Director, Private Credit

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

As part of the Global Asset Management Private Credit team, this role will be centered around the origination, evaluation and execution of new and follow-on investments as well as the monitoring of existing portfolio borrower performance. Investments will be made across the private credit ecosystem, including sponsor buyout financings, asset-based financing, and corporate lending.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you’ll succeed

• Leading or supporting underwriting efforts across a mix of corporate lending transactions and ABF credits. Building and managing detailed financial models; analyzing company performance, collateral pools, and capital structures. Conducting in-depth review of due diligence on new investment opportunities. Drafting comprehensive investment committee materials and participate in internal approval processes.

• Partner with internal legal and external counsel to negotiate and review credit documentation, including term sheets, loan agreements, and intercreditor arrangements. Conducting industry and counterparty diligence; coordinate with third-party advisors and internal portfolio teams.

• Participate in post-close portfolio monitoring, performance tracking, and amendments/restructurings when applicable. Develop meaningful relationships with existing and prospective external partnerships. Managing quarterly and ad-hoc reporting to investors

Who you are

• You have a Bachelor’s degree in Business, Finance, Accounting, or a related field.

• You can demonstrate your experience. 5-7+ years of experience in investment banking, private debt/credit investing, opportunistic credit structured finance, leveraged finance, or asset-based lending. Excellent credit fundamentals, with experience underwriting private credit transactions. Solid understanding of legal documentation and transaction structuring.

• You look beyond the moment. You know what you do will make a difference today and tomorrow. You look for new opportunities to define what's possible.Strong modeling and analytical skills, attention to detail, and ability to think critically about risk.

• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.Team player with excellent communication and organizational skills.

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

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*, defined benefit pension plan*, an employee share purchase plan, 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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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 test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. 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

Toronto-161 Bay St., 22nd

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Banking, Business Development, Client Service, Ensure Compliance, Group Problem Solving, Leadership, Market Valuations, Proposal Writing