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Procurement Associate Coop

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CIBC

2mo ago

Applications are closed

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

Requirements

  • 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 are a problem-solver. You enjoy being presented with problems or issues and working with a team to find innovative solutions
  • You are a Developer. You are familiar with programming languages and enjoy improving the user experience
  • You are passionate about Process Improvement. You enjoy the process of evaluating current processes and identifying improvements that will optimize or improve standards
  • You are great at time management. Your time management skills are strong and you are able to prioritize competing priorities to ensure successful outcomes
  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability

Responsibilities

  • 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.

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