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

This role is housed in CIBCs Loan Closing Team, and is reserved for individuals performing at a Senior Loan Coordinator level. The Loan Coordinator is responsible for receipt, review and approval of Commercial and Commercial Real Estate loan documentation and due diligence, ensuring each transaction is in compliance with Bank Policies and Guidelines and Federal and State Regulations. The Senior Loan Coordinator is generally a subject matter expert; available for consultation. The individual may have deep knowledge of niche loan products, and may review more complex transactions. The individual should demonstrate a commitment to identifying and solutioning issues, as well as assuming additional tasks as assigned by the Loan Closing Team Lead, such as pipeline maintenance, project participation or acting as the Loan Closing Team Lead's delegate.

What You'll Be Doing

• Ensure that the proposed transaction is in compliance with Bank Policies and Guidelines and Federal and State Regulations.
• Responsible for the receipt, review and approval of Commercial and Commercial Real Estate loan documentation, which may be either attorney-prepared or documented in-house via LaserPro, relative to conformity with the approved Loan Presentation.
• Ensure loan documentation and closing deliverables have been received, or otherwise waived prior to the loan funding and booking processes.
• Coordinate with Line of Business Relationship Manager and Portfolio Coordinator, Loan Operations, Business Support Units, and Title Companies. May also require coordination with Outside Counsel, Syndications and Administrative Agents.
• Board and track loan document exceptions to ensure that liens are properly perfected and all necessary documents are properly recorded and delivered to the Bank in a timely manner.
• This position is part of the centralized Loan Operations Closing Team, reporting to the Loan Closing Team Lead.

At CIBC we enable the work environment most optimal for you to thrive in your role.  You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote.

Who You Are

• Bachelor’s degree is preferred.
• Minimum 10+ years’ related experience; Loan Closing experience (or similar) in a Bank or Financial Institution environment is required.
• Excellent interpersonal and collaborative skills (both written and verbal) required
• Commercial loan documentation and product knowledge required
• Detail-oriented with ability to multi-task in a fast-paced environment required
• Strong computer skills including knowledge of Microsoft 365 productivity software required
• Strong critical thinking and problem-solving skills
• Ability to effectively balance excellent client service and risk management 
• Knowledge of CIBC’s loan systems, FIS, ACBS, PCFS, Aspire, an asset

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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $115,000 - $125,000 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 may also 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.

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What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• 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 [email protected]

• 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

IL-Chicago, 70 W Madison St Fl 8

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Business Operations, Customer Service, Operations Management, Operations Support, Prioritization, Process Improvements, Technical Knowledge