Associate, Commercial Real Estate Finance

Associate, Commercial Real Estate Finance

Primary responsibilities of the Associate, Commercial Real Estate Finance (CRE Fin), within Global Credit Finance (GCF) will be to size, underwrite, onboard, and portfolio manage CRE warehouse (CRE Repo) and Note on Note facilities and pledged underlying commercial real estate bridge senior loans. The ASO will be part of a global team of dynamic CRE team based in Toronto, New York, and London with this position being based out of New York.

How you'll succeed :

• Size and underwrite CRE bridge loans, compile and analyze market information regarding properties, markets, and underlying borrowers / sponsors being financed
• Perform market, including securitization markets CBMS / CRE CLO, and property research and analysis, utilizing 3rd party data providers such as CoStar and / or Moody's Analytics database pulls
• Interface with lending counterparties to obtain necessary information and documentation required for loan files
• Maintain loan files, applicable checklists, and any items needed from underlying borrower
• Review and analyze items received to ensure files are accurately documented to perfect security interest
• Assemble data and other information for reports, charts, summaries and related documentation
• Prepare facility credit memorandums, loan credit memorandums, asset summaries, and underwriting narratives
• Present deals to credit committee
• Work with credit team to obtain required credit and other approvals
• Liaison with external and internal legal counsels to incorporate business terms into the facility and loan pledge documents and post-closing obligations
• Work with operations department on loan closings, monthly remittance, and payoff statements
• Monitor loan portfolio and prepare quarterly reports discussing loan credit metrics
• Prepare presentations, conduct other projects and duties as assigned, to support senior staff and management
• Occasionally conduct site inspections
• Attend industry conferences
• Work effectively within CIBC's corporate governance practices and policies (Risk Management, Finance, HR, Legal and Compliance) to ensure compliance with CIBC's Governance and Control Framework and regulatory requirements.

Who you are :

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 $150,000-$185,000 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 :

What you need to know :

Job location : NY-300 Madison Ave., 5th Floor

Employment type : Regular

Weekly hours : 40

Skills : Analytical Thinking, Analytics Insights, Business Direction, Client Service, Finance, Global Market, Marketing Strategies, Portfolio Management, Sales, Structured Products

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values : Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.