Sr. Manager, Vendor Governance & Contract Management

CIBC; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

CIBC is seeking a Sr. Manager for Vendor Governance & Contract Management in Toronto. The role spans pre- and post-contract governance, driving standardized contracting, risk management and performance oversight across the technology vendor portfolio.

You will liaise with business lines, vendors, and internal partners, ensuring compliance with CIBC standards and optimizing costs. Leadership, collaboration and cross-functional communication are essential in this senior role.

Qualifications

• 3+ years of experience in vendor governance, contract management, third-party risk, procurement, or a related field.
• Degree in a related field, Bachelor’s or equivalent.

Responsibilities

• Oversee pre-contract activities with line of business, vendors and internal partners to standardize contracting processes and governance.
• Oversee post-contract governance, including tracking performance, service delivery, contractual obligations and risk issues.
• Coordinate with Third Party Governance Office, Procurement, and Legal to align contracts with CIBC standards.
• Deliver reporting and presentations to leadership on pipeline activity, governance, risks and opportunities for cost savings and improvements.

Skills

Change Management

Client Service

Coaching

Collaboration

Communication

Contract Agreements

Contract Governance

Contract Management

Cost Savings

Enterprise Service Delivery

External Stakeholders

Identifying Opportunities

Implementation Planning

IT Operations Support

Leadership

Operational Efficiency

Procurement

Service Standards

Team Management

Teamwork

Technical Knowledge

Third Party Risk Management

Vendor Management

Vendor Oversight

Education

Bachelor’s degree

Job description

Sr. Manager, Vendor Governance & Contract Management# CIBC Careers — Current Opportunities## Sr. Manager, Vendor Governance & Contract ManagementApply: Toronto, ON: Full time: Posted Today: End Date: November 20, 2026 (15 days left to apply): 2620852We’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**The Senior Manager, Vendor Governance and Contract Management will oversee both pre-contract and post-contract activities across CIBC’s Technology vendor portfolio. In the pre-contract space, the role will act as the primary liaison between the line of business, vendors, and internal partners, ensuring a standardized contracting process is followed and all required governance activities are completed. This includes engaging the Third Party Governance Office, coordinating with control groups to support timely closure of risk assessments, and collaborating with Procurement and Legal to ensure contracts are prepared for execution in alignment with CIBC standards and requirements. In the post-contract space, the role will establish and maintain a robust governance framework for executed agreements, including coordinating joint operational committee meetings with stakeholders and vendors to monitor performance, service delivery, contractual obligations, and risk issues. The position will ensure third-party governance requirements are maintained, records and supporting artifacts are properly managed and archived, and the portfolio remains audit ready through disciplined documentation and evidence management practices.The role will also deliver reporting and presentations to leadership across both the pre-contract and post-contract lifecycle, providing visibility into pipeline activity, contract governance, risks, compliance status, and opportunities for operational improvement, innovation, and sustainable cost savings. *At CIBC we enable the work environment most optimal for you to thrive in your role. 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*** **Strategic Leadership & Vision –**Effectively manage contracts within Enterprise Technology to ensure the required contractual commitments are in place accordingly to CIBC’s standards and policies.* **Influential and Impactful –**Ability to build and maintain positive working relationships with internal and external stakeholders* **Well-versed and Knowledgeable –**Utilize your extensive experience to deliver sustainable cost savings and identify opportunities for improvement in process/procedures **Who You Are*** **You can demonstrate 3+ years of experience** in vendor governance, contract management, third-party risk, procurement, or a related field, with experience managing contractual documents and cross-functional stakeholder relationships* **You are a bold and authentic leader.**You're passionate about your work and consistently able to bring closure to high, medium and low priority activities in a timely manner.* **You give meaning to teamwork.**You enjoy working with people and confident in your ability to communicate detailed information in an impactful way.* **You have a degree in**a related field**,**Bachelors or equivalent* **You are a bold and authentic leader.** You're passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.* **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#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 [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**81 Bay Street, Banking Centre**Employment Type**Regular**Weekly Hours**37.5**Skills**Change Management, Client Service, Coaching, Collaboration, Communication, Contract Agreements, Contract Governance, Contract Management, Cost Savings, Enterprise Service Delivery, External Stakeholders, Identifying Opportunities, Implementation Planning, IT Operations Support, Leadership, Operational Efficiency, Procurement, Service Standards, Team Management, Teamwork, Technical Knowledge, Third Party Risk Management, Vendor Management, Vendor Oversight