CIBC

  • Portfolio Administrator - Loan Operations

    Job Location US-IL-Chicago
    Posted Date 3 months ago(11/1/2018 2:59 PM)
    ID
    2018-4819
    # of Openings
    1
  • Overview

    CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at cibc.com/US.

     

    CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. 

     

    CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance – so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.

     

    Every year, CIBC is recognized for its business success, community commitment and employee initiatives.  We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.

     

    CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran

    Responsibilities

    This position is part of the overall Loan Operations Team that closes, analyzes, books and services commercial and consumer loans.

     

    This position will be assigned to the Portfolio Administrator team, where each team member is aligned with a specific Line of Business. The candidate will be responsible for post-closing documentation review and daily maintenance change reviews for each of their loans. The Portfolio Administrator will ensure loans are eligible for pledging to the Federal Reserve Bank (FRB) or Federal Home Loan Bank (FHLB) when applicable. The Portfolio Administrator is responsible for partnering with other members of Loan Operations to ensure the integrity of their respective loan portfolio.

    Qualifications

    • The Portfolio Administrator must be detail-oriented and organized, with excellent written and verbal communication skills.
    • Three or more years of commercial loan documentation experience, preferably attorney prepared documents.
    • Prior experience working with syndicated loans, a plus.
    • Exception processing and knowledge of FRB and FHLB pledging requirements.
    • Risk and control conscious utilizing a degree of professionalism to communicate system, coding or closing discrepancies.
    • Proactively trouble-shoot issues and follow through to a successful resolution.
    • ACBS and/or IBS loan system experience preferred.

     

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