Procurement Associate Co-op - CIBC, Toronto

The opportunity

CIBC is building a relationship-oriented bank for the modern world and needs talented, passionate professionals who are dedicated to doing what is right for clients. As a Procurement Associate Co-op Student for Winter 2027, you will embrace your strengths and ambitions while gaining insight into CIBC's third-party supplier risk management process.

Details regarding your work arrangement, including the proportion of on-site and remote work, will be discussed during your interview. This is an 8-month opportunity based in Toronto with 37.5 weekly hours.

Who we're looking for

You must be currently enrolled in post-secondary education and returning to full-time studies, though you do not need to be in a registered Co-op program. You need to be legally eligible to work at the specified location and possess a valid work or study permit where applicable.

You embody the following qualities and values:

• Passionate about people, finding meaning in relationships, and building trust through respect and authenticity
• Put clients first by engaging with purpose to find the right solutions
• Embrace and champion change to continuously evolve your thinking and work
• Live your values by bringing high standards and genuine care to relationships
• Curious learners who want to grow their knowledge and know there is no limit to what they can achieve
• Detail oriented with strong critical thinking skills that inform decision-making

Key duties

In this administration role, you will handle various responsibilities supporting the procurement team and internal business units:

• Assist with communication with suppliers and assemble CIBC supplier contracts
• Learn how to balance risks and requirements while gaining insight into third-party supplier risk management processes
• Assemble lower-risk contracts using CIBC models and templates
• Create analytics and reporting
• Ask questions and engage with suppliers and colleagues from internal business units
• Draft clear contracts and understand the impact of contract language
• Respond to assigned requests, providing professional customer service for your portfolio to ensure deal delivery and risk mitigation
• Liaise and interact with internal business partners, internal risk stakeholders, and the Procurement team

Benefits

CIBC strives to create opportunities to tap into your potential and recognizes your contributions in personalized ways, offering:

• Competitive compensation
• A banking benefit
• Wellbeing support
• Employee and family assistance programs
• MomentMakers, a social, points-based recognition program