Mimi Cheng
About Mimi Cheng
Mimi Cheng is the Managing Director at CIBC in the New York City Metropolitan Area, with extensive experience in capital markets and securities.
Title
Mimi Cheng holds the title of Managing Director. She currently works at CIBC, a role she has held since 2014. Her expertise spans several decades in the financial industry, having risen through various roles at both CIBC and Prudential Securities.
Company
Mimi Cheng is currently employed at CIBC, specifically in the New York City Metropolitan Area. She has been with the company since 2014 in the role of Managing Director. Previously, she held several positions at CIBC Capital Markets, including Executive Director and Director, showcasing her long-standing relationship with the organization.
Education and Expertise
Mimi Cheng obtained a Bachelor of Applied Science (BASc) in Economics from Binghamton University. Her educational background established a strong foundation for her career in finance. She has significant expertise in capital markets, risk management, and securitization oversight, among other areas.
Professional Background
Mimi Cheng's career began at Prudential Securities where she held multiple roles from Analyst to Vice President between 1992 and 1998. She transitioned to CIBC Capital Markets in 1998, initially serving as Director and working her way up to Executive Director by 2002, a role she maintained until 2013. In 2014, she became the Managing Director at CIBC, where she continues to work today. Her work has primarily focused on the New York City Metropolitan Area.
Achievements
During her tenure as Head of CMBS Capital Markets and Distribution, Mimi Cheng delivered $120 million in revenue with an average return on equity of 30%. She has been instrumental in formulating and deploying hedging strategies to balance risk positions. Cheng also plays a key role in strategic decisions as a principal member of the pricing and credit committees. Additionally, she has mentored and managed a team of 3 direct and 25 indirect reports.