Director, Leveraged Finance

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

CIBC Leveraged Finance consists of a team of professionals and support staff with expertise in senior and subordinated cash-flow lending to Canadian middle-market businesses. Established in 2006, the team has a three-pronged mandate: i) providing national coverage of private equity sponsors; ii) concluding highly-structured, event-based transactions, often alongside CIBC Commercial Banking Relationship Managers; and iii) delivering mezzanine debt solutions to our clients nationally. Our objective is to be the best in the leveraged finance industry. Our focus is on providing our clients creative financing solutions, value-added ideas and industry leading quality service, by delivering the full suite of CIBC’s product offerings to clients.

As a Director, you are a key member of the senior management team within the Leveraged Finance Group, responsible for the development and implementation of the Group's strategies and systems relating to portfolio growth and risk management. You will have to possess superior analytical skills, the ability to work efficiently and effectively in a fast paced team environment along with a continual and proactive development of relationship building skills. In addition, you will also provide mentoring to the junior team members.

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

• Client First- You will lead discussions with Private Equity firms to deliver specialized leveraged finance products such as mezzanine financing, acquisition financing, and other structured financings based on a firm's enterprise value. Lead or participate in discussions with client management teams (executive, financial and operational) in order to assess financing needs.

• Relationship Building – Develop strong relationships with internal contacts, external customers, along with contacts within the general industry in order to generate new business referrals and opportunities. Lead and coordinate broader team coverage of existing private equity sponsor relationships and establish new relationships to generate new business referrals and opportunities.

• Collaboration - In partnership with other Leveraged Finance team members and/or Commercial Banking Relationship Managers, lead financing proposals including security, covenants and pricing to properly reflect and compensate CIBC for the assessed risk. Provide mentoring to more junior deal team members. Demonstrate a long term commitment to learning and continuous improvement and help reinforce a high performance and team oriented culture.

• Due Diligence – Lead and coordinate comprehensive financial/non-financial due diligence analysis and risk assessment of credit proposals. Prepare and negotiate security documentation for all transactions. Negotiate the terms and conditions with both clients and internal CIBC stakeholders.

• Portfolio Management – Provide senior level support for a portfolio of ~20 senior and subordinated debt accounts. Monitor account performance and industry trends. Maintain a proactive approach to continuous risk assessment.

Who you are

• Education you've Completed. BBA or MBA. Other financial designations considered an asset (i.e. CPA, CBV, CFA etc.).

• Experiences you bring. You have 8+ years of professional experience in a commercial credit and/or equity investment environment. You have experience with lending policies, procedures and practices, asset-security valuation, loan interviewing, loan assessment, industry and competitive analysis and investigation. You have strong financial modeling, research and negotiation skills.

• You have strong business acumen. You have extensive  knowledge of leveraged finance (i.e., capital structures, capital markets, public and private debt and equity markets). Extensive knowledge of specialized leveraged finance products (i.e., structured/acquisition financings, project financings, loan syndication) and other core CIBC products and services. Extensive knowledge of business, legal, tax, banking and regulatory framework affecting financial requirements of customers.

• You have strong presentation skills. You have strong written and verbal communication skills to present financial information to clients.

• You’re able to structure and package leveraged finance products. You are strong at structuring complex transactions that meet the needs of complex and high value clients that are within CIBC’s risk tolerances. You understand the implications of various financing options while providing financial advice in the areas of balance sheet structure, financing alternatives, and loan syndication. You can use credit and strong interpersonal skills when leading intensive due diligence along with risk identification and mitigation. You are able to apply expert knowledge of a complex and diverse marketplace and industry to meet the needs of sophisticated clientele.

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

#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*, 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 [email protected]

• 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

Mont-1155 Rene Levesque O

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Banking, Business Development, Client Service, Credit Analysis, Customer Experience (CX), Lending, Loan Underwriting, Portfolio Management, Preparation of Financial Reports, Researching