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Procurement Analyst Co-op

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CIBC

2mo ago

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Logistics
    Engineering
  • Toronto

Requirements

  • Qualifications:
  • Bachelor’s degree in management, engineering, or related field; master’s preferred
  • Experience in Microsoft Excel (pivot tables, v-look-up, etc.)
  • Expertise in Alteryx, Python, PowerBI and Tableau will be an asset
  • 1-2 years’ previous experience in supplier relationship management, financial services, or procurement related field (nice to have)
  • Important Information:
  • 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.
  • How You’ll Succeed:
  • Procurement Expertise (Nice to have) - You understand the organization’s procurement process, contract management and can assist in financial analysis/business case development. Identify ways to improve the operational relationship with a supplier. Develops and drives KPIs & business scorecards for enterprise-wide reporting. Develops working knowledge of the third party risk management process and requirements across the key risk categories.
  • Analysis - You'll perform both ongoing as well as ad-hoc analyses; provide analytical support to business lines' strategic projects and initiatives; identify ad-hoc analytical opportunities driven by insights derived from performing ongoing operational responsibilities, including assessing risk, contract and spend data for Procurement.
  • Consultation – You are able to understand business requirements and translates needs to technical solutions. Collaborates and communicates with procurement stakeholders using reports and presentation.
  • 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.

Responsibilities

  • A key purpose of the role is to perform in-depth financial/procurement analysis, data analysis, and effectively collaborating & communicating with procurement stakeholders and senior leaders of CIBC. The role will require the candidate to seek to improve existing processes and work collaboratively with various lines of business (LOB), procurement experts, operations and process engineering.
  • 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.

CIBC

Ambitions Made Real

Finance
Industry
10,001+
Employees
1961
Founded Year

Mission & Purpose

The Canadian Imperial Bank of Commerce (CIBC) is a major financial institution that provides a wide range of banking and financial services. CIBC's ultimate mission is to be a leading, innovative financial institution that helps clients achieve their financial goals. The bank's purpose is rooted in delivering trusted advice and exceptional service to individuals, businesses, and communities. CIBC is committed to fostering economic growth, supporting financial well-being, and contributing to the overall prosperity of its clients and the regions it serves. With a focus on integrity and customer satisfaction, CIBC plays a vital role in the Canadian and international financial landscape, offering solutions that span banking, wealth management, and capital markets to meet the diverse needs of its stakeholders.

Benefits

  • Financial health

    Rewards and resources to support your short and long-term financial goals. At a glance: 50% employee share matching plan, Employee Banking Offer including free banking services, credit cards and more, Defined Benefit Pension Plan that provides you with a secure retirement for life

  • Mental health

    Resources to support your mental health and increase your resiliency. At a glance: Mental health therapy covered at 100% and $5,000 per person per year, Online and in-person counselling, Shareable mental health video library, Mindfulness education and practice tools