Cibc
Sr.Consultant,Procurement
Neural analysis suggests this role is
optimal for Senior candidates.
“Sr. Consultant, Procurement at Cibc. Skills: Procurement, Negotiation, Stakeholder Management, Contract Management. Manage end to end procurement activities. Focus on software, Saas and IT Services”
What You'll Achieve.
Cut costs; Minimize risks; Drive continuous improvement; Meet business goals; Provide better service and value; Make every interaction meaningful; Provide valued consulting advice; Facilitate effective management and completion of procurement initiatives; Ensure appropriate governance is followed and adhered to for all contracts; Align procurement solutions with their business objectives; Ensure CIBC’s supplier management framework is implemented; Comply with CIBC’s Procurement and Supplier Governance policies and process; Maximize efficiencies, processes and systems to meet CIBC business goals
Industry & Context.
Define issues; Resolve requests; Problem Solving; Listen, ask questions; Put yourself in the client’s shoes; Act like an owner; Critical thinking skills
What They're Looking For.
Must Have
3+ years of experience in procurement and/or supplier processes, practices, tools and templates, Principles of formal sourcing processes, Self-planning skills sufficient to plan own assignments, Ability to multi-task, plan and meet timelines, Written and oral communication skills
Nice to Have
Experience drafting various contract schedules (e.g., Scope of Work, Commercial Terms, etc.), Knowledge of SaaS or Cloud, and IT Services based contracts
What You'll Do.
Manage end to end procurement activities
Define issues and recommend approach
Resolve requests in innovative way
Manage contract projects
Conduct procurement research & strategy
Perform vendor selection
Execute deal negotiation
Manage contract approval process
Develop contract content
Align procurement solutions with business objectives
Implement supplier management framework
Manage contract drafting
negotiations and finalization
Manage approval processes
How You'll Work.
Team & Collaboration
Coordinate inputs of legal resources, subject matter experts and line-of-business; Establish and maintain healthy working relationships with business partners, suppliers, and peers; Develop trusted adviser relationships; Work with Supplier Risk Stakeholders, Relationship Managers and Business Leads; Collaborate with others to build a better solution; Support team members and use each other as sounding boards
Communication Scope
Written communication skills; Oral communication skills; Influencing skills; Negotiating skills
Process & Methodology
Manage multiple concurrent objectives, projects, groups, or activities, Prioritize and allocate time effectively
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 Sr. Consultant, Procurement manages the end to end procurement activities focusing primarily on software, Saas and IT Services. In this role, you will define issues, recommend an engagement and contract approach and resolve in an innovative way when a request is presented in an ambiguous manner. You work in a self-regulated manner and are responsible for the contract projects you are assigned including procurement research & strategy, vendor selection, deal negotiation, deal presentation, and the contract approval process. You will work with minimal direction with a mission to cut costs, minimize risks, and drive continuous improvement on moderate to high complexity projects. The Sr. Consultant co-ordinates the inputs of CIBC's legal resources, subject matter experts and the line-of-business to create a contract that sets both CIBC and the supplier up for success. You will develop contract content (ex. commercial terms and descriptive content) independently or in partnership with a subject matter expert. _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 – **Help our internal line-of-business clients meet their business goals by providing better service and value. Focus on each client experience and mak
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