed risk ratings and recommend adjustments where appropriate.
• Collaboration – Develop strong working relationships with Corporate Banking, Capital Markets, Portfolio Management, and other internal stakeholders to facilitate effective credit decision-making while maintaining independent risk judgment.
• Compliance – Demonstrate a strong understanding of leveraged lending regulatory guidance, CIBC’s credit policies, and risk management practices. Ensure credit assessments and portfolio monitoring activities are consistent with CIBC’s risk appetite and applicable regulatory requirements.

Who You Are

• You can demonstrate experience. You have 8+ years of relevant experience in Corporate Credit Risk, Leveraged Finance, Corporate Banking, or a related credit underwriting function, with strong financial analysis and credit assessment skills.
• You can demonstrate knowledge. You have a strong understanding of leveraged lending structures, financial statement analysis, cash flow modeling, debt capital structures, financial covenants, and credit risk assessment.
• You have strong analytical skills. You are comfortable evaluating complex financial information, assessing borrower performance, identifying key credit risks, and developing well-supported credit recommendations.
• You understand portfolio management. You have experience monitoring corporate borrowers, assessing periodic credit reviews, evaluating financial performance, and identifying emerging credit concerns.
• You have a degree. You hold a bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field. An MBA or equivalent advanced qualification is an asset.
• You’re motivated by collective success. You work collaboratively with colleagues and business partners while maintaining an independent and objective approach to credit risk assessment.
• You communicate effectively. You can present complex financial and credit information clearly and concisely, both verbally and in writing, to senior management and business partners.
• You know that details matter. You demonstrate sound judgment, strong attention to detail, and the ability to independently manage multiple transactions and portfolio responsibilities in a fast-paced environment.
• You love to learn. You are motivated to deepen your knowledge of leveraged finance, credit markets, and evolving industry trends.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $195,000-$230,000 for the New York, NY market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. 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), Holidays, and 401(k), in addition to other special perks reserved for our team members.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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.

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Job Location

NY-New York, 300 Madison Ave Fl 6

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Credit Decisions, Credit Policies, Credit Proposals, Credit Risk Management, Credit Risks, Financial Analysis, Group Problem Solving, Leadership, Long Term Planning, Risk Appetite, Risk Ratings