Senior Group Portfolio 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.com

What You'll Be Doing

As a Senior Group Portfolio Manager supporting Private Banking, you'll provide leadership, guidance, and credit oversight for a team of Portfolio Managers and Credit Analysts. You'll manage underwriting workflow, advise on deal structuring, and maintain strong alignment with CIBC's risk culture. In this role, you'll act as a strategic partner to Private Bankers, Relationship Managers, and Regional Leaders to deliver exceptional service to high-net-worth clients. You'll ensure that credit actions are timely, compliant, and tailored to meet the unique financial needs of private clients.

How You'll Succeed

• Guide complex credit decisions: Oversee underwriting and credit structuring for sophisticated clients, ensuring alignment with CIBC's risk appetite and the unique needs of high-net-worth individuals and families.
• Deliver a seamless client experience: Act as the escalation point for onboarding, loan closings, and portfolio maintenance to help deliver a white-glove experience in collaboration with Private Bankers and internal partners.
• Lead and develop your team: Provide coaching and development to Portfolio Managers and Analysts through mentorship, training, and feedback. Foster a strong culture of accountability, performance, and continuous learning.
• Ensure portfolio quality: Maintain oversight of the loan portfolio, reviewing submissions, renewals, and risk ratings, while ensuring all credit actions are properly documented and compliant.
• Collaborate across teams: Partner with Credit Risk, Regional Leaders, and Underwriting Managers to ensure effective pipeline management, timely approvals, and consistent application of credit policy.
• Manage and monitor risk: Serve as the primary point of contact for portfolio risk insights, reviews, and regulatory exams. Oversee activities related to Enhanced Oversight, SOX controls, and special credit reviews.
• Support strategic goals: Help set and manage priorities across your portfolio teams, ensuring consistent execution in alignment with business unit strategies and Private Banking goals.

Who You Are

• Experienced leader: You bring 10+ years of credit and underwriting experience, ideally in a Private Banking, Commercial Banking, or Wealth Lending environment, and have led high-performing credit or portfolio teams.
• Client-focused: You understand the financial sophistication and service expectations of ultra-high-net-worth clients and families.
• Skilled in credit structuring: You've worked with complex balance sheets, tax returns, and business entities, and can tailor credit solutions to match the client's full financial picture.
• Strong communicator: You're confident leading discussions with senior leaders and credit partners, and your communication style builds trust and drives clarity.
• Analytically sharp: You can distill complex financial information into actionable insights and identify emerging risks before they surface.
• Compliance-minded: You understand regulatory frameworks, risk rating systems, and credit policy, and you ensure your team is always audit-ready.
• Tech-savvy and organized: You're comfortable navigating underwriting systems, Salesforce, and Microsoft Office, and thrive in environments where you're managing multiple moving parts.

What Success Looks Like

• You establish yourself as a trusted advisor to internal partners and consistently provide clarity and direction on complex credit actions.
• Your team is engaged, confident, and well-trained-executing underwriting responsibilities with efficiency and accuracy.
• Credit requests are handled proactively and with a strong sense of urgency, helping to reduce bottlenecks in the approval process.
• Risk reviews and compliance activities are smooth and well-prepared, reflecting your team's attention to detail and readiness.
• You balance coaching and oversight with strategic thinking-managing workload while helping the team evolve alongside business needs.
• The client experience is enhanced through your partnership with Private Bankers and Relationship Managers, helping deliver seamless lending solutions for high-net-worth clients.

California residents - your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $185,000 - 215,000 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 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.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

This position does not offer visa sponsorship.

#LI-TA

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, 2nd Fl

Employment Type
Regular

Weekly Hours
40

Skills
Analytical Thinking, Business Credit, Business Development, Credit Processes, Credit Proposals, Credit Risk Management, Ensure Compliance, Financial Analysis, Group Problem Solving, Portfolio Management