London, GBR
9 days ago
Sr. Consultant, Procurement
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 the **Sr. Consultant in Procurement** , you will manage end-to-end procurement activities within the International Sourcing Team, with a particular focus on supporting CIBC's **Capital Markets business across the UK, Europe, and Asia** . You will play a key role in addressing client needs, requests, and projects, even when presented in a general or ambiguous manner, by defining issues and resolving them in innovative ways. In this role, you will: + Develop and present **procurement strategy recommendations** as part of advisory services to clients, tailored to their business requirements and informed by industry analysis. + Lead and execute **moderate to high complexity procurement initiatives** , including developing requests for proposals (RFPs) and other supplier evaluation tools, while ensuring that **CIBC risks are mitigated** and all **regulatory requirements and CIBC policies** are adhered to. + Provide specialized support for procurement activities related to **Capital Markets operations in the UK, Europe, and Asia** , ensuring alignment with regional business needs and regulatory frameworks. + Develop contract content independently or in collaboration with legal resources, and lead **negotiation strategy alignment and contract negotiations** to secure agreements. + Secure necessary authorizations for agreement execution and ensure successful implementation of procurement initiatives. This role requires a strong ability to navigate complex procurement scenarios, deliver innovative solutions, and ensure that CIBC's global operations are supported effectively, particularly within the dynamic and highly regulated Capital Markets environment in the UK, Europe, and Asia. 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** + **Client Engagement & Relationship Management** – Help clients meet their business goals by providing better service and value. Focus on each client experience and make every interactionmeaningful.Establishandmaintainhealthyworkingrelationshipswithbusiness partners, suppliers, and peers. Develops trusted adviser relationships and provide leadership and valued consulting advice to facilitate the effective management and completion of procurement initiatives. Align procurement solutions with their business objectives. This role works with Supplier Risk Stakeholders, Relationship Managers and Business Lead to ensure CIBC’s supplier management framework is implemented for medium to high risk or high spend supplier under the scope of responsibility. + **Risk** **Management** **&** **Industry** **Knowledge** -EnsuretheappropriateGovernanceisfollowed andadheredtoforallcontracts.Keepabreastoftheindustryknowledge,innovationsand advancements in business practices and technologies. + **Influencing** **and** **Negotiations** –Beastronginfluencerandnegotiatorwiththeabilitytoliaise with all levels of stakeholders. Manage contract drafting, negotiations and finalization, approval processes. Comply with CIBC’s Procurement and Supplier Governance policies and process. + **Problem** **Solving** -Listen,askquestions,andputyourselfintheclient’sshoes.Actlikean ownerbytakingaccountabilityforclientissues,andknowwhentocollaboratewithothers to build a better solution together. + **Manage** **Multiple** **Priorities** -Useeffectiveself-managementpracticestomanagemultiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation. **Who** **You** **Are** + You can demonstrate experience of a **minimum of 5 years of experience in procurement** and/orsupplierprocesses,practices,toolsandtemplatesandprinciplesofformalsourcing processes, and ability to apply to various categories / circumstances. You maximizeefficiencies, processes and systems across Corporate Services to meet CIBC business goals.Youhavestrongself-planningskillssufficienttoplanownassignmentsaccordingto general work plans; ability to multi-task, plan and meet timelines. You have experience drafting various contract schedules (e.g., Scope of Work, SLA, etc.) and have negotiated contractual terms and conditions. You also have experience developing strategy and convertingitintoanimplementationplantomeetprocurementobjectives.Youhavestrong written and oral communication, influencing and negotiating skills sufficient to shape decision-making process on matters such as complex contract negotiations. + You'repassionateaboutpeople.Youfindmeaninginrelationships,andsurroundyourself with a diverse network of partners. You build trust through respect and authenticity + Youputourclientsfirst.Youengagewithpurposeandtherequiredlevelofurgencytofind the right solutions. You go the extra mile, becauseit’s the right thing to do. + Yourinfluencemakesanimpact.Youknowthatrelationshipsandnetworksareessentialto success. You inspire outcomes by making yourself heard. + Youunderstandthatsuccessisinthedetails.Younoticethingsthatothersdon't.Your critical thinking skills help to inform your decision making. + Valuesmattertoyou.Youbringyourrealselftoworkandyouliveourvalues-trust, teamwork, and accountability. **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 provideanaccessiblecandidateexperience.Ifyouneedaccommodation,pleasecontact M ailbox.careers-carrieres@cibc.com + Youneedtobelegallyeligibletoworkatthelocation(s)specifiedaboveand,where applicable, must have a valid work or study permit + Wemayaskyoutocompleteanattribute-basedassessmentandotherskillstests(suchas 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. **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 **Job Location** 150 Cheapside, London, UK **Employment Type** Regular **Weekly Hours** 35 **Skills** Accountability, Accountability, Budgeting, Business, Business Leads, Business Needs, Business Objectives, Business Practices, Business Requirements, Capital Markets, Collaboration, Complex Procurement, Contract Negotiations, Critical Thinking, Decision Making, End to End Procurement, Facilitation, Facilities Planning, Industry Analysis, Management Practices, Negotiation, Office Space Planning, Organizational Processes, People Management, Planning Ability {+ 22 more} 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.
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