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CIBC

Senior Analyst, Procurement

Reposted 2 Days Ago
Be an Early Applicant
In-Office
Toronto, ON, CAN
Mid level
In-Office
Toronto, ON, CAN
Mid level
Support procurement programs by managing supplier governance, analyzing financial data, coordinating projects, and engaging stakeholders to enhance business effectiveness.
The summary above was generated by AI

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 a member of the Procurement team, you will support programs managed by Vendor Relationship Management and the Enterprise Travel portfolio, with a focus on spend categories related to third-party engagements. In the role of Sr. Analyst, Procurement, you will collaborate with internal and external stakeholders to provide support for global programs. This role requires a motivated and detail-oriented Analyst/Coordinator to support Vendor Relationship Management (VRM) and the Enterprise Travel portfolio. You will help ensure strong supplier governance, compliance, and operational support for a range of critical vendors and programs. This role is ideal for candidates with strong analytical and coordination skills who are passionate, stakeholder engagement, and supporting business effectiveness.

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

  • Vendor & Supplier Governance - Support the implementation and ongoing management of supplier governance initiatives withing the travel and vendor management programs, including audit readiness, compliance tracking, and risk management for key enterprise vendors (e.g., Travel, Mailroom, Print, Office Supplies, Corporate Events). Maintain supplier profiles, contract records, and documentation to ensure audit and regulatory requirements are met. Track and collect audit artifacts, monitor SLAs/KPIs, and escalate performance issues as needed. Act as a secondary point of ownership to for the vendor relationship manager and the global travel manager, providing continuity and coverage as needed 
  • Financial & Data Analysis - Validate, analyze and reconcile, and summarize supplier invoices resolving discrepancies and preparing reports for management approval. Track cost benefits, and financial leakage; support with planning and budgets. Prepare reports, including spend analysis and program performance.
  • Project Coordination & Process Improvement - Coordinate timelines, communications, and documentation for sourcing initiatives and operational projects. Assist in developing and maintaining standard operating procedures (SOPs) and process improvements. Create and maintain structured process documentation and job aides.
  • 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
  • Stakeholder Engagement & Communication - Liaise with internal business partners, risk stakeholders, and suppliers at all levels to support business objectives. Manage the VRM mailbox, triage requests, track orders, and coordinate responses to inquiries and escalations. Schedule and support meetings, take minutes, and ensure timely follow-up on action items. Partner with stakeholders to understand reporting needs, troubleshoot issues, and provide analytical insights and recommendations.
  • Travel Portfolio Support - Assist with procurement activities for the global travel category, including travel policy compliance, vendor management, and reporting. Support administration of travel related vendor contracts, including invoice validation and reconciliation. Provide training/support for self-serve travel tools.

Who you are

  • You bring 2-3 years of experience in vendor management, travel management, or a similar analytical/project coordination role. You have strong self-planning skills sufficient to plan own assignments according to general work plans; ability to multi-task, plan and meet timelines. You have strong written and oral communication, influencing and negotiating skills sufficient to shape decision-making process on matters such as complex contract negotiations. It is also an asset to have an undergraduate degree in business, logistics or a related field.
  • You can demonstrate hands-on experience with advanced Microsoft Excel (such as utilizing VLOOKUP, Pivot Tables) and are proficient with other Microsoft Office tools; familiarity with expense tools or procurement tools systems is an asset. You are technically savvy, with a high degree of computer literacy. Experience with process automation and SharePoint is an asset. You excel at making sense of data, solving complex problems, and presenting detailed information in a clear and impactful way.
  • You are a strong communicator, able to clearly articulate ideas, findings, and recommendations both verbally and in writing.
  • You have a keen eye for detail. Your critical thinking skills and ability to notice what others might miss help you make informed decisions. You love to learn and are passionate about growing your knowledge and applying it to bring efficiency and innovation to your work.
  • You’re motivated by collective success, thrive in a collaborative environment, and are able to build consensus across teams and stakeholders. You're driven to succeed and motivated by accomplishing your goals and delivering your best to make an impact.
  • 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

Analytical Thinking, Benchmarking, Business Effectiveness, Client Service, Customer Experience (CX), Digital Banking, Risk Management and Mitigation, Teamwork

Top Skills

Excel
MS Office
Sharepoint
HQ

CIBC Toronto, Ontario, CAN Office

Square, 81 & 141 Bay, Toronto, Ontario, Canada

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