Chicago, IL
New York, NY
Full time
2617923
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
As the National Head, Private Bank Lending , you'll serve as a senior leader within the US Private Banking business, with primary accountability for lending strategy, credit oversight, portfolio health, and end-to-end lending execution. Reporting to the Head of US Private, Personal & Digital Banking, this role will lead the lending agenda for the franchise and work in close partnership with the Chief Banking Officer and other senior leaders to support growth, deliver sound risk management, and ensure an exceptional client and banker experience. You'll serve as the single credit authority and deal execution leader across all lending activity within Private, Personal & Digital Banking (PP&D), structuring deals, owning the end-to-end loan execution process, and ensuring speed, quality, and client experience for every loan transaction. This role is intended for a leader who can build and lead a high-performing lending organization, bring sound judgment to complex situations, and establish an operating model that enables bankers to structure, advise, and execute business in the right way. You'll be empowered to assess the needs of the business, strengthen the lending platform over time, and bring forward ideas that improve speed, quality, consistency, and portfolio performance while maintaining strong first-line credit discipline.
At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work of this role, you'll generally be on-site full-time with flexibility.
How you'll succeed
Lead the lending function - Lead the lending function for the Private Banking franchise with broad accountability for credit oversight, portfolio performance, lending execution, and organizational effectiveness.
Drive credit approval and portfolio health - Deliver competitive turnaround times, ensure portfolio credit quality, and oversee portfolio health through disciplined first-line risk management, strong credit standards, and proactive identification of emerging issues, concentrations, and performance trends.
Structure complex deals - Provide leadership on credit matters across the business, including complex transactions, credit structuring, underwriting, and tailored financing solutions, especially for ultra-high-net-worth and high-net-worth clients.
Own loan execution - Manage the process from approval to close, improving decision-making, reducing friction in the process, and enhancing the experience for clients and internal partners.
Partner across the franchise - Serve as a senior executive partner alongside the Chief Banking Officer and other business leaders, and collaborate closely with leaders across Private Banking, Personal Banking, Product and Revenue, Risk, Finance, Operations, and other key stakeholders to deliver integrated outcomes and maintain alignment across the franchise.
Uphold credit standards - Establish and enforce first-line credit standards, maintain a solutions-oriented culture, and work closely with risk partners to enhance policy and deliver competitive Private Banking solutions in line with CIBC's risk appetite.
Build the lending organization - Build, lead, and develop a high-performing team by setting clear expectations, elevating standards, and fostering a culture of accountability, partnership, and practical problem-solving.
Measure and improve outcomes - Drive strong execution outcomes through high deal conversion, booking efficiency, client satisfaction, and consistent portfolio performance.
Who you are
You have the right education. Bachelor's degree required; advanced degree preferred.
You bring deep industry experience. You have significant executive leadership experience in lending, credit, private banking, commercial banking, wealth management, or a closely related financial services business.
You're a strategic and disciplined leader. You have a strong track record of balancing business growth with sound credit judgment, portfolio oversight, and risk management.
You bring deep lending expertise. You have strong experience in credit structuring, underwriting, lending execution, and portfolio management, including complex client needs and tailored financing solutions.
You're decisive and solutions-oriented. You can structure deals, drive outcomes efficiently, and bring clarity to complex situations while maintaining a strong control environment and high professional standards.
You're highly collaborative. You build trusted relationships across business, operations, and risk, and partner effectively with bankers, risk partners, operations teams, and senior executives.
You put clients first. You understand the importance of speed, quality, and satisfaction in loan transactions and are focused on delivering an exceptional client and banker experience.
You bring strong business and analytical acumen. You combine business judgment with financial and analytical strength, using data and insight to improve credit quality, execution speed, and portfolio outcomes.
Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.
California residents - your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)
At CIBC, we offer a competitive total rewards package.? This role has an expected salary range of $250,000- $325,000 for the Chicago, IL 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.?
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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-Chicago, 120 S LaSalle St Fl 2
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Credit Decisions, Credit Policies, Credit Risk Management, Financial Analysis, Group Problem Solving, Long Term Planning, People Management, Reporting and Analysis
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.
