Procurement Associate Co-op

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
As a Procurement Associate Co-op Student, you will be responsible for assisting with communication with suppliers and assembling CIBC's supplier contracts. You will learn how to balance risks and requirements while gaining insight into CIBC's third-party supplier risk management process. You will be trained to assemble lower-risk contracts using CIBC's models and templates. You will also be asked to create analytics and reporting. You'll be asking questions and engaging with suppliers and colleagues from CIBC's internal business units. Attention to detail is key, as is the ability to see situations from others' perspectives.

We are looking for someone interested in contracts and eager to learn about managing risk. You may be considering a future in law or business management.

Additionally, you will become a member of our coveted Solutions Lab, where you will work as part of a team to bring new perspectives to existing CIBC challenges and help suggest and implement solutions that will directly benefit CIBC's Procurement team.

At CIBC we enable the work environment most optimal for you to thrive in your role.
Details regarding your work arrangement (proportion of on-site and remote work) will be discussed during your interview.
Important information

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal during the application process is to get to know more about you, all that you have to offer, and to give you the opportunity to learn more about us.
• You must be currently enrolled in post-secondary education and returning to full-time studies to be eligible. However, you do not need to be in a registered Co-op program to be considered for this role.
• Recruitment timeline: Application review – January/February; Interviews – January/February; Offers – February/March.
• Please include your resume (no more than 2 pages), a cover letter (no more than 1 page), and your most recent unofficial transcript with your application. These should all be uploaded into the Resume section of the application as one PDF document.
• 4 or 8 month opportunities available

How You'll Succeed

• Drafting Contracts- You write in a simple and clear manner. You are interested in contracts and want to learn more about the impact of contract language.
• Relationship Building- You will respond to assigned requests, providing professional, high-quality customer service for your portfolio to ensure deal delivery and risk mitigation. You will liaise and interact with internal business partners, internal risk stakeholders, and the Procurement team as part of the daily management of your portfolio.
• Collaboration- You love to learn. You're passionate about growing your knowledge, and you know there is no limit to what you can achieve.
• Detail Oriented- You understand that success is in the details. You notice things that others don't. Your critical thinking skills help inform your decision-making.

Who You Are

• 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 embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
• Values matter to you. You bring your real self to work and you live our values—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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support, and additional offers such as employee and family assistance programs 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.
• Subject to 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-
• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we're actively recruiting for, unless stated otherwise.
• 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 test (such as simulation, coding, French proficiency).
• We use artificial intelligence tools during the recruitment process. 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
Temporary (Fixed Term)

Weekly Hours
37.5

Skills
Communication, Decision Making