CIBC

Director, Private Credit

New York, NY 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

What You’ll Be Doing

You will assist in the origination, development, and execution of Corporate Asset Finance transactions for CIBC’s institutional clients. These transactions will be structured to achieve specific leverage objectives across multiple formats, including loans, total return swaps (TRS), repos, or rated secured/unsecured bonds.

How You’ll Succeed

  • Assist in development of term sheets for corporate credit focused asset backed financing transactions, private placements and back leverage transactions

  • Assist in development of cash flow modelling for corporate credit focused asset backed financing transactions, private placements and back leverage transactions

  • Develop marketing decks for capital markets/treasury functions of alternative focused clients/credit asset managers/sponsors

  • Assist in research of bank regulatory capital/insurance regulatory capital for structured finance transactions to get optimal capital treatment for CIBC and insurance clients

  • Assist in preparation of borrowing base templates for structured finance transactions

  • Research private/alt credit to produce insightful content for CIBC Global Collateral Finance management and for our client pitches

  • Assist in doc negotiation for structured finance transactions

Who You Are

  • Degree educated (BA or equivalent), with at least 2 years’ experience in the industry

  • Knowledge of private credit structured finance solutions and direct experience in closing highly structured transactions

  • Cash flow modelling skills and term sheet preparation skills for structured finance transactions

  • Ability to use intex for crossover work on CLOs

  • Strong PowerPoint skills to deliver content for CIBC institutional clients

  • Strategic thinking capability with ability to identify and capitalize on opportunities.

  • In-depth understanding of governance and regulatory requirements as it relates to Global Markets

  • Highly developed interpersonal and networking skills.

  • Advanced communication, negotiation and relationship management skills.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

#LI-TA

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary of $225,000 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

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 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

NY-300 Madison Ave., 8th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Business Credit, Business Processes, Client Service, Communication, Credit, Data Analysis, Equity Derivatives, Global Market, Interest Rate Derivatives, Market Analysis, Market Trading, Total Rewards