1

Cibc Underwriter Jobs (NOW HIRING)

Act as the quarterback to drive deals through the underwriting and closing process. * Collaborate with internal partners - Partner with CIBC Private Wealth Management Relationship Managers and other ...

Act as the quarterback to drive deals through the underwriting and closing process. * Collaborate with internal partners - Partner with CIBC Private Wealth Management Relationship Managers and other ...

Act as the quarterback to drive deals through the underwriting and closing process. * Collaborate with internal partners - Partner with CIBC Private Wealth Management Relationship Managers and other ...

next page

Showing results 1-20

Cibc Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do cibc underwriter jobs pay per year?

As of Sep 14, 2026, the average yearly pay for cibc underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is a CIBC underwriter?

A CIBC Underwriter is responsible for assessing and evaluating credit applications, such as mortgages or loans, to determine risk and ensure compliance with the bank's lending policies. They analyze financial statements, credit reports, and other relevant data to make informed lending decisions. Additionally, they collaborate with financial advisors and customers to provide guidance and approvals. The role requires strong analytical skills, attention to detail, and knowledge of banking regulations.

What are the key skills and qualifications needed to thrive as a CIBC underwriter?

To thrive as a CIBC Underwriter, you need strong analytical abilities, attention to detail, and a solid understanding of credit risk assessment, typically backed by a finance or business degree. Familiarity with underwriting software, loan origination systems, and relevant financial regulations or certifications such as CFA or CSC is highly valuable. Excellent communication, problem-solving skills, and the ability to work collaboratively under tight deadlines are crucial soft skills. These competencies ensure accurate risk evaluation, regulatory compliance, and effective decision-making in a fast-paced banking environment.

What are the typical career growth opportunities for a CIBC underwriter?

CIBC Underwriters often have a variety of advancement paths, ranging from senior underwriting roles to management and risk assessment leadership positions. With proven performance and experience, underwriters can move into specialized roles such as credit policy development, portfolio management, or even transition to related departments like commercial lending or corporate finance. Continuous learning and additional certifications can further enhance prospects for promotion within the bank. CIBC also encourages internal mobility, providing opportunities to take on more complex portfolios or supervisory responsibilities as you build your expertise.

More about Cibc Underwriter jobs

What cities are hiring for Cibc Underwriter jobs?

Cities with the most Cibc Underwriter job openings:

What are the most commonly searched types of Cibc Underwriter jobs?

The most popular types of Cibc Underwriter jobs are:

Infographic showing various Cibc Underwriter job openings in the United States as of September 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 64% In-person, and 36% Hybrid job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Commercial Banking - Portfolio Management and Underwriting

Cleveland, OH • On-site

CIBC
Banking and Credit Intermediation • 10K+ employees

$100K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


CIBC rating

9.0

Company rating: 9.0 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


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
KEY ACCOUNTABILITIES / RESPONSIBILITIES
The Portfolio Manager will be responsible for but not limited to the following activities.
Primary responsibilities for this position will be that of Underwriting and Portfolio Management in a manner consistent with CIBC's risk culture.
Client Sales
  • Serve as the client's primary contact/resource/advocate at the Bank for portfolio related issues/reporting/maintenance or new requests on existing credit
  • Renewal activities with existing clients - PM leading associated activities with RM input
  • Remain active and engaged in periodic client calls and visits for assigned portfolio
  • Maintain Salesforce pipeline on existing clients (draws, increases, paydowns, payoffs)

Client Onboarding/Closing
  • Loan closing process - responsible for driving the closing process with internal closing team and Portfolio Coordinator
  • Engage RM as needed; primarily with respect to material changes to negotiated business terms with the client

Client Portfolio Maintenance
  • Address upcoming maturities and annual reviews on time; help remediate payment past dues
  • Ensure all customer financial reporting / covenants are collected on time
  • Support closing team to ensure collection of outstanding loan document exceptions
  • Follow up on past due real estate taxes / insurance certificates to clear exceptions
  • Prepare quarterly reports and reviews for certain customers
  • Prepare FAS 114 memo / analysis when applicable
  • Complete quarterly SOX controls and ensure accurate risk ratings at all times for covered portfolio
  • Respond to approval requests for overdrafts, manual wires, NSF wires, ACH suspensions, etc.
  • Review borrowing base availability
  • Review pricing grid / tickler reports to ensure pricing and fees have been applied / adjusted correctly

Client Penetration/Cross Sell
  • Consults with the RM on cross-sell opportunities

Management Responsibilities and Team Training
  • Mentor and provide situational training support to Associates and Sr. Associates

CROSS-FUNCTIONAL RELATIONSHIPS
  • Maintain strong partnerships with other business functions/units (i.e. Private Wealth, cross-sell partners and Loan Services)

RISK & COMPLIANCE
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership's identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual monitoring/assessments. We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture. This includes:
  • Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls
  • At all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goals
  • Understanding and following the qualitative and quantitative components of our Risk Appetite Statements
  • Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings
  • Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC's policies, frameworks, guidelines, processes and controls
  • Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders
  • Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institution

AUTHORITIES/DECISION RIGHTS
  • As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness.

KNOWLEDGE AND SKILLS
  • Minimum of 5-7 years of experience of applicable experience in underwriting, structuring, loan closing, documentation, and portfolio management.
  • Ability to prove credit expertise within a specific commercial banking industry or vertical.
  • Expected to be well versed in all key systems, applications, and models used

Completion of Commercial Banking Training Program or equivalent (preferred but not mandatory)
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $100,000.00 - $150,000.00 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
OH-Cleveland, 200 Public Square
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Business Banking, Business Development, Cash Management, Client Service, Credit Processes, Financial Advising, Portfolio Management, Results-Oriented

What CIBC employees say

Hours and flexibility

Workplace

Get the full story on Breakroom