Sr Associate, Commercial Real Estate

Company: Canadian Imperial Bank of Commerce
Location: Chicago
Posted on: April 3, 2026

Job Description:

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 The Debt Products Senior Associate primary purpose is to ensure objectives related to credit underwriting for new loan origination activities are met. The Debt Products Senior Associate is responsible for producing consistent new deal underwriting which analyzes, presents and ultimately mitigates risk for any new credit that is being recommended for approval by US CRE. The position is ultimately accountable for all material presented throughout the loan origination life-cycle, in New Deals Committee, Prescreen, and Loan Presentations. The Debt Products Senior Associate will work in close collaboration with their assigned Client Management Regional Head, Market Leads and Group Heads, Asset Management team and DP Team Lead and/or DP Region Head in various capacities, throughout the loan life-cycle. The role has both external and internal responsibilities including direct engagement with Syndications and Capital Markets, amongst others. The Debt Products Senior Associate will have direct Borrower interaction and will be responsible for maintaining the client-focused nature of the CRE business. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. Only local candidates in the Chicago, IL area or willing to relocate will be considered. How You'll Succeed Underwriting/Credit Approval/Loan Closing Developing expertise in all aspects of the credit life cycle (i.e. underwriting, loan presentations, closing, etc.) Accountable for accuracy of loan approval documents prepared Accountable for accurately entering data in Closer Prepare materials presented for pre-screen by assigned Client Management (CM) team Present request at pre-screen and field questions Stay current on industry/market conditions, ensuring policies, procedures, standards, and guidelines (identification of emerging issues) remain up to date and adjust or recommend changes to procedures and standards as appropriate Recommend appropriate risk ratings in collaboration with DP Team Lead Understand CIBC appetite/limit capacity for deal-specific attributes including business execution, security, HVCRE, etc. Ensure loan documentation deal points align with Loan Presentation on new transactions Lead loan closing checklist calls and be a key point of contact for client Risk Management Work with DP Team Lead on evolving trends in Commercial Real Estate with collaboration from the assigned Asset Manager. Ensure that the policy, procedure and reference material which govern loan originations and closings are appropriately followed Provide appropriate materials and submissions as needed to support the HPA in response to regulators and auditors – internal and external Ensure that the HDP has the appropriate materials and submissions as needed to support regulatory filings Respond to second line challenge of line of business risk identification and review and provide input to materials generated for risk identification processes (e.g. risk self-assessments, minutes, and decks) Escalate data incident reports and ensure information is captured accurately (including root cause, impact, and control analysis) Who You Are You have 3 years of demonstrated experience in underwriting, structuring, loan closing, documentation, and portfolio management You have developed knowledge of regulatory expectations and industry best practices in risk management You have developed knowledge and understanding of financial risks (i.e., credit, market and/or liquidity) and/or non-financial risks (i.e., operational, compliance, reputation, strategic), and of financial services businesses and products You are a strong team player and able to work with productively with colleagues towards common goals You have excellent written and verbal communication skills You are a strong analytical and problem solving skills You are results oriented with a high degree of attention to detail You have the ability to provide basic credit expertise within Commercial Real Estate You are well versed in all key systems, applications, and models used including proficiency in Microsoft Office products with advanced knowledge of financial analysis and modeling You are expected to attend industry events to maintain current market knowledge At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $100,000 - $110,000 for the 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 may also 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. California residents — your privacy rights regarding your actual or prospective employment 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 Employment Type Regular Weekly Hours 40 Skills Commercial Real Estate, Financial Modeling, Microsoft Excel, Real Estate, Risk Appetite, Risk Management

Keywords: Canadian Imperial Bank of Commerce, Elkhart , Sr Associate, Commercial Real Estate, Accounting, Auditing , Chicago, Indiana