Job Information
CIBC Director, Global Credit Financing - Underwriting in London, United Kingdom
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 (https://www.cibc.com/en/about-cibc.html)
STRATEGIC BUSINESS UNIT DESCRIPTION
Global Capital Markets provides integrated capital markets products, investment banking advisory services, corporate lending and top-ranked research to corporate, government and institutional clients around the world. The goal is to be the leading Capital Markets franchise in Canada and the lead relationship bank for key clients globally.
JOB PURPOSE
The Director, Global Credit Finance (“GCF”) is a key member of a team that provides financing to clients secured by portfolios of corporate credit assets in a variety of formats, including Repos, Total Return Swaps, and Credit Facilities collateralized by bonds, structured products, Middle Market, Private Credit and Broadly Syndicated Loans. In his role, you will be responsible for providing input into transaction structuring, booking, trading and managing credit and market risk related to a global corporate asset financing book.
You will be part of a tight-knit deal team that provides financing facilities to marquee private lenders, large asset managers and sophisticated pension fund clients.
KEY ACCOUNTABILITIES
Contribute to growth in the GCF corporate asset financing business for our core and target clients.
Provide input into decisions on which new loan financing mandates to pursue.
Provide input into transaction structuring to ensure facilities are within risk tolerance parameters.
Complete credit write-ups and make recommendations for approval of all facilities in accordance with the bank’s standard credit application processes.
Review legal documentation alongside counsel to ensure documents accurately capture approved deal terms.
Oversee and provide assistance where necessary to ensure all operational aspects of transactions are working as required to mitigate risk and satisfy client expectations.
Work closely with the Portfolio Credit team to monitor and manage the credit risk inherent in the book.
Remain current on industry and economic developments to understand potential impact on loan financing.
Demonstrate a keen understanding of current and developing regulatory issues, as well as CIBC policies, guidelines and procedures.
Work in the spirit of transparency and collaboration with our partners in Capital Markets Risk Management, Treasury, Accounting, Tax and Legal.
Work effectively within CIBC’s corporate governance practices and policies to ensure that all potential risks are appropriately addressed and that CIBC legal/reputational issues and shareholder objectives are covered.
CROSS-FUNCTIONAL RELATIONSHIPS
As an active participant in the decision-making process, the Director, Global Credit Finance will work with clients, Structuring, Sales/Distribution, Risk Management, Treasury and other stakeholders in the screening process for new transactions, the establishment of facilities and in the course of monitoring and managing the book.
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls.
AUTHORITIES/DECISION RIGHTS
As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.
KNOWLEDGE AND SKILLS
Credit professional with 7+ years of leveraged lending/corporate credit risk adjudication/loan workout experience
Extensive knowledge of lending practices in Europe and European loan markets generally
Familiarity with structured credit/loan warehousing an asset
WORKING CONDITIONS
·This role operates within a normal office environment.
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 Mailbox.careers-carrieres@cibc.com
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
Job Location
150 Cheapside, London, UK
Employment Type
Regular
Weekly Hours
35
Skills
Analytical Thinking, Business Finance, Capital Markets, Client Consultations, Credit, Credit Risks, Finance, Financial Markets, Financial Modeling, Global Market, Investments, Loan, Market Trading, Researching
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.