Loan Operations Specialist IV

What You'll Be Doing

The Operations Management position consist of the following job responsibilities

• Conduct daily quality assurance reviews of loans recorded in the originating loan systems (ACBS, IBS, SBA, ASPIRE), verifying accuracy against executed documentation such as attorney-prepared Credit Agreements, Notes, Lease Agreements, and other relevant documents within the established 10-day service level agreement (SLA). Ensure data integrity, promptly identify discrepancies, and submit errors for correction in a timely manner.
• Review and validate maintenance changes made to the loan systems post-booking and funding, within a 5-day service level agreement (SLA), ensuring that all modifications are supported by appropriate documentation and comply with internal procedures.
• Additional in-office duties would consist of the issuance of cashier checks to other Loan Operation team members, the review of executed documents received from our LOB partners for Fast Track Loans, as well submitting the final executed packages to our Collateral Team for scanning. #LI-TA

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2 days per week on-site, while other days will be remote.

• Strong knowledge of Attorney Prepared Loan Documents (Reading and Interpreting Lending Terminology)
• Loan System Knowledge (ACBS, IBS, Aspire, SBA) a plus

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $61,500 - $72,000 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.

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 Moment Makers, 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

• 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 Mailb
• 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.

IL-70 W Madison St, 8th Fl

Regular

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Lending Products