Procurement Consultant
CIBC based in Toronto, ON is inviting applications from suitable candidates for the position of Procurement Consultant. CIBC stands as a prominent Canadian financial institution, holding a robust position in the market. It provides an extensive range of financial products, mortgages, and investment solutions. The company takes pride in its customer-centric approach and inventive banking solutions, leveraging cutting-edge technology to elevate user experiences. CIBC continues to be a reliable partner for individuals and businesses, fostering financial success and facilitating growth. The candidates selected for the vacancy will be required to start the work as soon as possible.
Job Description:
Employer Name: CIBC
Position: Procurement Consultant
No of Vacancies: 1
Salary: Salary is not mentioned, $15.00-$20.00 hourly estimated salary
Employment Type: Regular
Location: Toronto, ON, CA
Job Location: 81 Bay St., Toronto, ON M5J 0E7, Canada
Schedule: Full time
Weekly Hours: 37.5
Requisition ID/Job ID: 2400849
Requirements:
Languages: Candidates must have knowledge of the English Language
Education: Candidates need standard educational qualifications such as a Secondary (high) school graduation certificate or equivalent experience
Experience: Candidates should have considerable experience in the relevant field
Other Requirements:
- The candidates should be able to demonstrate experience in capturing business requirements from various internal stakeholders and translating them into clear and concise supplier requirements
- The candidates should have experience in managing internal and external clients, along with the ability to manage projects and lead multiple sourcing initiatives concurrently
- The candidates should be capable of effectively managing multiple stakeholders simultaneously
- The candidates should have a passion for continuous learning and a strong desire to grow their knowledge, understanding that there is no limit to what they can achieve
- The candidates should understand that success lies in the details, possessing critical thinking skills that inform their decision-making
- The candidates should be adept at giving meaning to data, enjoying the investigation of complex problems and making sense of information. They should be confident in their ability to communicate detailed information in an impactful way
- The candidates should be driven by collective success, recognizing that collaboration can transform a good idea into a great one. They should understand the power of being part of an inclusive team that enjoys working together to bring a shared vision to life
- The candidates should bring their real selves to work and live the organization’s values – trust, teamwork, and accountability
- The candidates should have expertise in contract management, sourcing, and procurement
- The candidates should demonstrate a strong understanding of the principles and practices involved in contract management
- The candidates should possess the ability to effectively source and procure goods and services
- The candidates should have experience in negotiating and managing contracts with suppliers is essential
- The candidates should be familiar with various procurement processes and methodologies
- The candidates should possess knowledge of legal aspects related to contracts and procurement would be an asset
- The candidates should possess strong analytical and problem-solving skills in the context of contract management, sourcing, and procurement are required
- The candidates should be detail-oriented with a focus on accuracy in contract-related tasks
- The candidates should have effective communication skills are crucial for collaborating with internal and external stakeholders in the procurement process
- The candidates should have proven experience in optimizing procurement strategies to achieve cost savings and efficiency is desirable
- The candidates should be well-versed in industry best practices for contract management, sourcing, and procurement
Responsibilities:
- The candidates should be able to provide professional high-quality support to CIBC business owners and the extended proposal development teams that could include representatives across the organization. They will liaise and interact with internal stakeholders and suppliers as part of the daily management of their portfolio
- The candidates should be able to interact on a regular basis with roles in the line of business up to the Senior Management level, for purposes of fulfilling those clients sourcing and contracting needs with suppliers. They will work closely with suppliers when implementing a sourcing strategy and work towards finalizing a sourcing deal with the supplier under a contract
- The candidates should be able to lead negotiation strategy alignment and contract negotiations, as well as secure authorizations for agreement execution
- The candidates should be able to ensure that business stakeholders and their partners in Procurement are equipped with accurate and timely information to make informed decisions
- The candidates should be able to manage and execute on end-to-end sourcing opportunities, as required, to drive cost savings and process efficiencies; and demonstrate strong contract negotiation experience
- The candidates should be able to execute and implement sourcing initiatives within the relevant expenditure categories. This role is within the Canadian Wealth, Commercial Banking & Infrastructure Procurement Team, and will focus on a broad range of spend categories
Benefits:
- The candidate will have access to banking benefits
- The candidate will be part of a benefits program
- The candidate will be enrolled in a defined benefit pension plan
- The candidate will have the opportunity to participate in an employee share purchase plan
- The candidate will receive a vacation offering
- The candidate will have access to wellbeing support
- The candidate will benefit from MomentMakers, our social, points-based recognition program
How to apply:
If the position is fit for you and the basic requirements are fulfilled then you can now apply directly to the employer (along with your resume) through the below-mentioned details.
We thank all the applicants for showing their interest and trust in us, however, only the most eligible candidates will be selected and conducted for further procedure directly from employers, in between no charges/fees or original documents will be asked from any applicant. All the best!