CIBC

Sr.Consultant,Procurement

Toronto, Ontario, Canada FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Sr. Consultant, Procurement at CIBC. Skills: Procurement, Supplier Management, Negotiation, Client Relationship Management. Manage end-to-end procurement activities. Support client needs”

What You'll Achieve.

Achieve business goals; Deliver valued consulting advice; Align procurement solutions with business objectives; Implement CIBC’s supplier management framework; Ensure all contracts adhere to appropriate governance; Maximize efficiencies and systems to meet CIBC business goals

Industry & Context.

Problems you'll solve

Define issues and deliver innovative solutions; Problem Solving; Develop effective solutions; Critical thinking skills

What They're Looking For.

Must Have

5 years of experience in procurement and supplier processes, practices, tools, and principles of formal sourcing, Self-planning skills, Experience drafting contract schedules (such as Scope of Work and SLAs), Negotiated contractual terms and conditions, Skilled at developing strategy and converting it into actionable plans, Foundational understanding of Capital Markets and the importance of market data

Nice to Have

Experience in procurement within the financial industry, Exposure to market data, Capital Markets, and related trends

What You'll Do.

Manage end-to-end procurement activities

Handle requests and projects

Define issues and deliver solutions

Develop procurement strategy recommendations

Lead procurement initiatives

Create requests for proposals (RFPs)

Create supplier evaluation tools

Follow regulatory requirements

Provide specialized support for procurement activities

Align procurement with business needs

Align procurement with regulatory frameworks

Develop contract content

Lead negotiation strategy alignment

Secure necessary authorizations

Ensure successful implementation of procurement initiatives

Support CIBC’s operations

Achieve business goals

Provide exceptional service

Build relationships with business partners

Build relationships with suppliers

Build relationships with peers

Act as trusted adviser

Deliver consulting advice

Facilitate procurement management

Align procurement solutions with business objectives

Implement supplier management framework

Ensure contracts adhere to governance

Maintain understanding of Capital Markets

Maintain understanding of market data

Maintain understanding of industry trends

Stay current with innovations

Stay current with advancements in market data

Manage contract negotiations

Manage contract approval processes

Comply with CIBC’s Procurement policies

Comply with Supplier Governance policies

Ask insightful questions

Approach challenges from client’s perspective

Take accountability for client issues

Collaborate to develop solutions

Handle multiple concurrent objectives

Handle multiple concurrent projects

Handle multiple concurrent activities

Make informed judgments about prioritization

Make informed judgments about time allocation

Apply procurement skills across various categories

Maximize efficiencies and systems

How You'll Work.

Team & Collaboration

Cross-functional coordination; Collaborate with others to develop effective solutions; Build meaningful relationships with business partners, suppliers, and peers; Liaise with all levels of stakeholders; Build trust through respect and authenticity; Maintain a diverse network of partners; Inspire outcomes by making your voice heard; Work collaboratively

Communication Scope

Develop and present procurement strategy recommendations; Influencing and negotiation skills; Communicate effectively

Process & Methodology

Manage end-to-end procurement activities, Handle requests and projects, Lead and executing moderate to high complexity procurement initiatives, Manage multiple concurrent projects, Manage multiple concurrent activities

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** As a Senior Consultant in Procurement, you'll manage end-to-end procurement activities within the Sourcing Team, focusing on CIBC’s Capital Markets business and the Enterprise Market Data team. You'll play a pivotal role in supporting client needs, handling requests and projects—even those that are general or ambiguous—by defining issues and delivering innovative solutions. You'll develop and present procurement strategy recommendations tailored to business requirements and informed by industry analysis. Leading and executing moderate to high complexity procurement initiatives, you'll create requests for proposals (RFPs) and other supplier evaluation tools, ensuring CIBC risks are mitigated and all regulatory requirements and CIBC policies are followed. You'll provide specialized support for procurement activities related to Capital Markets operations and enterprise market data, aligning with business needs and regulatory frameworks. Additionally, you'll develop contract content, lead negotiation strategy alignment and contract negotiations, secure necessary authorizations, and ensure successful implementation of procurement initiatives. Your expertise will help navigate complex procurement scenarios and support CIBC’s operations within a dynamic and highly regulated environment. _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 d

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