Experience:
5+ years of experience
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Employment Type:
Full time
Posted:
2/20/2019
Job Category:
Finance
Loan Syndications Specialist
(This job is no longer available)
PrivateBancorp, Inc. | Chicago, IL
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Job Description

Overview

CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at cibc.com/US.

CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders.

CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance - so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.

Every year, CIBC is recognized for its business success, community commitment and employee initiatives. We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.

CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran

Responsibilities

Reporting to the Head of Loan Syndications Underwriting and Portfolio Management, the Loan Syndications Director of Underwriting and Portfolio Management will be responsible for supporting the Middle Market Commercial & Industrial lending business ("C&I") through management of the loan syndication origination and amendment process from origination to close, ensuring accuracy of underwriting and efficient execution of multi-bank transactions. Other responsibilities include supporting the team's broader infrastructure initiatives, internal reporting and mentoring junior team members. The ideal professional for this highly analytical and process-oriented role is a resourceful, independent self-starter with a strong C&I credit background, fastidious attention to detail and solid relationship management skills.

Primary responsibilities include the following daily tasks:

* Critically reviewing underwriting and legal documentation;
* Drafting internal syndication memorandums/opinions;
* Preparing transaction marketing materials (i.e. bank books, teasers, etc.);
* Distributing and communicating transaction information to co-lenders;
* Collaborating with Agency Services to execute the syndication closing process;
* Participating in Bank Meetings with co-lenders (travel required);
* Supporting ongoing infrastructure initiatives;
* Aiding in template creation and improvements, reporting, and technology platform (SyndTrak) adoption;
* Managing existing agented transactions and leading the amendment process on previously closed syndications;
* Maintaining market knowledge and industry awareness, and effectively communicating knowledge to others within CIBC;
* Mentoring and training junior team members to ensure cross training and strong long term platform build out;
* Contributing to and maintaining a positive work atmosphere;
* Special projects, as required.

Qualifications

* Exceptional interpersonal, verbal and written communication skills
* Proven financial modeling and analytical abilities
* Strong interpersonal skills and the ability to deal effectively with internal and external constituents
* Ability to meet deadlines and establish priorities to manage multiple issues.
* Minimum 7-10 years of direct C&I finance/credit experience
* College degree required
* Syndications experience is preferred but not required

About PrivateBancorp, Inc.

PrivateBancorp, Inc. (PrivateBancorp) is a bank holding company. PrivateBancorp, through its PrivateBank subsidiaries (the Bank), provides business and personal financial services to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families. The Banks offers a suite of credit and non-credit solutions, including lending, treasury management, investment products, capital markets products and wealth management and trust services. The clients also have access to mortgage loans offered through The PrivateBank Mortgage Company, a subsidiary of PrivateBancorp. In December 2008, the Company completed the acquisition of Midwest Financial Services, Inc (MFS). (Source: 10-K)