CIBC US

Sr. Portfolio Manager & Managing Director

CHICAGO, ILPosted 18 days ago

Job summary

  • Job post source

    This job is directly from CIBC US

  • Job overview

    The Sr. Portfolio Manager & Managing Director at CIBC US manages specialty finance client portfolios, impacting client relationships and credit management.

  • Responsibilities and impact

    The role involves underwriting and credit monitoring, managing client requests and loan closings, maintaining client portfolios, supporting risk management, mentoring team members, and collaborating with relationship managers for client sales and cross-sell opportunities.

  • Compensation and benefits

    The position offers a salary range of $185,000 to $200,000, eligibility for incentive compensation and bonuses, comprehensive benefits including medical, dental, vision, life and disability insurance, paid time off, holidays, 401(k), and special employee perks.

  • Experience and skills

    Candidates should have experience in credit underwriting, client portfolio management, leadership and mentoring skills, proficiency in communication and client engagement, and familiarity with financial reporting and risk controls.

  • Career development

    CIBC emphasizes career growth by recognizing employee strengths and ambitions, offering personalized rewards, development initiatives like Purpose Day, and opportunities to contribute to innovative client solutions.

  • Work environment and culture

    CIBC promotes an inclusive, client-first culture valuing ambition, creativity, and meaningful engagement, supported by collaborative workspaces and technology.

  • Company information

    CIBC is a relationship-oriented bank focused on modern banking solutions, valuing employee contributions and client service excellence.

  • Team overview

    The candidate will work closely with relationship managers, loan closers, attorneys, and portfolio coordinators within a collaborative team environment.

  • Job location and travel

    The job is located at 120 S LaSalle St, Illinois, with work arrangement details discussed during the interview.

  • Application process

    Applicants must be legally eligible to work in the specified location, may undergo skills assessments, and can request accommodations during the hiring process.

  • Unique job features

    The role includes unique responsibilities such as managing specialty finance clients, leading loan closing processes, and preparing detailed financial and risk reports.

Company overview

CIBC US, a subsidiary of the Canadian Imperial Bank of Commerce, offers a wide range of financial services including personal banking, business banking, wealth management, and capital markets. They generate revenue through interest income from loans, fees for services, and investment income. Founded in 1867, CIBC has a long history of financial stability and innovation, with a strong focus on client relationships and community involvement. Their US operations are integral to their North American strategy, providing tailored financial solutions to meet diverse client needs.

How to land this job

  • Position your resume to emphasize your expertise in portfolio management, credit underwriting, and client relationship management, reflecting the responsibilities outlined in the CIBC US Sr. Portfolio Manager & Managing Director role.

  • Highlight your experience in managing loan closing processes, client onboarding, and maintaining client portfolios, including skills with Salesforce or similar CRM tools and financial reporting.

  • Apply through multiple channels such as the official CIBC US corporate careers page, LinkedIn job postings, and other reputable job boards to maximize your application visibility.

  • Connect with professionals in CIBC US’s portfolio management or specialty finance divisions on LinkedIn; use ice breakers like commenting on recent CIBC initiatives, asking about team culture, or inquiring about key challenges in managing specialty finance clients.

  • Optimize your resume for ATS by incorporating keywords like 'credit underwriting,' 'portfolio management,' 'client onboarding,' 'loan closing,' 'financial reporting,' and 'risk management' from the job description to ensure it passes initial screenings.

  • Leverage Jennie Johnson's Power Apply feature to automate tailored resume customization, multi-channel application submissions, and LinkedIn networking outreach, allowing you to focus your time on interview preparation and strategic networking.

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