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2023-05-05

Quantitative Analyst, Commercial Real Estate

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CIBC
Quantitative Analyst, Commercial Real Estate
Chicago, US
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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

Job Description

As a member of CIBC’s Commercial Real Estate team, you'll work in a fast-paced environment where you'll make a meaningful difference in our clients' lives.

The Analyst, Quantitative Risk Modeling, will contribute to Commercial Real Estate goals and assist with the design and execution of line of business risk programs. The Analyst, Quantitative Risk Modeling will serve as a dedicated single point of contact to advise Commercial Real Estate on the assessment, mitigation and measurement of Financial, Strategic and Operational Risk.

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.

How you 'll succeed

Collecting Data - Championing data requirements and systems to support ongoing MIS and reporting enhancements. Provide data and insights on products, business strategies, historical data trends and potential internal / external data sources for consideration.

Analytical - Assisting with the development of data driven models to help the line of business manage limits, risk, and portfolio management. Leverage historical data to create predictive analytic models to improve loan servicing and portfolio management. Work with ERM and other appropriate parties when necessary on the approval and acceptance of models used by the line of business. Working with the model quantification team on any regulatory matters that require input. Participate in model review discussions to provide business team view / insights.

Forecasting - Improve the forecasting capabilities of the line of business to help reduce risk and identify emerging risks. Better integrate the business forecast with the financial planning process. Review and provide feedback list of scenarios defined for material risks. Reassess the limits program with an eye towards simplification and streamlining

Risk- Assessment- Identifying and building effective KPIs/KRIs to monitor front line risks and define and source necessary data to develop and maintain KPIs/KRIs segment risk/risk appetite statements that monitor the right risks in the most meaningful way.

Stress Testing - Provide additional documentation to stress testing group as needed. Provide review and challenge of stress testing assumptions and results applicable for the front-line Line of Business, and take appropriate actions as needed.

Who you are

You can demonstrate experience in dealing with real estate clients and their loan portfolios. You have excellent proficiency with computer software such as Microsoft Word, Excel, PowerPoint and SharePoint.

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 understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information with impact.

You 're digitally savvy. You seek out innovative solutions and embrace evolving technologies.

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, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client and to do it well. As part of our team, you will :

  • Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.
  • Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.
  • Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.
  • Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.

[California residents — your privacy rights regarding your actual or prospective employment](https://us.cibc.com/en/about-us/california-consumer- privacy-act-employment.html)

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

IL-120 S LaSalle St, 11th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Dashboard Reporting, Data Trends, Key Performance Indicators (KPI)

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