Loan Closer II

CIBC Commercial Loan Coordinator

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.

Responsible for the receipt, review and approval of Commercial loan documentation that will include Commercial Real Estate documentation relative to conformity with the approved loan presentation.

Ensure all loan documents have been received, or otherwise waived prior to the loan booking process.

The Commercial Loan Coordinator will also make sure that the proposed transaction is in compliance with Credit Policy.

The Commercial Loan Coordinator will track outside loan exceptions and will ensure that all necessary documents are properly recorded and delivered to the Bank in a timely manner.

The loan portfolio will consist of large and mid-sized Commercial loan transactions and Real Estate loan transactions, a large percentage of which will include Syndicated Credits.

This position supports the Commercial Lending Line of Business and is part of the centralized Loan Operations Closing Team, reporting to the Loan Closing Team Lead.

Bachelor Degree is preferred and the individual must have Loan Closing experience (or similar) in a Bank or Financial Institution environment.

The individual must have excellent interpersonal skills (both written and verbal).

The individual must be detail-oriented with the ability to multi-task in a fast paced environment.

The individual will need strong computer skills including knowledge of Microsoft Excel.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $75,000- $100,000 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.

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

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.

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-70 W Madison St, 8th Fl

Employment Type Regular

Weekly Hours 40

Skills Analytical Thinking, Business Loans, Commercial Loan Documentation, Commercial Real Estate, Insurance, Loan Closings, Prioritization, Quality Assurance (QA), Regulatory Compliance, Risk Management, Technical Knowledge