The PrivateBank Loan Workout Manager I in Chicago, Illinois
CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth Management offers investment management, wealth strategies and legacy planning.
CIBC works to help you make your ambitions a reality with a team that is committed to being always professional, genuinely caring and collaborates to find simple solutions as we build our relationship-focused bank for the modern world.
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 of our team members can excel.
Confidently orchestrate strategies to rehabilitate or develop exit plans to minimize losses, primarily regarding the Bank's C & I and Specialty Loan portfolios. Experienced in the handling and disposition of distressed credit through methods that yield the highest return, but also appropriate experience in the development and implementation of turn around or restructure plans to support strategic customer relationships. Ability to communicate effectively to stakeholders, senior management, borrowers and bank groups. Proficient in problem solving and negotiation skills. Thorough understanding of bank policy and banking regulations. Experienced in all legal collection processes, including bankruptcy and UCC sales Ensure the workout portfolio is risk rated accurately and changes are properly documented
At least 5 years of banking experience with 2+ years in dealing with troubled credits
Should possess strong written and verbal communication skills, knowledge on MS Office
External Company Name: CIBC US
External Company URL: https://us.cibc.com
Street: 120 South LaSalle Street