Associate, Syndications, Innovation Banking Job at CIBC
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
Job Description
What You’ll Be Doing:
The Syndications Team within the Innovation Banking Division of CIBC is responsible for working alongside the regional deal teams performing both transaction and portfolio management functions with a specific focus on managing lending partner relationships. Innovation Banking clients are backed by institutional investing firms ranging in size from Series A to publicly listed within technology and healthcare verticals. The syndications group covers the entire portfolio of companies with a specific focus on the technology space.
Transaction Specific:
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Support team members with initial deal review and advise the regional teams on deal strengths and weaknesses from a syndication perspective.
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Assist in advising and structuring deals with a focus on meeting the client’s needs while also balancing the needs of lending partners.
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Create deal summaries and preliminary diligence materials that quickly educate lenders on the most important aspects of the deal.
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Conduct initial lender outreach and deal review calls with lenders.
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Manage the organization of diligence materials, the flow of diligence to lenders, and the scheduling and execution of deadlines for all stakeholders including sponsors, management teams, and lending partners.
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Develop an understanding of credit strengths and limitations of lending partners.
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Assist the underwriting team with a range of tasks.
Portfolio Management Specific:
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Work alongside deal teams to manage the data room for CIBC agented deals.
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Work with the Agency Services / Loan Servicing team to ensure lending partners receive timely payments and overall communication.
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Internally track syndicated portfolio data and generate reports for management.
How You’ll Succeed
The trading room environment is dynamic and fast-paced, requiring Associate to effectively process information in the course of executing transactions in a constantly changing market environment. Successful candidates will need to adapt to these conditions with creativity, energy and an entrepreneurial spirit in order to meet the evolving demands of the marketplace.
Associate will need to be effective communicators capable of building relationships both internally and with clients. As an Associate, you will have the responsibility of providing detailed analytical, financial modeling, structuring, research and transaction support to senior professionals in your business, helping to win business and execute transactions.
Who You Are
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
You can demonstrate experience with:
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At least 2+ years of experience in finance. Venture-backed, public company or life science/healthcare banking experience is a plus.
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BS/BA Degree in Finance, Statistics, Math, Economics; MBA a plus, CFA a plus.
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The ability to conduct investment analysis memorandums utilizing both traditional financial information and business behavior characteristics is required.
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Experience in underwriting business credit.
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Must be able to work independently and quickly gain thorough knowledge of CIBC’s business banking operations.
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Must have strong organizational and time management skills, and excellent verbal, written, interpersonal communication, and facilitation skills to lead meetings or interviews with subject matter experts and other project contributors or stakeholders.
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Must be able to collaborate with all related business partners internally and externally.
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Software: Demonstrated proficiency working with computers and Microsoft Office applications (specifically, Outlook, Excel, Word, and PowerPoint).
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Nice to have or willingness to learn:
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Understanding the full life cycle of a technology startup from garage/idea phase to public company.
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Working knowledge of the venture capital ecosystem.
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Ability to navigate and interpret a complex cap table.
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Working knowledge of Syndtrak software
You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
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 create a shared vision.
Work Location
Candidate is expected to spend approximately half of the working hours in the office located in downtown Durham, NC. The job will have limited, but some business related travel.
What CIBC Offers
At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:
Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
Conduct and Culture Risk
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership’s identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
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Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
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At all times acting in accordance with our Purpose and shared values, to achieve our Bank’s strategic goals
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Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
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Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
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Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC’s policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same
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Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
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Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC’s reputation as a leading financial institution
What you need to know
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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 contactMailbox.careers-carrieres@cibc.com
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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.
Job Location
NC - 555 S. Mangum Street
Employment Type
Regular
Weekly Hours
40
Skills
Innovation, Structuring, Structuring Deals, Teamwork
Please Note :
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