Real Estate Corporate Banking, Winter 2025 Co-Op

Job title:

Real Estate Corporate Banking, Winter 2025 Co-Op

Company

CIBC

Job description

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 visitWhat You’ll Be DoingCIBC Real Estate Finance Division focuses exclusively on providing financing to real estate companies on both an interim/construction and term basis across Canada. Our team is comprised of experienced real estate professionals with offices located in Vancouver, Calgary, Edmonton Toronto, Ottawa, London, Hamilton and Montreal. We apply industry expertise to offer full-service financial solutions to real estate companies and users across Canada.Through working closely with Relationship Managers within CIBC’s Real Estate Finance Division, the successful candidate will gain experience in both real estate interim and term lending and the management of key client relationships. The Co-Op Associate will provide a broad range of analytical and research support to a team who is dedicated to helping the Associate achieve their professional
goals. The incumbent will be involved with a variety of projects to expose them to various aspects of loan underwriting, credit analysis, and portfolio management.At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 3 days per week on-site and one Friday per month, while other days will be remote.How You’ll Succeed

• Research & Analysis – Responsible for conducting in-depth company, industry, and portfolio analysis. Assist in performing risk assessments for existing and new credit arrangements through completing the following:

Financial statement analysisSensitivity and scenario analysisValuation of different asset classes (ex. office, retail, residential, industrial, etc.)Reviewing third party reports (ex. environmental reports, appraisals, etc.)

• Collaboration – Making informal and formal presentations to senior management to discuss deal structuring as a part of the deal team. Collaborating with internal risk partners to analyze key risks and mitigation strategies in existing and new credits.

• Client Service – Fulfill day-to-day requests of a portfolio of clients alongside the Relationship Manager. Proactively assess clients’ needs, propose solutions, and execute as instructed by the client. Play a key role in the preparation of client proposals and information memoranda. Attend client events, meetings, and site visits to further develop key client relationships.

• Business Development Support – Play an integral role in the end-to-end processing of a loan (i.e. from structuring to funding). Collaborate with various teams and departments to fulfill day-to-day tasks such as loan processing, opening of deposit accounts including signing authorities, non/negotiable securities, and the review of cash management arrangements.

Who You AreYou have excellent communication skills. You’re confident in your ability to communicate detailed information in an impactful way and seek/foster cooperation at all times.Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard. You have strong change management skills with the ability to gain consensus from multiple groups.You’re driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.You give meaning to data. You enjoy investigating complex problems, and making sense of information.You pay attention to details. You enjoy investigating complex problems, and making sense of information.You understand that success is in the details. You notice things that others don’t. Your critical thinking skills help to inform your decision making.You love to learn. You’re passionate about growing your knowledge, and you know that there is no limit to what you can achieve.You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.You act like an owner. You thrive when you’re empowered to take the lead, go above and beyond, and deliver results.You embrace and champion change. You’ll continuously evolve your thinking and the way you work in order to deliver your best.Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountabilityWhat CIBC OffersAt 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support, and additional offers such as employee and family assistance programs 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.*Subject to program terms and conditionsWhat you need to knowCIBC 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 contactYou 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, French proficiency, 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 Toronto-81 Bay, 10th FloorEmployment Type Temporary (Fixed Term)Weekly Hours 37.5Skills Communication, Microsoft Excel

Expected salary

Location

Toronto, ON

Job date

Fri, 20 Sep 2024 01:10:12 GMT

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