CIBC

Director, GCF Europe

London, GBR Full time

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

                                                                                           

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,  infrastructure, real-estate and consumer credit assets in a variety of formats, including Repos, Total Return Swaps, and Credit Facilities collateralized by bonds, loans, and structured products.  In this role, you will be responsible for providing input into transaction structuring, booking, trading and managing credit and market risk related to a global credit financing book.

You will be part of a tight-knit deal team that provides recourse-based and non-recourse financing facilities to marquee private lenders, large asset managers and sophisticated pension fund clients.

KEY ACCOUNTABILITIES

  • Contribute to growth in the GCF 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 financing and securitization markets.

  • 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 combined experience across multiple asset classes, including leveraged loans, private credit, consumer, and CRE.

  • Extensive knowledge of lending practices in Europe and European loan markets generally

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, Capital Markets Products, Client Consultations, Credit Facilities, Credit Risks, Financial Markets, Financial Modeling, Global Market, Institutional Client Services, Investment Banking, Investments, Market Trading, Researching, Structured Products