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Permanent

Head of Global Credit Financing Credit Risk, Europe & APAC

London
money-bag Negotiable
7D10CEAC182750574B0AC7E2C79B97D6
Posted 3 days ago

* To direct development of processes for the measurement and monitoring of counterparty credit risks in GCF business lines in Europe and APAC including maintaining the GCF framework as it applies to the Europe and APAC Region.* Adjudicate individual credits and transactions, and present reviews and justification to senior management.* Adjudicating GCF Credit transactions requires an understanding of the underlying asset type and its performance characteristics, analysing deal structures to ensure prudent mitigation and de-leveraging as required, meeting with and conducting due-diligence to grade counterparties for their processes around origination, loan management, loss mitigation.* Maintain adequate processes for the reporting and analysis of deal and counterparty credit/specific risks, ensuring that appropriate limit structures are in place, that traders/salespersons transact business within approved limits, and that limit exceptions are monitored and cleared or approved.* Prepare ad hoc reports/analysis as market developments, positions, Europe and APAC regulators or CIBC executives require.* Ensure they are at all times fully aware of all of the risks of the business they are accountable for and that they are actively following the markets and the observed and potential future impact market conditions and positions have and may have on the PandL of those businesses.* Proactively develop requirements and procedures for the evolution of risk measurement and monitoring as the business develops new products and as the market changes.

Partner with Quantitative Risk and Market Risk Solutions teams as appropriate in the development and implementation of methodological/analytical improvements* Act as the focal point for all audits and examinations, internal and external, relating to counterparty credit risk for the GCF business, specific and contingent credit risks in the relevant businesses.* Educate and explain evolving risk methodologies to ensure buy-in from business leadership and individual traders.* Ensure that the business leadership perceive the GCF Traded Credit Risk group as added value to their businesses.* Participate in the establishment of the vision, long term strategic direction, objectives and plans for Capital Markets Risk Management, assuming responsibility for group-wide projects as required.* Ensure that all delegated roles, responsibilities and accountabilities are defined and understood.* Provide visible leadership, create team spirit and champion CIBC’s values, strategies and core programs – as guided by the CIBC CRO’s current GPS scorecard* As required, ensure that managers are administering CIBC’s human resources programs appropriately and that competent staff are recruited, retained, developed, trained and rewarded fairly.* Provide value by visiting clients and presenting and assessing culture risk associated with said clients.* 10+ years or experience managing and adjudicating credit risk for collateralized and structured credit transactions covering various asset types as underlying, such as loan warehouses, secured lending, non-recourse transactions, repo and reverse repo of structured credit, Significant Risk Transfer (SRT) transactions, etc.* Solid understanding of collateral and security requirements in various jurisdictions e.g. UK and Europe.* Proven record of working with risk and business colleagues to challenge deal structures and propose acceptable mitigation measures to transaction risk issues.* In-depth knowledge of capital markets financial instruments.* Strong analytical and quantitative skillset.**·This role operates within a normal office environment.**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.#J-18808-Ljbffr

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