Commercial Banking Associate - Equipment Finance

CIBC • Chicago, IL • 1h ago

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 (https://www.cibc.com/en/about-cibc.html)

What You'll Be Doing

The Equipment Finance Associate works in a dynamic environment alongside Sales, Operations, Asset Management and Management colleagues to originate loans and leases. This candidate will support new business origination, servicing of the existing portfolio of loans and leases, and developing sales materials. This role will cover CIBC Equipment Finance's nationwide business.

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

Coordinate transactions from opportunity inception through booking.

Create marketing materials, term sheets, and market presentations

Assist with pricing, credit approval preparation, document negotiation

Support end-to-end relationship management including portfolio servicing and payoff requests

Learn the credit culture of CIBC Bank USA in order to present appropriate credits for approval

Maintain Salesforce pipeline and client/prospect records

Engage with asset management and operations in the execution and original transactions as well as ongoing portfolio maintenance

Who You Are

You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

You're driven to succeed. You're motivated by accomplishing your goals and delivering your best to make an impact.

You have a degree/diploma in accounting, finance, or a related field. Minimum of 1-3+ years of experience in within the banking or financial services industry.

Formal Credit Training completed

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $85,000 - $110,000 for the 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 may also 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.

California residents - your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)

LI-TA

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

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

Skills

Commercial Banking, Credit Training

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

Finance, Accounting & Banking

Description We are looking for a detail-oriented Billing Clerk to join a wholesale distribution organization in Addison, Illinois. This Long-term Contract position is well suited for someone starting a career in billing...

1d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)