Job Information
CIBC Associate, Corporate Banking in Hong Kong, Hong Kong
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BUSINESS UNIT DESCRIPTION
Corporate Banking in Asia is the division within Capital Markets which is responsible for originating, and managing investment and non-investment grade lending and credit-related products for CIBC Capital Market’s corporate clients in specific industry sectors (namely infrastructure, energy, power & utilities, mining/natural resources and selected diversified industries) and specific regions
JOB PURPOSE
Reporting to the Managing Director, Head of Corporate Banking Asia, the successful candidate will provide credit analysis, documentation and transactional support within Corporate Banking and assists with managing existing credit relationships with CB HKs clients. This necessitates maintaining an awareness of the client, company, industry, regulatory issues, relevant economic/political trends and client needs as well as tailoring coverage and financing solutions to meet client needs.
KEY ACCOUNTABILITIES
Conducts credit and financial analysis, both for existing clients and on new financing opportunities
Researches and analyses information and drafts credit proposals
Assists in analyzing, structuring, negotiating, and documenting new loan transactions
Acts as liaison with officers of Operations, Settlement, Financial Control, Technology, Legal, and Compliance and Corporate Banking Business Management group
Liaises with other units of CIBC, including Risk Management in preparing credit reviews and proposals for clients’ financing needs
Involved in liaison with existing relationships with CB HK’s clients, as well as potential clients
Is responsible for day-to-day management of credit files, including annual reviews, monthly and ad hoc updates required. Ensures that CIBC’s lending activities with local clients align with CIBC’s AML/KYC due diligence process.
Works with the Director to ensure the KYC and AML procedures for new account opening and periodic review of existing account management compliance.
Supports the Director to develop new client relationships to generate loan commitments
COMPLIANCE REQUIREMENTS/RESPONSIBILITIES
- As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls as well as confidentiality
KNOWLEDGE AND SKILLS
Bachelors degree in Business, C.P.A. or C.F.A.; at least 3 years previous corporate finance/corporate lending experience is preferred
Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow analysis
Ability to work well in a team environment
Thorough understanding of Corporate Finance theories and practices, well-developed financial analysis skills, including financial modeling capability using Excel
Excellent understanding of financial statements and accounting principles
Well-developed organizational skills in order to respond to shifting priorities on several simultaneous projects
Demonstrated job commitment including a willingness to work extended hours and personal flexibility and adaptability in order to meet client and organizational requirements
Develop financial models to assist in structuring transactions and perform sensitivity analysis
Basic understanding of derivative products for cross-selling opportunities
Written and spoken fluency in English is a must, Mandarin and Cantonese preferred
Excellent interpersonal, presentation, oral and written communication skills in order to convey factual and conceptual information to others and promote the interests of CIBC
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
Job Location
2 Queens Road Central
Employment Type
Regular
Weekly Hours
37.5
Skills
Analytical Thinking, Business Development, Credit Risk Management, Customer Experience (CX), Financial Modeling, Financial Statement Analysis, High Net Worth Individuals, Portfolio Management, Researching
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.