Cibc
Consultant,Procurement
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Consultant, Procurement at Cibc. Skills: Procurement, Contract negotiation, Supplier management. Manage end-to-end procurement activities. Support supplier-hosted software”
Industry & Context.
Problem solving
What They're Looking For.
Must Have
1 year experience in procurement, Formal sourcing principles knowledge
Nice to Have
Experience drafting contract schedules
What You'll Do.
Manage end-to-end procurement activities
Support supplier-hosted software
Define and resolve issues
Develop procurement approach
Provide recommendations
Develop procurement contracts
Negotiate procurement contracts
Execute procurement contracts
Implement procurement contracts
Adhere to regulatory requirements
Adhere to CIBC policies
Develop contract content
Lead contract negotiations
Secure authorizations for agreement execution
Provide equitable service
Provide value to clients
Establish working relationships
Maintain working relationships
Develop trusted adviser relationships
Provide consulting advice
Align procurement solutions
Implement supplier management framework
Ensure governance is followed
Ensure governance is adhered to
Keep abreast of industry knowledge
Keep abreast of innovations
Keep abreast of advancements
Engage with stakeholders
Manage contract drafting
Manage contract finalization
Manage contract approval processes
Comply with CIBC policies
Comply with CIBC processes
Take accountability for client issues
Build inclusive solutions
Build effective solutions
Manage multiple concurrent objectives
Manage multiple projects
Manage multiple groups
Manage multiple activities
Make effective judgments
How You'll Work.
Team & Collaboration
Cross-functional teams; Business partners; Legal resource; Supplier Risk Stakeholders; Relationship Managers; Business Leads
Communication Scope
Written communication; Oral communication
Full Job Description
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](https://www.cibc.com/en/about-cibc.html) **What you’ll be doing** The Procurement team provides sourcing support to business partners in executing on their priorities across all aspects of the third-party lifecycle, including advising on sourcing approaches, supporting supplier selection (e.g., RFPs), negotiating, and contracting. The Technology and Security Procurement team supports business partners across all technology support teams, as well as fraud, corporate security, and information security. As a Consultant in Procurement, you will manage end-to-end procurement activities focusing on indirect spend categories to support supplier-hosted software and IT services. You will collaboratively define and resolve issues when internal clients present requests in a general or ambiguous manner, encouraging diverse perspectives and approaches. You will develop and provide a procurement approach and recommendations as part of advisory services to our internal clients, based on their business requirements and contract analysis. You will develop, negotiate, execute, and implement low to moderate complexity procurement contracts, while ensuring that CIBC risks are mitigated and regulatory requirements & CIBC policies are adhered to. Plus, you will develop contract content (e.g., commercial terms and descriptive content) independently or in partnership with a legal resource and lead contract negotiations and secure authorizations for agreement execution. _At CIBC, we enable a work environment that is most optimal for you to thrive in your role. You’ll h
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