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 Category Manager, Procurement, you’ll work within the Corporate & PBB Sourcing team, and will focus primarily on indirect spend categories to support the Real Estate, Communications, Marketing, Finance and HR clients. You will manage end to end procurement and contracting activities of varied spend portfolios and will be responsible for procurement initiatives including identifying areas of opportunity through analyses of industries and supply markets; analyzing cost models for certain key products and services; and manage the performance of key suppliers. Limited guidance and oversight is required to be able to perform this job. You will also develop and present procurement strategy recommendations as part of advisory service to clients based on their business requirements and industry analysis as well as define and resolve problems/issues in a creative or innovative way when clients' needs / requests / projects are presented in a general or ambiguous manner. You develop, negotiate, execute and implement moderate to high complexity procurement initiatives (including developing requests for proposals and other selection and supplier evaluation tools), while ensuring that CIBC risks are mitigated, and regulatory requirements and CIBC policies are adhered to. Participate in the enhancement or recommendation of changes to the operating practices and processes within Procurement to improve requirements planning, procurement and supplier management processes. Execute and implement moderate to high complexity procurement initiatives within the relevant expenditure categories.

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 – Help clients meet their business goals by providing better service and value. Focus on each client experience and make every interaction meaningful.

• Relationship Management – Establish and maintain healthy working relationships with business partners, suppliers, and peers. Develops trusted advisor relationships and provide leadership and valued consulting advice to facilitate the effective management and completion of procurement initiatives. Align procurement solutions with their business objectives

• Risk Management - Ensure the appropriate Governance is followed and adhered to for all contract and work with Supplier Risk Stakeholders, Relationship Managers and Business Lead to ensure CIBC’s supplier management framework is implemented for medium to high risk or high spend supplier under the scope of responsibility. Develop contract content independently or in partnership with a legal resource.

• Influencing and Negotiations – Be a strong influencer and negotiator with the ability to liaise with all levels of stakeholders. Manage contract drafting, negotiations and finalization, approval processes. Comply with CIBC’s Procurement and Supplier Governance policies and process. You Lead the negotiation strategy alignment and contract negotiations, as well as secure authorizations for agreement execution and Discuss and negotiate complex issues and requirements with senior management.

• Problem Solving - Listen, ask questions, and put yourself in the client’s shoes. Act like an owner by taking accountability for client issues, and know when to collaborate with others to build a better solution together.

• Manage Multiple Priorities - Use effective self-management practices to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.

• Industry Knowledge : Keep abreast of the industry knowledge, innovations and advancements in business practices and technologies

• Leadership and Stakeholder Management : You have strong leadership and stakeholder management skills with the experience and ability to influence up, down and across the organization and be comfortable to present and interface with C-level executives. As a part of the role, you’ll partner with business client executives, directors, resources from the lines of business, legal, risk management, regulatory agencies, competitors, and supplier organizations to provide specialized procurement expertise for moderate to high complexity deals with major CIBC client and organizational impact; meet business objectives in a high profile, strategic, rapidly evolving and competitive environment.

Who You Are

• You can demonstrate experience in procurement and/or supplier processes (5 years), practices, tools and templates and principles of formal sourcing processes, and ability to apply to various categories / circumstances. You have the experience in drafting various contract schedules (e.g., Scope of Work, SLA, etc.) and negotiate contractual terms and conditions and can maximize efficiencies, processes and systems across Corporate Services to meet CIBC business goals. You have the experience to develop strategy and convert it into an implementation plan to meet procurement objectives and have strong self-planning skills sufficient to plan own assignments according to general work plans; ability to multi-task, plan and meet timelines and understand that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life and possess strong written and oral communication, influencing and negotiating skills sufficient to shape decision-making process on matters such as complex contract negotiations.

• Values matter to you . You bring your real self to work and you live our values – trust, teamwork and accountability.

• You put our clients first . You engage with purpose and the required level of urgency to find the right solutions. You go the extra mile, because it’s the right thing to do.

• You understand that success is in the details . You notice things that others don't. Your critical thinking skills help to inform your decision making.

• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

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-carrieres@cibc.com

• 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 tests (such as simulation, coding, French proficiency, MS Office). 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.

Expected End Date

2026-01-31

Job Location

Toronto-81 Bay, 14th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Business, Contract Negotiations, Contracts, Procurement, Risk Management, Sourcing and Procurement, Vendor Contracts, Vendor Relationships

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.