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 Procurement Associate Co-op Student you will be responsible for assisting with the communicating with suppliers and assembling CIBC’s supplier contracts. You will learn how to balance risks and requirements while learning about CIBC’s third party supplier risk management process. You will be trained in how to assemble lower-risk contracts using CIBC’s model and templates. You will also be asked to create some analytics and reporting. You’ll be asking questions and talking with suppliers and people from CIBC’s internal business units. Attention to detail is key and so is the ability to see the situation from other’s perspectives.

We are looking for someone who is interested in contracts and learning about managing risk. You could be looking toward a future in law or in business management.

Also, you will become a member of our coveted Solutions Lab where you will work as a team to bring new perspectives to existing CIBC problems and help to suggest and implement solutions that will directly help CIBC’s Procurement team.

Important Information:

• 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.

• You must be currently enrolled in post-secondary education to be eligible. However, you do not need to be in a registered Co-Op program to be considered for this role. 

• You are currently pursuing a degree in a related field. 

• Please include your resume (no more than 2 pages), a cover letter (no more than 1 page), and your most recent unofficial transcript with your application.  These should all be uploaded into the Resume section of your application. 

• Work Location: 81 Bay Street, Toronto. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

• Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How You’ll Succeed

• Drafting contracts – You like to write in a simple and clear manner. You are interested in contracts and want to learn more about understanding the impact of contract language.

• Relationship Building - Required to respond to assigned requests, providing professional high quality customer service for the assigned portfolio to ensure deal delivery and risk mitigation. You will liaise and interact with internal business partners, internal risk stakeholders and the Procurement team as part of the daily management of your portfolio.

• Collaboration and deep dive - You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

• Detail-Oriented - 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.

Who You Are

• You're passionate about people . You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.

• You put our clients first . You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.

• You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

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

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.

• 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.

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

2025-05-09

Job Location

Toronto-81 Bay, 14th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Business Collaboration, Contract Writing, Detail-Oriented, Relationship Building, Team Collaboration

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.