Consultant, Supplier Governance

2 weeks ago


Toronto, Ontario, Canada CIBC Full time $90,000 - $120,000 per year

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

  • This role resides within Third Party Governance Office (TPGO). TPGO oversees enterprise-wide supplier governance and relationship management processes to ensure that such activities are managed effectively and in compliance with CIBC policies and regulatory requirements.
  • Working closely with other third-party risk management life cycle functions and stakeholders (e.g. pre-contract due diligence, control groups, vendor relationship managers), the Consultant, Supplier Governance will support the Third Party Ongoing Monitoring team to deliver capabilities to monitor the risk profile of CIBC's existing supplier relationships on an ongoing basis, communicate and take action where required to ensure CIBC's supplier risk tolerance is managed.

At 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 1-3 days per week on-site, while other days will be remote.

How you'll succeed

  • You will be viewed as a subject matter expert on supplier governance practices and will be leaned on to offer advice and assistance in this area. Often when issues are identified, obtaining buy-in to close these issues is challenging and requires strong relationship management skills to be successful
  • Support the execution of a risk-based ongoing supplier risk monitoring program for the enterprise (Canada, US, Europe and APAC regions), incorporating CIBC policy and regulatory requirements
  • Co-ordinate with Relationship Managers on collection and analysis of supplier due diligence documentation (e.g. SOC reports, exit strategies, certificates of insurance, financial reports, SLA reports etc.)
  • Support activities relevant to ongoing supplier monitoring from risk stakeholders for the enterprise e.g. Information Security, privacy, Technology etc.
  • Identify processes, policies, tools and procedures at the bank that need to be created or refined to support effective management and governance of suppliers.
  • Work with vendor relationship managers to ensure suppliers are adhering to contract requirements
  • Provide guidance and education to business units and other key stakeholders such that ongoing supplier risk monitoring requirements are clearly understood.

Who you are

  • Excellent relationship management skills. Strong communication, interpersonal and presentation skills
  • Understanding of the internal and external business environment within which CIBC operates
  • Experience working in a global multi supplier environment and managing suppliers
  • Familiarity with regulatory guidelines around third party risk management. Familiarity with sourcing and/or supplier processes, tools and templates
  • Experience with process modeling, writing process documentation. Knowledge of bank's process, standards and guidelines would be an asset
  • Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
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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

Mailbox.careers-
- 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, 19th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Archival Databases, Archival Management, Client Counseling, Corporate Records Management, Detail-Oriented, Fine Arts, Real Estate Management, Researching



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