Portfolio Manager - Commercial Banking (Middle Market)

CIBC US; Miami (FL); On-site; USD 150,000 - 170,000; Full time

Benefits offered by this job

Competitive salary

Incentive plan

Health benefits

401(k)

Job summary

CIBC US in Miami, FL is seeking a Portfolio Manager focused on underwriting and portfolio management within Commercial Banking. You will support the Commercial Team and RMs, approving daily credit activity within guidelines, and manage client portfolio lifecycle.

Ideal candidates bring 5+ years in Commercial Banking, loan structuring expertise, and a collaborative approach to risk and client service. Strong leadership and mentoring are valued in this role.

Qualifications

• Minimum 5 years of experience in Commercial Banking with client relationship management.
• Ability to analyze financial statements and cash flow.
• Experience in loan structuring and credit underwriting.
• Mentoring and leadership capabilities.

Responsibilities

• Lead underwriting and portfolio management activities.
• Serve as the primary client contact for portfolio issues and reporting.
• Drive loan closings with internal teams and relationship managers.
• Maintain customer financial reporting and covenants on time.
• Coordinate onboarding, deposits, and pricing reviews.

Skills

Commercial Banking

Finance

Underwriting

Salesforce

Education

Business/Finance/Accounting degree

Tools

Salesforce

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

The Portfolio Manager primary purpose is to ensure objectives related to credit underwriting and internal portfolio management are met, in addition to supporting the workflow of the Commercial Team of RMs and commercial lending associates. This position will provide approval within established guidelines for daily credit/portfolio administrative activity. The Portfolio Manager will be responsible for but not limited to the following activities. Primary responsibilities for this position will be that of Underwriting and Portfolio Management and execution of 1A risk management activities in a manner consistent with CIBC’s risk culture.

Client Sales

• Serve as the client’s primary contact/resource/advocate at the Bank for portfolio related issues/reporting/maintenance or new requests on existing credit
• Renewal activities with existing clients – PM leading associated activities with RM input
• Remain active and engaged in periodic client calls and visits for assigned portfolio
• Maintain Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs)

Client Onboarding/Closing

• Loan closing process – responsible for driving the closing process with internal closing team and Portfolio Coordinator
• Engage RM as needed; primarily with respect to material changes to negotiated business terms with the client

Client Portfolio Maintenance

• Work with CIS Relationship Support to update / correct identified data issues
• Address upcoming maturities and annual reviews on time; help remediate payment past dues
• Ensure all customer financial reporting / covenants are collected on time
• Support closing team to ensure collection of outstanding loan document exceptions
• Follow up on past due real estate taxes / insurance certificates to clear exceptions
• Prepare CAMP reports and quarterly trend cards / reviews
• Prepare FAS 114 memo / analysis
• Complete quarterly SOX controls and ensure accurate risk ratings at all times for covered portfolio
• Respond to approval requests for overdrafts, manual wires, NSF wires, ACH suspensions, etc.
• Review borrowing base availability and approve loan advances
• Coordinate onboarding, deposit account opening and TM setup activities
• Review pricing grid / tickler reports to ensure pricing and fees have been applied / adjusted correctly
• Remain active and engaged in periodic client calls and visits for assigned portfolio
• Renewal activities with existing clients – PM leading associated activities with RM input
• Has direct client contact in performing responsibilities as needed

Client Penetration/Cross Sell

• Consults with the RM on cross-sell opportunities

Management Responsibilities and Team Training

• Mentor and provide situational training support to Associates and Sr. Associates

How You’ll Succeed

• Relationship building – Develop new client relationships through business development activities, leveraging referral sources, existing clients and centers of influence. Actively monitor and manage these relationships by fully understanding our clients’ goals, purpose and the status of our clients’ business.
• Teamwork – Work with internal partners to connect clients with opportunities. Commit to building a profile in the local business community in order to leverage that profile into effective working relationships with new and existing clients and internal partners.
• Client experience – Proactively assess your clients’ needs and propose solutions to deliver to meet those needs. Interact with assigned clients as necessary to facilitate prompt response to questions, enquiries or issues in order to provide “best in class” service. Apply acquired industry/company knowledge to the development of client/prospect proposals for financial and strategic solutions to meet client needs.

Who You Are

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
• You demonstrate experience in Commercial Middle Market and/or Mid‑corporate Banking, demonstrated business development skills, and a solid understanding of financial statements and account principles including valuation techniques and cash flow analysis. You have experience managing the credit quality of a portfolio of commercial banking clients that have credit needs.
• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
• You have a degree/diploma in Business, Finance, Accounting, or a related field.
• Values matter to you. You bring your real self to work, and you live our values – trust, teamwork and accountability.
• You have demonstrated a minimum of 5 years of experience in Commercial Banking including experience in client relationship management and formal credit training.
• You have demonstrated experience in loan structuring and business development.
• Maintain active in industry events to maintain current market knowledge and client relationships.
• Completion of Commercial Banking Training Program or equivalent is desirable.

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 $150,000 - $170,000.00 for the 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.

What CIBC Offers

• 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

FL-Miami, 2800 Ponce de Leon Blvd Ste 510

Employment Type

Regular

Weekly Hours

40

Skills

Commercial Banking, Finance, Underwriting