Procurement Analyst (8 Month) - Winter 2027 Co-op at CIBC · Toronto

Procurement Analyst (8 Month) - Winter 2027 Co-op

Location: Toronto, ON

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

Our Procurement team helps CIBC make thoughtful, data-informed decisions that create value across the organization. As a Procurement Analyst, you'll support in-depth financial, procurement, and data analysis while working closely with procurement partners, senior leaders, and teams across our lines of business. You'll help identify opportunities to improve existing processes and contribute to initiatives with procurement subject matter experts, operations, and process engineering teams. You'll also join our Solutions Lab, where you'll collaborate with teammates to bring fresh perspectives to business challenges and help recommend and implement solutions that support CIBC's Procurement function. This is a strong opportunity to build your analytical, communication, and problem-solving skills in a collaborative and fast-paced environment.

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

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 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.

• 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 a role.

• Please include your resume (no more than 2 pages), a cover letter (no more than 1 page), and your most recent unofficial transcript with your application. These should all be uploaded into the resume section of the application as one pdf document.

• Duration of term: 8 months (January – August 2027)

How you'll succeed

• Analysis and insights - Perform ongoing and ad hoc analysis to support strategic projects and initiatives across Procurement. Review contract, spend, and risk-related data to identify insights, opportunities, and areas for improvement.
• Procurement support - Contribute to financial analysis and business case development, while building your understanding of procurement processes, contract management, supplier relationships, and third-party risk management requirements.
• Reporting and performance measurement - Help develop key performance indicators, dashboards, and business scorecards that support enterprise-wide reporting and informed decision-making.
• Consultation and communication - Partner with procurement stakeholders to understand business needs and translate them into practical analytical or technical solutions. Present findings clearly through reports and presentations tailored to your audience.
• Continuous improvement - Look for ways to improve processes, enhance operational effectiveness, and support better outcomes across Procurement and partner teams.

Who you are

• You have relevant education. You're currently enrolled in post-secondary education and pursuing a degree in management, engineering, or a related field. A master's degree is an asset.
• You can demonstrate experience in Microsoft Excel, including tools such as PivotTables and VLOOKUP. It's an asset if you have experience with Alteryx, Python, Power BI, and Tableau.
• You have relevant experience. You bring exposure to supplier relationship management, financial services, procurement, or a related field. Previous experience of 1-2 years is considered an asset.
• You're motivated by collective success. You work well with partners across teams and value collaboration when solving problems and delivering results.
• You love to learn. You're passionate about growing your knowledge, asking questions, and building new skills through hands-on experience.
• 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

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*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 Mailbox.careers-carrieres@cibc.com

• 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.

Expected End Date

2027-08-27

Job Location

Toronto-81 Bay, 14th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Collaboration, Continuous Improvement, Informed Decision Making, Problem Solving, Procurement