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 CIBC.com

What you'll be doing

As the Sr. Consultant in the Corporate Procurement team, you’ll manage end-to-end procurement activities for high-complexity engagements across a diverse portfolio, including Risk, Enterprise Real Estate, Marketing, Finance, HR, and other functional groups. You’ll lead transactions involving a range of service types, such as professional services, technology, and business process outsourcing (BPO) agreements. Your expertise in running complex requests for proposals (RFPs) and leading negotiations with multiple internal stakeholders will be essential to your success. You’ll develop and present procurement strategy recommendations, ensuring business requirements and industry insights inform your approach. In addition to executing and implementing procurement initiatives, you’ll take the lead in upskilling the team, especially in RFX processes, sharing your knowledge and fostering best practices. You’ll collaborate closely with legal resources to develop contract content and ensure CIBC’s risks are mitigated, regulatory requirements are met, and organizational costs are optimized.

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

• Client Engagement & Relationship Management – Build trusted advisory relationships with internal clients, providing leadership and consulting advice to drive the successful completion of procurement initiatives. Align procurement solutions with business objectives and collaborate with Supplier Risk Stakeholders, Relationship Managers, and Business Leads to ensure CIBC’s supplier management framework is applied.
• Risk Management & Industry Knowledge – Ensure governance and compliance for all contracts, staying current on industry trends, innovations, and best practices across business and technology service types.
• Influencing and Negotiations – Demonstrate strong influencing and negotiation skills, engaging effectively with stakeholders at all levels. Lead contract drafting, negotiations, and approval processes, ensuring adherence to CIBC’s Procurement and Supplier Governance policies. Take accountability for client issues and collaborate to develop effective solutions.
• Managing Multiple Priorities – Apply effective self-management practices to balance multiple concurrent projects and objectives, making informed decisions about prioritization and time allocation.
• Team Development & Knowledge Sharing – Lead efforts to upskill the procurement team, sharing expertise in RFX processes and fostering a culture of continuous improvement.

Who you are

• You have relevant experience. You bring at least 5 years of experience in procurement, supplier processes, sourcing principles, and contract negotiation across various categories. You excel at maximizing efficiencies, managing assignments, and meeting deadlines. You’re skilled in drafting contract schedules (such as Scope of Work and SLAs) and negotiating contractual terms. Experience with professional services, technology, and BPO agreements, as well as familiarity with IT Services, ASP, SaaS, or Cloud-based contracts, is an asset.
• You’re a relationship builder. You value diverse relationships and networks, building trust through respect and authenticity.
• You’re client-focused. You engage with purpose and urgency to identify solutions, always striving to do what is right for clients.
• You’re an influential communicator. You influence outcomes through effective communication and understand the importance of relationships and networks in achieving success.
• You’re detail-oriented. You pay attention to details and use critical thinking to inform your decision-making.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

#LI-TA

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 [email protected]

• 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

Regular

Weekly Hours

37.5

Skills

Corporate Services, Management Reporting, Procurement Services, Reporting and Analysis, Strategic Objectives, Vendor Management, Vendor Relationships, Work Collaboratively