Director, Corporate Credit Risk

The Director, Corporate Credit Risk assists the Chief Risk Officer and Chief Credit Officer with evaluating and managing credit risk throughout the Bank.

About Us

CIBC Caribbean is a relationship bank offering a full range of market leading financial services through our Corporate Banking, Private and Business Banking and Wealth Management segments through its leading digital banking network and locations across the region. CIBC Caribbean is one of the largest regionally listed financial services institutions in the Caribbean.

Maintaining the delivery of exceptional service to our clients requires teamwork. Meet our team of professionals who support delivery across the region. This support requires collaboration, innovation, governance, effective tools, technologies and efficient processes. There are many business segments that comprise our Head Office: Audit, Legal, Finance, Human Resources, Risk Management. Bring your expertise to a team of professionals who bring value to the entire organization.

About the Role

The Director, Corporate Credit Risk assists the Chief Risk Officer and Chief Credit Officer with evaluating and managing credit risk throughout the Bank. The incumbent assesses and adjudicates corporate credits (including high risk watch list accounts) in addition to any personal advances of key individuals that fall within the incumbent’s discretionary limits. The Director assists the Chief Risk Officer & Chief Credit Officer with the evaluation and management of counterparty credit risk throughout the Caribbean for the Bank. Provides training, coaching, support, guidance and advice to risk managers on specific credit underwriting evaluations and decisions, lending situations generally and other risk matters. Provides credit risk mitigation input with regards to deals presented. Supports smooth operation of the risk and adjudication function via the back-up of the other Directors, Corporate Credit Risk and vice-versa those Directors provide back-up for this role as necessary.

About Success

• Responsible for sustaining metrics and performance per the Bank’s Risk Appetite Statement and metrics, and other metrics and performance standards that are agreed with the Chief Credit Officer – achieved by ensuring team performs to full potential by identifying where the Bank is at risk using latest risk management tools.

• Adjudicates credit applications within a graded lending matrix per delegated lending authority.

• Sanctions credit applications within a graded lending matrix per delegated lending authority. May provide a one stop sanctioning service, i.e. reviewing credit applications within the delegated limits.

• Evaluates and makes recommendations to the Chief Credit Officer, Chief Risk Officer, Credit Committee and/or Risk Committee of the Board for any application processed where facilities are outside sole discretion.

About You

• Degree in Finance / Accounting / Business / Economics / Professional qualification – Associate of Chartered Institute of Bankers or equivalent. Chartered Financial Analyst (CFA Charterholder); Financial Risk Manager (FRM) designations are an asset.

• At least five years’ banking experience at management level.

• Prior experience as a frontline Corporate / Investment Banking lender, and preferably experience as an adjudicator.

• Previous senior team management expertise.

• Through experience, gained detailed understanding of segment specific risk and the risk management procedures for the Corporate Market, Capital markets, Sovereign, Financial sectors and country risk exposure.

• Experience in formulating policies, procedures, and strategies.

• A skilled communicator - able to communicate decisions in a manner to clearly and satisfactory convey reasoned point of view whilst achieving buy in, where possible, of partners (submitter).

About our Offer

We use the same innovation and vigour for our benefits and reward package. It is attractively structured and performance bonuses are offered. You will have a challenging, diverse experience with opportunities for professional growth. We value agility, collaboration, integrity, sense of ownership and urgency.