Procurement Consultant

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

The mandate of Procurement is to provide contracting and supplier management services utilizing disciplined governance to enable CIBC to effectively execute its business priorities in the United States. Procurement is responsible for executing contracts for the supply of products and services with an optimal balance of price, risk, quality, and organizational impact. The team also provides support for CIBC vendor management programs and procurement applications.

As a Senior Procurement Consultant (US), you will manage and execute end-to-end procurement opportunities to drive cost savings, process efficiencies, and risk mitigation. You will leverage your strong contract drafting and negotiation skills to support a broad range of spend categories. Your expertise will ensure the successful execution and implementation of procurement initiatives within relevant expenditure categories.

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 1-2 days per week on-site, while other days may be remote.

How You'll Succeed

• Relationship Building – Provide professional, high-quality support to CIBC business owners and cross-functional teams across the organization.
• Liaise and interact with internal stakeholders and suppliers as part of the daily management of your portfolio.
• Communication Engage regularly with business leaders and senior management to fulfill their contracting needs with suppliers.
• Work closely with suppliers to implement procurement strategies and finalize agreements.
• Negotiation strategy – Lead contract drafting and negotiations with suppliers, ensuring favorable terms and alignment with business objectives.
• Oversee the execution of agreements, ensuring compliance with internal policies and required approvals.
• Administration - Ensure business stakeholders and procurement partners are equipped with accurate and timely information to make informed decisions.

Who You Are

• You demonstrated experience capturing business requirements from various internal stakeholders and translating them into clear and concise supplier requirements. You are adept at managing internal and external clients, leading projects, and effectively managing multiple procurement initiatives and stakeholders.
• Continuous Learner - You are passionate about expanding your knowledge and skills, always seeking opportunities for growth
• Detail-Oriented - You recognize the importance of details and use your critical thinking skills to inform decision-making.
• Analytical- You enjoy investigating complex problems, making sense of information, and communicating insights in an impactful way.
• Collaborative - You believe in the power of teamwork and collaboration to achieve shared goals.
• Value-Driven: You bring your authentic self to work and live CIBC's values of trust, teamwork, and accountability.

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

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- 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, French proficiency, 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

Toronto-81 Bay, 14th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Contracting Strategies, Contract Management, Data Analysis, Procurement, Procurement Negotiations