Procurement Associate Co-op (Winter 2027)

CIBC; Toronto; On-site; CAD 38,000 - 48,000; Full time

Benefits offered by this job

Competitive compensation

Banking benefit

Wellbeing support

Employee and family assistance program

MomentMakers program

Job summary

CIBC in Toronto is seeking a Procurement Associate Co-op Student to assist with supplier communication, contract assembly using CIBC templates, and data reporting. You will engage with internal partners and suppliers while learning third-party risk management.

This is a temporary on-site role with a focus on accuracy and stakeholder collaboration. In this position you will refine your drafting skills, support deal delivery, and contribute to risk mitigation in a dynamic banking environment while

Qualifications

• Drafting contracts with clear language.
• Relationship building with internal partners and suppliers.
• Collaborating to learn and grow in procurement.
• Attention to detail to mitigate risk.

Responsibilities

• Drafting contracts and ensuring clarity in language used.
• Managing relationships with internal business partners and suppliers.
• Collaborating across teams to support procurement processes and risk management.
• Maintaining attention to detail to ensure accuracy and compliance.

Skills

Communication

Decision Making

Education

Post-secondary education enrollment

Job description

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

What you’ll be doing

As a Procurement Associate Co‑op Student, you will be responsible for assisting with communication with suppliers and assembling CIBC’s supplier contracts. You will learn how to balance risks and requirements while gaining insight into CIBC’s third‑party supplier risk management process. You will be trained to assemble lower‑risk contracts using CIBC’s models and templates. You will also be asked to create analytics and reporting. You’ll be asking questions and engaging with suppliers and colleagues from CIBC’s internal business units. Attention to detail is key, as is the ability to see situations from others’ perspectives. At CIBC we enable the work environment most optimal for you to thrive in your role. Details regarding your work arrangement (proportion of on‑site and remote work) will be discussed during your interview.

Important information

We may ask you to complete an attribute‑based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal during the application process is to get to know more about you, all that you have to offer, and to give you the opportunity to learn more about us. You must be currently enrolled in post‑secondary education and returning to full‑time studies to be eligible. However, you do not need to be in a registered Co‑op program to be considered for this role.

How you’ll succeed

• Drafting Contracts - You write in a simple and clear manner.
• Relationship Building - You will respond to assigned requests, providing professional, high‑quality customer service for your 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 - You love to learn. You're passionate about growing your knowledge, and you know 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 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. You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

What CIBC Offers

• competitive compensation
• a banking benefit*
• wellbeing support
• additional offers such as employee and family assistance programs
• MomentMakers, our social, points‑based recognition program
• *Subject to 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 [e-mail] CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re 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

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Communication, Decision Making