Group Portfolio & Construction Lending Manager

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.comWhat You'll Be DoingThis role serves as a senior leader responsible for both portfolio management and construction lending oversight within CIBC's U.S. Commercial Real Estate platform. The incumbent will partner with Asset Managers, Relationship Managers, and Market Leads to drive portfolio analytics and reporting, while simultaneously providing strategic leadership and operational oversight of CIBC's real estate construction and development loan portfolio. The role reports to the Executive Director and works closely with CRE leadership, Credit Risk, and Services teams.At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement will be discussed at the time of your interview.How You'll SucceedPeople LeadershipSet clear performance expectations, conduct regular reviews, and support professional development across the teamFoster a high-performance culture aligned with CIBC's mission, vision, values, and risk cultureAllocate resources effectively to ensure timely and accurate loan administration and portfolio reportingHire the right people in the right roles, aligning individual capabilities with business unit goalsCreate a positive work environment by championing CIBC's core values and serving as an effective role modelPortfolio Management & AnalyticsSupport the primary reporting function within the Line of Business, working with other groups across the Bank for data and analytics needsAssist in identifying quarterly review populations, include high-risk and Enhanced Review credits, and determining their priorityHelp facilitate the aggregation of disparate CRE data for portfolio management reporting and internal/external examsDevelop alternative methods to monitor portfolio movements and ensure the LOB remains within set risk limits and desired business mixEnhance portfolio forecasting capabilities using historical and anticipated payoffs, origination activity, and loan fundingsDevelop insights for desired portfolio mix — including geography, client type, and property type — to inform CRE strategy and risk appetiteOversee the output of junior members of the CRE team; reviewing their work to help their growth as a employeesConstruction Lending OversightOversee assessment and mitigation of development and construction risk across CIBC's real estate floating rate lending portfolioManage employees who review and approve recommendations on loan and escrow disbursements escalated by Team LeadsEnsure portfolio-wide compliance with credit approvals, legal documentation, and underwriting assumptionsMonitor early warning indicators related to budget overruns, construction schedule delays, and borrower performanceEnsure team adherence to rigorous pre-closing due diligence standards, including transaction structure review, loan documentation compliance, and insurance and surety bonding requirementsStakeholder Coordination & Operational ExcellenceServe as a liaison with other departments, including US Risk Management, Finance, Loan Services, and the CIBC Real Estate Loan Syndication groupCollaborate with Line of Business/Relationship Managers, Loan Operations/Servicing, Title Companies, and third-party consultantsDevelop, implement, and continuously improve operational procedures, controls, and workflows for loan administrationProvide executive-level reporting on portfolio health, risk exposures, and emerging concernsCross-Functional RelationshipsUS Risk Management (Risk Analytics and Infrastructure, Credit Risk Management, Enterprise Risk Management), Finance, Loan Services, Loan Syndication group, participant banks, Title Companies, and third-party consultants.Decision-Making AuthorityAuthority to recommend and implement changes to business processes to enhance operational efficiency and effectivenessFinal approval authority for loan and escrow disbursement recommendations escalated by Team LeadsAuthority to make staffing, resource allocation, and operational decisions within the groupEscalation point for complex credit, compliance, or risk issues prior to Executive Director reviewWho You AreDemonstrated a minimum of 10 years experience in banking or a financial institution, including 3+ years in a management or supervisory roleDemonstrated a minimum of 5 - 7 years CRE expertise in commercial real estate portfolio management, construction lending, and/or data analyticsEducation: Bachelor's degree (BA/BS) in Business, Finance, Real Estate, Accounting, Economics, Architecture, Engineering, or Construction Management; advanced degree (MBA or equivalent) preferredAnalytics: Advanced knowledge of financial analysis, modeling, and data aggregation; proficiency in Microsoft Office productsConstruction Lending: Familiarity with construction/development software (scheduling, lease analysis, database tools) is an assetCommunication: Strong analytical, organizational, and communication skills with the ability to present complex information to executive audiencesRelationship Management: Ability to foster and maintain commercial relationships with a high level of competencyTravel: Availability to travel for periodic project meetings and site inspectionsCalifornia residents — your privacy rights regarding your actual or prospective employmentAt CIBC, we offer a competitive total rewards package.  This role has an expected salary range of $150,000 - $190,000.00 for the 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.  #LI-TAWhat CIBC OffersAt 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 conditionsWhat you need to knowCIBC 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 View email address on click.appcast.io 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 LocationIL-120 S LaSalle StEmployment TypeRegularWeekly Hours40SkillsBusiness Operations, Client Facing, Communication, Decision Making, Leadership, Mentoring Staff, Operations Management, People Management, Portfolio Management, Process Improvements, Real Estate, Strategic Initiative Management, Taking Initiative, Technical KnowledgeSummaryLocation: Chicago, ILType: Full time