Director, Procurement Governance and Controls

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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

What youll be doing

As Director Procurement Operations Governance and Control youll be at the forefront of protecting and enabling CIBC by strengthening governance controls operational discipline and regulatory readiness across all procurement activities. Youll lead a dedicated team that ensures procurement processes are well governed consistently executed risk-aware and aligned with internal policies control standards and regulatory expectations. Your role blends operational governance compliance risk management training stakeholder engagement regulatory liaison dispute resolution and continuous improvement. Youll collaborate with diverse internal partnersincluding Legal Compliance Risk Finance Technology and business stakeholdersto drive operational excellence and support CIBCs strategic objectives. By fostering a culture of accountability collaboration and proactive risk management youll help shape the future of procurement operations at CIBC.

At CIBC we enable the work environment most optimal for you to thrive in your role youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 1-3 days per week on-site while other days will be remote.

How youll succeed

• Governance Controls & Risk Management Lead the design execution and ongoing enhancement of procurement governance and control frameworks. Identify and mitigate compliance and operational risks ensuring processes align with enterprise standards and regulatory requirements including supporting TPM360 and building out a Data Management framework.
• Monitoring Auditing & Regulatory Support Oversee audits and monitoring routines coordinate procurement-related evidence documentation and responses for audits reviews and regulatory requests and maintain ongoing compliance with changing regulations.
• Reporting Documentation & Continuous Improvement Develop and maintain procurement policies procedures dashboards and management reporting. Drive continuous improvement initiatives by leveraging data automation and standardization to enhance quality speed compliance and stakeholder experience.
• Training Stakeholder Engagement & Dispute Resolution Train staff on compliance requirements and best practices partner with internal stakeholders to ensure effective controls and timely reporting and investigate and resolve compliance-related disputes or issues.
• People Leadership - Manage coach and develop a team of procurement operations professionals responsible for governance controls reporting regulatory support Business Managed Technology ESG/Third Party controls Records Management Procurement Market Research requests and managing Procurement Policy renewal Methodology and Supplier Code of Conduct. Set clear priorities performance expectations service standards and development plans that align with procurement strategy and enterprise risk objectives. Foster a culture of accountability collaboration continuous improvement and proactive risk management while allocating resources effectively monitoring team capacity and ensuring timely delivery of key governance and operational control deliverables.

Who you are

• Youre a strategic leader. You bring proven experience in procurement operations governance compliance and risk management ideally within a large complex organization.
• You have strong regulatory and compliance expertise. You understand procurement regulations industry standards and best practices and can navigate complex compliance requirements.
• Youre a collaborator and influencer. You build strong relationships with internal stakeholders and external regulatory bodies and drive consensus across diverse teams.
• Youre analytical and detail-oriented. You excel at identifying risks analyzing processes developing practical solutions and monitoring outcomes.
• Youre a people leader. You have experience managing and developing high-performing teams fostering a culture of accountability and continuous improvement.
• Values matter to you. You bring your real self to work and you live our values - trust teamwork and accountability.

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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

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities were 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

Regular

Weekly Hours

37.5

Skills

Corporate Services Management Reporting Procurement Services Reporting and Analysis Strategic Objectives Vendor Management Vendor Relationships Work Collaboratively

Required Experience:

Director

Experience: years
Vacancy: 1