Senior Director, Commercial & Leveraged Finance, Commercial & Credit Risk Management

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

Commercial & Wealth Credit Risk Management supports CIBC’s Commercial Banking and Wealth Management businesses by providing independent oversight and thoughtful adjudication across a complex commercial credit portfolio. As the Senior Director, Commercial & Leveraged Finance, you’ll be part of a team responsible for adjudicating credit applications, monitoring portfolio exposure, and providing analysis and recommendations on escalated credit decisions with a focus on Canadian Commercial Leveraged Lending, Asset Based Lending, National Accounts, and Large Commercial Loans involving loan sizes above $50 million (collectively “Commercial & Leveraged Finance”). You’ll work closely within risk, operations, and our business partners to review new business deal flow, annual reviews, amendments, and periodic portfolio assessments, including associated derivative exposures and ancillary activities. You’ll help define policies, procedures, and tactical objectives that support sound credit decision-making and a strong risk culture. You’ll also provide clear, well-reasoned recommendations to senior leaders, identify emerging issues, and help ensure reporting and monitoring frameworks remain effective across credit platforms and operations groups.  Additionally, you’ll be involved in special projects to help improve our team’s efficiency and use of data while meaningfully contributing to our client focused, purpose led team based culture of continuous improvement.

At CIBC we enable the work environment most optimal for you to thrive in your role. 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, while other days will be remote and this arrangement is subject to change.

How you'll succeed

• Lead credit adjudication – Help lead the adjudication of the Commercial & Leveraged Finance portfolio, including new transactions, annual reviews, amendments, and periodic reviews of existing exposure. Provide balanced analysis and clear recommendations that support timely, well-informed credit decisions.

• Build trusted partnerships - Develop strong working relationships with the  business,  within risk, and our operations partners. Provide practical guidance on credit-related matters, support strategic initiatives, and offer subject matter expertise to influence the development and implementation of policies and programs.

• Monitor portfolio risk - Monitor economic, industry, and portfolio developments to identify emerging risks and adverse trends. Recommend mitigation strategies where appropriate and escalate issues promptly to ensure senior leaders are informed.

• Apply sound judgment - Use CIBC’s credit policies, procedures, guidelines, and risk rating methodologies to assess transactions objectively and consistently. Ensure risks are properly identified, risk ratings remain accurate, and portfolio issues are communicated in a timely way.

• Strengthen governance and reporting - Partner with the Wealth Relationship Management Analytics team and other stakeholders to maintain relevant reporting across credit platforms and operations groups. Contribute to risk reporting, governance controls, policy development, and special projects that strengthen portfolio oversight.

Who you are

• You can demonstrate deep credit risk experience. You bring 8-10 years of experience in corporate banking, commercial banking, and/or risk management. You have experience managing complex commercial and corporate credit transactions across multiple industries, ideally including both investment grade and non-investment grade borrowers.

• You have strong technical knowledge. You bring familiarity with mergers and acquisitions, capital markets products, and derivative transactions. You also have a solid understanding of the financial, legal, and regulatory environment from a risk perspective.

• You bring valuable specialized lending experience. Experience in asset-based lending and leveraged lending is an asset. Exposure in challenging credit situations, workouts, or recovery environments would also be beneficial.

• You're a collaborative leader. You build strong relationships across teams and know how to influence partners through expertise, credibility, and sound judgment. You value inclusive teamwork and contribute to shared success.

• You give meaning to data. You enjoy investigating complex issues, assessing risk, and turning detailed information into clear, actionable recommendations for stakeholders and senior leaders.

• You know that details matter. You apply strong critical thinking and attention to detail to support balanced decision-making in a complex risk environment.

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

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

Toronto-81 Bay, 30th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Credit Decisions, Credit Policies, Credit Risk Management, Financial Analysis, Group Problem Solving, Long Term Planning, People Management, Reporting and Analysis