Director, Vendor Governance

2 weeks ago

Old Toronto, Canada CIBC Full time
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

What you'll be doing

Reporting to the Sr. Director, Decision Support Vendor, Asset & Expense Management, the Director is responsible for vendor governance across multiple LOBs in the Technology Operations organization. This includes key cross-LOB collaboration on strategic vendor agreements, vendor relationship management activities, governance and expense management and executive communications in support of the minimalization of supplier risk to our bank.

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

Relationship Building & Communications: Create value-additive relationships with key contacts at major suppliers and internal Technology Operations teams and form partnerships to ensure successful vendor governance and quality vendor execution. Run vendor governance sessions with senior executive audiences and manage communications and actionable deliverables.

Strategic Thinking: Create and drive strategies with business partners to maximize value from our vendor partnerships, looking for efficiencies, cost savings opportunities and business alignment, while conforming to the bank’s compliance standards and risk tolerances.

Leadership with Authenticity: Be a bold and authentic leader who is passionate about bringing disparate teams together for a common goal, bringing out the best in people. Support and mentor through knowledge sharing, collaboration and effective problem solving.

Innovation: Provides thought leadership, seek out innovative solutions and embrace evolving market trends. Strategically influence Technology & Operations leaders as required relative to technology solutions, vendor capabilities, regulatory & compliance matters, and technical feasibility.

Who You Are

You can demonstrate experience in: vendor governance, vendor agreements, regulatory and compliance frameworks, strategic analysis, design, and implementation of vendor proposals. You have experience with Risk management tools and processes to mitigate enterprise exposure.

You have strong knowledge of: Financial Institution structures, outsourcing practices within the financial industry, vendor governance frameworks, regional regulatory and compliance requirements.

Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard by advocating for the value of data and governance and effectively communicate the value to various audiences.

You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of a team that enjoys working together towards a goal.

You embrace and champion change: You’ll continuously evolve your thinking and the way you work in order to deliver your best. You empower and enable your team to make continuous improvement, go above and beyond, and deliver results.

You're passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

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're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.

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*, defined benefit pension plan*, an employee share purchase plan, 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

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 Toronto-81 Bay, 32nd Floor

Employment Type Regular

Weekly Hours 37.5

Skills Business Planning, Information Technology (IT) Projects, Leadership, Project Delivery, Project Management, Strategic Management, Technical Knowledge, Vendor Contracts, Vendor Management, Vendor Partnerships, Vendor Relationship Management, Vendor Relationships, Work Collaboratively #J-18808-Ljbffr

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