Credit Manager - CIBC, Montréal

The opportunity

We are building a relationship-oriented bank for the modern world. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. CIBC Private Wealth Management delivers customized banking, financial planning, investment management, and specialized advisory solutions to meet the unique needs of Canada's high net worth individuals, families, private holding companies, trusts, estates, and charitable foundations.

The Credit Manager is accountable for the ongoing management and administration of the complex credit book within Private Banking, working under the direction and guidance of the Director, Credit. This bilingual administration role manages the credit quality of the high net worth client base whose credit needs and financial structures are typically more complex, actively supporting Private Banking advisors to grow credit opportunities while ensuring appropriate oversight.

Key duties

Your day-to-day responsibilities within wealth management and banking operations include the following client focus, credit management, deal summary, and collaboration tasks:

• Provide guidance and offer support on new credit requests with Private Banking Advisors, including analyzing and assessing client financial information against credit requests.
• Confirm and recommend appropriate lending facilities and security structures to support proposed credit requests, including direct communication with clients or professional advisors for complex situations.
• Prepare credit applications using iCap and CLASS CIBC credit platforms, partner with Wealth Risk Management in negotiating credit terms, and assist with loan and security documentation.
• Help manage the existing complex credit book with a particular focus on managing expiries ahead of time and ensuring proper monitoring and reviews.
• Provide credit structuring guidance and advice to Private Banking Advisors and local leadership.
• Support the leadership team in preparing deal summaries on large credit requests for early engagement with senior leadership and Wealth Risk Management.
• Actively engage within the Private Banking office to ensure advisors and associates are well aware of credit policy and procedures.

Skills and experience

To qualify for this financial credit management career opportunity, you should meet the following educational, technical, and language requirements:

• Bachelor's degree from a recognized post-secondary educational provider, with preference given to candidates who focused on business and/or finance.
• Solid working knowledge of main credit principles for personal lending (including high net worth clientele) and commercial lending.
• Solid working knowledge of product attributes and principles used in personal, residential mortgages, and business lending at CIBC and in the broader marketplace.
• Knowledge and experience reading, interpreting, and analyzing financial statements for practical use within credit applications.
• Knowledge of high net worth financial and estate planning concepts, along with CIBC products and services.
• Strong computer literacy including proficiency in the Microsoft Office suite.
• Fluent in French and English to serve clients in the community.

Who you'll work with

You will collaborate closely with Private Banking Advisors, Associates, local leadership, the Director of Credit, and Wealth Risk Management teams. CIBC Private Wealth Management brings together dedicated professionals across Private Banking, CIBC Investment Counsel, CIBC Wood Gundy, and CIBC Trust to deliver integrated financial solutions.