Sr. Consultant, Procurement
Job in
Toronto, Ontario, M5A, Canada
Listing for:
CIBC
Full Time
position
Listed on 2026-06-04
Job specializations:
-
IT/Tech
Business Systems/ Tech Analyst
-
Business
Business Systems/ Tech Analyst
Job Description & How to Apply Below
Nous bâtissons une banque axée sur les relations pour un monde moderne. Nous recrutons des professionnels talentueux et passionnés qui ont à cœur de faire ce qu’il faut pour nos clients.
À la Banque CIBC, nous misons sur vos forces et vos ambitions pour vous donner le pouvoir d’agir. Les membres de notre équipe disposent de ce dont ils ont besoin pour apporter une contribution significative et être valorisés, à la fois pour ce qu’ils sont et ce qu’ils font.
Pour en savoir plus sur la Banque CIBC, visitez le site .
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.
How you'll succeed
Client Engagement & Relationship Management – Support clients in achieving their business goals by providing exceptional service and value. Build meaningful relationships with business partners, suppliers, and peers, acting as a trusted adviser and delivering valued consulting advice to facilitate effective procurement management. Align procurement solutions with business objectives and implement CIBC’s supplier management framework for medium to high risk or high spend suppliers.Risk Management & Industry Knowledge – Ensure all contracts adhere to appropriate governance. Maintain a foundational understanding of Capital Markets, market data, and industry trends. Stay current with innovations and advancements in market data business practices, technologies, and vendor landscape.Influencing and Negotiations – Demonstrate strong influencing and negotiation skills, liaising with all levels of stakeholders. Manage contract drafting, negotiations, finalization, and approval processes while complying with CIBC’s Procurement and Supplier Governance policies.Problem Solving – Listen actively, ask insightful questions, and approach challenges from the client’s perspective. Take accountability for client issues and collaborate with others to develop effective solutions.Manage Multiple Priorities – Apply effective self-management practices to handle multiple concurrent objectives, projects, and activities. Make informed judgments about prioritization and time allocation.Who you are
You have extensive procurement experience. You bring at least 5 years of experience in procurement and supplier processes, practices, tools, and principles of formal sourcing. You apply these skills across various categories and circumstances, maximizing efficiencies and systems to meet CIBC business goals. You have strong self-planning skills, experience drafting contract schedules (such as Scope of Work and SLAs), and have negotiated contractual terms and conditions.
You’re skilled at developing strategy and converting it into actionable plans.You have industry knowledge. Experience in procurement within the financial industry or exposure to market data, Capital Markets, and related trends is a strong asset. At minimum, you possess a foundational understanding of Capital Markets and the importance of…
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