Senior Analyst, Procurement

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profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 17 hours ago
Vacancies: 1 Vacancy

Job Summary

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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

What youll 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 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. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 1-3 days per week on-site while other days will be remote.

How youll 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 andprovideanalytical 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 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.
  • Youre motivated by collective success thrive in a collaborative environment and are able to build consensus across teams and stakeholders. Youre 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 valuestrust 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

  • CIBC is committed to clarity in our hiring process. All roles posted are opportunities were 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

Required Experience:

Senior IC

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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 meaningf...
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