Business Credit Control Specialist
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 (https://www.cibc.com/en/about-cibc.html)
**What you’ll be doing:**
Business Credit Controls Specialist is responsible for supporting the bank’s loan portfolio management.
_At CIBC we enable the work environment most optimal_ _for you to thrive in your role. To successfully perform the work,_ _you’ll be on-site in our Chicago, IL office anywhere between two to three days a week._
**How you'll succeed**
+ Entering financial statements into Moody's CreditLens (financial statement spreadsheet application)
+ Processing loan covenant submissions using the bank’s proprietary system, RM Central, by verifying that the correct documents are submitted and determining whether calculated covenants meet the required threshold.
+ Providing support to other areas of the Credit Risk Management department.
+ Must possess an interest in commercial loan portfolio management
+ Must be detail and process oriented with strong critical thinking abilities
+ Proficiency in Microsoft Excel and Word required, including analytical skills/spreadsheet experience
+ Possess strong communication and interpersonal skills with the ability to work within a team
+ Prior experience or internship in financial institution is a plus
+ College Degree required; 3.0 GPA preferred
**Who you** **are**
+ **You’re goal-oriented.** You’re motivated by accomplishing your goals and delivering your best to make a difference.
+ **You’re a critical thinker.** You effectively challenge the status quo to evaluate risks and strengthen the overall control environment.
+ **Values matter to you.** You bring your real self to work and you live our values – Trust, teamwork, and accountability.
+ **You’re a team player.** You volunteer to do what’s right to help make a difference.
_At CIBC, we offer a competitive total rewards package. This role has an expected salary range of_ **_$61,000K - $65,000K_** _for the Chicago, IL 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 may also 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._
_T_ _his positio_ _n does not offer visa sponsorship._
**\#LI-TA**
**California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)**
**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*, 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 Mailbox.careers-carrieres@cibc.com
+ 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 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 Location**
IL-120 S LaSalle St
**Employment Type**
Regular
**Weekly Hours**
40
**Skills**
Credit Monitoring, Deliverables Management, Financial Reporting and Analysis, Microsoft Office, Preparation of Financial Reports, Rating Models
At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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