Account Specialist, Private Banking
Job Posting for Account Specialist, Private Banking at 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
Job Description
Responsibilities:
- Primary responsibility is to provide “white-glove” service to our HNW and UHNW clients.
- Maintain knowledge of Private Banking Loan Product Offerings
- Produce quality work in the form of Loan Presentations, Material Amendments and other credit requests in a timely manner and in accordance with agreed upon deadlines
- Ensures integrity of data captured in underwriting / processing and compliance logs / systems
- Effective Collaboration with Relationship Managers, Loan Coordinators, Group Portfolio Managers, Team Leads and Senior Management
- Complete assigned reporting responsibilities (weekly, monthly, or quarterly) to meet LOB reporting deadlines
- Continually work to increase market and professional knowledge through training classes, seminars and special projects
- Develop strong working knowledge of CIBC Bank USA Credit Policy and Risk Rating Frameworks
- Manage activities appropriately relative to cost/expense control management
- Community Involvement
- Any other duties as assigned by leadership
Knowledge and Skills:
- Understanding of the high net worth and ultra-high net worth client profile and typical product offerings
- Ability to structure credit solutions for HNW and UHNW clients with complex balance sheets and cash flows
- Ability to analyze client's investments statements to differentiate eligible from ineligible client positions for lending capabilities to recommend a credit structure that meets the client's needs and falls within the Bank's risk parameters
- Knowledge of federal and state regulatory requirements
- Prefer a minimum of 1 - 3 years of banking client service experience
- Strong organizational skills, with the ability to manage multiple assignments and priorities is essential while delivering desired results
- Strong teamwork and partnering skills with ability to effectively manage the expectations of multiple internal/external constituents
- Effective written and verbal communication/presentation skills
- Intermediate user of MSWord and MS Excel
How you'll succeed
- Client engagement - Focus on each client experience and connect on a personal level to make every interaction meaningful. Anticipate client needs and communicate promptly with your team to build trust and deepen client relationships. Identify activities, processes and opportunities to improve the client experience.
- Business development - Proactively identify business opportunities for your team. Work closely with investment advisors to support business development activities and assist in the building of investment plans based on the client’s profile, goals, and risk/reward tolerance.
- Relationship building - Heighten CIBC brand awareness in your community by attending local events and participating in marketing and outreach activities. Grow your network to create lasting connections that will generate future opportunities.
Who you are
- You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it’s the right thing to do.
- You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
- You engage with your heart and mind. You care about people and understand different perspectives. You listen and learn from the experiences of others.
- You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You’re a certified professional. You have current accreditation and good standing Canadian Securities Course (CSC), Conduct & Practice Handbook (CPH), and Investment Representative (IR) licensing. It’s an asset if you have Registered Representative (RR) licensing. Financial services and/or brokerage industry experience, and working knowledge of various quotation equipment is required.
- 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 health benefits program, defined benefit pension plan, an employee share purchase plan 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
California residents — your privacy rights regarding your actual or prospective employment
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 contactMailbox.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.
Job Location
IL-120 S LaSalle St
Employment Type
Regular
Weekly Hours
40
Skills
Banking, Credit, Customer Experience (CX), Financial Services, Investments
Salary.com Estimation for Account Specialist, Private Banking in Chicago, IL
$63,859 to $79,888
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